Principal Spectrum Preferred Securities Active ETF
PREF
9 hedge funds and large institutions have $35M invested in Principal Spectrum Preferred Securities Active ETF in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
399.29% more ownership
Funds ownership: 0% → 399.29% (+399%)
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
50% more funds holding
Funds holding: 6 → 9 (+3)
13% more capital invested
Capital invested by funds: $31M → $35M (+$4.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.64M |
| 2 |
VF
Virtu Financial
New York
|
+$859K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$288K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$261K |
| 5 |
Bank of New York Mellon
New York
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5K |
PREF Hedge Fund Activity: Q1 2018 in Review
9 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q1 2018, worth a combined $35M — up 13% from $31M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PREF positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Royal Bank of Canada, opening a new position worth an estimated $4.64M. The largest seller was Jane Street, cutting an estimated $1.3M.
- 9 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q1 2018, up from 6 in Q4 2017.
- Funds reported $35M of Principal Spectrum Preferred Securities Active ETF stock for Q1 2018, up 13% quarter-over-quarter.
- 4 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q1 2018 and 1 closed out, a net change of +3 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q1 2018 was Royal Bank of Canada, an estimated $4.64M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q1 2018 was Jane Street, an estimated $1.3M sold.
Based on aggregated 13F filings for Q1 2018.