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VanEck Preferred Securities ex Financials ETF

183 hedge funds and large institutions have $470M invested in VanEck Preferred Securities ex Financials ETF in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 67 increasing their positions, 57 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 57

1.98% less ownership

Funds ownership: 28.17%26.19% (-2%)

4% less funds holding

Funds holding: 190183 (-7)

10% less capital invested

Capital invested by funds: $521M → $470M (-$51.4M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

25% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 28

Holders
183
Holders Change
-7
Holders Change %
-3.68%
% of All Funds
2.41%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
21
Increased
67
Reduced
57
Closed
28
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$51.9M -$6.46M -388,929 -11%
Morgan Stanley
2
Morgan Stanley
New York
$44.1M -$1.47M -88,354 -3%
LPL Financial
3
LPL Financial
California
$41M -$1.02M -61,200 -2%
Raymond James Financial
4
Raymond James Financial
Florida
$29.2M -$7.91M -476,376 -22%
Wells Fargo
5
Wells Fargo
California
$26.8M -$2.3M -138,340 -8%
SOWBOCOPL
6
State of Wisconsin - Board of Commissioners of Public Lands
Wisconsin
$26.1M
MML Investors Services
7
MML Investors Services
Massachusetts
$20.3M +$925K +55,727 +5%
TWM
8
Tanager Wealth Management
United Kingdom
$19.6M -$982K -59,193 -5%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$8.57M -$1.31M -79,015 -14%
GSWA
10
Good Steward Wealth Advisors
Tennessee
$8.54M +$4.65M +280,033 +128%
CCP
11
Carmel Capital Partners
California
$8.47M +$589K +35,518 +8%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$8.37M +$144K +8,674 +2%
Ameriprise
13
Ameriprise
Minnesota
$7.48M -$7.27M -438,037 -50%
LFAS
14
Level Four Advisory Services
Texas
$6.61M -$128K -7,732 -2%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$5.56M -$1.21M -73,016 -18%
CIA
16
Concurrent Investment Advisors
Florida
$5.46M -$6.22K -375 -0.1%
PAS
17
Park Avenue Securities
New York
$5.33M +$5.17M +311,261 New
SIS
18
Sound Income Strategies
Florida
$5.19M -$135K -8,151 -3%
SCI
19
Silver Coast Investments
United States
$4.94M +$66.3K +3,996 +1%
SPIA
20
Steward Partners Investment Advisory
New York
$4.76M +$15.7K +946 +0.3%
Osaic Holdings
21
Osaic Holdings
Arizona
$4.74M +$137K +8,263 +3%
LAM
22
L2 Asset Management
Massachusetts
$4.57M +$57.2K +3,449 +1%
IRC
23
Investors Research Corp
Georgia
$4M +$415K +24,988 +12%
Stifel Financial
24
Stifel Financial
Missouri
$3.81M -$2.47M -148,624 -40%
WAP
25
Wealthcare Advisory Partners
Pennsylvania
$3.67M +$347K +20,935 +11%

PFXF Hedge Fund Activity: Q2 2025 in Review

183 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q2 2025, worth a combined $470M — down 9.9% from $521M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PFXF and 21 opened new positions — a net loss of 7 holders — while 57 trimmed existing stakes and 67 added.

The largest buyer was Park Avenue Securities, opening a new position worth an estimated $5.17M. The largest seller was Comprehensive Wealth Management, exiting entirely with an estimated $35.8M sold.

  • 183 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q2 2025, down from 190 in Q1 2025.
  • Funds reported $470M of VanEck Preferred Securities ex Financials ETF stock for Q2 2025, down 9.9% quarter-over-quarter.
  • 21 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q2 2025 and 28 closed out, a net change of -7 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q2 2025 was Park Avenue Securities, an estimated $5.17M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q2 2025 was Comprehensive Wealth Management, an estimated $35.8M sold.

Based on aggregated 13F filings for Q2 2025.