Principal Spectrum Preferred Securities Active ETF
PREF
70 hedge funds and large institutions have $295M invested in Principal Spectrum Preferred Securities Active ETF in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 4 closing their positions.
925% more capital inflows, than outflows
Capital inflows: $112M | Capital outflows: $10.9M
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
9% more funds holding
Funds holding: 64 → 70 (+6)
4.62% more ownership
Funds ownership: 61.49% → 66.1% (+4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$55.4M |
| 2 |
Cerity Partners
New York
|
+$10.3M |
| 3 |
Pitcairn
Conshohocken,
Pennsylvania
|
+$7.86M |
| 4 |
Jane Street
New York
|
+$4.79M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.91M |
| 2 |
Nottingham Advisors
Amherst,
New York
|
-$1.84M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.16M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.07M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$889K |
PREF Hedge Fund Activity: Q4 2022 in Review
70 of the 6,241 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q4 2022, worth a combined $295M — up 44% from $205M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PREF positions and 4 closed out — a net gain of 9 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Bank of America, adding an estimated $55.4M. The largest seller was Osaic Holdings, cutting an estimated $2.91M.
- 70 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q4 2022, up from 64 in Q3 2022.
- Funds reported $295M of Principal Spectrum Preferred Securities Active ETF stock for Q4 2022, up 44% quarter-over-quarter.
- 13 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q4 2022 and 4 closed out, a net change of +9 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q4 2022 was Bank of America, an estimated $55.4M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q4 2022 was Osaic Holdings, an estimated $2.91M sold.
Based on aggregated 13F filings for Q4 2022.