VanEck Preferred Securities ex Financials ETF
PFXF
63 hedge funds and large institutions have $72.7M invested in VanEck Preferred Securities ex Financials ETF in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 11 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
7% more capital invested
Capital invested by funds: $67.9M → $72.7M (+$4.85M)
1.32% more ownership
Funds ownership: 13.18% → 14.5% (+1.3%)
5% less funds holding
Funds holding: 66 → 63 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$4.15M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$931K |
| 4 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$858K |
| 5 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
FDx Advisors
Chicago,
Illinois
|
-$1.32M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$598K |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$568K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$499K |
| 5 |
VF
Virtu Financial
New York
|
-$403K |
PFXF Hedge Fund Activity: Q1 2018 in Review
63 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q1 2018, worth a combined $72.7M — up 7.2% from $67.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PFXF and 8 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 24 added.
The largest buyer was Newfound Research, adding an estimated $4.15M. The largest seller was FDx Advisors, exiting entirely with an estimated $1.32M sold.
- 63 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q1 2018, down from 66 in Q4 2017.
- Funds reported $72.7M of VanEck Preferred Securities ex Financials ETF stock for Q1 2018, up 7.2% quarter-over-quarter.
- 8 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q1 2018 and 11 closed out, a net change of -3 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q1 2018 was Newfound Research, an estimated $4.15M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q1 2018 was FDx Advisors, an estimated $1.32M sold.
Based on aggregated 13F filings for Q1 2018.