Principal Spectrum Preferred Securities Active ETF
PREF
114 hedge funds and large institutions have $894M invested in Principal Spectrum Preferred Securities Active ETF in 2025 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
10% more funds holding
Funds holding: 104 → 114 (+10)
10% more capital invested
Capital invested by funds: $816M → $894M (+$78.2M)
0.61% more ownership
Funds ownership: 77.04% → 77.65% (+0.61%)
Top Buyers
| 1 |
PC
Permanens Capital
New York
|
+$25.8M |
| 2 |
IA
IFC Advisors
Los Angeles,
California
|
+$7.76M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.15M |
| 5 |
LPL Financial
San Diego,
California
|
+$5.84M |
Top Sellers
PREF Hedge Fund Activity: Q1 2025 in Review
114 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q1 2025, worth a combined $894M — up 9.6% from $816M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PREF positions and 8 closed out — a net gain of 11 holders — while 53 added to existing stakes and 28 trimmed.
The largest buyer was Permanens Capital, opening a new position worth an estimated $25.8M. The largest seller was Flynn Zito Capital Management, cutting an estimated $3.3M.
- 114 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q1 2025, up from 104 in Q4 2024.
- Funds reported $894M of Principal Spectrum Preferred Securities Active ETF stock for Q1 2025, up 9.6% quarter-over-quarter.
- 19 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q1 2025 and 8 closed out, a net change of +11 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q1 2025 was Permanens Capital, an estimated $25.8M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q1 2025 was Flynn Zito Capital Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2025.