Principal Spectrum Preferred and Income ETF
PQDI
10 hedge funds and large institutions have $23.5M invested in Principal Spectrum Preferred and Income ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
19% more capital invested
Capital invested by funds: $19.7M → $23.5M (+$3.81M)
11% more funds holding
Funds holding: 9 → 10 (+1)
2.51% more ownership
Funds ownership: 94.36% → 96.88% (+2.5%)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.47M |
| 2 |
Jane Street
New York
|
+$689K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$376K |
| 4 |
PS
Principal Securities
Des Moines,
Iowa
|
+$2.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$151K |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$151K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$26.8K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.3K |
| 5 |
Morgan Stanley
New York
|
-$764 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Principal Financial Group
Des Moines,
Iowa
| $18.6M | – | – | – |
|
|
2
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| $2.5M | +$2.47M | +134,209 | New |
|
|
3
Jane Street
New York
| $1.08M | +$689K | +37,504 | +182% |
|
|
CIAS
4
Capital Investment Advisory Services
Raleigh,
North Carolina
| $451K | -$26.8K | -1,459 | -6% |
|
|
5
Truist Financial
Charlotte,
North Carolina
| $380K | +$376K | +20,453 | New |
|
|
BCI
6
Brinker Capital Investments
Berwyn,
Pennsylvania
| $228K | -$151K | -8,225 | -40% |
|
|
OPS
7
Orion Portfolio Solutions
Omaha,
Nebraska
| $228K | -$151K | -8,225 | -40% |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $32.7K | -$1.3K | -71 | -4% |
|
|
PS
9
Principal Securities
Des Moines,
Iowa
| $14.8K | +$2.41K | +131 | +20% |
|
10
UBS Group
Zurich,
Switzerland
| $821 | -$735 | -40 | -48% |
|
|
11
Morgan Stanley
New York
| – | -$764 | -42 | Closed |
|
PQDI Hedge Fund Activity: Q1 2024 in Review
10 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred and Income ETF (PQDI) for Q1 2024, worth a combined $23.5M — up 19% from $19.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PQDI positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $2.47M. The largest seller was Brinker Capital Investments, cutting an estimated $151K.
- 10 institutional investors held Principal Spectrum Preferred and Income ETF (PQDI) as of Q1 2024, up from 9 in Q4 2023.
- Funds reported $23.5M of Principal Spectrum Preferred and Income ETF stock for Q1 2024, up 19% quarter-over-quarter.
- 2 funds opened new Principal Spectrum Preferred and Income ETF positions in Q1 2024 and 1 closed out, a net change of +1 holder.
- The largest Principal Spectrum Preferred and Income ETF buyer in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $2.47M added.
- The largest Principal Spectrum Preferred and Income ETF seller in Q1 2024 was Brinker Capital Investments, an estimated $151K sold.
Based on aggregated 13F filings for Q1 2024.