VanEck Preferred Securities ex Financials ETF
PFXF
78 hedge funds and large institutions have $70.8M invested in VanEck Preferred Securities ex Financials ETF in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 31 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
3% more funds holding
Funds holding: 76 → 78 (+2)
5% less capital invested
Capital invested by funds: $74.2M → $70.8M (-$3.4M)
2.87% less ownership
Funds ownership: 14.28% → 11.42% (-2.9%)
35% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.41M |
| 2 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$1.06M |
| 3 |
LPL Financial
San Diego,
California
|
+$785K |
| 4 |
Morgan Stanley
New York
|
+$659K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
-$6.18M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$5.88M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.25M |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$1.09M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$546K |
PFXF Hedge Fund Activity: Q2 2019 in Review
78 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2019, worth a combined $70.8M — down 4.6% from $74.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFXF positions and 8 closed out — a net gain of 5 holders — while 20 added to existing stakes and 31 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $1.41M. The largest seller was Joseph P. Lucia & Associates, cutting an estimated $6.18M.
- 78 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2019, up from 76 in Q1 2019.
- Funds reported $70.8M of VanEck Preferred Securities ex Financials ETF stock for Q2 2019, down 4.6% quarter-over-quarter.
- 13 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2019 and 8 closed out, a net change of +5 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2019 was Mirae Asset Global Investments, an estimated $1.41M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2019 was Joseph P. Lucia & Associates, an estimated $6.18M sold.
Based on aggregated 13F filings for Q2 2019.