Strategy Holding Leads VanEck Preferred ETF at $161.2 Million

A Strategy Inc. preferred stock position was the largest individual holding in the VanEck Preferred Securities ex Financials ETF (PFXF) on Nov. 5, accounting for 7.60% of the fund’s net assets.

The position was valued at $161,183,687. PFXF listed three other Strategy holdings, bringing the combined value of its four Strategy positions to about $219.9 million. The largest position’s value represents one holding, not the fund’s total exposure to Strategy.

Strategy Executive Chairman Michael Saylor previously amplified a post claiming STRC led both PFXF and BlackRock’s iShares Preferred and Income Securities ETF (PFF). The Nov. 5 PFXF figures establish the ranking of a Strategy holding within that fund; they do not identify the holding’s share-class ticker.