PGIM Ultra Short Bond ETF
PULS
27 hedge funds and large institutions have $272M invested in PGIM Ultra Short Bond ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
71% more capital invested
Capital invested by funds: $159M → $272M (+$113M)
2.55% more ownership
Funds ownership: 64.88% → 67.43% (+2.6%)
4% less funds holding
Funds holding: 28 → 27 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$60.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$23.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$14.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.2M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$5.87M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.95M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$772K |
| 4 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$618K |
| 5 |
PPP
Private Portfolio Partners
Paramus,
New Jersey
|
-$454K |
PULS Hedge Fund Activity: Q2 2019 in Review
27 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q2 2019, worth a combined $272M — up 71% from $159M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PULS and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $60.3M. The largest seller was Advisory Resource Group, exiting entirely with an estimated $5.87M sold.
- 27 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q2 2019, down from 28 in Q1 2019.
- Funds reported $272M of PGIM Ultra Short Bond ETF stock for Q2 2019, up 71% quarter-over-quarter.
- 2 funds opened new PGIM Ultra Short Bond ETF positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest PGIM Ultra Short Bond ETF buyer in Q2 2019 was Morgan Stanley, an estimated $60.3M added.
- The largest PGIM Ultra Short Bond ETF seller in Q2 2019 was Advisory Resource Group, an estimated $5.87M sold.
Based on aggregated 13F filings for Q2 2019.