Vault-13

VANECK ETF TRUST PFXF

PREFERRED SECURT · ETP · CUSIP 92189F429

169 institutional holders +19 vs Q3 2023
26,506,30326.5m shares reported held*
$455.4mreported value*
25 new 55 added 52 reduced 12 sold out net bought ≈ $62.2m (+3.6m 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. Holder counts are more reliable. Implied quarter-end price ≈ $17.18. Options: 1 managers hold calls ($563.5k notional), 1 hold puts ($43.0k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 129Q4 22: 139Q1 23: 145Q2 23: 144Q3 23: 150Q4 23: 169169Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022129
Q4 2022139
Q1 2023145
Q2 2023144
Q3 2023150
Q4 2023169

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 66 bought or addedQ4 22: 62 cut or sold outQ4 22Q1 23: 72 bought or addedQ1 23: 60 cut or sold outQ1 23Q2 23: 80 bought or addedQ2 23: 49 cut or sold outQ2 23Q3 23: 78 bought or addedQ3 23: 54 cut or sold outQ3 23Q4 23: 80 bought or addedQ4 23: 64 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226662
Q1 20237260
Q2 20238049
Q3 20237854
Q4 20238064

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ1 23 calls: $37.1kQ1 23 puts: $3.5kQ1 23P/C 0.10Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $563.5kQ4 23 puts: $43.0kQ4 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q1 2023$37.1k$3.5k0.10
Q2 2023$0$0—
Q3 2023$0$0—
Q4 2023$563.5k$43.0k0.08

Biggest buyers

MORGAN STANLEY Added +3,610,597+3.6m
LPL Financial LLC Added +397,714+397.7k
BANK OF AMERICA CORP /DE/ Added +210,559+210.6k
Carmel Capital Partners, LLC New +187,464+187.5k
Fortis Capital Management LLC New +161,743+161.7k
SAX WEALTH ADVISORS, LLC New +155,848+155.8k
TRUIST FINANCIAL CORP Added +132,099+132.1k
RS CRUM INC. Added +131,789+131.8k
AMERIPRISE FINANCIAL INC Added +116,713+116.7k
RAYMOND JAMES & ASSOCIATES Added +81,743+81.7k

Biggest sellers

Procyon Advisors, LLC Reduced -939,665-939.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -371,605-371.6k
OSAIC HOLDINGS, INC. Reduced -235,764-235.8k
Private Advisor Group, LLC Reduced -114,774-114.8k
WELLS FARGO & COMPANY/MN Reduced -108,888-108.9k
ROYAL BANK OF CANADA Reduced -41,173-41.2k
Tanager Wealth Management LLP Reduced -40,539-40.5k
1834 INVESTMENT ADVISORS CO Reduced -36,493-36.5k
PLIMOTH TRUST CO LLC Reduced -35,437-35.4k
NewEdge Advisors, LLC Reduced -34,488-34.5k

