VanEck Preferred Securities ex Financials ETF
PFXF
95 hedge funds and large institutions have $92.7M invested in VanEck Preferred Securities ex Financials ETF in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 15 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
16% more capital invested
Capital invested by funds: $79.9M → $92.7M (+$12.8M)
0.74% more ownership
Funds ownership: 12.72% → 13.46% (+0.74%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 98 → 95 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$6.65M |
| 2 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
+$4.02M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$884K |
| 4 |
Morgan Stanley
New York
|
+$573K |
| 5 |
TWA
TCI Wealth Advisors
Tucson,
Arizona
|
+$527K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$2.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.43M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.02M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$829K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$723K |
PFXF Hedge Fund Activity: Q2 2020 in Review
95 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2020, worth a combined $92.7M — up 16% from $79.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PFXF and 13 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 32 added.
The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $6.65M. The largest seller was Advisory Resource Group, exiting entirely with an estimated $2.61M sold.
- 95 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2020, down from 98 in Q1 2020.
- Funds reported $92.7M of VanEck Preferred Securities ex Financials ETF stock for Q2 2020, up 16% quarter-over-quarter.
- 13 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2020 and 15 closed out, a net change of -2 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2020 was Sumitomo Mitsui Trust Group, an estimated $6.65M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2020 was Advisory Resource Group, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2020.