PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
PRFD
40 hedge funds and large institutions have $171M invested in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund in 2025 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
29% more funds holding
Funds holding: 31 → 40 (+9)
9% less capital invested
Capital invested by funds: $188M → $171M (-$17.2M)
10.92% less ownership
Funds ownership: 95.7% → 84.79% (-11%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$4.02M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.67M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$1.31M |
| 5 |
LPL Financial
San Diego,
California
|
+$848K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
-$18.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$9.79M |
| 3 |
JP Morgan Chase
New York
|
-$705K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$485K |
| 5 |
AWA
A4 Wealth Advisors
Huntersville,
North Carolina
|
-$200K |
PRFD Hedge Fund Activity: Q4 2025 in Review
40 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (PRFD) for Q4 2025, worth a combined $171M — down 9.1% from $188M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PRFD positions and 2 closed out — a net gain of 9 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was OneDigital Investment Advisors, adding an estimated $4.02M. The largest seller was Allianz Investment Management US, exiting entirely with an estimated $18.6M sold.
- 40 institutional investors held PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (PRFD) as of Q4 2025, up from 31 in Q3 2025.
- Funds reported $171M of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock for Q4 2025, down 9.1% quarter-over-quarter.
- 11 funds opened new PIMCO Preferred and Capital Securities Active Exchange-Traded Fund positions in Q4 2025 and 2 closed out, a net change of +9 holders.
- The largest PIMCO Preferred and Capital Securities Active Exchange-Traded Fund buyer in Q4 2025 was OneDigital Investment Advisors, an estimated $4.02M added.
- The largest PIMCO Preferred and Capital Securities Active Exchange-Traded Fund seller in Q4 2025 was Allianz Investment Management US, an estimated $18.6M sold.
Based on aggregated 13F filings for Q4 2025.