Principal Spectrum Preferred Securities Active ETF
PREF
14 hedge funds and large institutions have $33.1M invested in Principal Spectrum Preferred Securities Active ETF in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
7% less funds holding
Funds holding: 15 → 14 (-1)
7% less capital invested
Capital invested by funds: $35.8M → $33.1M (-$2.62M)
7.88% less ownership
Funds ownership: 375.96% → 368.08% (-7.9%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.16M |
| 2 |
Bank of New York Mellon
New York
|
+$774K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$770K |
| 4 |
LPL Financial
San Diego,
California
|
+$95.2K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.04M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$821K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$236K |
| 4 |
DP
Dearborn Partners
Chicago,
Illinois
|
-$207K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$169K |
PREF Hedge Fund Activity: Q4 2018 in Review
14 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q4 2018, worth a combined $33.1M — down 7.3% from $35.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PREF and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 6 added.
The largest buyer was UBS Group, opening a new position worth an estimated $1.16M. The largest seller was Jane Street, cutting an estimated $2.04M.
- 14 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q4 2018, down from 15 in Q3 2018.
- Funds reported $33.1M of Principal Spectrum Preferred Securities Active ETF stock for Q4 2018, down 7.3% quarter-over-quarter.
- 1 fund opened new Principal Spectrum Preferred Securities Active ETF positions in Q4 2018 and 2 closed out, a net change of -1 holder.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q4 2018 was UBS Group, an estimated $1.16M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q4 2018 was Jane Street, an estimated $2.04M sold.
Based on aggregated 13F filings for Q4 2018.