PGIM Ultra Short Bond ETF
PULS
50 hedge funds and large institutions have $742M invested in PGIM Ultra Short Bond ETF in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 9 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
15% more capital invested
Capital invested by funds: $644M → $742M (+$97.4M)
6% more funds holding
Funds holding: 47 → 50 (+3)
0.29% more ownership
Funds ownership: 60.38% → 60.67% (+0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$55.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$17.5M |
| 3 |
MWC
MBM Wealth Consultants
Chesterfield,
Missouri
|
+$8.2M |
| 4 |
FWM
Foresight Wealth Management
Draper,
Utah
|
+$7.01M |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$10.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.01M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.01M |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$904K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$822K |
PULS Hedge Fund Activity: Q4 2020 in Review
50 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q4 2020, worth a combined $742M — up 15% from $644M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PULS positions and 9 closed out — a net gain of 3 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was Orgel Wealth Management, opening a new position worth an estimated $55.7M. The largest seller was Flow Traders U.S., cutting an estimated $10.7M.
- 50 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q4 2020, up from 47 in Q3 2020.
- Funds reported $742M of PGIM Ultra Short Bond ETF stock for Q4 2020, up 15% quarter-over-quarter.
- 12 funds opened new PGIM Ultra Short Bond ETF positions in Q4 2020 and 9 closed out, a net change of +3 holders.
- The largest PGIM Ultra Short Bond ETF buyer in Q4 2020 was Orgel Wealth Management, an estimated $55.7M added.
- The largest PGIM Ultra Short Bond ETF seller in Q4 2020 was Flow Traders U.S., an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2020.