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VanEck Preferred Securities ex Financials ETF

41 hedge funds and large institutions have $55.6M invested in VanEck Preferred Securities ex Financials ETF in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

8% more funds holding

Funds holding: 3841 (+3)

1.38% more ownership

Funds ownership: 22%23.38% (+1.4%)

4% less capital invested

Capital invested by funds: $58M → $55.6M (-$2.41M)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

Holders
41
Holders Change
+3
Holders Change %
+7.89%
% of All Funds
1.08%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
12
Reduced
14
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Aviance Capital Management
Florida
$19.6M -$1.21M -62,230 -6%
GI
2
Gradient Investments
Minnesota
$8.59M -$6.05M -311,500 -41%
AA
3
Apriem Advisors
California
$3.88M -$11.5K -590 -0.3%
LPL Financial
4
LPL Financial
California
$3.52M +$1.59M +81,928 +82%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$2.35M +$1.6M +82,556 +206%
Jane Street
6
Jane Street
New York
$2.11M +$1.78M +91,665 +500%
1SB
7
1ST Source Bank
Indiana
$2.04M -$214K -11,013 -9%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$1.61M +$966K +49,699 +144%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$1.15M +$22.1K +1,138 +2%
PA
10
Pinnacle Associates
New York
$1M -$25.8K -1,325 -2%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$802K +$27K +1,390 +3%
Bank of America
12
Bank of America
North Carolina
$776K +$52.1K +2,683 +7%
OCM
13
Orleans Capital Management
Louisiana
$769K +$19.4K +1,000 +3%
Morgan Stanley
14
Morgan Stanley
New York
$762K -$133K -6,822 -15%
ICOA
15
Investment Centers of America
North Dakota
$745K -$14.9K -766 -2%
MFS
16
MSI Financial Services
Massachusetts
$708K -$797 -41 -0.1%
UBS Group
17
UBS Group
Switzerland
$701K -$61.6K -3,167 -8%
BHTS
18
Bar Harbor Trust Services
Maine
$653K -$43.9K -2,260 -6%
WA
19
Wasatch Advisors
Utah
$479K
SS
20
Simplicity Solutions
Minnesota
$436K +$443K +22,775 New
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$373K +$378K +19,457 New
IA
22
IFP Advisors
Florida
$362K +$367K +18,905 New
DCM
23
Delta Capital Management
New Jersey
$312K +$29.2K +1,500 +10%
IFB
24
iAB Financial Bank
Indiana
$306K -$476K -24,500 -60%
VKH
25
Virtu KCG Holdings
New York
$287K -$54.1K -2,783 -16%

PFXF Hedge Fund Activity: Q4 2015 in Review

41 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2015, worth a combined $55.6M — down 4.2% from $58M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new PFXF positions and 1 closed out — a net gain of 3 holders — while 12 added to existing stakes and 14 trimmed.

The largest buyer was Jane Street, adding an estimated $1.78M. The largest seller was Gradient Investments, cutting an estimated $6.05M.

  • 41 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2015, up from 38 in Q3 2015.
  • Funds reported $55.6M of VanEck Preferred Securities ex Financials ETF stock for Q4 2015, down 4.2% quarter-over-quarter.
  • 4 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2015 and 1 closed out, a net change of +3 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2015 was Jane Street, an estimated $1.78M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2015 was Gradient Investments, an estimated $6.05M sold.

Based on aggregated 13F filings for Q4 2015.