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VanEck Preferred Securities ex Financials ETF

34 hedge funds and large institutions have $71.3M invested in VanEck Preferred Securities ex Financials ETF in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 3 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 3

221% more capital invested

Capital invested by funds: $22.2M → $71.3M (+$49.1M)

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

12.72% more ownership

Funds ownership: 10.75%23.47% (+13%)

6% more funds holding

Funds holding: 3234 (+2)

Holders
34
Holders Change
+2
Holders Change %
+6.25%
% of All Funds
0.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
3
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Aviance Capital Management
Florida
$33.5M +$32.6M +1,563,752 +3,186%
GI
2
Gradient Investments
Minnesota
$12.8M +$10.4M +499,202 +430%
AA
3
Apriem Advisors
California
$4.17M +$323K +15,508 +8%
1SB
4
1ST Source Bank
Indiana
$2.52M -$2.83K -136 -0.1%
Jane Street
5
Jane Street
New York
$2.47M +$2.48M +119,092 New
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$2.39M +$1.15M +55,057 +91%
LPL Financial
7
LPL Financial
California
$2.21M +$25.5K +1,226 +1%
Morgan Stanley
8
Morgan Stanley
New York
$1.5M +$322K +15,482 +27%
UBS Group
9
UBS Group
Switzerland
$1.42M +$62.7K +3,009 +5%
PA
10
Pinnacle Associates
New York
$1.12M +$22K +1,055 +2%
HW
11
Hancock Whitney
Mississippi
$1.01M -$593K -28,463 -37%
IFB
12
iAB Financial Bank
Indiana
$849K +$500K +24,000 +142%
OCM
13
Orleans Capital Management
Louisiana
$806K +$142K +6,800 +21%
ICOA
14
Investment Centers of America
North Dakota
$763K +$87.8K +4,216 +13%
WA
15
Wasatch Advisors
Utah
$622K
Bank of America
16
Bank of America
North Carolina
$600K +$517K +24,831 +609%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$568K +$570K +27,371 New
FWP
18
FAS Wealth Partners
Kansas
$306K +$4.08K +196 +1%
Stifel Financial
19
Stifel Financial
Missouri
$266K +$267K +12,817 New
MFS
20
MSI Financial Services
Massachusetts
$257K +$50.1K +2,407 +24%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$237K -$23.8K -1,145 -9%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$218K +$34.4K +1,650 +19%
AIG
23
American International Group
New York
$184K +$184K +8,850 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$137K +$14.6K +700 +12%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$134K +$10.2K +488 +8%

PFXF Hedge Fund Activity: Q1 2015 in Review

34 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q1 2015, worth a combined $71.3M — up 221% from $22.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PFXF positions and 6 closed out — a net gain of 2 holders — while 17 added to existing stakes and 3 trimmed.

The largest buyer was Aviance Capital Management, adding an estimated $32.6M. The largest seller was Hancock Whitney, cutting an estimated $593K.

  • 34 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q1 2015, up from 32 in Q4 2014.
  • Funds reported $71.3M of VanEck Preferred Securities ex Financials ETF stock for Q1 2015, up 221% quarter-over-quarter.
  • 8 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q1 2015 and 6 closed out, a net change of +2 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q1 2015 was Aviance Capital Management, an estimated $32.6M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q1 2015 was Hancock Whitney, an estimated $593K sold.

Based on aggregated 13F filings for Q1 2015.