Global X SuperIncome Preferred ETF
SPFF
38 hedge funds and large institutions have $50.7M invested in Global X SuperIncome Preferred ETF in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
3% more funds holding
Funds holding: 37 → 38 (+1)
3% less capital invested
Capital invested by funds: $52.5M → $50.7M (-$1.76M)
2.66% less ownership
Funds ownership: 24.2% → 21.55% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.13M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$668K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$191K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.08M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.62M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$531K |
| 4 |
MLIC
Mandatum Life Insurance Company
Helsinki,
Finland
|
-$373K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $45K | +$31.1K | +2,280 | +218% |
|
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $42K | -$531K | -38,970 | -93% |
|
28
UBS Group
Zurich,
Switzerland
| $36K | +$36.3K | +2,661 | New |
|
29
Wells Fargo
San Francisco,
California
| $33K | +$32.7K | +2,400 | +9,231% |
|
|
BWP
30
Baldwin Wealth Partners
Marion,
Massachusetts
| $27K | – | – | – |
|
|
QAM
31
QCI Asset Management
Pittsford,
New York
| $27K | – | – | – |
|
32
JP Morgan Chase
New York
| $14K | -$5.44K | -399 | -27% |
|
33
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
|
GWM
34
Geneos Wealth Management
Englewood,
Colorado
| $8K | – | – | – |
|
35
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | -$5.45K | -400 | -50% |
|
|
PSUF
36
People's United Financial
Bridgeport,
Connecticut
| $3K | – | – | – |
|
|
CWM
37
Concert Wealth Management
San Jose,
California
| $1K | +$1.23K | +90 | New |
|
|
MLIC
38
Mandatum Life Insurance Company
Helsinki,
Finland
| – | -$373K | -27,531 | Closed |
|
|
FNBT
39
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$2K | -134 | Closed |
|
SPFF Hedge Fund Activity: Q3 2016 in Review
38 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Global X SuperIncome Preferred ETF (SPFF) for Q3 2016, worth a combined $50.7M — down 3.4% from $52.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPFF positions and 2 closed out — a net gain of 1 holder — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $1.17M. The largest seller was Morgan Stanley, cutting an estimated $2.08M.
- 38 institutional investors held Global X SuperIncome Preferred ETF (SPFF) as of Q3 2016, up from 37 in Q2 2016.
- Funds reported $50.7M of Global X SuperIncome Preferred ETF stock for Q3 2016, down 3.4% quarter-over-quarter.
- 3 funds opened new Global X SuperIncome Preferred ETF positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest Global X SuperIncome Preferred ETF buyer in Q3 2016 was Janney Montgomery Scott, an estimated $1.17M added.
- The largest Global X SuperIncome Preferred ETF seller in Q3 2016 was Morgan Stanley, an estimated $2.08M sold.
Based on aggregated 13F filings for Q3 2016.