Principal Spectrum Preferred and Income ETF
PQDI
9 hedge funds and large institutions have $22.2M invested in Principal Spectrum Preferred and Income ETF in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
5% less capital invested
Capital invested by funds: $23.5M → $22.2M (-$1.25M)
5.57% less ownership
Funds ownership: 96.88% → 91.31% (-5.6%)
10% less funds holding
Funds holding: 10 → 9 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIA
Harbor Investment Advisory
Lutherville,
Maryland
|
+$464K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$186K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$41.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$23.9K |
| 5 |
Morgan Stanley
New York
|
+$19 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.08M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$380K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$228K |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$228K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Principal Financial Group
Des Moines,
Iowa
| $18.7M | – | – | – |
|
|
2
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| $2.39M | -$120K | -6,463 | -5% |
|
|
CIAS
3
Capital Investment Advisory Services
Raleigh,
North Carolina
| $495K | +$41.5K | +2,233 | +9% |
|
|
HIA
4
Harbor Investment Advisory
Lutherville,
Maryland
| $469K | +$464K | +25,000 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $188K | +$186K | +10,025 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $24.9K | +$23.9K | +1,285 | +2,920% |
|
|
PS
7
Principal Securities
Des Moines,
Iowa
| $14.8K | – | – | – |
|
8
Osaic Holdings
Scottsdale,
Arizona
| $2.87K | -$29.7K | -1,600 | -91% |
|
|
9
Morgan Stanley
New York
| $29 | +$19 | +1 | New |
|
|
10
Jane Street
New York
| – | -$1.08M | -58,061 | Closed |
|
|
11
Truist Financial
Charlotte,
North Carolina
| – | -$380K | -20,453 | Closed |
|
|
BCI
12
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$228K | -12,215 | Closed |
|
|
OPS
13
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$228K | -12,215 | Closed |
|
PQDI Hedge Fund Activity: Q2 2024 in Review
9 of the 6,927 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred and Income ETF (PQDI) for Q2 2024, worth a combined $22.2M — down 5.3% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PQDI and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Harbor Investment Advisory, opening a new position worth an estimated $464K. The largest seller was Jane Street, exiting entirely with an estimated $1.08M sold.
- 9 institutional investors held Principal Spectrum Preferred and Income ETF (PQDI) as of Q2 2024, down from 10 in Q1 2024.
- Funds reported $22.2M of Principal Spectrum Preferred and Income ETF stock for Q2 2024, down 5.3% quarter-over-quarter.
- 3 funds opened new Principal Spectrum Preferred and Income ETF positions in Q2 2024 and 4 closed out, a net change of -1 holder.
- The largest Principal Spectrum Preferred and Income ETF buyer in Q2 2024 was Harbor Investment Advisory, an estimated $464K added.
- The largest Principal Spectrum Preferred and Income ETF seller in Q2 2024 was Jane Street, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2024.