Principal Spectrum Preferred Securities Active ETF
PREF
125 hedge funds and large institutions have $1.03B invested in Principal Spectrum Preferred Securities Active ETF in 2025 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 60 increasing their positions, 36 reducing their positions, and 11 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 36
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
8% more capital invested
Capital invested by funds: $951M → $1.03B (+$76.9M)
2% more funds holding
Funds holding: 123 → 125 (+2)
1.33% more ownership
Funds ownership: 77.26% → 78.59% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.96M |
| 3 |
Morgan Stanley
New York
|
+$8.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.5M |
| 5 |
PA
PSI Advisors
Tampa,
Florida
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KW
KWB Wealth
Redlands,
California
|
-$3.92M |
| 2 |
IA
IFC Advisors
Los Angeles,
California
|
-$3.72M |
| 3 |
JP Morgan Chase
New York
|
-$1.47M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.32M |
| 5 |
FZCM
Flynn Zito Capital Management
Garden City,
New York
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| $80 | +$19 | +1 | +2% |
|
|
KW
127
KWB Wealth
Redlands,
California
| – | -$3.92M | -209,390 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$601K | -31,705 | Closed |
|
|
FAIM
129
Financial Advocates Investment Management
Olympia,
Washington
| – | -$379K | -19,965 | Closed |
|
|
CFP
130
Cascade Financial Partners
San Diego,
California
| – | -$330K | -17,399 | Closed |
|
|
BCI
131
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$315K | -16,616 | Closed |
|
|
GPWM
132
Grant Private Wealth Management
Pleasanton,
California
| – | -$212K | -11,159 | Closed |
|
|
HFS
133
Hantz Financial Services
Southfield,
Michigan
| – | -$15K | -800 | Closed |
|
|
SC
134
SouthState Corp
Winter Haven,
Florida
| – | -$14K | -740 | Closed |
|
|
CIA
135
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$8.59K | -453 | Closed |
|
|
AAS
136
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$3.79K | -200 | Closed |
|
|
GRP
137
Global Retirement Partners
San Rafael,
California
| – | -$95 | -5 | Closed |
|
PREF Hedge Fund Activity: Q3 2025 in Review
125 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q3 2025, worth a combined $1.03B — up 8.1% from $951M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PREF positions and 11 closed out — a net gain of 2 holders — while 60 added to existing stakes and 36 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $20.5M. The largest seller was KWB Wealth, exiting entirely with an estimated $3.92M sold.
- 125 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q3 2025, up from 123 in Q2 2025.
- Funds reported $1.03B of Principal Spectrum Preferred Securities Active ETF stock for Q3 2025, up 8.1% quarter-over-quarter.
- 13 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q3 2025 and 11 closed out, a net change of +2 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q3 2025 was Ameriprise, an estimated $20.5M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q3 2025 was KWB Wealth, an estimated $3.92M sold.
Based on aggregated 13F filings for Q3 2025.