Global X SuperIncome Preferred ETF
SPFF
36 hedge funds and large institutions have $52.7M invested in Global X SuperIncome Preferred ETF in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 7 closing their positions.
1.89% less ownership
Funds ownership: 28.45% → 26.56% (-1.9%)
8% less funds holding
Funds holding: 39 → 36 (-3)
12% less capital invested
Capital invested by funds: $59.9M → $52.7M (-$7.24M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.84M |
| 2 |
Jane Street
New York
|
+$661K |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$402K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$343K |
| 5 |
RMAM
Raab & Moskowitz Asset Management
Chatham,
New Jersey
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$7.36M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$2.09M |
| 3 |
Morgan Stanley
New York
|
-$362K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$247K |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$245K |
SPFF Hedge Fund Activity: Q1 2016 in Review
36 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Global X SuperIncome Preferred ETF (SPFF) for Q1 2016, worth a combined $52.7M — down 12% from $59.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SPFF and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.84M. The largest seller was Janney Capital Management, exiting entirely with an estimated $7.36M sold.
- 36 institutional investors held Global X SuperIncome Preferred ETF (SPFF) as of Q1 2016, down from 39 in Q4 2015.
- Funds reported $52.7M of Global X SuperIncome Preferred ETF stock for Q1 2016, down 12% quarter-over-quarter.
- 5 funds opened new Global X SuperIncome Preferred ETF positions in Q1 2016 and 7 closed out, a net change of -2 holders.
- The largest Global X SuperIncome Preferred ETF buyer in Q1 2016 was Royal Bank of Canada, an estimated $1.84M added.
- The largest Global X SuperIncome Preferred ETF seller in Q1 2016 was Janney Capital Management, an estimated $7.36M sold.
Based on aggregated 13F filings for Q1 2016.