VanEck Preferred Securities ex Financials ETF
PFXF
62 hedge funds and large institutions have $56.7M invested in VanEck Preferred Securities ex Financials ETF in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
5% more funds holding
Funds holding: 59 → 62 (+3)
1.67% less ownership
Funds ownership: 14.06% → 12.39% (-1.7%)
7% less capital invested
Capital invested by funds: $60.8M → $56.7M (-$4.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.05M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$746K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$546K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$492K |
| 5 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$5.85M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$983K |
| 3 |
Morgan Stanley
New York
|
-$890K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$395K |
| 5 |
LPL Financial
San Diego,
California
|
-$370K |
PFXF Hedge Fund Activity: Q2 2017 in Review
62 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2017, worth a combined $56.7M — down 6.7% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PFXF positions and 6 closed out — a net gain of 3 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Gradient Investments, adding an estimated $1.05M. The largest seller was Aviance Capital Management, cutting an estimated $5.85M.
- 62 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2017, up from 59 in Q1 2017.
- Funds reported $56.7M of VanEck Preferred Securities ex Financials ETF stock for Q2 2017, down 6.7% quarter-over-quarter.
- 9 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2017 and 6 closed out, a net change of +3 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2017 was Gradient Investments, an estimated $1.05M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2017 was Aviance Capital Management, an estimated $5.85M sold.
Based on aggregated 13F filings for Q2 2017.