Principal Spectrum Preferred Securities Active ETF
PREF
71 hedge funds and large institutions have $297M invested in Principal Spectrum Preferred Securities Active ETF in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
11% more funds holding
Funds holding: 64 → 71 (+7)
8% more capital invested
Capital invested by funds: $274M → $297M (+$23M)
0.39% less ownership
Funds ownership: 65.97% → 65.58% (-0.39%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.92M |
| 2 |
Jane Street
New York
|
+$8.92M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.44M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.73M |
| 5 |
AWM
Activest Wealth Management
Aventure,
Florida
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.87M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.5M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$2.61M |
| 4 |
NA
Nottingham Advisors
Amherst,
New York
|
-$1.55M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$754K |
PREF Hedge Fund Activity: Q4 2021 in Review
71 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q4 2021, worth a combined $297M — up 8.4% from $274M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PREF positions and 7 closed out — a net gain of 9 holders — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.92M. The largest seller was Wells Fargo, cutting an estimated $6.87M.
- 71 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q4 2021, up from 64 in Q3 2021.
- Funds reported $297M of Principal Spectrum Preferred Securities Active ETF stock for Q4 2021, up 8.4% quarter-over-quarter.
- 16 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q4 2021 and 7 closed out, a net change of +9 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q4 2021 was Morgan Stanley, an estimated $9.92M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q4 2021 was Wells Fargo, an estimated $6.87M sold.
Based on aggregated 13F filings for Q4 2021.