PGIM Ultra Short Bond ETF
PULS
203 hedge funds and large institutions have $3.5B invested in PGIM Ultra Short Bond ETF in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 74 increasing their positions, 71 reducing their positions, and 23 closing their positions.
74% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 23
9% more funds holding
Funds holding: 186 → 203 (+17)
9% more capital invested
Capital invested by funds: $3.23B → $3.5B (+$279M)
4% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 71
0.3% less ownership
Funds ownership: 75.07% → 74.77% (-0.3%)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$287M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$42.8M |
| 3 |
Jane Street
New York
|
+$18.4M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$16.8M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$33.2M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$29.3M |
| 3 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$18.6M |
| 4 |
Mariner
Overland Park,
Kansas
|
-$15.8M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$15.6M |
PULS Hedge Fund Activity: Q2 2023 in Review
203 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q2 2023, worth a combined $3.5B — up 8.7% from $3.23B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PULS positions and 23 closed out — a net gain of 17 holders — while 74 added to existing stakes and 71 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $287M. The largest seller was Envestnet Asset Management, cutting an estimated $33.2M.
- 203 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q2 2023, up from 186 in Q1 2023.
- Funds reported $3.5B of PGIM Ultra Short Bond ETF stock for Q2 2023, up 8.7% quarter-over-quarter.
- 40 funds opened new PGIM Ultra Short Bond ETF positions in Q2 2023 and 23 closed out, a net change of +17 holders.
- The largest PGIM Ultra Short Bond ETF buyer in Q2 2023 was JP Morgan Chase, an estimated $287M added.
- The largest PGIM Ultra Short Bond ETF seller in Q2 2023 was Envestnet Asset Management, an estimated $33.2M sold.
Based on aggregated 13F filings for Q2 2023.