PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
PRFD
10 hedge funds and large institutions have $68.5M invested in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
8% more capital invested
Capital invested by funds: $63.2M → $68.5M (+$5.32M)
7.82% less ownership
Funds ownership: 83.75% → 75.93% (-7.8%)
23% less funds holding
Funds holding: 13 → 10 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$14.4M |
| 2 |
LPL Financial
San Diego,
California
|
+$7.34M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$228K |
| 4 |
FSWA
Financial Synergies Wealth Advisors
Houston,
Texas
|
+$117K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$30.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.18M |
| 3 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$1.27M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.14M |
| 5 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$135K |
PRFD Hedge Fund Activity: Q1 2024 in Review
10 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (PRFD) for Q1 2024, worth a combined $68.5M — up 8.4% from $63.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PRFD and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Allianz Asset Management, adding an estimated $14.4M. The largest seller was Jane Street, cutting an estimated $13.7M.
- 10 institutional investors held PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (PRFD) as of Q1 2024, down from 13 in Q4 2023.
- Funds reported $68.5M of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock for Q1 2024, up 8.4% quarter-over-quarter.
- 2 funds opened new PIMCO Preferred and Capital Securities Active Exchange-Traded Fund positions in Q1 2024 and 5 closed out, a net change of -3 holders.
- The largest PIMCO Preferred and Capital Securities Active Exchange-Traded Fund buyer in Q1 2024 was Allianz Asset Management, an estimated $14.4M added.
- The largest PIMCO Preferred and Capital Securities Active Exchange-Traded Fund seller in Q1 2024 was Jane Street, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2024.