PGIM Ultra Short Bond ETF
PULS
42 hedge funds and large institutions have $573M invested in PGIM Ultra Short Bond ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
18% more capital invested
Capital invested by funds: $487M → $573M (+$86.2M)
5% more funds holding
Funds holding: 40 → 42 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 63.11% → 62.7% (-0.41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$93.2M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$17.4M |
| 3 |
Jane Street
New York
|
+$12.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$11.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$14.2M |
| 3 |
PA
Prism Advisors
Studio City,
California
|
-$4.6M |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$3.33M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.7M |
PULS Hedge Fund Activity: Q1 2020 in Review
42 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q1 2020, worth a combined $573M — up 18% from $487M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PULS positions and 7 closed out — a net gain of 5 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $93.2M. The largest seller was Morgan Stanley, cutting an estimated $32.5M.
- 42 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q1 2020, up from 40 in Q4 2019.
- Funds reported $573M of PGIM Ultra Short Bond ETF stock for Q1 2020, up 18% quarter-over-quarter.
- 12 funds opened new PGIM Ultra Short Bond ETF positions in Q1 2020 and 7 closed out, a net change of +5 holders.
- The largest PGIM Ultra Short Bond ETF buyer in Q1 2020 was Bank of America, an estimated $93.2M added.
- The largest PGIM Ultra Short Bond ETF seller in Q1 2020 was Morgan Stanley, an estimated $32.5M sold.
Based on aggregated 13F filings for Q1 2020.