Principal Spectrum Preferred Securities Active ETF
PREF
24 hedge funds and large institutions have $60M invested in Principal Spectrum Preferred Securities Active ETF in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 1 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
102.42% more ownership
Funds ownership: 505.32% → 607.74% (+102%)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
23% more capital invested
Capital invested by funds: $48.8M → $60M (+$11.3M)
4% more funds holding
Funds holding: 23 → 24 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.07M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.52M |
| 3 |
Bank of New York Mellon
New York
|
+$1.4M |
| 4 |
DP
Dearborn Partners
Chicago,
Illinois
|
+$454K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$402K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$827K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$281K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$241K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
-$52.3K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$12.9K |
PREF Hedge Fund Activity: Q3 2019 in Review
24 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q3 2019, worth a combined $60M — up 23% from $48.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PREF positions and 1 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $7.07M. The largest seller was Jane Street, exiting entirely with an estimated $827K sold.
- 24 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q3 2019, up from 23 in Q2 2019.
- Funds reported $60M of Principal Spectrum Preferred Securities Active ETF stock for Q3 2019, up 23% quarter-over-quarter.
- 2 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q3 2019 was Bank of America, an estimated $7.07M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q3 2019 was Jane Street, an estimated $827K sold.
Based on aggregated 13F filings for Q3 2019.