VanEck Preferred Securities ex Financials ETF
PFXF
174 hedge funds and large institutions have $480M invested in VanEck Preferred Securities ex Financials ETF in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 80 increasing their positions, 38 reducing their positions, and 16 closing their positions.
135% more call options, than puts
Call options by funds: $853K | Put options by funds: $363K
111% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 38
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
5% more capital invested
Capital invested by funds: $455M → $480M (+$24.3M)
4% more funds holding
Funds holding: 168 → 174 (+6)
3.01% less ownership
Funds ownership: 32.95% → 29.93% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$30.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.83M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.43M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.48M |
| 5 |
TWM
Tanager Wealth Management
Goring On Thames,
United Kingdom
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$41.1M |
| 2 |
MWM
MY Wealth Management
Germantown,
Maryland
|
-$12.1M |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$1.35M |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$996K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$694K |
PFXF Hedge Fund Activity: Q1 2024 in Review
174 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q1 2024, worth a combined $480M — up 5.3% from $455M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PFXF positions and 16 closed out — a net gain of 7 holders — while 80 added to existing stakes and 38 trimmed.
The largest buyer was Bank of America, adding an estimated $30.6M. The largest seller was Morgan Stanley, cutting an estimated $41.1M.
- 174 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q1 2024, up from 168 in Q4 2023.
- Funds reported $480M of VanEck Preferred Securities ex Financials ETF stock for Q1 2024, up 5.3% quarter-over-quarter.
- 23 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q1 2024 and 16 closed out, a net change of +7 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q1 2024 was Bank of America, an estimated $30.6M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q1 2024 was Morgan Stanley, an estimated $41.1M sold.
Based on aggregated 13F filings for Q1 2024.