Vault-13

VANECK ETF TRUST PFXF

PREFERRED SECURT · ETP · CUSIP 92189F429

215 institutional holders +5 vs Q4 2025
36,074,88436.1m shares reported held*
$633.5mreported value*
23 new 95 added 66 reduced 15 sold out net bought ≈ $50.0m (+2.8m 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 ≈ $17.56.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 129Q4 22: 139Q1 23: 145Q2 23: 144Q3 23: 150Q4 23: 169Q1 24: 174Q2 24: 180Q3 24: 183Q4 24: 192Q1 25: 193Q2 25: 184Q3 25: 191Q4 25: 210Q1 26: 215215Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022129
Q4 2022139
Q1 2023145
Q2 2023144
Q3 2023150
Q4 2023169
Q1 2024174
Q2 2024180
Q3 2024183
Q4 2024192
Q1 2025193
Q2 2025184
Q3 2025191
Q4 2025210
Q1 2026215

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 89 bought or addedQ2 24: 69 cut or sold outQ3 24: 91 bought or addedQ3 24: 69 cut or sold outQ3 24Q4 24: 95 bought or addedQ4 24: 66 cut or sold outQ1 25: 96 bought or addedQ1 25: 76 cut or sold outQ1 25Q2 25: 87 bought or addedQ2 25: 86 cut or sold outQ3 25: 108 bought or addedQ3 25: 64 cut or sold outQ3 25Q4 25: 105 bought or addedQ4 25: 72 cut or sold outQ1 26: 118 bought or addedQ1 26: 81 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20248969
Q3 20249169
Q4 20249566
Q1 20259676
Q2 20258786
Q3 202510864
Q4 202510572
Q1 202611881

Biggest buyers

MORGAN STANLEY Added +724,840+724.8k
BANK OF AMERICA CORP /DE/ Added +705,474+705.5k
Tradewinds Capital Management, LLC New +631,540+631.5k
LPL Financial LLC Added +254,868+254.9k
Goldstone Financial Group, LLC New +179,898+179.9k
ROYAL BANK OF CANADA Added +155,882+155.9k
Tanager Wealth Management LLP Added +138,544+138.5k
FIG FINANCIAL ADVISORY SERVICES INC /ADV New +123,698+123.7k
Capital Square, LLC Added +101,222+101.2k
ENVESTNET ASSET MANAGEMENT INC Added +95,317+95.3k

