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Principal Spectrum Preferred Securities Active ETF

69 hedge funds and large institutions have $232M invested in Principal Spectrum Preferred Securities Active ETF in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.29% more ownership

Funds ownership: 62.73%67.02% (+4.3%)

4% less capital invested

Capital invested by funds: $241M → $232M (-$9.24M)

3% less funds holding

Funds holding: 7169 (-2)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

27% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 30

Holders
69
Holders Change
-2
Holders Change %
-2.82%
% of All Funds
1.16%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
22
Reduced
30
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$36.4M -$1.82M -100,920 -5%
Morgan Stanley
2
Morgan Stanley
New York
$28.8M -$8.84M -490,834 -23%
Jane Street
3
Jane Street
New York
$28.1M +$28.4M +1,575,349 +2,853%
Wells Fargo
4
Wells Fargo
California
$14.7M -$4.89M -271,564 -24%
UBS Group
5
UBS Group
Switzerland
$12.3M +$2.18M +121,242 +21%
CCM
6
Covington Capital Management
California
$10.3M +$315K +17,506 +3%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$9.3M +$1.25M +69,243 +15%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$7.01M -$1.47M -81,817 -17%
LPL Financial
9
LPL Financial
California
$5.8M +$304K +16,892 +5%
Osaic Holdings
10
Osaic Holdings
Arizona
$5.67M +$175K +9,688 +3%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$5.64M -$209K -11,581 -3%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$5.21M -$392K -21,761 -7%
Truist Financial
13
Truist Financial
North Carolina
$4.38M -$2.23M -123,754 -33%
NA
14
Nottingham Advisors
New York
$4.29M -$11.8K -657 -0.3%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$3.7M -$443K -24,609 -10%
BCI
16
Brinker Capital Investments
Pennsylvania
$3.13M +$364K +20,203 +13%
WJA
17
Willis Johnson & Associates
Texas
$2.77M +$880K +48,857 +44%
IWA
18
IBEX Wealth Advisors
New Jersey
$2.66M -$35K -1,945 -1%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$2.59M +$2.7M +149,920 New
Stifel Financial
20
Stifel Financial
Missouri
$2.48M +$1.1M +60,952 +74%
MIAN
21
Mariner Independent Advisor Network
Kansas
$2.41M -$34.5K -1,915 -1%
PA
22
PSI Advisors
Florida
$2.37M -$6.81K -378 -0.3%
CB
23
Community Bank
New York
$2.28M
RJA
24
Raymond James & Associates
Florida
$2.24M -$754K -41,829 -24%
DP
25
Dearborn Partners
Illinois
$2.01M +$359K +19,927 +21%

PREF Hedge Fund Activity: Q2 2022 in Review

69 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q2 2022, worth a combined $232M — down 3.8% from $241M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PREF and 10 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 22 added.

The largest buyer was Jane Street, adding an estimated $28.4M. The largest seller was Morgan Stanley, cutting an estimated $8.84M.

  • 69 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q2 2022, down from 71 in Q1 2022.
  • Funds reported $232M of Principal Spectrum Preferred Securities Active ETF stock for Q2 2022, down 3.8% quarter-over-quarter.
  • 10 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q2 2022 and 12 closed out, a net change of -2 holders.
  • The largest Principal Spectrum Preferred Securities Active ETF buyer in Q2 2022 was Jane Street, an estimated $28.4M added.
  • The largest Principal Spectrum Preferred Securities Active ETF seller in Q2 2022 was Morgan Stanley, an estimated $8.84M sold.

Based on aggregated 13F filings for Q2 2022.