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Principal Spectrum Preferred Securities Active ETF

71 hedge funds and large institutions have $241M invested in Principal Spectrum Preferred Securities Active ETF in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 26

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

1% less funds holding

Funds holding: 7271 (-1)

2.85% less ownership

Funds ownership: 65.59%62.73% (-2.9%)

19% less capital invested

Capital invested by funds: $297M → $241M (-$55.5M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
71
Holders Change
-1
Holders Change %
-1.39%
% of All Funds
1.12%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
28
Reduced
26
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIA
26
Realta Investment Advisors
Delaware
$1.71M -$438K -22,588 -20%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$1.66M -$16.1K -832 -0.9%
BEI
28
Benjamin Edwards Inc
Missouri
$1.63M +$460K +23,722 +38%
Stifel Financial
29
Stifel Financial
Missouri
$1.57M +$302K +15,582 +23%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$1.56M -$174K -8,954 -10%
ARG
31
Advisory Resource Group
Oklahoma
$1.46M +$1.13K +58 +0.1%
CIBC Private Wealth Group
32
CIBC Private Wealth Group
Georgia
$1.34M
FIM
33
Freedom Investment Management
Connecticut
$1.19M -$921K -47,444 -43%
PAG
34
Private Advisor Group
New Jersey
$1.18M +$25.1K +1,291 +2%
APA
35
American Portfolios Advisors
New York
$1.16M +$81.1K +4,180 +7%
Jane Street
36
Jane Street
New York
$1.05M -$7.41M -382,126 -87%
UB
37
UMB Bank
Missouri
$866K +$855K +44,054 +2,831%
JWCA
38
J.W. Cole Advisors
Florida
$822K +$20.5K +1,056 +2%
Commonwealth Equity Services
39
Commonwealth Equity Services
Massachusetts
$806K -$57.4K -2,960 -7%
OMC
40
Old Mission Capital
Illinois
$805K -$211K -10,899 -20%
PFPT
41
Pinnacle Financial Partners (Tennessee)
Tennessee
$778K +$18.3K +944 +2%
AWM
42
Activest Wealth Management
Florida
$504K -$4.34M -223,780 -89%
XF
43
XML Financial
Maryland
$492K -$18K -927 -3%
CIAS
44
Capital Investment Advisory Services
North Carolina
$434K -$4.27K -220 -1%
EH
45
Equitable Holdings
New York
$424K +$78 +4 +0%
DC
46
Davenport & Co
Virginia
$419K +$67.5K +3,480 +19%
FIA
47
Foundations Investment Advisors
Arizona
$365K +$111K +5,744 +42%
KAS
48
Kestra Advisory Services
Texas
$335K -$7.3K -376 -2%
MFC
49
Mechanics Financial Corp
Ohio
$330K
WC
50
Whitney & Co
New York
$274K +$280K +14,440 New

PREF Hedge Fund Activity: Q1 2022 in Review

71 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q1 2022, worth a combined $241M — down 19% from $297M a quarter earlier.

Fund positioning in PREF was balanced in Q1 2022: 9 funds opened new positions, 9 closed out, 28 added to existing stakes and 26 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $9.17M. The largest seller was Cornerstone Wealth Group, exiting entirely with an estimated $20.7M sold.

  • 71 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q1 2022, down from 72 in Q4 2021.
  • Funds reported $241M of Principal Spectrum Preferred Securities Active ETF stock for Q1 2022, down 19% quarter-over-quarter.
  • 9 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q1 2022 and 9 closed out, a net change of 0 holders.
  • The largest Principal Spectrum Preferred Securities Active ETF buyer in Q1 2022 was Citadel Advisors, an estimated $9.17M added.
  • The largest Principal Spectrum Preferred Securities Active ETF seller in Q1 2022 was Cornerstone Wealth Group, an estimated $20.7M sold.

Based on aggregated 13F filings for Q1 2022.