Principal Spectrum Preferred Securities Active ETF
PREF
135 hedge funds and large institutions have $1.42B invested in Principal Spectrum Preferred Securities Active ETF in 2026 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 35 reducing their positions, and 12 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 35
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
27% more capital invested
Capital invested by funds: $1.12B → $1.42B (+$300M)
3% more funds holding
Funds holding: 131 → 135 (+4)
2.83% more ownership
Funds ownership: 77.73% → 80.57% (+2.8%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$249M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$15.5M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$7.68M |
| 4 |
DWP
Daymark Wealth Partners
Cincinnati,
Ohio
|
+$7.24M |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$9.06M |
| 2 |
LAM
L2 Asset Management
Wayland,
Massachusetts
|
-$7.83M |
| 3 |
Jane Street
New York
|
-$6.03M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.65M |
| 5 |
Morgan Stanley
New York
|
-$3.9M |
PREF Hedge Fund Activity: Q2 2026 in Review
135 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q2 2026, worth a combined $1.42B — up 27% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PREF positions and 12 closed out — a net gain of 7 holders — while 63 added to existing stakes and 35 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $249M. The largest seller was Mariner, cutting an estimated $9.06M.
- 135 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q2 2026, up from 131 in Q1 2026.
- Funds reported $1.42B of Principal Spectrum Preferred Securities Active ETF stock for Q2 2026, up 27% quarter-over-quarter.
- 19 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q2 2026 and 12 closed out, a net change of +7 holders.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q2 2026 was Principal Financial Group, an estimated $249M added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q2 2026 was Mariner, an estimated $9.06M sold.
Based on aggregated 13F filings for Q2 2026.