Principal Spectrum Preferred and Income ETF
PQDI
10 hedge funds and large institutions have $63M invested in Principal Spectrum Preferred and Income ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
49% more capital invested
Capital invested by funds: $42.4M → $63M (+$20.6M)
11% more funds holding
Funds holding: 9 → 10 (+1)
8.66% less ownership
Funds ownership: 117.32% → 108.66% (-8.7%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.3M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$421K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$22K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.52K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$772K |
| 2 |
PS
Principal Securities
Des Moines,
Iowa
|
-$431K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$18.8K |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
-$2.48K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Principal Financial Group
Des Moines,
Iowa
| $40M | +$20.3M | +1,071,811 | +108% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $9.46M | -$772K | -40,684 | -8% |
|
|
PS
3
Principal Securities
Des Moines,
Iowa
| $9.38M | -$431K | -22,737 | -4% |
|
|
4
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| $3.08M | +$421K | +22,188 | +16% |
|
|
HIA
5
Harbor Investment Advisory
Lutherville,
Maryland
| $580K | – | – | – |
|
|
CIAS
6
Capital Investment Advisory Services
Raleigh,
North Carolina
| $515K | -$18.8K | -992 | -4% |
|
|
7
UBS Group
Zurich,
Switzerland
| $22.4K | +$22K | +1,160 | New |
|
|
CA
8
CoreCap Advisors
Southfield,
Michigan
| $11K | – | – | – |
|
|
9
Raymond James Financial
St Petersburg,
Florida
| $2.57K | +$2.52K | +133 | New |
|
10
Morgan Stanley
New York
| $31 | – | – | – |
|
|
11
Jones Financial Companies
Des Peres,
Missouri
| – | -$2.48K | -130 | Closed |
|
PQDI Hedge Fund Activity: Q2 2025 in Review
10 of the 7,598 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred and Income ETF (PQDI) for Q2 2025, worth a combined $63M — up 49% from $42.4M 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 3 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $20.3M. The largest seller was Envestnet Asset Management, cutting an estimated $772K.
- 10 institutional investors held Principal Spectrum Preferred and Income ETF (PQDI) as of Q2 2025, up from 9 in Q1 2025.
- Funds reported $63M of Principal Spectrum Preferred and Income ETF stock for Q2 2025, up 49% quarter-over-quarter.
- 2 funds opened new Principal Spectrum Preferred and Income ETF positions in Q2 2025 and 1 closed out, a net change of +1 holder.
- The largest Principal Spectrum Preferred and Income ETF buyer in Q2 2025 was Principal Financial Group, an estimated $20.3M added.
- The largest Principal Spectrum Preferred and Income ETF seller in Q2 2025 was Envestnet Asset Management, an estimated $772K sold.
Based on aggregated 13F filings for Q2 2025.