Biggest calls

CITADEL ADVISORS LLC New $563.5k32.8k shares

Biggest puts

CITADEL ADVISORS LLC New $43.0k2.5k shares

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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,474,8665.5m $94.1m $94.1m 0.00% Added +3.6m +3,610,597
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,972,9992.0m $33.9m $33.9m 0.00% Added +210.6k +210,559
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,748,8301.7m $30.0m $30.0m 0.02% Added +397.7k +397,714
4 State of Wisconsin - Board of Commissioners of Public Lands 6.48% of their portfolio MADISON, WI 1,525,2201.5m $26.2m $26.2m 6.48% Unchanged
5 RS CRUM INC. 6.70% of their portfolio Newport Beach, CA 1,263,9011.3m $21.7m $21.7m 6.70% Added +131.8k +131,789
6 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 1,207,9471.2m $20.8m $20.8m 0.03% Added +12.1k +12,083
7 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,087,9911.1m $18.7m $18.7m 0.01% Added +116.7k +116,713
8 MY Wealth Management Inc. 15.32% of their portfolio GERMANTOWN, MD 947,999948.0k $16.3m $16.3m 15.32% Added +2.7k +2,736
9 Tanager Wealth Management LLP 2.86% of their portfolio Goring On Thames, X0 914,631914.6k $15.7m $15.7m 2.86% Reduced -40.5k -40,539
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 712,164712.2k $12.2m $12.2m 0.00% Reduced -108.9k -108,888
11 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 527,817527.8k $9.1m $9.1m 0.01% Added +81.7k +81,743
12 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 505,836505.8k $8.7m $8.7m 0.04% Added +64.9k +64,915
13 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 459,574459.6k $7.9m $7.9m 0.01% Reduced -235.8k -235,764
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 386,917386.9k $6.6m $6.6m 0.00% Reduced -371.6k -371,605
15 LEVEL FOUR ADVISORY SERVICES, LLC 0.32% of their portfolio DALLAS, TX 333,168333.2k $5.7m $5.7m 0.32% Added +14.4k +14,403
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 312,571312.6k $5.4m $5.4m 0.00% Reduced -41.2k -41,173
17 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 311,639311.6k $5.4m $5.4m 0.01% Added +397 +397
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 296,525296.5k $5.1m $5.1m 0.01% Added +50.4k +50,418
19 PARK AVENUE SECURITIES LLC 0.06% of their portfolio NEW YORK, NY 262,221262.2k $4.5m $4.5m 0.06% Added +54.8k +54,820
20 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 261,155261.2k $4.5m $4.5m 0.04% Added +21.3k +21,300
21 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 243,783243.8k $4.2m $4.2m 0.00% Reduced -986 -986
22 Sound Income Strategies, LLC 0.34% of their portfolio FT LAUDERDALE, FL 238,171238.2k $4.1m $4.1m 0.34% Added +11.6k +11,553
23 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 205,774205.8k $3.5m $3.5m 0.02% Reduced -9.9k -9,928
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 194,893194.9k $3.3m $3.3m 0.00% Added +10.7k +10,717
25 Carmel Capital Partners, LLC 1.64% of their portfolio SAN DIEGO, CA 187,464187.5k $3.2m $3.2m 1.64% New
26 Silver Coast Investments LLC 1.46% of their portfolio SAN DIEGO, X1 186,689186.7k $3.2m $3.2m 1.46% First filing
27 Concurrent Investment Advisors, LLC 0.14% of their portfolio Tampa, FL 177,195177.2k $3.0m $3.0m 0.14% First filing
28 Brendel Financial Advisors LLC 1.96% of their portfolio HANOVER, NH 174,441174.4k $3.0m $3.0m 1.96% Reduced -1.6k -1,577
29 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 168,538168.5k $2.9m $2.9m 0.03% Added +40.0k +39,987
30 Fortis Capital Management LLC 0.71% of their portfolio BELLEVUE, WA 161,743161.7k $2.8m $2.8m 0.71% New
31 Future Financial Wealth Managment LLC 2.70% of their portfolio CINCINNATI, OH 158,433158.4k $2.7m $2.7m 2.70% Added +12.6k +12,570
32 SAX WEALTH ADVISORS, LLC 0.44% of their portfolio PARSIPPANY, NJ 155,848155.8k $2.7m $2.7m 0.44% New
33 Wealthcare Advisory Partners LLC 0.10% of their portfolio WEST CHESTER, PA 144,973145.0k $2.5m $2.5m 0.10% Added +12.2k +12,226
