VanEck Preferred Securities ex Financials ETF
PFXF
38 hedge funds and large institutions have $58M invested in VanEck Preferred Securities ex Financials ETF in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
31% more capital invested
Capital invested by funds: $44.4M → $58M (+$13.6M)
9% more funds holding
Funds holding: 35 → 38 (+3)
6.43% more ownership
Funds ownership: 15.56% → 22% (+6.4%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$21.7M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.01M |
| 3 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$727K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$515K |
| 5 |
DCM
Delta Capital Management
Red Bank,
New Jersey
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.89M |
| 2 |
Jane Street
New York
|
-$1.42M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.18M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$1.01M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$202K |
PFXF Hedge Fund Activity: Q3 2015 in Review
38 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2015, worth a combined $58M — up 31% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PFXF positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $21.7M. The largest seller was Morgan Stanley, cutting an estimated $5.89M.
- 38 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2015, up from 35 in Q2 2015.
- Funds reported $58M of VanEck Preferred Securities ex Financials ETF stock for Q3 2015, up 31% quarter-over-quarter.
- 8 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2015 and 3 closed out, a net change of +5 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2015 was Aviance Capital Management, an estimated $21.7M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2015 was Morgan Stanley, an estimated $5.89M sold.
Based on aggregated 13F filings for Q3 2015.