VanEck Preferred Securities ex Financials ETF
PFXF
78 hedge funds and large institutions have $70.8M invested in VanEck Preferred Securities ex Financials ETF in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 30 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
3% more funds holding
Funds holding: 76 → 78 (+2)
1.66% less ownership
Funds ownership: 13.07% → 11.42% (-1.7%)
5% less capital invested
Capital invested by funds: $74.5M → $70.8M (-$3.76M)
30% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.41M |
| 2 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$1.06M |
| 3 |
LPL Financial
San Diego,
California
|
+$785K |
| 4 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
+$708K |
| 5 |
Morgan Stanley
New York
|
+$659K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$5.88M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.25M |
| 3 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$1.09M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$546K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$425K |
PFXF Hedge Fund Activity: Q2 2019 in Review
78 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2019, worth a combined $70.8M — down 5% from $74.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFXF positions and 8 closed out — a net gain of 5 holders — while 21 added to existing stakes and 30 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $1.41M. The largest seller was Texas Yale Capital Corp, cutting an estimated $5.88M.
- 78 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2019, up from 76 in Q1 2019.
- Funds reported $70.8M of VanEck Preferred Securities ex Financials ETF stock for Q2 2019, down 5% quarter-over-quarter.
- 13 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2019 and 8 closed out, a net change of +5 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2019 was Mirae Asset Global Investments, an estimated $1.41M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2019 was Texas Yale Capital Corp, an estimated $5.88M sold.
Based on aggregated 13F filings for Q2 2019.