Principal Spectrum Preferred and Income ETF
PQDI
10 hedge funds and large institutions have $43M invested in Principal Spectrum Preferred and Income ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 2 closing their positions.
93% more capital invested
Capital invested by funds: $22.2M → $43M (+$20.7M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
22.8% more ownership
Funds ownership: 91.31% → 114.1% (+23%)
11% more funds holding
Funds holding: 9 → 10 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.47M |
| 2 |
PS
Principal Securities
Des Moines,
Iowa
|
+$9.31M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$537K |
| 4 |
Jane Street
New York
|
+$420K |
| 5 |
HIA
Harbor Investment Advisory
Lutherville,
Maryland
|
+$94.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$188K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$24.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Principal Financial Group
Des Moines,
Iowa
| $19.2M | – | – | – |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $9.66M | +$9.47M | +500,170 | New |
|
|
PS
3
Principal Securities
Des Moines,
Iowa
| $9.51M | +$9.31M | +491,627 | +62,074% |
|
4
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| $2.48M | +$9.92K | +524 | +0.4% |
|
|
HIA
5
Harbor Investment Advisory
Lutherville,
Maryland
| $579K | +$94.6K | +5,000 | +20% |
|
|
6
Citadel Advisors
Miami,
Florida
| $548K | +$537K | +28,395 | New |
|
|
CIAS
7
Capital Investment Advisory Services
Raleigh,
North Carolina
| $538K | +$27.6K | +1,458 | +6% |
|
|
8
Jane Street
New York
| $428K | +$420K | +22,191 | New |
|
9
Osaic Holdings
Scottsdale,
Arizona
| $2.95K | – | – | – |
|
10
Morgan Stanley
New York
| $29 | – | – | – |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$188K | -10,025 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$24.9K | -1,329 | Closed |
|
PQDI Hedge Fund Activity: Q3 2024 in Review
10 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred and Income ETF (PQDI) for Q3 2024, worth a combined $43M — up 93% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PQDI positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 0 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $9.47M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $188K sold.
- 10 institutional investors held Principal Spectrum Preferred and Income ETF (PQDI) as of Q3 2024, up from 9 in Q2 2024.
- Funds reported $43M of Principal Spectrum Preferred and Income ETF stock for Q3 2024, up 93% quarter-over-quarter.
- 3 funds opened new Principal Spectrum Preferred and Income ETF positions in Q3 2024 and 2 closed out, a net change of +1 holder.
- The largest Principal Spectrum Preferred and Income ETF buyer in Q3 2024 was Envestnet Asset Management, an estimated $9.47M added.
- The largest Principal Spectrum Preferred and Income ETF seller in Q3 2024 was Royal Bank of Canada, an estimated $188K sold.
Based on aggregated 13F filings for Q3 2024.