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VanEck Preferred Securities ex Financials ETF

149 hedge funds and large institutions have $375M invested in VanEck Preferred Securities ex Financials ETF in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 39 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 39

53% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 15

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

19% more capital invested

Capital invested by funds: $314M → $375M (+$60.6M)

4% more funds holding

Funds holding: 143149 (+6)

2.04% more ownership

Funds ownership: 27.46%29.5% (+2%)

Holders
149
Holders Change
+6
Holders Change %
+4.2%
% of All Funds
2.36%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
23
Increased
60
Reduced
39
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$31.3M +$7.69M +446,812 +32%
Bank of America
2
Bank of America
North Carolina
$29.6M +$14.4M +833,620 +90%
SOWBOCOPL
3
State of Wisconsin - Board of Commissioners of Public Lands
Wisconsin
$25.6M
LPL Financial
4
LPL Financial
California
$22.7M +$1.29M +75,101 +6%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$20.1M +$6.29M +365,180 +44%
RCI
6
RS Crum Inc
California
$19M +$15.5M +900,627 +389%
PA
7
Procyon Advisors
Connecticut
$16.5M +$4.99M +289,809 +42%
TWM
8
Tanager Wealth Management
United Kingdom
$16.1M +$1.7M +98,697 +12%
MWM
9
MY Wealth Management
Maryland
$15.9M -$322K -18,699 -2%
Ameriprise
10
Ameriprise
Minnesota
$14.9M +$9.09M +527,720 +119%
Wells Fargo
11
Wells Fargo
California
$13.8M -$124K -7,186 -0.9%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$12.8M +$5.96M +346,324 +84%
Osaic Holdings
13
Osaic Holdings
Arizona
$11.7M +$4.34M +252,186 +57%
RJA
14
Raymond James & Associates
Florida
$7.5M +$5.37M +311,634 +232%
MML Investors Services
15
MML Investors Services
Massachusetts
$7.41M +$1.62M +93,865 +27%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$5.95M +$465K +26,980 +8%
LFAS
17
Level Four Advisory Services
Texas
$5.36M +$142K +8,241 +3%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$5.23M +$215K +12,499 +4%
PAG
19
Private Advisor Group
New Jersey
$4.27M +$1.23M +71,604 +39%
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$4.14M +$658K +38,224 +18%
Sumitomo Mitsui Trust Group
21
Sumitomo Mitsui Trust Group
Japan
$4.11M -$251K -14,607 -6%
KAS
22
Kestra Advisory Services
Texas
$4.03M +$869K +50,448 +27%
SIS
23
Sound Income Strategies
Florida
$3.81M +$212K +12,288 +6%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$3.63M +$229K +13,319 +7%
PAS
25
Park Avenue Securities
New York
$3.49M +$894K +51,900 +33%

PFXF Hedge Fund Activity: Q3 2023 in Review

149 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2023, worth a combined $375M — up 19% from $314M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PFXF positions and 15 closed out — a net gain of 8 holders — while 60 added to existing stakes and 39 trimmed.

The largest buyer was RS Crum Inc, adding an estimated $15.5M. The largest seller was Mid-American Wealth Advisory Group, cutting an estimated $6.24M.

  • 149 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2023, up from 143 in Q2 2023.
  • Funds reported $375M of VanEck Preferred Securities ex Financials ETF stock for Q3 2023, up 19% quarter-over-quarter.
  • 23 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2023 and 15 closed out, a net change of +8 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2023 was RS Crum Inc, an estimated $15.5M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2023 was Mid-American Wealth Advisory Group, an estimated $6.24M sold.

Based on aggregated 13F filings for Q3 2023.