We are live on ! Find out more
PREF icon

Principal Spectrum Preferred Securities Active ETF

72 hedge funds and large institutions have $297M invested in Principal Spectrum Preferred Securities Active ETF in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 7

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

17% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 23

13% more funds holding

Funds holding: 6472 (+8)

8% more capital invested

Capital invested by funds: $274M → $297M (+$23M)

0.39% less ownership

Funds ownership: 65.97%65.59% (-0.39%)

Holders
72
Holders Change
+8
Holders Change %
+12.5%
% of All Funds
1.11%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
27
Reduced
23
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FIM
26
Freedom Investment Management
Connecticut
$2.23M -$94.5K -4,635 -4%
NA
27
NewEdge Advisors
Louisiana
$2.07M +$498K +24,439 +31%
MIA
28
MainStreet Investment Advisors
Illinois
$1.98M -$310K -15,219 -13%
USAA
29
United Services Automobile Association
Texas
$1.98M -$310K -15,219 -13%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$1.85M -$63.6K -3,117 -3%
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$1.79M +$926K +45,402 +106%
ARG
32
Advisory Resource Group
Oklahoma
$1.52M +$117K +5,738 +8%
DP
33
Dearborn Partners
Illinois
$1.47M -$8.59K -421 -0.6%
CIBC Private Wealth Group
34
CIBC Private Wealth Group
Georgia
$1.43M
Stifel Financial
35
Stifel Financial
Missouri
$1.36M +$1.37M +67,148 New
WJA
36
Willis Johnson & Associates
Texas
$1.27M +$44.7K +2,191 +4%
BEI
37
Benjamin Edwards Inc
Missouri
$1.26M +$43.3K +2,121 +4%
PAG
38
Private Advisor Group
New Jersey
$1.24M -$24.5K -1,199 -2%
APA
39
American Portfolios Advisors
New York
$1.16M -$34.5K -1,690 -3%
OMC
40
Old Mission Capital
Illinois
$1.08M +$1.09M +53,283 New
Commonwealth Equity Services
41
Commonwealth Equity Services
Massachusetts
$921K -$132K -6,485 -12%
JWCA
42
J.W. Cole Advisors
Florida
$857K +$862K +42,250 New
PFPT
43
Pinnacle Financial Partners (Tennessee)
Tennessee
$812K -$132K -6,459 -14%
XF
44
XML Financial
Maryland
$544K -$10.3K -507 -2%
CIAS
45
Capital Investment Advisory Services
North Carolina
$468K +$13.9K +684 +3%
EH
46
Equitable Holdings
New York
$453K +$428 +21 +0.1%
DC
47
Davenport & Co
Virginia
$376K +$9.69K +475 +3%
KAS
48
Kestra Advisory Services
Texas
$366K +$26.1K +1,282 +8%
Citadel Advisors
49
Citadel Advisors
Florida
$354K -$328K -16,099 -48%
MFC
50
Mechanics Financial Corp
Ohio
$352K +$354K +17,355 New

PREF Hedge Fund Activity: Q4 2021 in Review

72 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q4 2021, worth a combined $297M — up 8.4% from $274M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PREF positions and 7 closed out — a net gain of 9 holders — while 27 added to existing stakes and 23 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $9.92M. The largest seller was Wells Fargo, cutting an estimated $6.87M.

  • 72 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q4 2021, up from 64 in Q3 2021.
  • Funds reported $297M of Principal Spectrum Preferred Securities Active ETF stock for Q4 2021, up 8.4% quarter-over-quarter.
  • 16 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q4 2021 and 7 closed out, a net change of +9 holders.
  • The largest Principal Spectrum Preferred Securities Active ETF buyer in Q4 2021 was Morgan Stanley, an estimated $9.92M added.
  • The largest Principal Spectrum Preferred Securities Active ETF seller in Q4 2021 was Wells Fargo, an estimated $6.87M sold.

Based on aggregated 13F filings for Q4 2021.