Principal Spectrum Preferred and Income ETF
PQDI
6 hedge funds and large institutions have $3.28M invested in Principal Spectrum Preferred and Income ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
2.51% more ownership
Funds ownership: 91.75% → 94.26% (+2.5%)
83% less capital invested
Capital invested by funds: $19M → $3.28M (-$15.8M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$405K |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$405K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$516K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$14.4K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$402 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Principal Financial Group
Des Moines,
Iowa
| $1.74M | – | – | – |
|
|
2
Jane Street
New York
| $530K | -$516K | -28,220 | -48% |
|
|
BCI
3
Brinker Capital Investments
Berwyn,
Pennsylvania
| $387K | +$405K | +22,154 | New |
|
|
OPS
4
Orion Portfolio Solutions
Omaha,
Nebraska
| $387K | +$405K | +22,154 | New |
|
|
CIAS
5
Capital Investment Advisory Services
Raleigh,
North Carolina
| $238K | +$249K | +13,620 | New |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $3.91K | -$402 | -22 | -9% |
|
7
Wells Fargo
San Francisco,
California
| $6 | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$14.4K | -799 | Closed |
|
PQDI Hedge Fund Activity: Q1 2023 in Review
6 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred and Income ETF (PQDI) for Q1 2023, worth a combined $3.28M — down 83% from $19M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PQDI positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $405K. The largest seller was Jane Street, cutting an estimated $516K.
- 6 institutional investors held Principal Spectrum Preferred and Income ETF (PQDI) as of Q1 2023, up from 4 in Q4 2022.
- Funds reported $3.28M of Principal Spectrum Preferred and Income ETF stock for Q1 2023, down 83% quarter-over-quarter.
- 3 funds opened new Principal Spectrum Preferred and Income ETF positions in Q1 2023 and 1 closed out, a net change of +2 holders.
- The largest Principal Spectrum Preferred and Income ETF buyer in Q1 2023 was Brinker Capital Investments, an estimated $405K added.
- The largest Principal Spectrum Preferred and Income ETF seller in Q1 2023 was Jane Street, an estimated $516K sold.
Based on aggregated 13F filings for Q1 2023.