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VanEck Preferred Securities ex Financials ETF

59 hedge funds and large institutions have $73.1M invested in VanEck Preferred Securities ex Financials ETF in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 2

18% more funds holding

Funds holding: 5059 (+9)

12% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 17

0.91% less ownership

Funds ownership: 18.55%17.64% (-0.91%)

15% less capital invested

Capital invested by funds: $86.4M → $73.1M (-$13.3M)

Holders
59
Holders Change
+9
Holders Change %
+18%
% of All Funds
1.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
19
Reduced
17
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Aviance Capital Management
Florida
$14.9M -$2.17M -109,871 -12%
GI
2
Gradient Investments
Minnesota
$7.41M -$2.73M -138,333 -26%
Bank of America
3
Bank of America
North Carolina
$6.93M +$1.5M +75,788 +27%
AA
4
Apriem Advisors
California
$4.46M +$81.5K +4,126 +2%
Morgan Stanley
5
Morgan Stanley
New York
$4.08M -$10.4M -526,850 -71%
TYCC
6
Texas Yale Capital Corp
Florida
$3.86M +$1.13M +57,125 +40%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$3.76M -$46.8K -2,368 -1%
FTUS
8
Flow Traders U.S.
New York
$2.78M +$2.76M +140,008 +3,590%
LPL Financial
9
LPL Financial
California
$2.63M -$60.2K -3,047 -2%
1SB
10
1ST Source Bank
Indiana
$2.49M -$27.9K -1,414 -1%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$1.8M -$172K -8,728 -9%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$1.25M +$4.36K +221 +0.3%
VKH
13
Virtu KCG Holdings
New York
$1.15M +$1.18M +59,524 New
UBS Group
14
UBS Group
Switzerland
$1.12M +$372K +18,861 +48%
OCM
15
Orleans Capital Management
Louisiana
$980K -$17.8K -900 -2%
FA
16
FDx Advisors
Illinois
$948K +$970K +49,119 New
BHTS
17
Bar Harbor Trust Services
Maine
$920K +$150K +7,571 +19%
PA
18
Pinnacle Associates
New York
$874K -$66.5K -3,369 -7%
Wells Fargo
19
Wells Fargo
California
$788K +$801K +40,553 +16,485%
ICOA
20
Investment Centers of America
North Dakota
$754K
Ameriprise
21
Ameriprise
Minnesota
$728K +$744K +37,684 New
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$694K -$1.3K -66 -0.2%
AG
23
Advisor Group
Arizona
$598K +$180K +9,122 +42%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$591K -$858K -43,445 -59%
CCG
25
Cypress Capital Group
Florida
$544K +$20.7K +1,050 +4%

PFXF Hedge Fund Activity: Q4 2016 in Review

59 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2016, worth a combined $73.1M — down 15% from $86.4M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PFXF positions and 2 closed out — a net gain of 10 holders — while 19 added to existing stakes and 17 trimmed.

The largest buyer was Flow Traders U.S., adding an estimated $2.76M. The largest seller was Morgan Stanley, cutting an estimated $10.4M.

  • 59 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2016, up from 50 in Q3 2016.
  • Funds reported $73.1M of VanEck Preferred Securities ex Financials ETF stock for Q4 2016, down 15% quarter-over-quarter.
  • 12 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2016 and 2 closed out, a net change of +10 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2016 was Flow Traders U.S., an estimated $2.76M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2016 was Morgan Stanley, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2016.