Principal Spectrum Preferred Securities Active ETF
PREF
33 hedge funds and large institutions have $69.9M invested in Principal Spectrum Preferred Securities Active ETF in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 0 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
91.1% more ownership
Funds ownership: 607.74% → 698.84% (+91%)
38% more funds holding
Funds holding: 24 → 33 (+9)
16% more capital invested
Capital invested by funds: $60M → $69.9M (+$9.85M)
Top Buyers
| 1 |
Jane Street
New York
|
+$2.29M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$806K |
| 3 |
Bank of New York Mellon
New York
|
+$688K |
| 4 |
LPL Financial
San Diego,
California
|
+$656K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$638K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
26
Carroll Financial Associates
Charlotte,
North Carolina
| $129K | +$20.5K | +1,020 | +19% |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $121K | – | – | – |
|
|
GRP
28
Global Retirement Partners
San Rafael,
California
| $56K | -$3.91K | -195 | -7% |
|
|
WB
29
West Bancorporation
West Des Moines,
Iowa
| $40K | +$40.1K | +2,000 | New |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $23K | -$14.7K | -735 | -39% |
|
|
PFGIA
31
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $13K | – | – | – |
|
32
Morgan Stanley
New York
| $10K | – | – | – |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
PREF Hedge Fund Activity: Q4 2019 in Review
33 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q4 2019, worth a combined $69.9M — up 16% from $60M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PREF positions and 0 closed out — a net gain of 10 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.29M. The largest seller was Bank of America, cutting an estimated $304K.
- 33 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q4 2019, up from 24 in Q3 2019.
- Funds reported $69.9M of Principal Spectrum Preferred Securities Active ETF stock for Q4 2019, up 16% quarter-over-quarter.
- 10 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q4 2019 and 0 closed out, a net change of +10 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q4 2019 was Jane Street, an estimated $2.29M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q4 2019 was Bank of America, an estimated $304K sold.
Based on aggregated 13F filings for Q4 2019.