VanEck Preferred Securities ex Financials ETF
PFXF
41 hedge funds and large institutions have $74.9M invested in VanEck Preferred Securities ex Financials ETF in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 6 reducing their positions, and 4 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 6
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
49% more capital invested
Capital invested by funds: $50.2M → $74.9M (+$24.7M)
11% more funds holding
Funds holding: 37 → 41 (+4)
2.02% more ownership
Funds ownership: 18.08% → 20.1% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.27M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.43M |
| 4 |
PA
Pinnacle Associates
New York
|
+$996K |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$725K |
| 2 |
Jane Street
New York
|
-$463K |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$260K |
| 4 |
AIG
American International Group
New York
|
-$199K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$145K |
PFXF Hedge Fund Activity: Q2 2016 in Review
41 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2016, worth a combined $74.9M — up 49% from $50.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PFXF positions and 4 closed out — a net gain of 5 holders — while 20 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.3M. The largest seller was LPL Financial, cutting an estimated $725K.
- 41 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2016, up from 37 in Q1 2016.
- Funds reported $74.9M of VanEck Preferred Securities ex Financials ETF stock for Q2 2016, up 49% quarter-over-quarter.
- 9 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2016 and 4 closed out, a net change of +5 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2016 was Morgan Stanley, an estimated $12.3M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2016 was LPL Financial, an estimated $725K sold.
Based on aggregated 13F filings for Q2 2016.