Vault-13

VANECK ETF TRUST PFXF

PREFERRED SECURT · ETP · CUSIP 92189F429

180 institutional holders +6 vs Q1 2024
29,953,28830.0m shares reported held*
$518.1mreported value*
21 new 68 added 52 reduced 17 sold out net sold ≈ $61.9m (-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 ≈ $17.30. Options: 2 managers hold calls ($335.6k notional), 1 hold puts ($114.2k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 129Q4 22: 139Q1 23: 145Q2 23: 144Q3 23: 150Q4 23: 169Q1 24: 174Q2 24: 180180Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022129
Q4 2022139
Q1 2023145
Q2 2023144
Q3 2023150
Q4 2023169
Q1 2024174
Q2 2024180

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 66 bought or addedQ4 22: 62 cut or sold outQ4 22Q1 23: 72 bought or addedQ1 23: 60 cut or sold outQ2 23: 80 bought or addedQ2 23: 49 cut or sold outQ2 23Q3 23: 78 bought or addedQ3 23: 54 cut or sold outQ4 23: 80 bought or addedQ4 23: 64 cut or sold outQ4 23Q1 24: 102 bought or addedQ1 24: 54 cut or sold outQ2 24: 89 bought or addedQ2 24: 69 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20226662
Q1 20237260
Q2 20238049
Q3 20237854
Q4 20238064
Q1 202410254
Q2 20248969

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $563.5kQ4 23 puts: $43.0kQ4 23P/C 0.08Q1 24 calls: $852.7kQ1 24 puts: $362.6kQ1 24P/C 0.43Q2 24 calls: $335.6kQ2 24 puts: $114.2kQ2 24P/C 0.34
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$563.5k$43.0k0.08
Q1 2024$852.7k$362.6k0.43
Q2 2024$335.6k$114.2k0.34

Biggest buyers

Comprehensive Wealth Management, LLC New +1,697,495+1.7m
Ocean Park Asset Management, LLC New +285,600+285.6k
MML INVESTORS SERVICES, LLC Added +213,726+213.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +160,926+160.9k
Carmel Capital Partners, LLC Added +136,112+136.1k
UBS Group AG Added +95,304+95.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +93,192+93.2k
LPL Financial LLC Added +77,212+77.2k
Tanager Wealth Management LLP Added +74,644+74.6k
Silver Coast Investments LLC Added +65,839+65.8k

Biggest sellers

MORGAN STANLEY Reduced -6,544,752-6.5m
OSAIC HOLDINGS, INC. Reduced -263,826-263.8k
BANK OF AMERICA CORP /DE/ Reduced -93,421-93.4k
MY Wealth Management Inc. Reduced -87,626-87.6k
Cadent Capital Advisors, LLC Reduced -59,090-59.1k
Tempus Wealth Planning, LLC Sold out -50,000-50.0k
Operose Advisors LLC Sold out -45,685-45.7k
RENAISSANCE TECHNOLOGIES LLC Sold out -35,700-35.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -29,890-29.9k
Resurgent Financial Advisors LLC Reduced -28,377-28.4k

