Principal Spectrum Preferred Securities Active ETF
PREF
104 hedge funds and large institutions have $816M invested in Principal Spectrum Preferred Securities Active ETF in 2024 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 24 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
108% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 24
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more funds holding
Funds holding: 92 → 104 (+12)
11% more capital invested
Capital invested by funds: $732M → $816M (+$83.4M)
1.21% more ownership
Funds ownership: 75.83% → 77.04% (+1.2%)
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$22.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$16.9M |
| 3 |
Morgan Stanley
New York
|
+$15M |
| 4 |
B
Bensler
Bellevue,
Washington
|
+$8.16M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$4.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
101
Geneos Wealth Management
Englewood,
Colorado
| $14.8K | – | – | – |
|
|
CIA
102
Cape Investment Advisory
Mcdonough,
Georgia
| $11.6K | +$11.7K | +623 | New |
|
|
MHR
103
Matthew Hamilton Rosenberg
| $9.21K | – | – | – |
|
104
BNP Paribas Financial Markets
Paris,
France
| $4.17K | +$805 | +43 | +24% |
|
|
LWANC
105
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| $3.44K | +$3.46K | +185 | New |
|
|
SRC
106
Sage Rhino Capital
Menlo Park,
California
| – | -$867K | -46,105 | Closed |
|
|
AFP
107
Alpha Financial Partners
Lexington,
Kentucky
| – | -$257K | -13,644 | Closed |
|
|
FCI
108
Financial Counselors Inc
Overland Park,
Kansas
| – | -$223K | -11,851 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | -$38 | -2 | Closed |
|
PREF Hedge Fund Activity: Q4 2024 in Review
104 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q4 2024, worth a combined $816M — up 11% from $732M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PREF positions and 4 closed out — a net gain of 15 holders — while 50 added to existing stakes and 24 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $22.3M. The largest seller was Wells Fargo, cutting an estimated $36M.
- 104 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q4 2024, up from 92 in Q3 2024.
- Funds reported $816M of Principal Spectrum Preferred Securities Active ETF stock for Q4 2024, up 11% quarter-over-quarter.
- 19 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q4 2024 and 4 closed out, a net change of +15 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q4 2024 was Royal Bank of Canada, an estimated $22.3M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q4 2024 was Wells Fargo, an estimated $36M sold.
Based on aggregated 13F filings for Q4 2024.