We are live on ! Find out more
PREF icon

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
OPS
51
Orion Portfolio Solutions
Nebraska
$270K -$6.07K -313 -2%
First Manhattan
52
First Manhattan
New York
$227K
RJT
53
Raymond James Trust
Florida
$208K +$213K +10,979 New
BAM
54
Belpointe Asset Management
Nevada
$202K -$28.1K -1,448 -12%
Carson Wealth (CWM LLC)
55
Carson Wealth (CWM LLC)
Nebraska
$179K
AWM
56
Avior Wealth Management
Nebraska
$138K +$141K +7,277 New
PB
57
Pinnacle Bancorp
Nebraska
$138K +$141K +7,277 New
Rockefeller Capital Management
58
Rockefeller Capital Management
New York
$115K -$427 -22 -0.4%
CAPTRUST Financial Advisors
59
CAPTRUST Financial Advisors
North Carolina
$92K
Osaic Holdings
60
Osaic Holdings
Arizona
$67K +$51.7K +2,663 +0.8%
SPIA
61
Steward Partners Investment Advisory
New York
$47K
PNC Financial Services Group
62
PNC Financial Services Group
Pennsylvania
$47K +$33.7K +1,738 +232%
CA
63
Clearstead Advisors
Ohio
$46K
PFS
64
Prospera Financial Services
Texas
$28K +$28.1K +1,450 New
IWP
65
IAG Wealth Partners
Wisconsin
$24K
US Bancorp
66
US Bancorp
Minnesota
$17K +$17.8K +915 New
GRP
67
Global Retirement Partners
California
$15K +$17K +876 New
GWM
68
Geneos Wealth Management
Colorado
$5K +$5.36K +276 New
IA
69
IFP Advisors
Florida
$1K -$26.7K -1,374 -99%
FGAM
70
Financial Gravity Asset Management
Texas
$599 -$4.7K -242 -86%
CWG
71
Cornerstone Wealth Group
North Carolina
-$20.7M -1,021,885 Closed
ARC
72
Advisor Resource Council
Texas
-$287K -14,128 Closed
WB
73
West Bancorporation
Iowa
-$276K -13,588 Closed
CWAF
74
Core Wealth Advisors (Florida)
Florida
-$181K -8,926 Closed
Northwestern Mutual Wealth Management
75
Northwestern Mutual Wealth Management
Wisconsin
-$21K -1,015 Closed

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.