Biggest sellers

MML INVESTORS SERVICES, LLC Reduced -323,706-323.7k
Brendel Financial Advisors LLC Sold out -163,097-163.1k
Mezzasalma Advisors, LLC Reduced -96,529-96.5k
Wealth Intelligence, LLC Reduced -79,237-79.2k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC Sold out -79,064-79.1k
PARK AVENUE SECURITIES LLC Reduced -71,279-71.3k
CITADEL ADVISORS LLC Sold out -69,307-69.3k
UBS Group AG Reduced -58,146-58.1k
Mariner, LLC Reduced -48,061-48.1k
Private Advisor Group, LLC Reduced -40,577-40.6k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 5,351,2045.4m $93.9m $93.9m 0.01% Added +705.5k +705,474
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,266,1673.3m $57.3m $57.3m 0.00% Added +724.8k +724,840
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 3,216,2383.2m $56.4m $56.4m 0.01% Added +254.9k +254,868
4 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,917,6921.9m $33.6m $33.6m 0.01% Added +69.8k +69,786
5 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,814,2261.8m $31.8m $31.8m 0.01% Added +76.1k +76,063
6 Tanager Wealth Management LLP 2.69% of their portfolio Goring On Thames, X0 1,587,6321.6m $27.8m $27.8m 2.69% Added +138.5k +138,544
7 State of Wisconsin - Board of Commissioners of Public Lands 17.61% of their portfolio MADISON, WI 1,525,2201.5m $26.8m $26.8m 17.61% Unchanged
8 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 1,148,1721.1m $20.1m $20.1m 0.06% Reduced -323.7k -323,706
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 660,091660.1k $11.6m $11.6m 0.00% Added +95.3k +95,317
10 Tradewinds Capital Management, LLC 2.20% of their portfolio BELLINGHAM, WA 631,540631.5k $11.1m $11.1m 2.20% New
11 Good Steward Wealth Advisors,LLC 6.77% of their portfolio CLARKSVILLE, TN 600,022600.0k $10.5m $10.5m 6.77% Added +3.5k +3,541
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 556,951557.0k $9.8m $9.8m 0.00% Reduced -58.1k -58,146
13 Wealth Intelligence, LLC 4.59% of their portfolio COLUMBUS, GA 544,001544.0k $9.5m $9.5m 4.59% Reduced -79.2k -79,237
14 Dougherty & Associates, LLC 8.26% of their portfolio Spring Hill, FL 512,478512.5k $9.0m $9.0m 8.26% Added +30.9k +30,869
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 484,045484.0k $8.5m $8.5m 0.00% Added +155.9k +155,882
16 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 476,908476.9k $8.4m $8.4m 0.01% Added +8.9k +8,878
17 Carmel Capital Partners, LLC 2.50% of their portfolio SAN DIEGO, CA 394,621394.6k $6.9m $6.9m 2.50% Added +21.4k +21,373
18 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 367,773367.8k $6.5m $6.5m 0.01% Added +40.7k +40,672
19 LEVEL FOUR ADVISORY SERVICES, LLC 0.21% of their portfolio DALLAS, TX 365,583365.6k $6.4m $6.4m 0.21% Reduced -33.4k -33,356
20 Concurrent Investment Advisors, LLC 0.07% of their portfolio Tampa, FL 341,258341.3k $6.0m $6.0m 0.07% Added +5.9k +5,929
21 Silver Coast Investments LLC 1.70% of their portfolio SAN DIEGO, X1 303,819303.8k $5.3m $5.3m 1.70% Added +10.3k +10,296
22 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 295,801295.8k $5.2m $5.2m 0.04% Reduced -71.3k -71,279
23 Investors Research Corp 0.99% of their portfolio ATLANTA, GA 294,161294.2k $5.2m $5.2m 0.99% Added +22.1k +22,059
24 Capital Square, LLC 2.32% of their portfolio ATHENS, TN 271,190271.2k $5.0m $5.0m 2.32% Added +101.2k +101,222
25 Sound Income Strategies, LLC 0.21% of their portfolio FT LAUDERDALE, FL 251,262251.3k $4.4m $4.4m 0.21% Reduced -14.0k -14,028
26 Apella Capital, LLC 0.07% of their portfolio WEST HARTFORD, CT 247,993248.0k $4.6m $4.6m 0.07% Reduced -6.6k -6,572
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 243,501243.5k $4.3m $4.3m 0.00% Added +35.4k +35,376
28 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 242,957243.0k $4.3m $4.3m 0.02% Reduced -33.0k -33,016
29 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 242,550242.6k $4.2m $4.2m 0.00% Added +15.3k +15,292
30 Wealthcare Advisory Partners LLC 0.07% of their portfolio WEST CHESTER, PA 218,685218.7k $3.8m $3.8m 0.07% Added +5.8k +5,765
