Who Owns PREF?
Principal Spectrum Preferred Securities Active ETF — Institutional Ownership & 13F Holdings
$19.04
+0.01 (+0.08%)
Market Cap
$1.5B
Shares Outstanding
75,747,676
Institutional Holders
111
Total Inst. Value
$825.9M
% of Float Held
—
QoQ Holder Change
+51
Institutional data as of Q1 2025
New Positions
31
Closed Positions
9
Increased
48
Decreased
21
Institutional Ownership Trend
Top 10 Institutional Holders(Q1 2025)
| # | Fund | Value | Shares |
|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | $172.6M | 9,229,323 |
| 2 | UBS Group AG | $131.8M | 7,046,166 |
| 3 | MORGAN STANLEY | $114.3M | 6,110,193 |
| 4 | WELLS FARGO & COMPANY/MN | $58.6M | 3,135,370 |
| 5 | ROYAL BANK OF CANADA | $57.9M | 3,094,950 |
| 6 | IFC Advisors LLC | $51.9M | 2,777,729 |
| 7 | RAYMOND JAMES FINANCIAL INC | $34.9M | 1,863,989 |
| 8 | Permanens Capital L.P.New | $25.8M | 1,380,931 |
| 9 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $23.1M | 1,233,237 |
| 10 | BENJAMIN EDWARDS INC | $14.7M | 787,811 |
Biggest Buyers & Sellers This Quarter
Top Buyers
| Fund | Shares Added | Value |
|---|---|---|
| BANK OF AMERICA CORP /DE/ | +329K | $172.6M |
| UBS Group AG | +395K | $131.8M |
| MORGAN STANLEY | +24K | $114.3M |
| WELLS FARGO & COMPANY/MN | +86K | $58.6M |
| ROYAL BANK OF CANADA | +161K | $57.9M |
Top Sellers
| Fund | Shares Removed | Value |
|---|---|---|
| FLYNN ZITO CAPITAL MANAGEMENT, LLC | -176K | $2.2M |
| Private Advisor Group, LLC | -135K | $4.0M |
| Mirae Asset Global Investments Co., Ltd. | -24K | $1.2M |
| Whipplewood Advisors, LLC | -19K | $407K |
| JPMORGAN CHASE & CO | -13K | $46K |
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Frequently Asked Questions
How many institutional investors hold PREF?
As of Q1 2025, 111 institutional investors report holding PREF (Principal Spectrum Preferred Securities Active ETF) in their 13F filings.
Which hedge fund owns the most PREF?
The largest institutional holder of PREF is BANK OF AMERICA CORP /DE/ with $172.6M in shares.
Are institutions buying or selling PREF?
This quarter, 31 institutions opened new positions in PREF and 9 closed their positions.
What is 13F institutional ownership?
SEC Form 13F is a quarterly report filed by institutional investment managers with over $100M in qualifying assets. It discloses their US equity holdings, providing transparency into what the largest investors are buying and selling.
How often is institutional ownership data updated?
13F filings are due 45 days after each calendar quarter end (May 15, Aug 14, Nov 14, Feb 14). Data is updated on HedgeTrace as new filings are processed.