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
Top Sellers
| 1 |
Jane Street
New York
|
-$1.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Principal Financial Group
Des Moines,
Iowa
| $24.3M | – | – | – |
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4.55M | +$4.64M | +233,640 | New |
|
|
3
Jane Street
New York
| $3.12M | -$1.3M | -65,400 | -29% |
|
4
Bank of New York Mellon
New York
| $986K | +$226K | +11,390 | +29% |
|
|
VF
5
Virtu Financial
New York
| $844K | +$859K | +43,300 | New |
|
|
PFGIA
6
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $488K | +$3.08K | +155 | +0.6% |
|
|
RJA
7
Raymond James & Associates
St Petersburg,
Florida
| $283K | +$288K | +14,510 | New |
|
|
CFA
8
Carroll Financial Associates
Charlotte,
North Carolina
| $256K | +$261K | +13,175 | New |
|
|
DP
9
Dearborn Partners
Chicago,
Illinois
| $226K | +$26.5K | +1,335 | +13% |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$5K | -265 | Closed |
|
PREF Hedge Fund Activity: Q1 2018 in Review
9 of the 4,363 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.