31 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 216,648216.6k $3.8m $3.8m 0.00% Added +27.2k +27,217
32 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 207,164207.2k $3.6m $3.6m 0.01% Added +2.3k +2,342
33 Goldstone Financial Group, LLC 0.34% of their portfolio OAKBROOK TERRACE, IL 179,898179.9k $3.2m $3.2m 0.34% New
34 NTV Asset Management LLC 0.34% of their portfolio Charleston, WV 177,272177.3k $3.1m $3.1m 0.34% Added +19.3k +19,287
35 LARCH CAPITAL PARTNERS LLC 0.45% of their portfolio MIAMI, FL 176,444176.4k $3.1m $3.1m 0.45% Added +9.3k +9,284
36 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 173,424173.4k $3.0m $3.0m 0.01% Reduced -40.6k -40,577
37 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 167,222167.2k $2.9m $2.9m 0.01% Added +8.4k +8,354
38 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 164,154164.2k $2.9m $2.9m 0.02% Added +23.5k +23,546
39 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 161,661161.7k $2.8m $2.8m 0.01% Reduced -1.7k -1,734
40 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 157,933157.9k $2.8m $2.8m 0.01% Added +20.6k +20,641
41 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 156,776156.8k $2.7m $2.7m 0.00% Reduced -5.9k -5,929
42 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 156,240156.2k $2.7m $2.7m 0.00% Reduced -1.4k -1,441
43 AssuredPartners Investment Advisors, LLC 0.27% of their portfolio Tampa, FL 139,754139.8k $2.5m $2.5m 0.27% Reduced -899 -899
44 CASTLEKEEP INVESTMENT ADVISORS LLC 1.28% of their portfolio WESTPORT, CT 134,528134.5k $2.4m $2.4m 1.28% Unchanged
45 Measured Risk Portfolios, Inc. 2.53% of their portfolio SAN DIEGO, CA 131,003131.0k $2.3m $2.3m 2.53% Reduced -1.8k -1,803
46 Sigma Planning Corp 0.06% of their portfolio ANN ARBOR, MI 124,872124.9k $2.2m $2.2m 0.06% Added +3.1k +3,102
47 FIG FINANCIAL ADVISORY SERVICES INC /ADV 1.36% of their portfolio OKLAHOMA CITY, OK 123,698123.7k $2.2m $2.2m 1.36% New
48 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 116,961117.0k $2.1m $2.1m 0.05% Added +6.7k +6,683
49 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 114,952115.0k $2.0m $2.0m 0.00% Added +546 +546
50 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 114,223114.2k $2.0m $2.0m 0.01% Reduced -1.7k -1,668
51 Meridian Financial Partners LLC 0.72% of their portfolio WARRENTON, VA 107,529107.5k $1.9m $1.9m 0.72% Added +18.8k +18,791
52 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 107,105107.1k $1.9m $1.9m 0.01% Added +60.5k +60,450
53 Chicago Partners Investment Group LLC 0.04% of their portfolio CHICAGO, IL 103,094103.1k $1.9m $1.9m 0.04% Added +1.0k +1,047
54 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 103,062103.1k $1.8m $1.8m 0.00% Reduced -3.5k -3,507
55 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 102,774102.8k $1.8m $1.8m 0.01% Added +4.3k +4,278
56 MSH Capital Advisors LLC 0.37% of their portfolio SCOTTSDALE, AZ 100,598100.6k $1.8m $1.8m 0.37% Reduced -78 -78
57 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 97,73297.7k $1.7m $1.7m 0.02% Reduced -3.0k -2,999
58 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 92,82192.8k $1.6m $1.6m 0.00% Added +10.0k +10,000
59 Guild Investment Management, Inc. 1.12% of their portfolio WESTLAKE VILLAGE, CA 89,26089.3k $1.6m $1.6m 1.12% Added +44.6k +44,630
60 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 88,55288.6k $1.6m $1.6m 0.00% Added +4.9k +4,859
61 HOWARD WEALTH MANAGEMENT, LLC 0.65% of their portfolio Madison, CT 88,38688.4k $1.6m $1.6m 0.65% Added +2.1k +2,069
62 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 87,62487.6k $1.5m $1.5m 0.01% Added +5.9k +5,887
63 Joseph P. Lucia & Associates, LLC 0.54% of their portfolio Yorktown Heights, NY 85,88485.9k $1.5m $1.5m 0.54% Reduced -2.1k -2,125
64 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 85,01485.0k $1.5m $1.5m 0.00% Added +53.5k +53,468
65 INSIGNEO ADVISORY SERVICES, LLC 0.10% of their portfolio MIAMI, FL 83,20083.2k $1.5m $1.5m 0.10% Added +7.5k +7,488
