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VanEck Preferred Securities ex Financials ETF

146 hedge funds and large institutions have $263M invested in VanEck Preferred Securities ex Financials ETF in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

825% more call options, than puts

Call options by funds: $37K | Put options by funds: $4K

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

36% more capital invested

Capital invested by funds: $193M → $263M (+$69.8M)

14% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 44

5% more ownership

Funds ownership: 21.27%26.28% (+5%)

4% more funds holding

Funds holding: 140146 (+6)

Holders
146
Holders Change
+6
Holders Change %
+4.29%
% of All Funds
2.33%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.08%
New
24
Increased
50
Reduced
44
Closed
16
Calls
$37K
Puts
$4K
Net Calls
+$33K
Net Calls Change
+$33K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$2.34M +$126K +7,101 +6%
NAM
27
NTV Asset Management
West Virginia
$2.3M
JPLA
28
Joseph P. Lucia & Associates
New York
$2.19M +$47.8K +2,691 +2%
Northwestern Mutual Wealth Management
29
Northwestern Mutual Wealth Management
Wisconsin
$2.17M +$212K +11,943 +11%
PAS
30
Park Avenue Securities
New York
$2.01M +$2.03M +113,973 New
IAIM
31
International Assets Investment Management
Florida
$1.97M +$1.81M +102,064 New
FIA
32
Foundations Investment Advisors
Arizona
$1.96M +$148K +8,315 +8%
AI
33
Atria Investments
North Carolina
$1.88M +$1.89M +106,549 New
PT
34
Plimoth Trust
Massachusetts
$1.73M -$79.3K -4,460 -4%
AWS
35
Atria Wealth Solutions
New York
$1.66M -$326K -18,363 -16%
SSWM
36
Sheets Smith Wealth Management
North Carolina
$1.6M +$4.44K +250 +0.3%
PIA
37
Powell Investment Advisors
Florida
$1.55M +$121K +6,785 +8%
SPIA
38
Steward Partners Investment Advisory
New York
$1.53M -$47.8K -2,689 -3%
Ameriprise
39
Ameriprise
Minnesota
$1.48M +$175K +9,869 +13%
IRC
40
Investors Research Corp
Georgia
$1.41M +$180K +10,126 +15%
BFS
41
Bard Financial Services
Connecticut
$1.4M -$388K -21,835 -22%
WAP
42
Wealthcare Advisory Partners
Pennsylvania
$1.4M +$1.21M +68,112 +612%
NA
43
NewEdge Advisors
Louisiana
$1.33M +$220K +12,402 +20%
DADC
44
D.A. Davidson & Co
Montana
$1.24M +$344K +19,339 +38%
SWMG
45
Signature Wealth Management Group
Georgia
$1.24M +$40.1K +2,254 +3%
CPIG
46
Chicago Partners Investment Group
Illinois
$1.06M +$5.95K +335 +0.6%
Thrivent Financial for Lutherans
47
Thrivent Financial for Lutherans
Minnesota
$1.06M -$124K -6,959 -10%
SWM
48
Stockman Wealth Management
Montana
$1.03M -$247K -13,885 -19%
PFS
49
Prospera Financial Services
Texas
$965K -$169K -9,487 -15%
MCA
50
MSH Capital Advisors
Arizona
$911K +$78.1K +4,395 +9%

PFXF Hedge Fund Activity: Q1 2023 in Review

146 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q1 2023, worth a combined $263M — up 36% from $193M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PFXF positions and 16 closed out — a net gain of 8 holders — while 50 added to existing stakes and 44 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $6.9M. The largest seller was Citizens Business Bank, exiting entirely with an estimated $3.39M sold.

  • 146 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q1 2023, up from 140 in Q4 2022.
  • Funds reported $263M of VanEck Preferred Securities ex Financials ETF stock for Q1 2023, up 36% quarter-over-quarter.
  • 24 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q1 2023 and 16 closed out, a net change of +8 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $6.9M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q1 2023 was Citizens Business Bank, an estimated $3.39M sold.

Based on aggregated 13F filings for Q1 2023.