VanEck Preferred Securities ex Financials ETF
PFXF
92 hedge funds and large institutions have $105M invested in VanEck Preferred Securities ex Financials ETF in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 14 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 19
13% more capital invested
Capital invested by funds: $92.7M → $105M (+$12.3M)
0.56% more ownership
Funds ownership: 13.46% → 14.03% (+0.56%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
3% less funds holding
Funds holding: 95 → 92 (-3)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.65M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$2.29M |
| 3 |
Morgan Stanley
New York
|
+$1.9M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$1.61M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
-$4.48M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.87M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.68M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$855K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$427K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| – | -$36K | -2,000 | Closed |
|
|
ACA
102
Atlas Capital Advisors
Jackson,
Wyoming
| – | -$18.3K | -1,003 | Closed |
|
|
GWMIA
103
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$1K | -71 | Closed |
|
|
LAS
104
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$1K | -37 | Closed |
|
PFXF Hedge Fund Activity: Q3 2020 in Review
92 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2020, worth a combined $105M — up 13% from $92.7M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PFXF and 13 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 38 added.
The largest buyer was Wells Fargo, adding an estimated $3.65M. The largest seller was Gilman Hill Asset Management, cutting an estimated $4.48M.
- 92 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2020, down from 95 in Q2 2020.
- Funds reported $105M of VanEck Preferred Securities ex Financials ETF stock for Q3 2020, up 13% quarter-over-quarter.
- 13 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2020 and 14 closed out, a net change of -1 holder.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2020 was Wells Fargo, an estimated $3.65M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2020 was Gilman Hill Asset Management, an estimated $4.48M sold.
Based on aggregated 13F filings for Q3 2020.