VanEck Preferred Securities ex Financials ETF
PFXF
98 hedge funds and large institutions have $79.9M invested in VanEck Preferred Securities ex Financials ETF in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 27 reducing their positions, and 18 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 27
1.04% more ownership
Funds ownership: 11.68% → 12.72% (+1%)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
3% less funds holding
Funds holding: 101 → 98 (-3)
11% less capital invested
Capital invested by funds: $90M → $79.9M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$5.49M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.5M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$756K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.55M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.55M |
| 3 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$1.03M |
| 4 |
LWS
Lucia Wealth Services
San Diego,
California
|
-$843K |
| 5 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$671K |
PFXF Hedge Fund Activity: Q1 2020 in Review
98 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q1 2020, worth a combined $79.9M — down 11% from $90M a quarter earlier.
Fund positioning in PFXF was balanced in Q1 2020: 18 funds opened new positions, 18 closed out, 31 added to existing stakes and 27 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $5.49M. The largest seller was Morgan Stanley, cutting an estimated $2.55M.
- 98 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q1 2020, down from 101 in Q4 2019.
- Funds reported $79.9M of VanEck Preferred Securities ex Financials ETF stock for Q1 2020, down 11% quarter-over-quarter.
- 18 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q1 2020 and 18 closed out, a net change of 0 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q1 2020 was Congress Asset Management, an estimated $5.49M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q1 2020 was Morgan Stanley, an estimated $2.55M sold.
Based on aggregated 13F filings for Q1 2020.