VanEck Preferred Securities ex Financials ETF
PFXF
210 hedge funds and large institutions have $587M invested in VanEck Preferred Securities ex Financials ETF in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 88 increasing their positions, 59 reducing their positions, and 12 closing their positions.
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
49% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 59
12% more capital invested
Capital invested by funds: $523M → $587M (+$64.6M)
10% more funds holding
Funds holding: 191 → 210 (+19)
1.95% more ownership
Funds ownership: 27.04% → 28.99% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$8.95M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.18M |
| 3 |
AC
Apella Capital
West Hartford,
Connecticut
|
+$4.51M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.12M |
| 5 |
TWM
Tanager Wealth Management
Goring On Thames,
United Kingdom
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$2.04M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$1.65M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 4 |
Morgan Stanley
New York
|
-$689K |
| 5 |
Renaissance Technologies
New York
|
-$631K |
PFXF Hedge Fund Activity: Q4 2025 in Review
210 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2025, worth a combined $587M — up 12% from $523M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PFXF positions and 12 closed out — a net gain of 19 holders — while 88 added to existing stakes and 59 trimmed.
The largest buyer was Bank of America, adding an estimated $8.95M. The largest seller was Ocean Park Asset Management, cutting an estimated $2.04M.
- 210 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2025, up from 191 in Q3 2025.
- Funds reported $587M of VanEck Preferred Securities ex Financials ETF stock for Q4 2025, up 12% quarter-over-quarter.
- 31 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2025 and 12 closed out, a net change of +19 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2025 was Bank of America, an estimated $8.95M added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2025 was Ocean Park Asset Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q4 2025.