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VanEck Preferred Securities ex Financials ETF

190 hedge funds and large institutions have $523M invested in VanEck Preferred Securities ex Financials ETF in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 82 increasing their positions, 45 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 45

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

11% more capital invested

Capital invested by funds: $470M → $523M (+$52.8M)

4% more funds holding

Funds holding: 183190 (+7)

0.84% more ownership

Funds ownership: 26.19%27.03% (+0.84%)

Holders
190
Holders Change
+7
Holders Change %
+3.83%
% of All Funds
2.49%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
27
Increased
82
Reduced
45
Closed
19
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
$73.6M +$19.6M +1,111,754 +37%
LPL Financial
2
LPL Financial
California
$48.5M +$5.9M +334,162 +14%
Morgan Stanley
3
Morgan Stanley
New York
$45.9M +$58.4K +3,304 +0.1%
Raymond James Financial
4
Raymond James Financial
Florida
$31.3M +$1.06M +59,762 +4%
Wells Fargo
5
Wells Fargo
California
$31.2M +$3.36M +190,124 +12%
SOWBOCOPL
6
State of Wisconsin - Board of Commissioners of Public Lands
Wisconsin
$27.1M
MML Investors Services
7
MML Investors Services
Massachusetts
$24.5M +$3.38M +191,509 +16%
TWM
8
Tanager Wealth Management
United Kingdom
$22.9M +$2.55M +144,310 +13%
GSWA
9
Good Steward Wealth Advisors
Tennessee
$10.4M +$1.5M +84,684 +17%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$9.62M +$722K +40,853 +8%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$8.69M +$5.74K +325 +0.1%
LFAS
12
Level Four Advisory Services
Texas
$7M +$141K +7,980 +2%
PAS
13
Park Avenue Securities
New York
$6.64M +$1.11M +62,551 +20%
CIA
14
Concurrent Investment Advisors
Florida
$5.92M +$258K +14,578 +5%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$5.73M -$38.7K -2,192 -0.7%
Osaic Holdings
16
Osaic Holdings
Arizona
$5.36M +$464K +26,277 +9%
SCI
17
Silver Coast Investments
United States
$5.07M -$54.7K -3,096 -1%
SIS
18
Sound Income Strategies
Florida
$5.03M -$389K -22,020 -7%
CCP
19
Carmel Capital Partners
California
$4.99M -$3.78M -214,213 -43%
SPIA
20
Steward Partners Investment Advisory
New York
$4.9M -$42.9K -2,431 -0.9%
IRC
21
Investors Research Corp
Georgia
$4.47M +$316K +17,867 +8%
WAP
22
Wealthcare Advisory Partners
Pennsylvania
$3.73M -$81.4K -4,610 -2%
UBS Group
23
UBS Group
Switzerland
$3.73M +$167K +9,455 +5%
Jones Financial Companies
24
Jones Financial Companies
Missouri
$3.68M +$341K +19,326 +10%
PAG
25
Private Advisor Group
New Jersey
$3.54M +$328K +18,539 +10%

PFXF Hedge Fund Activity: Q3 2025 in Review

190 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q3 2025, worth a combined $523M — up 11% from $470M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PFXF positions and 19 closed out — a net gain of 8 holders — while 82 added to existing stakes and 45 trimmed.

The largest buyer was Bank of America, adding an estimated $19.6M. The largest seller was L2 Asset Management, exiting entirely with an estimated $4.57M sold.

  • 190 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q3 2025, up from 183 in Q2 2025.
  • Funds reported $523M of VanEck Preferred Securities ex Financials ETF stock for Q3 2025, up 11% quarter-over-quarter.
  • 27 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q3 2025 and 19 closed out, a net change of +8 holders.
  • The largest VanEck Preferred Securities ex Financials ETF buyer in Q3 2025 was Bank of America, an estimated $19.6M added.
  • The largest VanEck Preferred Securities ex Financials ETF seller in Q3 2025 was L2 Asset Management, an estimated $4.57M sold.

Based on aggregated 13F filings for Q3 2025.