PGIM Ultra Short Bond ETF
PULS
38 hedge funds and large institutions have $585M invested in PGIM Ultra Short Bond ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 8 closing their positions.
2% more capital invested
Capital invested by funds: $573M → $585M (+$11.2M)
0.9% less ownership
Funds ownership: 62.7% → 61.8% (-0.9%)
10% less funds holding
Funds holding: 42 → 38 (-4)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$24.7M |
| 2 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
+$7.82M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.95M |
| 4 |
HFM
Hartford Financial Management
Hartford,
Connecticut
|
+$4.37M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$16.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.75M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.24M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.11M |
| 5 |
Morgan Stanley
New York
|
-$4.29M |
PULS Hedge Fund Activity: Q2 2020 in Review
38 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q2 2020, worth a combined $585M — up 2% from $573M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PULS and 4 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Prudential Financial, adding an estimated $24.7M. The largest seller was Beacon Pointe Advisors, cutting an estimated $16.6M.
- 38 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q2 2020, down from 42 in Q1 2020.
- Funds reported $585M of PGIM Ultra Short Bond ETF stock for Q2 2020, up 2% quarter-over-quarter.
- 4 funds opened new PGIM Ultra Short Bond ETF positions in Q2 2020 and 8 closed out, a net change of -4 holders.
- The largest PGIM Ultra Short Bond ETF buyer in Q2 2020 was Prudential Financial, an estimated $24.7M added.
- The largest PGIM Ultra Short Bond ETF seller in Q2 2020 was Beacon Pointe Advisors, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2020.