Vault-13

GLOBAL X FDS PFFV

RATE PREFERRED · ETP · CUSIP 37954Y376

71 institutional holders +3 vs Q1 2025
5,580,8615.6m shares reported held*
$127.3mreported value*
13 new 28 added 18 reduced 11 sold out net bought ≈ $15.9m (+697.6k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.80.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 56Q4 22: 60Q1 23: 60Q2 23: 58Q3 23: 52Q4 23: 61Q1 24: 62Q2 24: 65Q3 24: 62Q4 24: 60Q1 25: 68Q2 25: 7171Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202256
Q4 202260
Q1 202360
Q2 202358
Q3 202352
Q4 202361
Q1 202462
Q2 202465
Q3 202462
Q4 202460
Q1 202568
Q2 202571

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 23: 20 bought or addedQ3 23: 34 cut or sold outQ4 23: 31 bought or addedQ4 23: 29 cut or sold outQ4 23Q1 24: 30 bought or addedQ1 24: 32 cut or sold outQ2 24: 29 bought or addedQ2 24: 25 cut or sold outQ2 24Q3 24: 33 bought or addedQ3 24: 27 cut or sold outQ4 24: 31 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 41 bought or addedQ1 25: 20 cut or sold outQ2 25: 41 bought or addedQ2 25: 29 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232034
Q4 20233129
Q1 20243032
Q2 20242925
Q3 20243327
Q4 20243127
Q1 20254120
Q2 20254129

Biggest buyers

MORGAN STANLEY Added +385,607+385.6k
CW Advisors, LLC Added +107,817+107.8k
Janney Montgomery Scott LLC Added +96,835+96.8k
Rockefeller Capital Management L.P. Added +84,789+84.8k
LPL Financial LLC Added +49,793+49.8k
Gotham Asset Management, LLC Added +37,005+37.0k
Farther Finance Advisors, LLC New +34,100+34.1k
INTEGRAL INVESTMENT ADVISORS, INC. Added +30,129+30.1k
Investment Partners Asset Management, Inc. Added +24,954+25.0k
JPMORGAN CHASE & CO New +17,806+17.8k