66 Signature Wealth Management Group 0.55% of their portfolio ATLANTA, GA 82,46682.5k $1.4m $1.4m 0.55% Added +3.4k +3,413
67 RHODES INVESTMENT ADVISORS INC /ADV 1.21% of their portfolio FORT WORTH, TX 80,26980.3k $1.4m $1.4m 1.21% Reduced -1.8k -1,800
68 INTEGRITY ALLIANCE, LLC. 0.05% of their portfolio Urbandale, IA 79,96180.0k $1.4m $1.4m 0.05% Reduced -4.7k -4,668
69 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 78,63478.6k $1.4m $1.4m 0.02% Reduced -2.5k -2,483
70 SHEETS SMITH WEALTH MANAGEMENT 0.15% of their portfolio WINSTON-SALEM, NC 78,14578.1k $1.4m $1.4m 0.15% Added +1.7k +1,665
71 SAX WEALTH ADVISORS, LLC 0.06% of their portfolio PARSIPPANY, NJ 75,62275.6k $1.3m $1.3m 0.06% Unchanged
72 Avidian Wealth Enterprises, LLC 0.04% of their portfolio Houston, TX 75,32875.3k $1.3m $1.3m 0.04% Reduced -11.6k -11,648
73 Cassady Wealth & Retirement Planning, LLC 0.71% of their portfolio HENDERSON, NV 73,60573.6k $1.4m $1.4m 0.71% Added +32.1k +32,055
74 Proficio Capital Partners LLC 0.07% of their portfolio NEWTON, MA 70,15070.2k $1.2m $1.2m 0.07% Added +18.2k +18,155
75 Tandem Financial, LLC 0.40% of their portfolio GREENWOOD VILLAGE, CO 67,05767.1k $1.2m $1.2m 0.40% Added +34.6k +34,634
76 Fortis Capital Management LLC 0.14% of their portfolio BELLEVUE, WA 61,18961.2k $1.1m $1.1m 0.14% Added +324 +324
77 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 60,27560.3k $1.1m $1.1m 0.02% Reduced -6.4k -6,419
78 Inspire Advisors, LLC 0.08% of their portfolio Meridian, ID 59,43959.4k $1.0m $1.0m 0.08% Added +129 +129
79 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 57,85357.9k $1.0m $1.0m 0.00% Reduced -18.2k -18,204
80 Etesian Wealth Advisors, Inc. 0.30% of their portfolio West Linn, OR 54,44954.4k $955.0k $955.0k 0.30% Added +173 +173
81 Stratos Investment Management, LLC 0.04% of their portfolio BEACHWOOD, OH 53,91053.9k $945.6k $945.6k 0.04% Added +813 +813
82 Powell Investment Advisors, LLC 0.32% of their portfolio MIAMI, FL 53,24453.2k $933.9k $933.9k 0.32% Unchanged
83 Hyposwiss Advisors SA 0.91% of their portfolio GENEVA, V8 52,71052.7k $924.5k $924.5k 0.91% Unchanged
84 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 48,99649.0k $859.4k $859.4k 0.03% Added +3.3k +3,254
85 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 48,93048.9k $858.2k $858.2k 0.00% Added +112 +112
86 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 48,04248.0k $844.3k $844.3k 0.01% Added +3.9k +3,860
87 ROMAN BUTLER FULLERTON & CO 0.24% of their portfolio ST LOUIS, MO 47,96748.0k $855.7k $855.7k 0.24% Reduced -2.3k -2,281
88 MPWM ADVISORY SOLUTIONS, LLC 0.44% of their portfolio ALPHARETTA, GA 47,57747.6k $834.5k $834.5k 0.44% Added +290 +290
89 Mariner, LLC 0.00% of their portfolio Overland Park, KS 47,24347.2k $828.6k $828.6k 0.00% Reduced -48.1k -48,061
90 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 46,49446.5k $815.5k $815.5k 0.00% Reduced -7.4k -7,427
91 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 45,84345.8k $804.1k $804.1k 0.00% Reduced -2.4k -2,353
92 OpenArc Corporate Advisory, LLC 0.01% of their portfolio ATLANTA, GA 42,48942.5k $745.3k $745.3k 0.01% Added +18.3k +18,309
93 WEALTH ALLIANCE, LLC 0.07% of their portfolio MELLVILLE, NY 40,84440.8k $716.4k $716.4k 0.07% Added +28 +28
94 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 39,50639.5k $692.9k $692.9k 0.01% Added +1.1k +1,088
95 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 37,39937.4k $656.0k $656.0k 0.00% Added +1.4k +1,438
96 DELTA CAPITAL MANAGEMENT LLC 0.36% of their portfolio RED BANK, NJ 36,85036.9k $646.0k $646.0k 0.36% Reduced -100 -100
97 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 33,69833.7k $591.1k $591.1k 0.00% New
98 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 33,51333.5k $587.8k $587.8k 0.00% Added +19.7k +19,736
99 Marshall Financial Group, LLC 0.09% of their portfolio Hunt Valley, MD 32,37332.4k $567.8k $567.8k 0.09% Reduced -15.7k -15,686
100 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 32,25732.3k $565.8k $565.8k 0.00% Added +3.6k +3,557