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VanEck Preferred Securities ex Financials ETF

62 hedge funds and large institutions have $60M invested in VanEck Preferred Securities ex Financials ETF in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 16

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

6% more capital invested

Capital invested by funds: $56.7M → $60M (+$3.24M)

0% more funds holding

Funds holding: 6262 (0)

0.1% less ownership

Funds ownership: 12.39%12.29% (-0.1%)

Holders
62
Holders Change
Holders Change %
0%
% of All Funds
1.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
28
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
Gradient Investments
Minnesota
$10.4M +$680K +33,827 +7%
ACM
2
Aviance Capital Management
Florida
$6.86M -$694K -34,515 -9%
TYCC
3
Texas Yale Capital Corp
Florida
$5.66M +$593K +29,500 +12%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$3.38M +$2.74M +136,510 +432%
Bank of America
5
Bank of America
North Carolina
$3.06M +$628K +31,258 +26%
Morgan Stanley
6
Morgan Stanley
New York
$2.64M -$95.6K -4,754 -3%
LPL Financial
7
LPL Financial
California
$2.5M +$144K +7,153 +6%
NR
8
Newfound Research
Massachusetts
$2.04M +$1.77M +88,023 +651%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$1.75M +$69K +3,431 +4%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$1.57M +$314K +15,644 +25%
UBS Group
11
UBS Group
Switzerland
$1.31M +$224K +11,145 +21%
FA
12
FDx Advisors
Illinois
$1.24M +$123K +6,094 +11%
SI
13
SII Investments
Wisconsin
$1.18M +$131K +6,516 +12%
AG
14
Advisor Group
Arizona
$1.03M +$374K +18,589 +57%
OCM
15
Orleans Capital Management
Louisiana
$999K
BHTS
16
Bar Harbor Trust Services
Maine
$897K -$26.1K -1,299 -3%
AA
17
Apriem Advisors
California
$867K -$4.09M -203,619 -83%
PA
18
Pinnacle Associates
New York
$853K -$16K -795 -2%
BCM
19
Bluefin Capital Management
New York
$840K +$624K +31,036 +288%
Wells Fargo
20
Wells Fargo
California
$818K +$247K +12,277 +43%
ICOA
21
Investment Centers of America
North Dakota
$815K -$20.4K -1,017 -2%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$746K +$164K +8,162 +28%
CCG
23
Cypress Capital Group
Florida
$736K +$79.4K +3,950 +12%
WI
24
Wintrust Investments
Illinois
$625K +$82.4K +4,100 +15%
Ameriprise
25
Ameriprise
Minnesota
$606K -$39.1K -1,947 -6%

PFXF Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $60M — up 5.7% from $56.7M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PFXF positions and 6 closed out — a net gain of 1 holder — while 28 added to existing stakes and 16 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $2.74M. The largest seller was Apriem Advisors, cutting an estimated $4.09M.

  • 62 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $60M of VanEck Preferred Securities ex Financials ETF stock for Q3 2017, up 5.7% quarter-over-quarter.
  • 7 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2017 and 6 closed out, a net change of +1 holder.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2017 was Royal Bank of Canada, an estimated $2.74M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2017 was Apriem Advisors, an estimated $4.09M sold.

Based on aggregated 13F filings for Q3 2017.