Biggest calls

WOLVERINE TRADING, LLC Reduced $259.5k15.0k shares
CITADEL ADVISORS LLC Reduced $76.1k4.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $114.2k6.6k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,623,3203.6m $62.7m $62.7m 0.01% Reduced -93.4k -93,421
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,860,4402.9m $49.5m $49.5m 0.00% Reduced -6.5m -6,544,752
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,024,2782.0m $35.0m $35.0m 0.02% Added +77.2k +77,212
4 Comprehensive Wealth Management, LLC 21.47% of their portfolio LYNNWOOD, WA 1,697,4951.7m $29.4m $29.4m 21.47% New
5 State of Wisconsin - Board of Commissioners of Public Lands 6.34% of their portfolio MADISON, WI 1,525,2201.5m $26.4m $26.4m 6.34% Unchanged
6 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,470,6361.5m $25.4m $25.4m 0.01% Added +50.7k +50,705
7 RS CRUM INC. 5.92% of their portfolio Newport Beach, CA 1,304,8491.3m $22.6m $22.6m 5.92% Added +9.7k +9,733
8 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 1,254,4711.3m $21.7m $21.7m 0.03% Added +65.1k +65,109
9 Tanager Wealth Management LLP 3.02% of their portfolio Goring On Thames, X0 1,171,3011.2m $20.3m $20.3m 3.02% Added +74.6k +74,644
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,020,7941.0m $17.7m $17.7m 0.00% Added +56.5k +56,497
11 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 795,457795.5k $13.8m $13.8m 0.06% Added +213.7k +213,726
12 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 705,317705.3k $12.2m $12.2m 0.01% Added +39.8k +39,828
13 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 485,202485.2k $8.4m $8.4m 0.01% Added +160.9k +160,926
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 430,295430.3k $7.4m $7.4m 0.00% Added +13.9k +13,881
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 412,846412.8k $7.1m $7.1m 0.00% Added +1.8k +1,767
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 404,782404.8k $7.0m $7.0m 0.01% Added +93.2k +93,192
17 LEVEL FOUR ADVISORY SERVICES, LLC 0.31% of their portfolio DALLAS, TX 400,432400.4k $6.9m $6.9m 0.31% Added +58.0k +57,961
18 PARK AVENUE SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 385,949385.9k $6.7m $6.7m 0.08% Added +10.7k +10,728
19 Carmel Capital Partners, LLC 2.60% of their portfolio SAN DIEGO, CA 356,365356.4k $6.2m $6.2m 2.60% Added +136.1k +136,112
20 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 352,405352.4k $6.1m $6.1m 0.03% Added +43.6k +43,614
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 314,689314.7k $5.4m $5.4m 0.00% Added +95.3k +95,304
22 Ocean Park Asset Management, LLC 0.23% of their portfolio SANTA MONICA, CA 285,600285.6k $4.9m $4.9m 0.23% New
23 Sound Income Strategies, LLC 0.30% of their portfolio FT LAUDERDALE, FL 279,449279.4k $4.8m $4.8m 0.30% Added +18.9k +18,906
24 Silver Coast Investments LLC 1.82% of their portfolio SAN DIEGO, X1 257,423257.4k $4.5m $4.5m 1.82% Added +65.8k +65,839
25 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 208,130208.1k $3.6m $3.6m 0.01% Reduced -792 -792
26 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 201,581201.6k $3.5m $3.5m 0.00% Reduced -13.9k -13,946
27 Fortis Capital Management LLC 0.72% of their portfolio BELLEVUE, WA 194,015194.0k $3.4m $3.4m 0.72% Added +16.1k +16,142
28 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 193,372193.4k $3.3m $3.3m 0.01% Reduced -263.8k -263,826
29 SAX WEALTH ADVISORS, LLC 0.30% of their portfolio PARSIPPANY, NJ 183,708183.7k $3.2m $3.2m 0.30% Added +20.9k +20,861
30 Concurrent Investment Advisors, LLC 0.10% of their portfolio Tampa, FL 174,326174.3k $3.0m $3.0m 0.10% Added +409 +409
31 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 172,214172.2k $3.0m $3.0m 0.00% Added +31.9k +31,917
32 Brendel Financial Advisors LLC 1.87% of their portfolio HANOVER, NH 170,342170.3k $2.9m $2.9m 1.87% Reduced -2.3k -2,258
