Vault-13

GLOBAL X FDS PFFD

US PFD ETF · ETP · CUSIP 37954Y657

282 institutional holders -2 vs Q1 2026
65,145,00265.1m shares reported held*
$1.2bnreported value*
23 new 104 added 97 reduced 26 sold out net bought ≈ $6.8m (+362.2k 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 ($12.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.69. Options: 1 managers hold calls ($237.4k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 210Q4 22: 223Q1 23: 230Q2 23: 226Q3 23: 241Q4 23: 268Q1 24: 256Q2 24: 263Q3 24: 272Q4 24: 297Q1 25: 292Q2 25: 291Q3 25: 282Q4 25: 285Q1 26: 284Q2 26: 282282Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022210
Q4 2022223
Q1 2023230
Q2 2023226
Q3 2023241
Q4 2023268
Q1 2024256
Q2 2024263
Q3 2024272
Q4 2024297
Q1 2025292
Q2 2025291
Q3 2025282
Q4 2025285
Q1 2026284
Q2 2026282

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 154 bought or addedQ3 24: 94 cut or sold outQ4 24: 144 bought or addedQ4 24: 101 cut or sold outQ4 24Q1 25: 145 bought or addedQ1 25: 123 cut or sold outQ2 25: 132 bought or addedQ2 25: 133 cut or sold outQ2 25Q3 25: 131 bought or addedQ3 25: 118 cut or sold outQ4 25: 125 bought or addedQ4 25: 127 cut or sold outQ4 25Q1 26: 135 bought or addedQ1 26: 117 cut or sold outQ2 26: 127 bought or addedQ2 26: 123 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202415494
Q4 2024144101
Q1 2025145123
Q2 2025132133
Q3 2025131118
Q4 2025125127
Q1 2026135117
Q2 2026127123

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ3 25 calls: $227.3kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $228.8kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $237.4kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$227.3k$00.00
Q4 2025$228.8k$00.00
Q1 2026$0$0—
Q2 2026$237.4k$00.00

Biggest buyers

Modern Wealth Management, LLC New +1,087,805+1.1m
EXCHANGE TRADED CONCEPTS, LLC New +605,218+605.2k
Ocean Park Asset Management, LLC New +605,218+605.2k
ENVESTNET ASSET MANAGEMENT INC Added +272,858+272.9k
MML INVESTORS SERVICES, LLC Added +224,629+224.6k
Cetera Investment Advisers Added +218,249+218.2k
Columbus Macro, LLC Added +202,126+202.1k
SEI INVESTMENTS CO Added +152,267+152.3k
MAI Capital Management Added +134,405+134.4k
Merit Financial Group, LLC Added +131,636+131.6k

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,507,856-1.5m
Flaharty Asset Management, LLC Reduced -1,048,152-1.0m
MERCER GLOBAL ADVISORS INC /ADV Reduced -497,204-497.2k
BANK OF AMERICA CORP /DE/ Reduced -223,641-223.6k
Orgel Wealth Management, LLC Reduced -219,679-219.7k
LPL Financial LLC Reduced -210,132-210.1k
Independent Advisor Alliance Sold out -208,586-208.6k
Blue Edge Capital, LLC Sold out -201,465-201.5k
Global X Japan Co., Ltd. Reduced -134,535-134.5k
JANE STREET GROUP, LLC Sold out -119,936-119.9k

