Global X SuperIncome Preferred ETF
SPFF
13 hedge funds and large institutions have $3.4M invested in Global X SuperIncome Preferred ETF in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 6 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
4% less capital invested
Capital invested by funds: $3.55M → $3.4M (-$152K)
3.37% less ownership
Funds ownership: 9.79% → 6.42% (-3.4%)
13% less funds holding
Funds holding: 15 → 13 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$313K |
| 2 |
PI
Placemark Investments
Chicago,
Illinois
|
+$297K |
| 3 |
LPL Financial
San Diego,
California
|
+$249K |
| 4 |
Morgan Stanley
New York
|
+$158K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$500K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$394K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$353K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$17.8K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$10K |
SPFF Hedge Fund Activity: Q3 2013 in Review
13 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Global X SuperIncome Preferred ETF (SPFF) for Q3 2013, worth a combined $3.4M — down 4.3% from $3.55M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPFF and 4 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $313K. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $500K sold.
- 13 institutional investors held Global X SuperIncome Preferred ETF (SPFF) as of Q3 2013, down from 15 in Q2 2013.
- Funds reported $3.4M of Global X SuperIncome Preferred ETF stock for Q3 2013, down 4.3% quarter-over-quarter.
- 4 funds opened new Global X SuperIncome Preferred ETF positions in Q3 2013 and 6 closed out, a net change of -2 holders.
- The largest Global X SuperIncome Preferred ETF buyer in Q3 2013 was Janney Montgomery Scott, an estimated $313K added.
- The largest Global X SuperIncome Preferred ETF seller in Q3 2013 was Bluefin Capital Management, an estimated $500K sold.
Based on aggregated 13F filings for Q3 2013.