VanEck Preferred Securities ex Financials ETF
PFXF
62 hedge funds and large institutions have $60M invested in VanEck Preferred Securities ex Financials ETF in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 16 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 16
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
6% more capital invested
Capital invested by funds: $56.7M → $60M (+$3.24M)
0% more funds holding
Funds holding: 62 → 62 (0)
0.1% less ownership
Funds ownership: 12.39% → 12.29% (-0.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.74M |
| 2 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$1.77M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$680K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$628K |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Apriem Advisors
Irvine,
California
|
-$4.09M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$694K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$525K |
| 4 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
-$430K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$322K |
PFXF Hedge Fund Activity: Q3 2017 in Review
62 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2017, worth a combined $60M — up 5.7% from $56.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFXF positions and 6 closed out — a net gain of 1 holder — while 28 added to existing stakes and 16 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.74M. The largest seller was Apriem Advisors, cutting an estimated $4.09M.
- 62 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $60M of VanEck Preferred Securities ex Financials ETF stock for Q3 2017, up 5.7% quarter-over-quarter.
- 7 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2017 and 6 closed out, a net change of +1 holder.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2017 was Royal Bank of Canada, an estimated $2.74M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2017 was Apriem Advisors, an estimated $4.09M sold.
Based on aggregated 13F filings for Q3 2017.