Biggest calls

CITADEL ADVISORS LLC New $237.4k12.7k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Orgel Wealth Management, LLC 2.42% of their portfolio ALTOONA, WI 6,826,1926.8m $127.6m $127.6m 2.42% Reduced -219.7k -219,679
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 5,082,2515.1m $95.0m $95.0m 0.01% Reduced -223.6k -223,641
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 3,399,9713.4m $63.5m $63.5m 0.01% Reduced -210.1k -210,132
4 Global X Japan Co., Ltd. 2.26% of their portfolio CHIYODA-KU, TOKYO, M0 3,283,5463.3m $61.4m $61.4m 2.26% Reduced -134.5k -134,535
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,797,2682.8m $52.3m $52.3m 0.00% Reduced -64.4k -64,448
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,526,8302.5m $47.2m $47.2m 0.01% Reduced -33.4k -33,411
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 2,522,4982.5m $47.1m $47.1m 0.01% Added +272.9k +272,858
8 Lido Advisors, LLC 0.12% of their portfolio Los Angeles, CA 1,726,1481.7m $32.3m $32.3m 0.12% Added +83.3k +83,265
9 FUKOKU MUTUAL LIFE INSURANCE Co 1.69% of their portfolio TOKYO, M0 1,551,0001.6m $29.0m $29.0m 1.69% Unchanged
10 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 1,472,6751.5m $27.5m $27.5m 0.03% Added +218.2k +218,249
11 New York Life Investment Management LLC 0.18% of their portfolio New York, NY 1,387,1551.4m $25.9m $25.9m 0.18% Added +61.6k +61,578
12 State of Wisconsin - Board of Commissioners of Public Lands 16.41% of their portfolio MADISON, WI 1,341,3051.3m $25.1m $25.1m 16.41% Unchanged
13 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 1,269,0101.3m $23.7m $23.7m 0.02% Added +152.3k +152,267
14 RATIONAL ADVISORS, INC. 2.16% of their portfolio San Juan, PR 1,262,4751.3m $23.6m $23.6m 2.16% Added +12.7k +12,655
15 Columbus Macro, LLC 2.04% of their portfolio NEW CASTLE, PA 1,121,5321.1m $21.0m $21.0m 2.04% Added +202.1k +202,126
16 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 1,106,3471.1m $20.7m $20.7m 0.01% Added +68.0k +68,006
17 Modern Wealth Management, LLC 0.24% of their portfolio KANSAS CITY, MO 1,087,8051.1m $20.3m $20.3m 0.24% New
18 Tiller Private Wealth, Inc. 6.10% of their portfolio BETHLEHEM, PA 1,042,7591.0m $19.5m $19.5m 6.10% Added +52.3k +52,347
19 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 1,001,8711.0m $18.7m $18.7m 0.03% Unchanged
20 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 943,083943.1k $17.6m $17.6m 0.03% Added +80.8k +80,790
21 MAI Capital Management 0.06% of their portfolio INDEPENDENCE, OH 854,288854.3k $16.0m $16.0m 0.06% Added +134.4k +134,405
22 COLLECTIVE FAMILY OFFICE LLC 2.97% of their portfolio YORK, PA 777,208777.2k $14.5m $14.5m 2.97% Added +79.9k +79,920
23 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 718,622718.6k $13.4m $13.4m 0.07% Added +33.2k +33,165
24 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 665,418665.4k $12.4m $12.4m 0.00% Added +100.0k +100,029
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 663,805663.8k $12.4m $12.4m 0.00% Reduced -12.0k -11,958
26 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 640,241640.2k $12.0m $12.0m 0.02% Added +224.6k +224,629
27 NAPLES GLOBAL ADVISORS, LLC 0.73% of their portfolio NAPLES, FL 632,112632.1k $11.8m $11.8m 0.73% Added +40.0k +40,017
28 EXCHANGE TRADED CONCEPTS, LLC 0.06% of their portfolio Oklahoma City, OK 605,218605.2k $11.3m $11.3m 0.06% New
29 Ocean Park Asset Management, LLC 0.54% of their portfolio SANTA MONICA, CA 605,218605.2k $11.3m $11.3m 0.54% New
30 CONNING INC. 0.32% of their portfolio HARTFORD, CT 580,200580.2k $10.8m $10.8m 0.32% Unchanged
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 571,981572.0k $10.7m $10.7m 0.00% Reduced -3.5k -3,467
32 Carnegie Investment Counsel 0.20% of their portfolio PEPPER PIKE, OH 533,633533.6k $10.0m $10.0m 0.20% Added +36.6k +36,605
