VanEck Preferred Securities ex Financials ETF
PFXF
73 hedge funds and large institutions have $87.5M invested in VanEck Preferred Securities ex Financials ETF in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
14% more funds holding
Funds holding: 64 → 73 (+9)
14% more capital invested
Capital invested by funds: $76.7M → $87.5M (+$10.8M)
1.05% more ownership
Funds ownership: 14.01% → 15.05% (+1%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.52M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.01M |
| 3 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$1.91M |
| 4 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
+$1.62M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$878K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$3.42M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$692K |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$507K |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$396K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$259K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$39K | -2,000 | Closed |
|
77
SEI Investments
Oaks,
Pennsylvania
| – | -$13K | -687 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$10K | -488 | Closed |
|
|
BCA
79
Bay Colony Advisors
Concord,
Massachusetts
| – | -$6K | -298 | Closed |
|
|
AIS
80
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$1K | -57 | Closed |
|
PFXF Hedge Fund Activity: Q3 2018 in Review
73 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2018, worth a combined $87.5M — up 14% from $76.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PFXF positions and 7 closed out — a net gain of 9 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $3.52M. The largest seller was Newfound Research, cutting an estimated $3.42M.
- 73 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2018, up from 64 in Q2 2018.
- Funds reported $87.5M of VanEck Preferred Securities ex Financials ETF stock for Q3 2018, up 14% quarter-over-quarter.
- 16 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2018 and 7 closed out, a net change of +9 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2018 was Raymond James Financial Services Advisors, an estimated $3.52M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2018 was Newfound Research, an estimated $3.42M sold.
Based on aggregated 13F filings for Q3 2018.