VanEck Preferred Securities ex Financials ETF
PFXF
59 hedge funds and large institutions have $73.1M invested in VanEck Preferred Securities ex Financials ETF in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
18% more funds holding
Funds holding: 50 → 59 (+9)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
0.91% less ownership
Funds ownership: 18.55% → 17.64% (-0.91%)
15% less capital invested
Capital invested by funds: $86.4M → $73.1M (-$13.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.76M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.5M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.18M |
| 4 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$1.13M |
| 5 |
FA
FDx Advisors
Chicago,
Illinois
|
+$970K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.4M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$2.73M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$2.17M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$858K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
51
Winslow Evans & Crocker
Boston,
Massachusetts
| $21.9K | +$11.8K | +600 | +112% |
|
|
QAM
52
QCI Asset Management
Pittsford,
New York
| $21K | – | – | – |
|
|
DADC
53
D.A. Davidson & Co
Great Falls,
Montana
| $19K | – | – | – |
|
|
FFW
54
Fusion Family Wealth
Woodbury,
New York
| $19K | +$19.7K | +1,000 | New |
|
|
SNT
55
Security National Trust
Wheeling,
West Virginia
| $9K | – | – | – |
|
56
SEI Investments
Oaks,
Pennsylvania
| $9K | +$9.36K | +474 | New |
|
57
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6K | – | – | – |
|
58
Citigroup
New York
| $6K | +$79 | +4 | +1% |
|
|
PFGIA
59
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $4K | +$4.52K | +229 | New |
|
|
ACM
60
Argentus Capital Management
Dallas,
Texas
| – | -$184K | -8,855 | Closed |
|
|
WIC
61
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$79K | -3,800 | Closed |
|
PFXF Hedge Fund Activity: Q4 2016 in Review
59 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2016, worth a combined $73.1M — down 15% from $86.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PFXF positions and 2 closed out — a net gain of 10 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $2.76M. The largest seller was Morgan Stanley, cutting an estimated $10.4M.
- 59 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2016, up from 50 in Q3 2016.
- Funds reported $73.1M of VanEck Preferred Securities ex Financials ETF stock for Q4 2016, down 15% quarter-over-quarter.
- 12 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2016 and 2 closed out, a net change of +10 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2016 was Flow Traders U.S., an estimated $2.76M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2016 was Morgan Stanley, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2016.