34 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 143,549143.5k $2.5m $2.5m 0.00% Added +132.1k +132,099
35 Cadent Capital Advisors, LLC 1.25% of their portfolio TULSA, OK 143,485143.5k $2.5m $2.5m 1.25% Added +2.7k +2,735
36 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 139,453139.5k $2.4m $2.4m 0.02% Reduced -114.8k -114,774
37 NTV Asset Management LLC 0.35% of their portfolio Charleston, WV 122,349122.3k $2.1m $2.1m 0.35% Reduced -9.8k -9,801
38 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 114,256114.3k $2.0m $2.0m 0.02% Reduced -25.0k -24,996
39 Joseph P. Lucia & Associates, LLC 1.21% of their portfolio Yorktown Heights, NY 113,412113.4k $1.9m $1.9m 1.21% Reduced -5.1k -5,126
40 Investors Research Corp 0.44% of their portfolio ATLANTA, GA 105,440105.4k $1.8m $1.8m 0.44% Added +9.5k +9,547
41 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 104,460104.5k $1.8m $1.8m 0.01% Reduced -12.2k -12,216
42 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 102,129102.1k $1.8m $1.8m 0.02% Added +20.0k +19,976
43 1834 INVESTMENT ADVISORS CO 0.20% of their portfolio Milwaukee, WI 96,64496.6k $1.7m $1.7m 0.20% Reduced -36.5k -36,493
44 SHEETS SMITH WEALTH MANAGEMENT 0.23% of their portfolio WINSTON-SALEM, NC 93,00793.0k $1.6m $1.6m 0.23% Reduced -4.1k -4,142
45 Chicago Partners Investment Group LLC 0.07% of their portfolio CHICAGO, IL 86,57486.6k $1.5m $1.5m 0.07% Reduced -858 -858
46 Powell Investment Advisors, LLC 0.79% of their portfolio MIAMI, FL 82,79882.8k $1.4m $1.4m 0.79% Reduced -5.2k -5,159
47 Advisory Resource Group 0.33% of their portfolio Tulsa, OK 76,07176.1k $1.3m $1.3m 0.33% Reduced -13 -13
48 Signature Wealth Management Group 0.57% of their portfolio ATLANTA, GA 72,02772.0k $1.2m $1.2m 0.57% First filing
49 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 69,24269.2k $1.2m $1.2m 0.01% Reduced -4.9k -4,893
50 MSH Capital Advisors LLC 0.43% of their portfolio SCOTTSDALE, AZ 66,91466.9k $1.1m $1.1m 0.43% Added +6.2k +6,174
51 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 65,40365.4k $1.1m $1.1m 0.04% Added +2.6k +2,563
52 PLIMOTH TRUST CO LLC 0.28% of their portfolio SWANSEA, MA 57,25057.2k $983.6k $983.6k 0.28% Reduced -35.4k -35,437
53 MIDLAND WEALTH ADVISORS, LLC 0.06% of their portfolio EFFINGHAM, IL 53,87653.9k $925.6k $925.6k 0.06% First filing
54 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 51,33151.3k $881.9k $881.9k 0.02% Added +4.3k +4,312
55 Tempus Wealth Planning, LLC 0.38% of their portfolio IRVINE, CA 50,00050.0k $859.0k $859.0k 0.38% Unchanged
56 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 48,99649.0k $842.0k $842.0k 0.00% Reduced -163 -163
57 WEALTH ALLIANCE, LLC 0.11% of their portfolio MELLVILLE, NY 46,30946.3k $795.6k $795.6k 0.11% Added +8.8k +8,750
58 DELTA CAPITAL MANAGEMENT LLC 0.53% of their portfolio RED BANK, NJ 44,08044.1k $757.0k $757.0k 0.53% Unchanged
59 Apollon Wealth Management, LLC 0.03% of their portfolio MOUNT PLEASANT, SC 43,02443.0k $739.2k $739.2k 0.03% Reduced -35 -35
60 Castle Rock Wealth Management, LLC 0.22% of their portfolio WALNUT CREEK, CA 42,29242.3k $726.6k $726.6k 0.22% Added +185 +185
61 Procyon Advisors, LLC 0.06% of their portfolio SHELTON, CT 42,17442.2k $724.5k $724.5k 0.06% Reduced -939.7k -939,665
62 ROMAN BUTLER FULLERTON & CO 0.29% of their portfolio ST LOUIS, MO 41,77441.8k $732.7k $732.7k 0.29% Added +6.8k +6,771
63 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 40,41540.4k $694.3k $694.3k 0.02% New
64 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 39,65439.7k $681.3k $681.3k 0.00% Added +1.7k +1,672
65 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 37,92037.9k $651.0k $651.0k 0.00% Reduced -7.9k -7,878
66 Pathway Financial Advisers, LLC 0.23% of their portfolio AUBURN, IN 35,22035.2k $605.1k $605.1k 0.23% Reduced -763 -763
67 Mid-American Wealth Advisory Group, Inc. 0.45% of their portfolio KANSAS CITY, MO 34,99535.0k $601.2k $601.2k 0.45% Reduced -980 -980
