VanEck Preferred Securities ex Financials ETF
PFXF
129 hedge funds and large institutions have $177M invested in VanEck Preferred Securities ex Financials ETF in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 50 reducing their positions, and 13 closing their positions.
2.91% less ownership
Funds ownership: 21.85% → 18.94% (-2.9%)
3% less funds holding
Funds holding: 133 → 129 (-4)
18% less capital invested
Capital invested by funds: $216M → $177M (-$39.8M)
24% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 50
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
MY Wealth Management
Germantown,
Maryland
|
+$14M |
| 2 |
Morgan Stanley
New York
|
+$3.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.01M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.57M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Comprehensive Wealth Management
Lynnwood,
Washington
|
-$35.4M |
| 2 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$6.59M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.59M |
| 4 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$2.01M |
| 5 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$1.2M |
PFXF Hedge Fund Activity: Q3 2022 in Review
129 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2022, worth a combined $177M — down 18% from $216M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PFXF and 9 opened new positions — a net loss of 4 holders — while 50 trimmed existing stakes and 38 added.
The largest buyer was MY Wealth Management, adding an estimated $14M. The largest seller was Comprehensive Wealth Management, exiting entirely with an estimated $35.4M sold.
- 129 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2022, down from 133 in Q2 2022.
- Funds reported $177M of VanEck Preferred Securities ex Financials ETF stock for Q3 2022, down 18% quarter-over-quarter.
- 9 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2022 and 13 closed out, a net change of -4 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2022 was MY Wealth Management, an estimated $14M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2022 was Comprehensive Wealth Management, an estimated $35.4M sold.
Based on aggregated 13F filings for Q3 2022.