Principal Spectrum Preferred Securities Active ETF
PREF
64 hedge funds and large institutions have $274M invested in Principal Spectrum Preferred Securities Active ETF in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 39 increasing their positions, 14 reducing their positions, and 4 closing their positions.
179% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 14
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $241M → $274M (+$32.2M)
0% more funds holding
Funds holding: 64 → 64 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 66.38% → 65.97% (-0.41%)
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.37M |
| 2 |
Morgan Stanley
New York
|
+$6.75M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.42M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.37M |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$2.33M |
Top Sellers
PREF Hedge Fund Activity: Q3 2021 in Review
64 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q3 2021, worth a combined $274M — up 13% from $241M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PREF positions and 4 closed out — a net gain of 2 holders — while 39 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.37M. The largest seller was Jane Street, exiting entirely with an estimated $1.61M sold.
- 64 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $274M of Principal Spectrum Preferred Securities Active ETF stock for Q3 2021, up 13% quarter-over-quarter.
- 6 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q3 2021 and 4 closed out, a net change of +2 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q3 2021 was Wells Fargo, an estimated $7.37M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q3 2021 was Jane Street, an estimated $1.61M sold.
Based on aggregated 13F filings for Q3 2021.