Principal Spectrum Preferred Securities Active ETF
PREF
130 hedge funds and large institutions have $1.12B invested in Principal Spectrum Preferred Securities Active ETF in 2026 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 37 reducing their positions, and 16 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 37
2% more capital invested
Capital invested by funds: $1.1B → $1.12B (+$24.9M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.52% less ownership
Funds ownership: 78.24% → 77.72% (-0.52%)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 133 → 130 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$10.6M |
| 2 |
LAM
L2 Asset Management
Wayland,
Massachusetts
|
+$10.2M |
| 3 |
Morgan Stanley
New York
|
+$10.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.38M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Permanens Capital
New York
|
-$16.6M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$11.2M |
| 3 |
TWP
Tyche Wealth Partners
Plano,
Texas
|
-$7.32M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.99M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.84M |
PREF Hedge Fund Activity: Q1 2026 in Review
130 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q1 2026, worth a combined $1.12B — up 2.3% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PREF and 15 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 57 added.
The largest buyer was UBS Group, adding an estimated $10.6M. The largest seller was Permanens Capital, cutting an estimated $16.6M.
- 130 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q1 2026, down from 133 in Q4 2025.
- Funds reported $1.12B of Principal Spectrum Preferred Securities Active ETF stock for Q1 2026, up 2.3% quarter-over-quarter.
- 15 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q1 2026 and 16 closed out, a net change of -1 holder.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q1 2026 was UBS Group, an estimated $10.6M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q1 2026 was Permanens Capital, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2026.