Principal Spectrum Preferred Securities Active ETF
PREF
56 hedge funds and large institutions have $208M invested in Principal Spectrum Preferred Securities Active ETF in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
32% more capital invested
Capital invested by funds: $157M → $208M (+$50.9M)
22% more funds holding
Funds holding: 46 → 56 (+10)
3.06% more ownership
Funds ownership: 63.7% → 66.75% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$13.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.83M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.45M |
| 4 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$4.95M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.2M |
Top Sellers
| 1 |
Jane Street
New York
|
-$1.03M |
| 2 |
CWG
Cornerstone Wealth Group
Huntersville,
North Carolina
|
-$999K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$521K |
| 4 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$316K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$227K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $50.1K | +$50.5K | +2,458 | New |
|
|
AWA
52
Arkadios Wealth Advisors
Atlanta,
Georgia
| $31K | +$31.4K | +1,531 | New |
|
53
Rockefeller Capital Management
New York
| $18K | +$62 | +3 | +0.3% |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $15K | +$15.4K | +750 | New |
|
|
AIC
55
Ameritas Investment Company
Lincoln,
Nebraska
| $11.7K | +$11.8K | +574 | New |
|
|
FHA
56
First Horizon Advisors
Memphis,
Tennessee
| $1K | +$1.29K | +63 | New |
|
|
57
Citadel Advisors
Miami,
Florida
| – | -$521K | -25,179 | Closed |
|
|
KAS
58
Kestra Advisory Services
Austin,
Texas
| – | -$227K | -10,975 | Closed |
|
|
TF
59
Trek Financial
Scottsdale,
Arizona
| – | -$223K | -10,765 | Closed |
|
|
MCM
60
McMillion Capital Management
Greensboro,
North Carolina
| – | -$7K | -336 | Closed |
|
|
BFEC
61
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$6K | -280 | Closed |
|
PREF Hedge Fund Activity: Q1 2021 in Review
56 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q1 2021, worth a combined $208M — up 32% from $157M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PREF positions and 5 closed out — a net gain of 10 holders — while 27 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.5M. The largest seller was Jane Street, cutting an estimated $1.03M.
- 56 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q1 2021, up from 46 in Q4 2020.
- Funds reported $208M of Principal Spectrum Preferred Securities Active ETF stock for Q1 2021, up 32% quarter-over-quarter.
- 15 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q1 2021 and 5 closed out, a net change of +10 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q1 2021 was Morgan Stanley, an estimated $13.5M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q1 2021 was Jane Street, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2021.