33 MY Wealth Management Inc. 3.35% of their portfolio GERMANTOWN, MD 170,154170.2k $2.9m $2.9m 3.35% Reduced -87.6k -87,626
34 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 167,711167.7k $2.9m $2.9m 0.03% Added +39.1k +39,062
35 Future Financial Wealth Managment LLC 2.53% of their portfolio CINCINNATI, OH 166,070166.1k $2.9m $2.9m 2.53% Added +1.2k +1,162
36 Wealthcare Advisory Partners LLC 0.08% of their portfolio WEST CHESTER, PA 156,334156.3k $2.7m $2.7m 0.08% Added +7.0k +7,046
37 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 151,671151.7k $2.6m $2.6m 0.00% Added +8.2k +8,247
38 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 139,274139.3k $2.4m $2.4m 0.02% Reduced -800 -800
39 Investors Research Corp 0.53% of their portfolio ATLANTA, GA 132,176132.2k $2.3m $2.3m 0.53% Added +16.4k +16,394
40 NTV Asset Management LLC 0.32% of their portfolio Charleston, WV 128,649128.6k $2.2m $2.2m 0.32% Reduced -67 -67
41 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 118,275118.3k $2.0m $2.0m 0.02% Reduced -1.8k -1,812
42 Joseph P. Lucia & Associates, LLC 0.97% of their portfolio Yorktown Heights, NY 109,380109.4k $1.9m $1.9m 0.97% Reduced -1.7k -1,749
43 Chicago Partners Investment Group LLC 0.06% of their portfolio CHICAGO, IL 96,15096.2k $1.7m $1.7m 0.06% Added +320 +320
44 Ausdal Financial Partners, Inc. 0.17% of their portfolio Davenport, IA 93,70393.7k $1.6m $1.6m 0.17% Added +28 +28
45 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 91,47991.5k $1.6m $1.6m 0.01% Reduced -132 -132
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 87,51387.5k $1.5m $1.5m 0.00% Reduced -15.2k -15,152
47 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 85,59185.6k $1.5m $1.5m 0.01% First filing
48 Cadent Capital Advisors, LLC 0.59% of their portfolio TULSA, OK 84,42484.4k $1.5m $1.5m 0.59% Reduced -59.1k -59,090
49 SHEETS SMITH WEALTH MANAGEMENT 0.17% of their portfolio WINSTON-SALEM, NC 82,91482.9k $1.4m $1.4m 0.17% Reduced -5.2k -5,155
50 Advisory Resource Group 0.31% of their portfolio Tulsa, OK 79,27979.3k $1.4m $1.4m 0.31% Added +3.6k +3,647
51 MSH Capital Advisors LLC 0.45% of their portfolio SCOTTSDALE, AZ 77,84077.8k $1.3m $1.3m 0.45% Added +1.1k +1,074
52 Signature Wealth Management Group 0.54% of their portfolio ATLANTA, GA 71,90571.9k $1.2m $1.2m 0.54% Added +196 +196
53 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 71,74371.7k $1.2m $1.2m 0.01% Added +803 +803
54 Powell Investment Advisors, LLC 0.55% of their portfolio MIAMI, FL 60,97561.0k $1.1m $1.1m 0.55% Reduced -21.1k -21,085
55 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 60,79160.8k $1.1m $1.1m 0.03% Reduced -210 -210
56 Mariner, LLC 0.00% of their portfolio Overland Park, KS 56,71956.7k $981.2k $981.2k 0.00% Added +7.4k +7,392
57 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 56,27556.3k $973.6k $973.6k 0.00% New
58 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 55,23555.2k $955.6k $955.6k 0.01% New
59 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 55,13255.1k $953.8k $953.8k 0.02% Added +484 +484
60 Global Financial Private Client, LLC 0.40% of their portfolio Sarasota, FL 55,04155.0k $952.2k $952.2k 0.40% Added +209 +209
61 MIDLAND WEALTH ADVISORS, LLC 0.05% of their portfolio EFFINGHAM, IL 52,70452.7k $911.8k $911.8k 0.05% Added +780 +780
62 Avidian Wealth Enterprises, LLC 0.04% of their portfolio Houston, TX 51,25151.3k $886.6k $886.6k 0.04% Reduced -467 -467
63 BlackRock Inc. 0.00% of their portfolio New York, NY 46,56946.6k $805.6k $805.6k 0.00% New
64 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 46,36646.4k $802.1k $802.1k 0.02% Added +4.4k +4,352
65 HOWARD WEALTH MANAGEMENT, LLC 0.63% of their portfolio Madison, CT 46,31946.3k $801.3k $801.3k 0.63% Added +14.1k +14,052
66 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 45,15045.1k $781.1k $781.1k 0.02% New
