VanEck Preferred Securities ex Financials ETF
PFXF
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.
405% more capital inflows, than outflows
Capital inflows: $97.5M | Capital outflows: $19.3M
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: 4 → 6 (+2)
4% more funds holding
Funds holding: 143 → 149 (+6)
2.04% more ownership
Funds ownership: 27.46% → 29.5% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCI
RS Crum Inc
Newport Beach,
California
|
+$15.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.09M |
| 4 |
Morgan Stanley
New York
|
+$7.69M |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAWAG
Mid-American Wealth Advisory Group
Kansas City,
Missouri
|
-$6.24M |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
-$5.52M |
| 3 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$1.18M |
| 4 |
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$577K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$464K |
PFXF Hedge Fund Activity: Q3 2023 in Review
149 of the 6,315 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.