VanEck Preferred Securities ex Financials ETF
PFXF
50 hedge funds and large institutions have $86.4M invested in VanEck Preferred Securities ex Financials ETF in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 7 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
243% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 7
22% more funds holding
Funds holding: 41 → 50 (+9)
15% more capital invested
Capital invested by funds: $74.9M → $86.4M (+$11.4M)
1.55% less ownership
Funds ownership: 20.1% → 18.55% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.72M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$1.94M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.89M |
| 4 |
Morgan Stanley
New York
|
+$1.71M |
| 5 |
Jane Street
New York
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.51M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$358K |
| 3 |
PCM
Prelude Capital Management
New York
|
-$197K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$90.1K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$23.5K |
PFXF Hedge Fund Activity: Q3 2016 in Review
50 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2016, worth a combined $86.4M — up 15% from $74.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PFXF positions and 3 closed out — a net gain of 9 holders — while 24 added to existing stakes and 7 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $3.72M. The largest seller was Aviance Capital Management, cutting an estimated $1.51M.
- 50 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2016, up from 41 in Q2 2016.
- Funds reported $86.4M of VanEck Preferred Securities ex Financials ETF stock for Q3 2016, up 15% quarter-over-quarter.
- 12 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2016 and 3 closed out, a net change of +9 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2016 was Envestnet Asset Management, an estimated $3.72M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2016 was Aviance Capital Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2016.