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Principal Spectrum Preferred Securities Active ETF

69 hedge funds and large institutions have $232M invested in Principal Spectrum Preferred Securities Active ETF in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.29% more ownership

Funds ownership: 62.73%67.02% (+4.3%)

4% less capital invested

Capital invested by funds: $241M → $232M (-$9.24M)

3% less funds holding

Funds holding: 7169 (-2)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

27% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 30

Holders
69
Holders Change
-2
Holders Change %
-2.82%
% of All Funds
1.16%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
22
Reduced
30
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ARC
51
Advisor Resource Council
Texas
$233K +$243K +13,488 New
Principal Financial Group
52
Principal Financial Group
Iowa
$210K +$220K +12,193 New
First Manhattan
53
First Manhattan
New York
$207K
WC
54
Whitney & Co
New York
$200K -$51.2K -2,840 -20%
GWM
55
Greenwich Wealth Management
Connecticut
$193K +$201K +11,163 New
Carson Wealth (CWM LLC)
56
Carson Wealth (CWM LLC)
Nebraska
$163K
Rockefeller Capital Management
57
Rockefeller Capital Management
New York
$105K +$360 +20 +0.3%
CAPTRUST Financial Advisors
58
CAPTRUST Financial Advisors
North Carolina
$84K
PTC
59
Private Trust Company
Ohio
$57K +$59.4K +3,296 New
PNC Financial Services Group
60
PNC Financial Services Group
Pennsylvania
$56K +$13.1K +728 +29%
IWP
61
IAG Wealth Partners
Wisconsin
$21K
SWM
62
SeaCrest Wealth Management
New York
$18K +$18.6K +1,035 New
GRP
63
Global Retirement Partners
California
$15K +$54 +3 +0.3%
MPWT
64
MassMutual Private Wealth & Trust
Connecticut
$13K +$13.3K +740 New
JP Morgan Chase
65
JP Morgan Chase
New York
$12K +$12.9K +715 New
CA
66
CoreCap Advisors
Michigan
$9K +$9.46K +525 New
IA
67
IFP Advisors
Florida
$1K
FHA
68
First Horizon Advisors
Tennessee
$1K +$1.14K +63 New
FGAM
69
Financial Gravity Asset Management
Texas
$480 -$72 -4 -11%
CIBC Private Wealth Group
70
CIBC Private Wealth Group
Georgia
-$1.34M -70,733 Closed
OMC
71
Old Mission Capital
Illinois
-$805K -42,384 Closed
RJT
72
Raymond James Trust
Florida
-$208K -10,979 Closed
BAM
73
Belpointe Asset Management
Nevada
-$202K -10,650 Closed
AWM
74
Avior Wealth Management
Nebraska
-$138K -7,277 Closed
PB
75
Pinnacle Bancorp
Nebraska
-$138K -7,277 Closed

PREF Hedge Fund Activity: Q2 2022 in Review

69 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q2 2022, worth a combined $232M — down 3.8% from $241M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PREF and 10 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 22 added.

The largest buyer was Jane Street, adding an estimated $28.4M. The largest seller was Morgan Stanley, cutting an estimated $8.84M.

  • 69 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q2 2022, down from 71 in Q1 2022.
  • Funds reported $232M of Principal Spectrum Preferred Securities Active ETF stock for Q2 2022, down 3.8% quarter-over-quarter.
  • 10 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q2 2022 and 12 closed out, a net change of -2 holders.
  • The largest Principal Spectrum Preferred Securities Active ETF buyer in Q2 2022 was Jane Street, an estimated $28.4M added.
  • The largest Principal Spectrum Preferred Securities Active ETF seller in Q2 2022 was Morgan Stanley, an estimated $8.84M sold.

Based on aggregated 13F filings for Q2 2022.