33 AlphaStar Capital Management, LLC 0.59% of their portfolio CORNELIUS, NC 496,591496.6k $9.3m $9.3m 0.59% Added +113.7k +113,663
34 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 476,029476.0k $8.9m $8.9m 0.01% Added +35.5k +35,493
35 Prairiewood Capital, LLC 1.93% of their portfolio FARGO, ND 397,610397.6k $7.4m $7.4m 1.93% Reduced -5.2k -5,190
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 394,586394.6k $7.4m $7.4m 0.00% Added +17.8k +17,811
37 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 365,711365.7k $6.8m $6.8m 0.01% Reduced -497.2k -497,204
38 AIRE ADVISORS, LLC 1.10% of their portfolio BEVERLY HILLS, CA 362,142362.1k $6.8m $6.8m 1.10% Added +13.2k +13,172
39 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 357,909357.9k $6.7m $6.7m 0.02% Reduced -396 -396
40 Texas Yale Capital Corp. 0.14% of their portfolio ST. PETERSBURG, FL 336,642336.6k $6.3m $6.3m 0.14% Reduced -14.7k -14,736
41 Plan Group Financial, LLC 1.27% of their portfolio OKLAHOMA CITY, OK 327,939327.9k $6.1m $6.1m 1.27% Added +20.3k +20,312
42 WealthTrust Axiom LLC 1.34% of their portfolio WAYNE, PA 321,568321.6k $6.0m $6.0m 1.34% Reduced -7.9k -7,946
43 First Interstate Bank 0.31% of their portfolio Billings, MT 321,320321.3k $6.0m $6.0m 0.31% Added +116.6k +116,590
44 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 317,639317.6k $5.9m $5.9m 0.01% Added +22.8k +22,795
45 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 290,163290.2k $5.4m $5.4m 0.03% Reduced -46.4k -46,401
46 SWS Partners 1.13% of their portfolio COLUMBUS, OH 278,848278.8k $5.2m $5.2m 1.13% Reduced -35.7k -35,703
47 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 265,582265.6k $5.0m $5.0m 0.00% Added +32.9k +32,876
48 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 262,359262.4k $4.9m $4.9m 0.00% Reduced -43.1k -43,097
49 Apella Capital, LLC 0.07% of their portfolio WEST HARTFORD, CT 260,807260.8k $4.9m $4.9m 0.07% Reduced -22.6k -22,629
50 EAGLE HARBOR ASSET MANAGEMENT INC /ADV 3.74% of their portfolio SEATTLE, WA 254,947254.9k $4.8m $4.8m 3.74% Added +1.5k +1,497
51 Sound Income Strategies, LLC 0.19% of their portfolio FT LAUDERDALE, FL 226,017226.0k $4.2m $4.2m 0.19% Reduced -4.7k -4,726
52 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 209,229209.2k $3.9m $3.9m 0.00% Added +26.3k +26,265
53 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 206,182206.2k $3.9m $3.9m 0.01% Added +119.6k +119,582
54 Fifth Third Securities, Inc. 0.21% of their portfolio Cincinnati, OH 197,434197.4k $3.7m $3.7m 0.21% Added +2.6k +2,595
55 SBI Securities Co., Ltd. 0.08% of their portfolio TOKYO, M0 181,285181.3k $3.4m $3.4m 0.08% Reduced -1.0k -1,009
56 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 179,600179.6k $3.4m $3.4m 0.00% Reduced -2.0k -2,030
57 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 177,150177.2k $3.3m $3.3m 0.00% Added +102.3k +102,299
58 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 171,917171.9k $3.2m $3.2m 0.04% Reduced -508 -508
59 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 164,315164.3k $3.1m $3.1m 0.01% Added +33.9k +33,874
60 Global Retirement Partners, LLC 0.05% of their portfolio San Rafael, CA 163,943163.9k $3.1m $3.1m 0.05% First filing
61 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 163,454163.5k $3.1m $3.1m 0.02% Added +131.6k +131,636
62 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 156,935156.9k $2.9m $2.9m 0.03% Added +41.1k +41,111
63 GREAT VALLEY ADVISOR GROUP, INC. 0.05% of their portfolio WILMINGTON, DE 155,676155.7k $2.9m $2.9m 0.05% Added +34.7k +34,730
64 AlphaCore Capital LLC 0.05% of their portfolio LA JOLLA, CA 152,556152.6k $2.9m $2.9m 0.05% Reduced -5.2k -5,196
65 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 147,447147.4k $2.8m $2.8m 0.01% Reduced -13.1k -13,138
66 Robertson Stephens Wealth Management, LLC 0.07% of their portfolio San Francisco, CA 143,356143.4k $2.7m $2.7m 0.07% Reduced -9.1k -9,062
