Global X SuperIncome Preferred ETF
SPFF
33 hedge funds and large institutions have $30.8M invested in Global X SuperIncome Preferred ETF in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 6 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
6% less funds holding
Funds holding: 35 → 33 (-2)
23.44% less ownership
Funds ownership: 34.66% → 11.22% (-23%)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
68% less capital invested
Capital invested by funds: $97M → $30.8M (-$66.2M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.61M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.52M |
| 3 |
Morgan Stanley
New York
|
+$1.22M |
| 4 |
LPL Financial
San Diego,
California
|
+$574K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$41.5M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$20.1M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$8.48M |
| 4 |
IPC
Independent Portfolio Consultants
Boca Raton,
Florida
|
-$1.38M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$651K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $29K | – | – | – |
|
|
CFN
27
Cordasco Financial Network
Naples,
Florida
| $29K | – | – | – |
|
|
JWA
28
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $26K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $19K | +$19.1K | +1,322 | New |
|
|
QAM
30
QCI Asset Management
Pittsford,
New York
| $14K | – | – | – |
|
|
GWM
31
Gupta Wealth Management
San Diego,
California
| $7K | -$8.77K | -607 | -57% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | – | – | – |
|
|
ACM
33
Aviance Capital Management
Sarasota,
Florida
| – | -$41.5M | -2,826,742 | Closed |
|
|
MMA
34
Miracle Mile Advisors
Los Angeles,
California
| – | -$20.1M | -1,374,727 | Closed |
|
|
JCM
35
Janney Capital Management
Pittsburgh,
Pennsylvania
| – | -$8.48M | -578,334 | Closed |
|
|
IPC
36
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$1.38M | -93,917 | Closed |
|
|
RIA
37
Regal Investment Advisors
Kentwood,
Michigan
| – | -$15K | -1,056 | Closed |
|
38
Creative Planning
Overland Park,
Kansas
| – | -$1K | -100 | Closed |
|
SPFF Hedge Fund Activity: Q2 2015 in Review
33 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Global X SuperIncome Preferred ETF (SPFF) for Q2 2015, worth a combined $30.8M — down 68% from $97M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPFF and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Jane Street, adding an estimated $2.61M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $41.5M sold.
- 33 institutional investors held Global X SuperIncome Preferred ETF (SPFF) as of Q2 2015, down from 35 in Q1 2015.
- Funds reported $30.8M of Global X SuperIncome Preferred ETF stock for Q2 2015, down 68% quarter-over-quarter.
- 4 funds opened new Global X SuperIncome Preferred ETF positions in Q2 2015 and 6 closed out, a net change of -2 holders.
- The largest Global X SuperIncome Preferred ETF buyer in Q2 2015 was Jane Street, an estimated $2.61M added.
- The largest Global X SuperIncome Preferred ETF seller in Q2 2015 was Aviance Capital Management, an estimated $41.5M sold.
Based on aggregated 13F filings for Q2 2015.