VanEck Preferred Securities ex Financials ETF
PFXF
183 hedge funds and large institutions have $470M invested in VanEck Preferred Securities ex Financials ETF in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 67 increasing their positions, 57 reducing their positions, and 28 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 57
1.98% less ownership
Funds ownership: 28.17% → 26.19% (-2%)
4% less funds holding
Funds holding: 190 → 183 (-7)
10% less capital invested
Capital invested by funds: $521M → $470M (-$51.4M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAS
Park Avenue Securities
New York
|
+$5.17M |
| 2 |
GSWA
Good Steward Wealth Advisors
Clarksville,
Tennessee
|
+$4.65M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$2.17M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$1.25M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$941K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Comprehensive Wealth Management
Lynnwood,
Washington
|
-$35.8M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$7.91M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.27M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.46M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
201
Montag & Associates
Atlanta,
Georgia
| – | -$122K | -7,279 | Closed |
|
|
VNA
202
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$73K | -4,383 | Closed |
|
|
AG
203
AmeriFlex Group
Las Vegas,
Nevada
| – | -$37.9K | -2,262 | Closed |
|
|
AWM
204
AE Wealth Management
Topeka,
Kansas
| – | -$23.3K | -1,393 | Closed |
|
205
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$17.6K | -1,052 | Closed |
|
|
KFI
206
Key Financial Inc
West Chester,
Pennsylvania
| – | -$12.8K | -763 | Closed |
|
|
TAM
207
Tucker Asset Management
Littleton,
Colorado
| – | -$1.68K | -100 | Closed |
|
208
AssetMark Inc
Concord,
California
| – | -$1.48K | -88 | Closed |
|
|
TRCT
209
Tower Research Capital (TRC)
New York
| – | -$888 | -53 | Closed |
|
|
VDBMI
210
Van Den Berg Management I
Austin,
Texas
| – | -$838 | -50 | Closed |
|
|
SWM
211
Spire Wealth Management
Mclean,
Virginia
| – | +$33 | +2 | New |
|
PFXF Hedge Fund Activity: Q2 2025 in Review
183 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2025, worth a combined $470M — down 9.9% from $521M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PFXF and 21 opened new positions — a net loss of 7 holders — while 57 trimmed existing stakes and 67 added.
The largest buyer was Park Avenue Securities, opening a new position worth an estimated $5.17M. The largest seller was Comprehensive Wealth Management, exiting entirely with an estimated $35.8M sold.
- 183 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2025, down from 190 in Q1 2025.
- Funds reported $470M of VanEck Preferred Securities ex Financials ETF stock for Q2 2025, down 9.9% quarter-over-quarter.
- 21 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2025 and 28 closed out, a net change of -7 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2025 was Park Avenue Securities, an estimated $5.17M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2025 was Comprehensive Wealth Management, an estimated $35.8M sold.
Based on aggregated 13F filings for Q2 2025.