PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
PRFD
13 hedge funds and large institutions have $63.2M invested in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
8% more funds holding
Funds holding: 12 → 13 (+1)
2.99% more ownership
Funds ownership: 80.76% → 83.75% (+3%)
20% less capital invested
Capital invested by funds: $78.9M → $63.2M (-$15.7M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$4.89M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.06M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.39M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$43M |
| 2 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$105K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$24.8K |
| 4 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
-$12K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$6.89K |
PRFD Hedge Fund Activity: Q4 2023 in Review
13 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (PRFD) for Q4 2023, worth a combined $63.2M — down 20% from $78.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PRFD positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $13M. The largest seller was Gradient Investments, cutting an estimated $43M.
- 13 institutional investors held PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (PRFD) as of Q4 2023, up from 12 in Q3 2023.
- Funds reported $63.2M of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock for Q4 2023, down 20% quarter-over-quarter.
- 3 funds opened new PIMCO Preferred and Capital Securities Active Exchange-Traded Fund positions in Q4 2023 and 2 closed out, a net change of +1 holder.
- The largest PIMCO Preferred and Capital Securities Active Exchange-Traded Fund buyer in Q4 2023 was Jane Street, an estimated $13M added.
- The largest PIMCO Preferred and Capital Securities Active Exchange-Traded Fund seller in Q4 2023 was Gradient Investments, an estimated $43M sold.
Based on aggregated 13F filings for Q4 2023.