67 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 138,526138.5k $2.6m $2.6m 0.02% Added +25.4k +25,390
68 FF Advisors,LLC 0.93% of their portfolio MANHATTAN BEACH, CA 132,940132.9k $2.5m $2.5m 0.93% Added +6.4k +6,424
69 GREENWOOD CAPITAL ASSOCIATES LLC 0.24% of their portfolio GREENWOOD, SC 131,142131.1k $2.5m $2.5m 0.24% Added +5.2k +5,163
70 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 130,478130.5k $2.4m $2.4m 0.03% Reduced -1.5k -1,517
71 Gladstone Institutional Advisory LLC 0.07% of their portfolio Bedminster, NJ 122,640122.6k $2.3m $2.3m 0.07% Reduced -2.9k -2,909
72 Crews Bank & Trust 0.30% of their portfolio PORT CHARLOTTE, FL 121,730121.7k $2.3m $2.3m 0.30% Added +2.2k +2,215
73 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 116,972117.0k $2.2m $2.2m 0.00% Added +3.6k +3,644
74 Trajan Wealth LLC 0.08% of their portfolio SCOTTSDALE, AZ 115,289115.3k $2.2m $2.2m 0.08% Added +1.8k +1,767
75 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 114,772114.8k $2.1m $2.1m 0.00% Added +5.4k +5,422
76 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 109,711109.7k $2.0m $2.0m 0.00% Reduced -31.2k -31,154
77 Hegarty Advisors, LLC 1.33% of their portfolio GARDEN CITY, NY 103,750103.8k $1.9m $1.9m 1.33% Added +3.0k +3,010
78 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 102,380102.4k $1.9m $1.9m 0.00% Added +3.7k +3,735
79 Cyndeo Wealth Partners, LLC 0.09% of their portfolio ST. PETERSBURG, FL 98,73898.7k $1.8m $1.8m 0.09% Added +560 +560
80 Flaharty Asset Management, LLC 2.60% of their portfolio CLEARWATER, FL 97,61497.6k $1.8m $1.8m 2.60% Reduced -1.0m -1,048,152
81 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 92,11592.1k $1.7m $1.7m 0.02% Added +11.5k +11,462
82 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 89,91989.9k $1.7m $1.7m 0.01% Reduced -610 -610
83 Prepared Retirement Institute LLC 0.71% of their portfolio LANSDALE, PA 89,17489.2k $1.7m $1.7m 0.71% Reduced -656 -656
84 WealthPlan Investment Management, LLC 0.08% of their portfolio OMAHA, NE 87,36887.4k $1.6m $1.6m 0.08% Reduced -55.5k -55,482
85 Traub Capital Management LLC 1.39% of their portfolio NEEDHAM, MA 83,22483.2k $1.6m $1.6m 1.39% Reduced -3.9k -3,911
86 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 80,50880.5k $1.5m $1.5m 0.00% Added +57.9k +57,871
87 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 79,86579.9k $1.5m $1.5m 0.00% Added +20.2k +20,212
88 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 79,59579.6k $1.5m $1.5m 0.01% Unchanged
89 WEBSTER BANK, N. A. 0.13% of their portfolio WATERBURY, CT 77,74977.7k $1.5m $1.5m 0.13% Added +47.9k +47,879
90 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 77,07677.1k $1.4m $1.4m 0.02% Added +2.5k +2,545
91 Unison Advisors LLC 0.10% of their portfolio PROVIDENCE, RI 75,80875.8k $1.4m $1.4m 0.10% Added +6.2k +6,164
92 Alpha Financial Partners LLC 0.74% of their portfolio LEXINGTON, KY 75,47975.5k $1.4m $1.4m 0.74% New
93 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 74,86174.9k $1.4m $1.4m 0.00% Reduced -1.5m -1,507,856
94 Objective Capital Management, LLC 1.24% of their portfolio Fairlawn, OH 74,65074.7k $1.4m $1.4m 1.24% Added +7.5k +7,520
95 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 72,12472.1k $1.3m $1.3m 0.00% Reduced -3.1k -3,071
96 CreativeOne Wealth, LLC 0.03% of their portfolio OVERLAND PARK, KS 71,15971.2k $1.3m $1.3m 0.03% Reduced -6.5k -6,467
97 Eagle Strategies LLC 0.13% of their portfolio NEW YORK, NY 70,81170.8k $1.3m $1.3m 0.13% Reduced -8.9k -8,894
98 PLIMOTH TRUST CO LLC 0.26% of their portfolio SWANSEA, MA 70,27970.3k $1.3m $1.3m 0.26% Added +741 +741
99 Investors Research Corp 0.22% of their portfolio ATLANTA, GA 65,07665.1k $1.2m $1.2m 0.22% Reduced -4.4k -4,421
100 NWAM LLC 0.06% of their portfolio MERCER ISLAND, WA 64,34464.3k $1.2m $1.2m 0.06% Added +5.0k +4,973