PGIM US Large-Cap Buffer 20 ETF

PBSE • BATS

PGIM US Large-Cap Buffer 20 ETF is an exchange-traded fund on BATS. As of Q3 2025, 8 institutional investors hold shares in this ETF, with total holdings valued at $26.4M. Richard P Slaughter Associates Inc is the largest holder with a position valued at $12.3M.

Overview

Overview of institutional ownership in PBSE as of Q3 2025

All Institutions

Institutions: 8
Value Held: $26.4M
Shares Held: 910.6K
Avg Position: $3.3M
Median Position: $2.0M

Hedge Funds

Hedge Funds: 0
Value Held: -
Shares Held: -
Avg Position: -
Median Position: -

Biggest Investors

Institutions with the largest positions in PBSE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Richard P Slaughter Associates Inc RIA/Wealth	Ann Michele Nowell President	$12.3M 2.64% of portfolio	423.9K shares	Q3 2025 Held for 2 months	$464.2M
PRUDENTIAL FINANCIAL INC Institution	Andrew F. Sullivan CEO	$5.3M 0.01% of portfolio	182.0K shares	Q2 2024 Held for 1y 5m	$84.1B
Spire Wealth Management RIA/Wealth	Andrew Jackson Armstrong Managing Partner	$3.2M 0.11% of portfolio	110.8K shares	Q3 2025 Held for 2 months	$2.9B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$2.4M 0.00% of portfolio	81.8K shares	Q2 2025 Held for 5 months	$71.1B
JIM SAULNIER & ASSOCIATES, LLC RIA/Wealth	James Henry Saulnier Managing Partner	$1.6M 1.05% of portfolio	55.8K shares	Q3 2025 Held for 2 months	$153.5M
American Asset Management Inc. RIA/Wealth	Julian Rubinstein CCO	$1.4M 1.22% of portfolio	46.8K shares	Q3 2025 Held for 2 months	$111.4M
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$227.1K 0.00% of portfolio	7.8K shares	Q3 2025 Held for 2 months	$310.43B
DHJJ Financial Advisors, Ltd. RIA/Wealth	Terrence John Cicero President	$44.8K 0.02% of portfolio	1.5K shares	Q3 2024 Held for 1y 2m	$291.4M
UBS Group AG Institution	Sergio P. Ermotti CEO	- 0.00% of portfolio	- shares	Q4 2024 Held for 11 months	$511.54B
Feltz Wealth PLAN Inc. RIA/Wealth	Sarah Faye Kennelly COO	- 0.00% of portfolio	- shares	Q2 2025 Held for 5 months	$663.6M

Net Capital Flow

Institutional buying and selling activity for PBSE in Q3 2025

Traded: +$20.0M
Buyers: 8
Sellers: 4
Total Bought: +$21.4M
Total Sold: −$1.3M
Avg Position: $2.2M

Biggest Buyers

Institution	Net Bought	Current Position
Richard P Slaughter Associates Inc RIA/Wealth	+$12.3M +423.9K shares	$12.3M 423.9K shares
Spire Wealth Management RIA/Wealth	+$3.2M +110.8K shares	$3.2M 110.8K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$2.1M +74.2K shares	$2.4M 81.8K shares
JIM SAULNIER & ASSOCIATES, LLC RIA/Wealth	+$1.6M +55.8K shares	$1.6M 55.8K shares
American Asset Management Inc. RIA/Wealth	+$1.4M +46.8K shares	$1.4M 46.8K shares
PRUDENTIAL FINANCIAL INC Institution	+$546.9K +18.9K shares	$5.3M 182.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$227.1K +7.8K shares	$227.1K 7.8K shares
DHJJ Financial Advisors, Ltd. RIA/Wealth	+$16.3K +563.0 shares	$44.8K 1.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
W WealthPlan Investment Management, LLC RIA/Wealth	−$852.1K −30.7K shares	Sold Off 0 shares
Feltz Wealth PLAN Inc. RIA/Wealth	−$291.0K −10.5K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$199.2K −7.2K shares	Sold Off 0 shares
UBS Group AG Institution	−$28.0 −1.0 shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PBSE in Q3 2025

New Positions: 5
New Value: $18.7M
Exited Positions: 4
Exited Value: $1.3M

New Positions

Institution	Position Value
Richard P Slaughter Associates Inc RIA/Wealth	$12.3M 423.9K shares
Spire Wealth Management RIA/Wealth	$3.2M 110.8K shares
JIM SAULNIER & ASSOCIATES, LLC RIA/Wealth	$1.6M 55.8K shares
American Asset Management Inc. RIA/Wealth	$1.4M 46.8K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$227.1K 7.8K shares

Exited Positions

Institution	Previous Position
W WealthPlan Investment Management, LLC RIA/Wealth	$852.1K 30.7K shares
Feltz Wealth PLAN Inc. RIA/Wealth	$291.0K 10.5K shares
R ROYAL BANK OF CANADA Institution	$199.2K 7.2K shares
UBS Group AG Institution	$28.0 1.0 shares

Options Activity

Institutions with the largest Call and Put options positions in PBSE as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with PBSE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Richard P Slaughter Associates Inc RIA/Wealth	Ann Michele Nowell President	2.64% $12.3M	423.9K shares	Q3 2025 Held for 2 months	$464.2M
American Asset Management Inc. RIA/Wealth	Julian Rubinstein CCO	1.22% $1.4M	46.8K shares	Q3 2025 Held for 2 months	$111.4M
JIM SAULNIER & ASSOCIATES, LLC RIA/Wealth	James Henry Saulnier Managing Partner	1.05% $1.6M	55.8K shares	Q3 2025 Held for 2 months	$153.5M
Spire Wealth Management RIA/Wealth	Andrew Jackson Armstrong Managing Partner	0.11% $3.2M	110.8K shares	Q3 2025 Held for 2 months	$2.9B
DHJJ Financial Advisors, Ltd. RIA/Wealth	Terrence John Cicero President	0.02% $44.8K	1.5K shares	Q3 2024 Held for 1y 2m	$291.4M
PRUDENTIAL FINANCIAL INC Institution	Andrew F. Sullivan CEO	0.01% $5.3M	182.0K shares	Q2 2024 Held for 1y 5m	$84.1B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	0.00% $2.4M	81.8K shares	Q2 2025 Held for 5 months	$71.1B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	0.00% $227.1K	7.8K shares	Q3 2025 Held for 2 months	$310.43B
UBS Group AG Institution	Sergio P. Ermotti CEO	0.00% -	- shares	Q4 2024 Held for 11 months	$511.54B
Feltz Wealth PLAN Inc. RIA/Wealth	Sarah Faye Kennelly COO	0.00% -	- shares	Q2 2025 Held for 5 months	$663.6M