MML INVESTORS SERVICES, LLC historic quarter change: USA Preferred Shares, Reduced
In preferred shares (listed in the US), over 15 quarters from 2015-06-30 to 2026-06-30, MML INVESTORS SERVICES, LLC opened 5 positions, added to 66, reduced 40 and sold out of 5.
- Q1 2026: Stock PFXF; Country of operation —; Class PREFERRED SECURT; Shares before 1,471,878.
- Q1 2026: Stock PFF; Country of operation —; Class PFD AND INCM SEC; Shares before 564,909.
- Q1 2026: Stock PFFD; Country of operation —; Class US PFD ETF; Shares before 470,691.
- Q1 2026: Stock FPEI; Country of operation —; Class INSTL PFD SECS; Shares before 43,550.
Each consecutive pair of Form 13F-HR filings compared (SEC CIK 701059), 15 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-08-07); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-05-04); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-02-13); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-14); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-14); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-05-14); Q4 2024 (2024-09-30 to 2024-12-31, filed 2025-02-13); Q3 2024 (2024-06-30 to 2024-09-30, filed 2024-11-15); Q2 2024 (2024-03-31 to 2024-06-30, filed 2024-08-14); Q1 2024 (2023-12-31 to 2024-03-31, filed 2024-05-14); Q3 2016 (2016-06-30 to 2016-09-30, filed 2016-11-14); Q2 2016 (2016-03-31 to 2016-06-30, filed 2016-08-05); Q1 2016 (2015-12-31 to 2016-03-31, filed 2016-05-12); Q4 2015 (2015-09-30 to 2015-12-31, filed 2016-02-10); Q3 2015 (2015-06-30 to 2015-09-30, filed 2015-11-12). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2015-06-30. Not compared, as a quarter between them is not held here yet: 2016-09-30 to 2023-12-31 (missing 2016-12-31, 2017-03-31, 2017-06-30, 2017-09-30, 2017-12-31, 2018-03-31, 2018-06-30, 2018-09-30, 2018-12-31, 2019-03-31, 2019-06-30, 2019-09-30, 2019-12-31, 2020-03-31, 2020-06-30, 2020-09-30, 2020-12-31, 2021-03-31, 2021-06-30, 2021-09-30, 2021-12-31, 2022-03-31, 2022-06-30, 2022-09-30, 2022-12-31, 2023-03-31, 2023-06-30, 2023-09-30).
| Quarter | Stock | Country of operation | Class | Shares before | Shares after | Share change | Value before | Value after | Value change | Filed |
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| Q1 2026 | PFXF
VANECK ETF TRUST | | PREFERRED SECURT | 1,471,878 | 1,148,172 | -323,706 | $25,993,371 | $20,138,945 | -$5,854,426 | 2026-05-04 |
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| Q1 2026 | PFF
ISHARES TR | | PFD AND INCM SEC | 564,909 | 496,990 | -67,919 | $17,489,578 | $15,068,744 | -$2,420,834 | 2026-05-04 |
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| Q1 2026 | PFFD
GLOBAL X FDS | | US PFD ETF | 470,691 | 415,612 | -55,079 | $8,900,772 | $7,647,257 | -$1,253,515 | 2026-05-04 |
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| Q1 2026 | FPEI
FIRST TR EXCH TRADED FD III | | INSTL PFD SECS | 43,550 | 19,025 | -24,525 | $844,435 | $361,481 | -$482,954 | 2026-05-04 |
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| Q1 2026 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 215,753 | 186,386 | -29,367 | $2,425,066 | $2,027,877 | -$397,189 | 2026-05-04 |
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| Q1 2026 | FPE
FIRST TR EXCH TRADED FD III | | PFD SECS INC ETF | 561,244 | 554,079 | -7,165 | $10,225,865 | $9,834,898 | -$390,967 | 2026-05-04 |
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| Q1 2026 | VRP
INVESCO EXCH TRADED FD TR II | | VAR RATE PFD | 387,247 | 380,367 | -6,880 | $9,421,718 | $9,121,208 | -$300,510 | 2026-05-04 |
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| Q1 2026 | PREF
PRINCIPAL EXCHANGE TRADED FD | | SPECTRUM PFD | 59,073 | 54,725 | -4,348 | $1,126,517 | $1,029,933 | -$96,584 | 2026-05-04 |
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| Q1 2026 | NPFI
NUSHARES ETF TR | | NUVEEN PFD & INC | 9,416 | 8,776 | -640 | $246,664 | $226,128 | -$20,536 | 2026-05-04 |
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| Q4 2025 | PFF
ISHARES TR | | PFD AND INCM SEC | 599,314 | 564,909 | -34,405 | $18,950,312 | $17,489,578 | -$1,460,734 | 2026-02-13 |
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| Q4 2025 | PGF
INVESCO EXCHANGE TRADED FD T | | FINL PFD ETF | 62,775 | 62,375 | -400 | $917,765 | $881,976 | -$35,789 | 2026-02-13 |
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| Q3 2025 | FPE
FIRST TR EXCH TRADED FD III | | PFD SECS INC ETF | 519,573 | 486,546 | -33,027 | $9,248 | $8,874,591 | +$8,865,343 | 2025-11-14 |
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| Q3 2025 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 215,421 | 205,428 | -9,993 | $2,398 | $2,382,965 | +$2,380,567 | 2025-11-14 |
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| Q3 2025 | FPEI
