Principal Spectrum Preferred Securities Active ETF
PREF
23 hedge funds and large institutions have $48.8M invested in Principal Spectrum Preferred Securities Active ETF in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 0 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
83.83% more ownership
Funds ownership: 421.49% → 505.32% (+84%)
35% more funds holding
Funds holding: 17 → 23 (+6)
23% more capital invested
Capital invested by funds: $39.7M → $48.8M (+$9.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.49M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.65M |
| 3 |
Bank of New York Mellon
New York
|
+$1.11M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$586K |
| 5 |
DP
Dearborn Partners
Chicago,
Illinois
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$4.79M |
| 2 |
Jane Street
New York
|
-$1.69M |
| 3 |
LPL Financial
San Diego,
California
|
-$40.5K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$23.9K |
PREF Hedge Fund Activity: Q2 2019 in Review
23 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q2 2019, worth a combined $48.8M — up 23% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PREF positions and 0 closed out — a net gain of 6 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $7.49M. The largest seller was Principal Financial Group, cutting an estimated $4.79M.
- 23 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q2 2019, up from 17 in Q1 2019.
- Funds reported $48.8M of Principal Spectrum Preferred Securities Active ETF stock for Q2 2019, up 23% quarter-over-quarter.
- 6 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q2 2019 and 0 closed out, a net change of +6 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q2 2019 was Raymond James & Associates, an estimated $7.49M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q2 2019 was Principal Financial Group, an estimated $4.79M sold.
Based on aggregated 13F filings for Q2 2019.