68 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.05% of their portfolio KNOXVILLE, TN 33,81433.8k $580.9k $580.9k 0.05% Reduced -3.9k -3,869
69 Etesian Wealth Advisors, Inc. 0.35% of their portfolio West Linn, OR 33,72033.7k $581.7k $581.7k 0.35% New
70 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 0.10% of their portfolio GRAND BLANC, MI 31,19331.2k $535.9k $535.9k 0.10% Added +4.7k +4,698
71 HOWARD WEALTH MANAGEMENT, LLC 0.44% of their portfolio Madison, CT 30,58530.6k $525.5k $525.5k 0.44% Added +12.9k +12,940
72 Apriem Advisors 0.07% of their portfolio IRVINE, CA 30,25030.2k $519.7k $519.7k 0.07% Reduced -1.4k -1,400
73 Bartlett & Co. LLC 0.01% of their portfolio CINCINNATI, OH 29,38629.4k $507.0k $507.0k 0.01% New
74 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.01% of their portfolio CINCINNATI, OH 29,38629.4k $512.4k $512.4k 0.01% New
75 Avidian Wealth Enterprises, LLC 0.03% of their portfolio Houston, TX 28,94128.9k $497.2k $497.2k 0.03% Reduced -587 -587
76 Core Wealth Partners LLC 0.40% of their portfolio SANTA ROSA, CA 28,42128.4k $488.3k $488.3k 0.40% Added +202 +202
77 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.23% of their portfolio LEAWOOD, KS 27,97128.0k $480.5k $480.5k 0.23% Added +11.8k +11,789
78 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 26,64626.6k $457.8k $457.8k 0.02% Added +7 +7
79 Global Financial Private Client, LLC 0.20% of their portfolio Sarasota, FL 24,51424.5k $421.2k $421.2k 0.20% New
80 Cypress Capital Group 0.05% of their portfolio Palm Beach, FL 24,26124.3k $416.8k $416.8k 0.05% Reduced -900 -900
81 MassMutual Private Wealth & Trust, FSB 0.01% of their portfolio Windsor, CT 22,47922.5k $386.2k $386.2k 0.01% Added +1.6k +1,561
82 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 21,64021.6k $379.6k $379.6k 0.00% Added +7.9k +7,931
83 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 21,43221.4k $368.2k $368.2k 0.00% Added +4.1k +4,127
84 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 20,82820.8k $357.8k $357.8k 0.00% Added +1.1k +1,108
85 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 19,24719.2k $330.7k $330.7k 0.00% Added +3.3k +3,322
86 Resurgent Financial Advisors LLC 0.20% of their portfolio ATLANTA, GA 18,78018.8k $322.6k $322.6k 0.20% Added +13.4k +13,380
87 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 18,52818.5k $318.3k $318.3k 0.01% Unchanged
88 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 18,42418.4k $316.5k $316.5k 0.02% Added +700 +700
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 18,37118.4k $315.6k $315.6k 0.00% Reduced -34.5k -34,488
90 Texas Yale Capital Corp. 0.01% of their portfolio ST. PETERSBURG, FL 17,10217.1k $293.8k $293.8k 0.01% Reduced -8.6k -8,642
91 Hofer & Associates. Inc 0.25% of their portfolio THOUSAND OAKS, CA 15,90815.9k $273.3k $273.3k 0.25% Added +1.2k +1,158
92 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,62415.6k $268.4k $268.4k 0.00% Added +5.0k +4,997
93 Kovack Advisors, Inc. 0.03% of their portfolio FT. LAUDERDALE, FL 15,38515.4k $264.3k $264.3k 0.03% Reduced -1.8k -1,800
94 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 15,27415.3k $262.4k $262.4k 0.01% New
95 Accel Wealth Management 0.13% of their portfolio WAVERLY, IA 15,12215.1k $259.8k $259.8k 0.13% Reduced -1.6k -1,617
96 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 14,57414.6k $250.4k $250.4k 0.02% Reduced -1.2k -1,171
97 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 14,55514.6k $250.1k $250.1k 0.00% Reduced -11.8k -11,790
98 FIRST WILSHIRE SECURITIES MANAGEMENT INC 0.08% of their portfolio PASADENA, CA 14,00014.0k $241.0k $241.0k 0.08% Unchanged
99 Pasadena Private Wealth, LLC 0.06% of their portfolio PASADENA, CA 13,65413.7k $234.6k $234.6k 0.06% Reduced -8.2k -8,242
100 Acorn Wealth Advisors, LLC 0.14% of their portfolio Grand Blanc, MI 13,62413.6k $234.1k $234.1k 0.14% Reduced -369 -369