PGIM Ultra Short Bond ETF
PULS
186 hedge funds and large institutions have $3.23B invested in PGIM Ultra Short Bond ETF in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 72 increasing their positions, 66 reducing their positions, and 22 closing their positions.
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
12% more capital invested
Capital invested by funds: $2.88B → $3.23B (+$343M)
4% more funds holding
Funds holding: 178 → 186 (+8)
9% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 66
0.32% more ownership
Funds ownership: 74.76% → 75.07% (+0.32%)
16% less funds holding in top 10
Funds holding in top 10: 19 → 16 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$391M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$51.9M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$44.6M |
| 4 |
SGI
Summit Global Investments
Bountiful,
Utah
|
+$27M |
| 5 |
Renaissance Technologies
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$58.6M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$44.6M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$44.3M |
| 4 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$28.8M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$20.6M |
PULS Hedge Fund Activity: Q1 2023 in Review
186 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q1 2023, worth a combined $3.23B — up 12% from $2.88B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PULS positions and 22 closed out — a net gain of 11 holders — while 72 added to existing stakes and 66 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $391M. The largest seller was Bank of America, cutting an estimated $58.6M.
- 186 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q1 2023, up from 178 in Q4 2022.
- Funds reported $3.23B of PGIM Ultra Short Bond ETF stock for Q1 2023, up 12% quarter-over-quarter.
- 33 funds opened new PGIM Ultra Short Bond ETF positions in Q1 2023 and 22 closed out, a net change of +11 holders.
- The largest PGIM Ultra Short Bond ETF buyer in Q1 2023 was JP Morgan Chase, an estimated $391M added.
- The largest PGIM Ultra Short Bond ETF seller in Q1 2023 was Bank of America, an estimated $58.6M sold.
Based on aggregated 13F filings for Q1 2023.