67 Castle Rock Wealth Management, LLC 0.19% of their portfolio WALNUT CREEK, CA 45,04345.0k $771.6k $771.6k 0.19% Reduced -41 -41
68 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 44,79444.8k $774.9k $774.9k 0.01% Added +26.4k +26,410
69 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 43,90643.9k $760.0k $760.0k 0.00% Reduced -771 -771
70 DELTA CAPITAL MANAGEMENT LLC 0.45% of their portfolio RED BANK, NJ 43,08043.1k $745.0k $745.0k 0.45% Reduced -1.0k -1,000
71 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 42,71342.7k $739.0k $739.0k 0.00% Added +3.7k +3,700
72 Etesian Wealth Advisors, Inc. 0.40% of their portfolio West Linn, OR 41,52441.5k $718.4k $718.4k 0.40% Added +1.5k +1,506
73 ROMAN BUTLER FULLERTON & CO 0.23% of their portfolio ST LOUIS, MO 41,49141.5k $715.7k $715.7k 0.23% Reduced -482 -482
74 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 41,19241.2k $712.6k $712.6k 0.01% Added +4.1k +4,076
75 PLIMOTH TRUST CO LLC 0.19% of their portfolio SWANSEA, MA 40,81940.8k $706.2k $706.2k 0.19% Reduced -4.2k -4,230
76 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 40,81540.8k $706.1k $706.1k 0.03% Added +14.2k +14,163
77 WEALTH ALLIANCE, LLC 0.09% of their portfolio MELLVILLE, NY 40,41640.4k $699.2k $699.2k 0.09% Reduced -6.0k -5,950
78 Redwood Financial Network Corp 0.57% of their portfolio SOLON, OH 39,21739.2k $678.5k $678.5k 0.57% Added +21.6k +21,629
79 INSIGNEO ADVISORY SERVICES, LLC 0.07% of their portfolio MIAMI, FL 35,95436.0k $611.9k $611.9k 0.07% Added +15.4k +15,392
80 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 34,56634.6k $598.0k $598.0k 0.00% Reduced -9.1k -9,066
81 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.05% of their portfolio KNOXVILLE, TN 33,81433.8k $585.0k $585.0k 0.05% Unchanged
82 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 33,34433.3k $576.9k $576.9k 0.00% New
83 Pathway Financial Advisers, LLC 0.20% of their portfolio AUBURN, IN 31,92931.9k $552.0k $552.0k 0.20% Reduced -215 -215
84 Apriem Advisors 0.06% of their portfolio IRVINE, CA 30,00030.0k $519.0k $519.0k 0.06% Unchanged
85 Procyon Advisors, LLC 0.04% of their portfolio SHELTON, CT 29,77129.8k $515.0k $515.0k 0.04% Reduced -4.5k -4,475
86 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.01% of their portfolio CINCINNATI, OH 29,38629.4k $508.4k $508.4k 0.01% Unchanged
87 Ariadne Wealth Management, LP 0.40% of their portfolio SANTA BARBARA, CA 28,75028.8k $497.4k $497.4k 0.40% First filing
88 1834 INVESTMENT ADVISORS CO 0.06% of their portfolio Milwaukee, WI 27,45927.5k $475.0k $475.0k 0.06% Reduced -12.4k -12,441
89 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 25,58025.6k $442.5k $442.5k 0.00% New
90 Bank & Trust Co 0.37% of their portfolio LITCHFIELD, IL 25,26425.3k $437.1k $437.1k 0.37% First filing
91 Resurgent Financial Advisors LLC 0.27% of their portfolio ATLANTA, GA 24,94524.9k $431.5k $431.5k 0.27% Reduced -28.4k -28,377
92 MassMutual Private Wealth & Trust, FSB 0.01% of their portfolio Windsor, CT 23,69623.7k $409.9k $409.9k 0.01% Added +456 +456
93 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 22,77422.8k $394.0k $394.0k 0.00% Added +4.5k +4,545
94 Balanced Rock Investment Advisors LLC 0.29% of their portfolio ROSLINDALE, MA 20,01020.0k $346.2k $346.2k 0.29% Added +2.8k +2,801
95 Sowell Financial Services LLC 0.02% of their portfolio NORTH LITTLE ROCK, AR 19,53919.5k $338.0k $338.0k 0.02% Added +6.7k +6,723
96 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 19,04419.0k $329.5k $329.5k 0.01% Unchanged
97 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 18,84818.8k $326.1k $326.1k 0.01% Unchanged
98 M Holdings Securities, Inc. 0.04% of their portfolio PORTLAND, OR 18,80318.8k $325.0k $325.0k 0.04% New
99 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 18,60018.6k $321.8k $321.8k 0.00% New
100 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 18,52818.5k $320.5k $320.5k 0.01% Unchanged