VanEck Preferred Securities ex Financials ETF
PFXF
73 hedge funds and large institutions have $61.3M invested in VanEck Preferred Securities ex Financials ETF in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 14 increasing their positions, 27 reducing their positions, and 17 closing their positions.
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
1% more funds holding
Funds holding: 72 → 73 (+1)
2.07% less ownership
Funds ownership: 14.6% → 12.53% (-2.1%)
24% less capital invested
Capital invested by funds: $81M → $61.3M (-$19.7M)
48% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$913K |
| 2 |
Morgan Stanley
New York
|
+$754K |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$742K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$630K |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$4.64M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.5M |
| 3 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$1.61M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.29M |
| 5 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$1.24M |
PFXF Hedge Fund Activity: Q4 2018 in Review
73 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2018, worth a combined $61.3M — down 24% from $81M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PFXF positions and 17 closed out — a net gain of 3 holders — while 14 added to existing stakes and 27 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $913K. The largest seller was Newfound Research, exiting entirely with an estimated $4.64M sold.
- 73 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2018, up from 72 in Q3 2018.
- Funds reported $61.3M of VanEck Preferred Securities ex Financials ETF stock for Q4 2018, down 24% quarter-over-quarter.
- 20 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2018 and 17 closed out, a net change of +3 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2018 was Royal Bank of Canada, an estimated $913K added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2018 was Newfound Research, an estimated $4.64M sold.
Based on aggregated 13F filings for Q4 2018.