FIRST TR EXCH TRADED FD III | | INSTL PFD SECS | 38,636 | 37,591 | -1,045 | $734 | $727,000 | +$726,266 | 2025-11-14 |
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| Q3 2025 | PSK
SPDR SERIES TRUST | | ICE PFD SEC ETF | 17,880 | 14,141 | -3,739 | $568 | $467,651 | +$467,083 | 2025-11-14 |
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| Q2 2025 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 398,596 | 215,421 | -183,175 | $4,472 | $2,398 | -$2,074 | 2025-08-14 |
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| Q2 2025 | PGF
INVESCO EXCHANGE TRADED FD T | | FINL PFD ETF | 76,035 | 61,724 | -14,311 | $1,086 | $871 | -$215 | 2025-08-14 |
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| Q2 2025 | VRP
INVESCO EXCH TRADED FD TR II | | VAR RATE PFD | 351,511 | 341,574 | -9,937 | $8,521 | $8,351 | -$170 | 2025-08-14 |
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| Q2 2025 | PSK
SPDR SERIES TRUST | | ICE PFD SEC ETF | 20,566 | 17,880 | -2,686 | $666 | $568 | -$98 | 2025-08-14 |
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| Q1 2025 | FPE
FIRST TR EXCH TRADED FD III | | PFD SECS INC ETF | 783,855 | 493,969 | -289,886 | $13,874 | $8,689 | -$5,185 | 2025-05-14 |
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| Q1 2025 | PFF
ISHARES TR | | PFD AND INCM SEC | 632,049 | 561,316 | -70,733 | $19,872 | $17,249 | -$2,623 | 2025-05-14 |
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| Q1 2025 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 497,337 | 398,596 | -98,741 | $5,734 | $4,472 | -$1,262 | 2025-05-14 |
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| Q1 2025 | PFFD
GLOBAL X FDS | | US PFD ETF | 319,984 | 304,892 | -15,092 | $6,243 | $5,805 | -$438 | 2025-05-14 |
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| Q1 2025 | VRP
INVESCO EXCH TRADED FD TR II | | VAR RATE PFD | 363,986 | 351,511 | -12,475 | $8,805 | $8,521 | -$284 | 2025-05-14 |
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| Q1 2025 | FPEI
FIRST TR EXCH TRADED FD III | | INSTL PFD SECS | 43,755 | 35,960 | -7,795 | $818 | $672 | -$146 | 2025-05-14 |
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| Q4 2024 | PFLD
ETF SER SOLUTIONS | | AAM LW DUR PFD | 9,942 | 9,772 | -170 | $211 | $201 | -$10 | 2025-02-13 |
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| Q3 2024 | PSK
SPDR SER TR | | ICE PFD SEC ETF | 29,896 | 18,619 | -11,277 | $1,014 | $664 | -$350 | 2024-11-15 |
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| Q3 2024 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 524,071 | 482,893 | -41,178 | $6,053 | $5,964 | -$89 | 2024-11-15 |
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| Q3 2024 | PFLD
ETF SER SOLUTIONS | | AAM LW DUR PFD | 13,197 | 9,942 | -3,255 | $277 | $211 | -$66 | 2024-11-15 |
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| Q2 2024 | PFF
ISHARES TR | | PFD AND INCM SEC | 575,022 | 525,074 | -49,948 | $18,533 | $16,566 | -$1,967 | 2024-08-14 |
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| Q2 2024 | FPE
FIRST TR EXCH TRADED FD III | | PFD SECS INC ETF | 729,070 | 692,943 | -36,127 | $12,627 | $12,029 | -$598 | 2024-08-14 |
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| Q2 2024 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 536,189 | 524,071 | -12,118 | $6,370 | $6,053 | -$317 | 2024-08-14 |
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| Q2 2024 | PFLD
ETF SER SOLUTIONS | | AAM LW DUR PFD | 27,236 | 13,197 | -14,039 | $576 | $277 | -$299 | 2024-08-14 |
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| Q2 2024 | FPEI
FIRST TR EXCH TRADED FD III | | INSTL PFD SECS | 21,298 | 13,416 | -7,882 | $388 | $246 | -$142 | 2024-08-14 |
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| Q2 2024 | PGF
INVESCO EXCHANGE TRADED FD T | | FINL PFD ETF | 67,584 | 66,735 | -849 | $1,030 | $983 | -$47 | 2024-08-14 |
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| Q1 2024 | PFLD
ETF SER SOLUTIONS | | AAM LW DUR PFD | 82,826 | 27,236 | -55,590 | $1,730 | $576 | -$1,154 | 2024-05-14 |
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| Q1 2024 | FPE
FIRST TR EXCH TRADED FD III | | PFD SECS INC ETF | 793,982 | 729,070 | -64,912 | $13,387 | $12,627 | -$760 | 2024-05-14 |
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| Q1 2024 | FPEI
FIRST TR EXCH TRADED FD III | | INSTL PFD SECS | 34,016 | 21,298 | -12,718 | $607 | $388 | -$219 | 2024-05-14 |
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| Q1 2024 | PGX
INVESCO EXCH TRADED FD TR II | | PFD ETF | 547,620 | 536,189 | -11,431 | $6,281 | $6,370 | +$89 | 2024-05-14 |
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| Q1 2024 | PGF
INVESCO EXCHANGE TRADED FD T | | FINL PFD ETF | 68,669 | 67,584 | -1,085 | $1,001 | $1,030 | +$29 | 2024-05-14 |
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