VanEck Preferred Securities ex Financials ETF
PFXF
103 hedge funds and large institutions have $128M invested in VanEck Preferred Securities ex Financials ETF in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 15 reducing their positions, and 10 closing their positions.
207% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 15
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $105M → $128M (+$23M)
12% more funds holding
Funds holding: 92 → 103 (+11)
1.48% more ownership
Funds ownership: 14.03% → 15.51% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.95M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$864K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$821K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$708K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$659K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.66M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$798K |
| 3 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
-$506K |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$464K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$386K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2K | – | – | – |
|
102
Citigroup
New York
| $1K | – | – | – |
|
|
AWG
103
Altus Wealth Group
Colorado Springs,
Colorado
| $1K | +$1.42K | +71 | New |
|
|
GHAM
104
Gilman Hill Asset Management
New Canaan,
Connecticut
| – | -$506K | -26,375 | Closed |
|
|
UCFA
105
United Capital Financial Advisors
Irving,
Texas
| – | -$386K | -20,147 | Closed |
|
|
AAS
106
Avantax Advisory Services
Dallas,
Texas
| – | -$281K | -14,466 | Closed |
|
|
IWA
107
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$226K | -11,790 | Closed |
|
|
FFA
108
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$55K | -2,850 | Closed |
|
|
FHA
109
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$34K | -1,800 | Closed |
|
|
APA
110
American Portfolios Advisors
Holbrook,
New York
| – | -$10K | -522 | Closed |
|
|
ACA
111
Aptus Capital Advisors
Fairhope,
Alabama
| – | -$8K | -421 | Closed |
|
|
ASN
112
Advisory Services Network
Atlanta,
Georgia
| – | -$3K | -138 | Closed |
|
|
CHAM
113
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$1.93K | -101 | Closed |
|
PFXF Hedge Fund Activity: Q4 2020 in Review
103 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2020, worth a combined $128M — up 22% from $105M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PFXF positions and 10 closed out — a net gain of 11 holders — while 46 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.95M. The largest seller was Wells Fargo, cutting an estimated $2.66M.
- 103 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2020, up from 92 in Q3 2020.
- Funds reported $128M of VanEck Preferred Securities ex Financials ETF stock for Q4 2020, up 22% quarter-over-quarter.
- 21 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2020 and 10 closed out, a net change of +11 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2020 was LPL Financial, an estimated $1.95M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2020 was Wells Fargo, an estimated $2.66M sold.
Based on aggregated 13F filings for Q4 2020.