VanEck Preferred Securities ex Financials ETF
PFXF
140 hedge funds and large institutions have $193M invested in VanEck Preferred Securities ex Financials ETF in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 48 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more capital invested
Capital invested by funds: $177M → $193M (+$16.4M)
9% more funds holding
Funds holding: 129 → 140 (+11)
2.33% more ownership
Funds ownership: 18.94% → 21.27% (+2.3%)
10% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TWM
Tanager Wealth Management
Goring On Thames,
United Kingdom
|
+$10.1M |
| 2 |
PA
Procyon Advisors
Shelton,
Connecticut
|
+$6.2M |
| 3 |
CBB
Citizens Business Bank
Ontario,
California
|
+$3.46M |
| 4 |
RCI
RS Crum Inc
Newport Beach,
California
|
+$3.3M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.78M |
| 2 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$4.65M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.26M |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$1.95M |
| 5 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$1.65M |
PFXF Hedge Fund Activity: Q4 2022 in Review
140 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2022, worth a combined $193M — up 9.3% from $177M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PFXF positions and 14 closed out — a net gain of 12 holders — while 43 added to existing stakes and 48 trimmed.
The largest buyer was Tanager Wealth Management, adding an estimated $10.1M. The largest seller was UBS Group, cutting an estimated $6.78M.
- 140 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2022, up from 129 in Q3 2022.
- Funds reported $193M of VanEck Preferred Securities ex Financials ETF stock for Q4 2022, up 9.3% quarter-over-quarter.
- 26 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2022 and 14 closed out, a net change of +12 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2022 was Tanager Wealth Management, an estimated $10.1M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2022 was UBS Group, an estimated $6.78M sold.
Based on aggregated 13F filings for Q4 2022.