VanEck Preferred Securities ex Financials ETF
PFXF
35 hedge funds and large institutions have $44.4M invested in VanEck Preferred Securities ex Financials ETF in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
3% more funds holding
Funds holding: 34 → 35 (+1)
7.9% less ownership
Funds ownership: 23.47% → 15.56% (-7.9%)
38% less capital invested
Capital invested by funds: $71.3M → $44.4M (-$26.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.56M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.94M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$453K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$330K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$33.5M |
| 2 |
Jane Street
New York
|
-$611K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$551K |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$103K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$54.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIC
26
Woodmont Investment Counsel
Nashville,
Tennessee
| $117K | +$120K | +5,800 | New |
|
|
FANJ
27
Financial Architects (New Jersey)
Marlton,
New Jersey
| $85K | – | – | – |
|
|
GWA
28
Genesis Wealth Advisors
Braintree,
Massachusetts
| $75.6K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $66K | -$9.9K | -479 | -13% |
|
|
MAA
30
Managed Account Advisors
Jersey City,
New Jersey
| $42K | -$21 | -1 | -0% |
|
|
QAM
31
QCI Asset Management
Pittsford,
New York
| $10K | – | – | – |
|
|
SNT
32
Security National Trust
Wheeling,
West Virginia
| $9K | – | – | – |
|
33
Citigroup
New York
| $6K | +$5.89K | +285 | New |
|
34
Wells Fargo
San Francisco,
California
| $5K | +$5.19K | +251 | New |
|
|
HNB
35
Huntington National Bank
Columbus,
Ohio
| $4K | -$4.13K | -200 | Closed |
|
|
NFG
36
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
ACM
37
Aviance Capital Management
Sarasota,
Florida
| – | -$33.5M | -1,612,828 | Closed |
|
38
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10K | -500 | Closed |
|
PFXF Hedge Fund Activity: Q2 2015 in Review
35 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2015, worth a combined $44.4M — down 38% from $71.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFXF positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.56M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $33.5M sold.
- 35 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2015, up from 34 in Q1 2015.
- Funds reported $44.4M of VanEck Preferred Securities ex Financials ETF stock for Q2 2015, down 38% quarter-over-quarter.
- 4 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2015 and 3 closed out, a net change of +1 holder.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2015 was Morgan Stanley, an estimated $5.56M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2015 was Aviance Capital Management, an estimated $33.5M sold.
Based on aggregated 13F filings for Q2 2015.