PGIM Ultra Short Bond ETF
PULS
234 hedge funds and large institutions have $4.18B invested in PGIM Ultra Short Bond ETF in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 92 increasing their positions, 68 reducing their positions, and 26 closing their positions.
119% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 26
43% more funds holding in top 10
Funds holding in top 10: 14 → 20 (+6)
35% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 68
19% more capital invested
Capital invested by funds: $3.5B → $4.18B (+$675M)
15% more funds holding
Funds holding: 203 → 234 (+31)
1.36% more ownership
Funds ownership: 74.77% → 76.13% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$379M |
| 2 |
Morgan Stanley
New York
|
+$74.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$41.8M |
| 4 |
JP Morgan Chase
New York
|
+$40.9M |
| 5 |
LPL Financial
San Diego,
California
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$35M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$29.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$27.3M |
| 4 |
Jane Street
New York
|
-$20.7M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$15.1M |
PULS Hedge Fund Activity: Q3 2023 in Review
234 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in PGIM Ultra Short Bond ETF (PULS) for Q3 2023, worth a combined $4.18B — up 19% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PULS positions and 26 closed out — a net gain of 31 holders — while 92 added to existing stakes and 68 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $379M. The largest seller was Bank of America, cutting an estimated $35M.
- 234 institutional investors held PGIM Ultra Short Bond ETF (PULS) as of Q3 2023, up from 203 in Q2 2023.
- Funds reported $4.18B of PGIM Ultra Short Bond ETF stock for Q3 2023, up 19% quarter-over-quarter.
- 57 funds opened new PGIM Ultra Short Bond ETF positions in Q3 2023 and 26 closed out, a net change of +31 holders.
- The largest PGIM Ultra Short Bond ETF buyer in Q3 2023 was Fidelity Investments, an estimated $379M added.
- The largest PGIM Ultra Short Bond ETF seller in Q3 2023 was Bank of America, an estimated $35M sold.
Based on aggregated 13F filings for Q3 2023.