Biggest sellers

AXS Investments LLC Reduced -60,713-60.7k
Cambridge Investment Research Advisors, Inc. Reduced -55,808-55.8k
Ausdal Financial Partners, Inc. Reduced -42,267-42.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -16,968-17.0k
CITADEL ADVISORS LLC Sold out -16,316-16.3k
SFI Advisors, LLC Sold out -12,519-12.5k
STIFEL FINANCIAL CORP Sold out -11,779-11.8k
FLC Capital Advisors Reduced -10,354-10.4k
Texas Yale Capital Corp. Reduced -9,200-9.2k
Apollon Wealth Management, LLC Sold out -8,490-8.5k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,831,0581.8m $41.7m $41.7m 0.00% Added +385.6k +385,607
2 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 272,685272.7k $6.2m $6.2m 0.02% Added +96.8k +96,835
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 257,112257.1k $5.9m $5.9m 0.00% Added +16.7k +16,712
4 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 239,531239.5k $5.5m $5.5m 0.02% Reduced -55.8k -55,808
5 Ironsides Asset Advisors, LLC 1.51% of their portfolio ROCKY MOUNT, NC 227,653227.7k $5.2m $5.2m 1.51% Added +103 +103
6 Bedel Financial Consulting, Inc. 0.70% of their portfolio INDIANAPOLIS, IN 226,094226.1k $5.2m $5.2m 0.70% Reduced -565 -565
7 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 220,468220.5k $5.0m $5.0m 0.00% Added +2.4k +2,440
8 AXS Investments LLC 1.99% of their portfolio PORT CHESTER, NY 212,737212.7k $4.9m $4.9m 1.99% Reduced -60.7k -60,713
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 193,788193.8k $4.4m $4.4m 0.00% Added +49.8k +49,793
10 Investment Partners Asset Management, Inc. 3.04% of their portfolio METUCHEN, NJ 191,816191.8k $4.4m $4.4m 3.04% Added +25.0k +24,954
11 Leslie Global Wealth, LLC 2.00% of their portfolio Itasca, IL 164,364164.4k $3.7m $3.7m 2.00% Added +10.2k +10,153
12 CW Advisors, LLC 0.04% of their portfolio BOSTON, MA 162,187162.2k $3.7m $3.7m 0.04% Added +107.8k +107,817
13 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 160,598160.6k $3.7m $3.7m 0.00% Added +84.8k +84,789
14 Trajan Wealth LLC 0.11% of their portfolio SCOTTSDALE, AZ 96,82596.8k $2.2m $2.2m 0.11% Reduced -5.9k -5,935
15 Princeton Global Asset Management LLC 0.39% of their portfolio PRINCETON, NJ 94,63894.6k $2.2m $2.2m 0.39% Added +915 +915
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 82,32682.3k $1.9m $1.9m 0.00% Reduced -1.0k -1,017
17 INTEGRAL INVESTMENT ADVISORS, INC. 0.52% of their portfolio TURLOCK, CA 80,68680.7k $1.8m $1.8m 0.52% Added +30.1k +30,129
18 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 78,67778.7k $1.8m $1.8m 0.01% Added +37.0k +37,005
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 60,55360.6k $1.4m $1.4m 0.00% Added +880 +880
20 Comprehensive Money Management Services LLC 1.03% of their portfolio CORAL GABLES, FL 59,46359.5k $1.4m $1.4m 1.03% Reduced -2.4k -2,350
21 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 47,95348.0k $1.1m $1.1m 0.00% Reduced -183 -183
22 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 34,10034.1k $777.5k $777.5k 0.02% New
23 SBI Securities Co., Ltd. 0.02% of their portfolio TOKYO, M0 33,48233.5k $763.4k $763.4k 0.02% Added +10.2k +10,238
24 COMERICA BANK 0.00% of their portfolio DALLAS, TX 32,76432.8k $747.0k $747.0k 0.00% Added +549 +549
25 Seed Wealth Management, Inc. 0.52% of their portfolio EVANSTON, IL 30,70030.7k $700.0k $700.0k 0.52% Reduced -2.7k -2,725
26 WEST MICHIGAN ADVISORS, LLC 0.18% of their portfolio HOLLAND, MI 28,32528.3k $645.8k $645.8k 0.18% Added +3.4k +3,360
27 NAPA WEALTH MANAGEMENT 0.31% of their portfolio Napa, CA 28,05528.1k $639.7k $639.7k 0.31% Reduced -586 -586
28 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 27,15227.2k $619.1k $619.1k 0.00% Added +2.8k +2,818
29 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 25,85725.9k $589.6k $589.6k 0.01% Reduced -66 -66
30 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 24,32424.3k $554.6k $554.6k 0.01% Added +8.7k +8,668
31 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 24,07824.1k $549.0k $549.0k 0.01% Reduced -5.5k -5,455
32 BEACON FINANCIAL GROUP 0.05% of their portfolio DALLAS, TX 21,62321.6k $493.0k $493.0k 0.05% Added +3 +3
33 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 19,54519.5k $445.6k $445.6k 0.00% Added +6.3k +6,345
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,80617.8k $406.0k $406.0k 0.00% New
35 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 17,06517.1k $389.1k $389.1k 0.00% Unchanged
36 Strategic Wealth Partners, Ltd. 0.03% of their portfolio INDEPENDENCE, OH 16,69616.7k $380.7k $380.7k 0.03% First filing
37 DIVERSIFY WEALTH MANAGEMENT, LLC 0.02% of their portfolio SANDY, UT 15,94415.9k $367.3k $367.3k 0.02% New
38 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 15,15615.2k $345.6k $345.6k 0.02% Reduced -42.3k -42,267
39 HOWARD WEALTH MANAGEMENT, LLC 0.16% of their portfolio Madison, CT 14,22714.2k $324.4k $324.4k 0.16% Added +1.1k +1,144
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 13,95914.0k $318.3k $318.3k 0.00% Added +500 +500
41 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 13,53213.5k $308.5k $308.5k 0.01% Unchanged
42 Joseph P. Lucia & Associates, LLC 0.12% of their portfolio Yorktown Heights, NY 12,81912.8k $292.3k $292.3k 0.12% Reduced -500 -500
43 Paulson Wealth Management Inc. 0.08% of their portfolio West Palm Beach, FL 12,74612.7k $290.6k $290.6k 0.08% Unchanged
44 Acorn Wealth Advisors, LLC 0.11% of their portfolio Grand Blanc, MI 12,69112.7k $289.4k $289.4k 0.11% Reduced -152 -152
45 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 11,90011.9k $271.3k $271.3k 0.02% Unchanged
46 FLC Capital Advisors 0.05% of their portfolio PALM DESERT, CA 11,07511.1k $252.5k $252.5k 0.05% Reduced -10.4k -10,354
47 Texas Yale Capital Corp. 0.01% of their portfolio ST. PETERSBURG, FL 10,84310.8k $247.2k $247.2k 0.01% Reduced -9.2k -9,200
48 PUREfi Wealth, LLC 0.19% of their portfolio BOSTON, MA 10,57010.6k $241.0k $241.0k 0.19% Unchanged
49 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 10,52110.5k $239.9k $239.9k 0.00% Reduced -2.9k -2,945
50 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 10,47710.5k $238.9k $238.9k 0.02% Added +100 +100
51 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 10,43810.4k $238.0k $238.0k 0.00% Unchanged
52 SEGALL BRYANT & HAMILL, LLC 0.00% of their portfolio CHICAGO, IL 10,39010.4k $236.9k $236.9k 0.00% Reduced -2.0k -2,035
53 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 9,1439.1k $208.0k $208.0k 0.00% New
54 Firestone Capital Management 0.05% of their portfolio SOUTH MIAMI, FL 8,8598.9k $202.0k $202.0k 0.05% Added +27 +27
55 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 6,1356.1k $139.9k $139.9k 0.01% Added +26 +26
56 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,9044.9k $112.0k $112.0k 0.00% Unchanged
57 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 3,4003.4k $77.5k $77.5k 0.00% New
58 North Capital, Inc. 0.04% of their portfolio SALT LAKE CITY, UT 1,8921.9k $43.1k $43.1k 0.04% Added +34 +34
59 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1,7981.8k $41.0k $41.0k 0.00% New
60 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,2831.3k $29.2k $29.2k 0.00% New
61 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 828828 $18.9k $18.9k 0.00% Added +11 +11
62 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 600600 $13.7k $13.7k 0.00% Unchanged
63 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 500500 $11.0k $11.0k 0.00% New
64 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 484484 $11.0k $11.0k 0.00% Unchanged
65 Dunhill Financial, LLC 0.00% of their portfolio LONDON, X0 346346 $7.9k $7.9k 0.00% New
66 AlphaCore Capital LLC 0.00% of their portfolio LA JOLLA, CA 300300 $6.8k $6.8k 0.00% New
67 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 300300 $6.8k $6.8k 0.00% Unchanged
68 HOWE & RUSLING INC 0.00% of their portfolio ROCHESTER, NY 295295 $6.7k $6.7k 0.00% New
69 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 294294 $6.7k $6.7k 0.00% New
70 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 234234 $5.3k $5.3k 0.00% New
71 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged