Global X SuperIncome Preferred ETF
SPFF
50 hedge funds and large institutions have $36M invested in Global X SuperIncome Preferred ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 8 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
2.18% less ownership
Funds ownership: 20.8% → 18.62% (-2.2%)
4% less funds holding
Funds holding: 52 → 50 (-2)
13% less capital invested
Capital invested by funds: $41.6M → $36M (-$5.58M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $606K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.23M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$762K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$559K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$517K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$425K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$5.1M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$4.37M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$357K |
| 4 |
Jane Street
New York
|
-$116K |
| 5 |
IWA
IVC Wealth Advisors
Silverdale,
Pennsylvania
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAIM
51
International Assets Investment Management
Orlando,
Florida
| – | -$5.1M | -309,442 | Closed |
|
|
52
Mercer Global Advisors
Denver,
Colorado
| – | -$357K | -37,885 | Closed |
|
|
53
Jane Street
New York
| – | -$116K | -12,305 | Closed |
|
|
MCIA
54
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$103K | -10,321 | Closed |
|
55
Rockefeller Capital Management
New York
| – | -$79K | -8,450 | Closed |
|
|
HNWAG
56
High Net Worth Advisory Group
Naples,
Florida
| – | -$18.8K | -2,000 | Closed |
|
|
AWM
57
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$1.28K | -129 | Closed |
|
58
Fidelity Investments
Boston,
Massachusetts
| – | -$9 | -1 | Closed |
|
SPFF Hedge Fund Activity: Q1 2023 in Review
50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Global X SuperIncome Preferred ETF (SPFF) for Q1 2023, worth a combined $36M — down 13% from $41.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SPFF and 6 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $1.23M. The largest seller was International Assets Investment Management, exiting entirely with an estimated $5.1M sold.
- 50 institutional investors held Global X SuperIncome Preferred ETF (SPFF) as of Q1 2023, down from 52 in Q4 2022.
- Funds reported $36M of Global X SuperIncome Preferred ETF stock for Q1 2023, down 13% quarter-over-quarter.
- 6 funds opened new Global X SuperIncome Preferred ETF positions in Q1 2023 and 8 closed out, a net change of -2 holders.
- The largest Global X SuperIncome Preferred ETF buyer in Q1 2023 was Morgan Stanley, an estimated $1.23M added.
- The largest Global X SuperIncome Preferred ETF seller in Q1 2023 was International Assets Investment Management, an estimated $5.1M sold.
Based on aggregated 13F filings for Q1 2023.