VanEck Preferred Securities ex Financials ETF
PFXF
92 hedge funds and large institutions have $77.7M invested in VanEck Preferred Securities ex Financials ETF in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 32 increasing their positions, 22 reducing their positions, and 5 closing their positions.
280% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 5
45% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 22
18% more funds holding
Funds holding: 78 → 92 (+14)
10% more capital invested
Capital invested by funds: $70.8M → $77.7M (+$6.92M)
0.35% less ownership
Funds ownership: 11.42% → 11.07% (-0.35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.77M |
| 2 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$1.44M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.31M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.24M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.11M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$679K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$354K |
| 5 |
PA
Parallel Advisors
San Francisco,
California
|
-$231K |
PFXF Hedge Fund Activity: Q3 2019 in Review
92 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2019, worth a combined $77.7M — up 9.8% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PFXF positions and 5 closed out — a net gain of 14 holders — while 32 added to existing stakes and 22 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.77M. The largest seller was Royal Bank of Canada, cutting an estimated $3.24M.
- 92 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2019, up from 78 in Q2 2019.
- Funds reported $77.7M of VanEck Preferred Securities ex Financials ETF stock for Q3 2019, up 9.8% quarter-over-quarter.
- 19 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2019 and 5 closed out, a net change of +14 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2019 was LPL Financial, an estimated $1.77M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2019 was Royal Bank of Canada, an estimated $3.24M sold.
Based on aggregated 13F filings for Q3 2019.