Principal Spectrum Preferred Securities Active ETF
PREF
39 hedge funds and large institutions have $97.1M invested in Principal Spectrum Preferred Securities Active ETF in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
189% more capital inflows, than outflows
Capital inflows: $22.6M | Capital outflows: $7.81M
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
18% more funds holding
Funds holding: 33 → 39 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
127.84% less ownership
Funds ownership: 170.02% → 42.18% (-128%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.37M |
| 2 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
+$3.96M |
| 3 |
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$3.79M |
| 4 |
Nottingham Advisors
Amherst,
New York
|
+$1.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$2.03M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$1.74M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$657K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$649K |
| 5 |
Dearborn Partners
Chicago,
Illinois
|
-$632K |
PREF Hedge Fund Activity: Q2 2020 in Review
39 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q2 2020, worth a combined $97.1M — up 31% from $74.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PREF positions and 4 closed out — a net gain of 6 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.37M. The largest seller was Bank of New York Mellon, cutting an estimated $2.03M.
- 39 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q2 2020, up from 33 in Q1 2020.
- Funds reported $97.1M of Principal Spectrum Preferred Securities Active ETF stock for Q2 2020, up 31% quarter-over-quarter.
- 10 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q2 2020 and 4 closed out, a net change of +6 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q2 2020 was Morgan Stanley, an estimated $5.37M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q2 2020 was Bank of New York Mellon, an estimated $2.03M sold.
Based on aggregated 13F filings for Q2 2020.