VanEck Preferred Securities ex Financials ETF
PFXF
116 hedge funds and large institutions have $147M invested in VanEck Preferred Securities ex Financials ETF in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 43 increasing their positions, 27 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
59% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 27
15% more capital invested
Capital invested by funds: $128M → $147M (+$18.6M)
13% more funds holding
Funds holding: 103 → 116 (+13)
0.8% more ownership
Funds ownership: 15.51% → 16.3% (+0.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$13.6M |
| 2 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$4.31M |
| 3 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$1.84M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.81M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$5.66M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$2.51M |
| 3 |
PT
Plimoth Trust
Plymouth,
Massachusetts
|
-$1.71M |
| 4 |
BWM
BCS Wealth Management
Johnson City,
Tennessee
|
-$1.14M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWG
126
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$1K | -71 | Closed |
|
127
Citigroup
New York
| – | -$1K | -27 | Closed |
|
PFXF Hedge Fund Activity: Q1 2021 in Review
116 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q1 2021, worth a combined $147M — up 15% from $128M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PFXF positions and 11 closed out — a net gain of 13 holders — while 43 added to existing stakes and 27 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $13.6M. The largest seller was Congress Asset Management, cutting an estimated $5.66M.
- 116 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q1 2021, up from 103 in Q4 2020.
- Funds reported $147M of VanEck Preferred Securities ex Financials ETF stock for Q1 2021, up 15% quarter-over-quarter.
- 24 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q1 2021 and 11 closed out, a net change of +13 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q1 2021 was Raymond James Financial Services Advisors, an estimated $13.6M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q1 2021 was Congress Asset Management, an estimated $5.66M sold.
Based on aggregated 13F filings for Q1 2021.