Vault-13

PRINCIPAL EXCHANGE TRADED FD PREF

SPECTRUM PFD · ETP · CUSIP 74255Y888

94 institutional holders +9 vs Q1 2024
38,818,58338.8m shares reported held*
$707.5mreported value*
12 new 46 added 26 reduced 4 sold out net sold ≈ $111.7m (-6.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.23.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 66Q4 22: 71Q1 23: 67Q2 23: 64Q3 23: 73Q4 23: 89Q1 24: 85Q2 24: 9494Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202266
Q4 202271
Q1 202367
Q2 202364
Q3 202373
Q4 202389
Q1 202485
Q2 202494

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 37 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 30 cut or sold outQ2 23: 30 bought or addedQ2 23: 37 cut or sold outQ2 23Q3 23: 36 bought or addedQ3 23: 31 cut or sold outQ4 23: 52 bought or addedQ4 23: 23 cut or sold outQ4 23Q1 24: 48 bought or addedQ1 24: 38 cut or sold outQ2 24: 58 bought or addedQ2 24: 30 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223727
Q1 20233530
Q2 20233037
Q3 20233631
Q4 20235223
Q1 20244838
Q2 20245830

Biggest buyers

LPL Financial LLC Added +440,751+440.8k
ROYAL BANK OF CANADA Added +374,895+374.9k
WELLS FARGO & COMPANY/MN Added +333,434+333.4k
BANK OF AMERICA CORP /DE/ Added +331,274+331.3k
FLYNN ZITO CAPITAL MANAGEMENT, LLC Added +186,667+186.7k
JANE STREET GROUP, LLC New +120,386+120.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +109,322+109.3k
Raymond James Financial Services Advisors, Inc. Added +106,788+106.8k
Pallas Capital Advisors LLC Added +71,958+72.0k
PRINCIPAL SECURITIES, INC. Added +69,176+69.2k

Biggest sellers

MORGAN STANLEY Reduced -8,171,314-8.2m
TRUIST FINANCIAL CORP Reduced -121,118-121.1k
Orion Porfolio Solutions, LLC Reduced -100,512-100.5k
Orion Portfolio Solutions, LLC Reduced -100,512-100.5k
MainStreet Investment Advisors LLC Reduced -68,097-68.1k
Meadow Creek Wealth Advisors LLC Reduced -56,760-56.8k
Cerity Partners LLC Reduced -22,395-22.4k
Willis Johnson & Associates, Inc. Reduced -16,149-16.1k
Belpointe Asset Management LLC Reduced -16,025-16.0k
UBS Group AG Reduced -14,741-14.7k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 7,307,3707.3m $133.1m $133.1m 0.01% Added +331.3k +331,274
2 UBS Group AG 0.04% of their portfolio ZURICH, V8 6,311,2736.3m $115.0m $115.0m 0.04% Reduced -14.7k -14,741
3 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 5,009,6205.0m $91.3m $91.3m 0.02% Added +333.4k +333,434
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,612,6884.6m $84.0m $84.0m 0.01% Reduced -8.2m -8,171,314
5 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,792,6081.8m $32.7m $32.7m 0.01% Added +374.9k +374,895
6 Pallas Capital Advisors LLC 1.20% of their portfolio BRAINTREE, MA 1,442,9891.4m $26.5m $26.5m 1.20% Added +72.0k +71,958
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,421,7101.4m $25.9m $25.9m 0.01% Added +440.8k +440,751
8 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 1,292,2521.3m $23.5m $23.5m 0.06% Added +109.3k +109,322
9 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 980,301980.3k $17.9m $17.9m 0.01% Added +67.8k +67,837
10 Cornerstone Wealth Group, LLC 1.14% of their portfolio HUNTERSVILLE, NC 702,701702.7k $12.8m $12.8m 1.14% Added +7.8k +7,799
11 BENJAMIN F. EDWARDS & COMPANY, INC. 0.20% of their portfolio ST. LOUIS, MO 635,807635.8k $11.6m $11.6m 0.20% Added +2.5k +2,457
12 Tyche Wealth Partners LLC 2.61% of their portfolio PLANO, TX 587,863587.9k $10.7m $10.7m 2.61% Added +46.6k +46,641
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 513,403513.4k $9.4m $9.4m 0.00% Added +12.3k +12,334
14 PRINCIPAL SECURITIES, INC. 0.22% of their portfolio DES MOINES, IA 445,103445.1k $8.1m $8.1m 0.22% Added +69.2k +69,176
15 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 395,142395.1k $7.2m $7.2m 0.01% Added +106.8k +106,788
16 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 1.71% of their portfolio BETHLEHEM, PA 333,110333.1k $6.1m $6.1m 1.71% Added +35.4k +35,363
17 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 318,006318.0k $5.8m $5.8m 0.01% Reduced -9.4k -9,398
18 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 317,260317.3k $5.8m $5.8m 0.01% Reduced -1.7k -1,722
19 Berger Financial Group, Inc 0.45% of their portfolio PLYMOUTH, MN 309,753309.8k $5.6m $5.6m 0.45% Added +36.6k +36,609
20 FLYNN ZITO CAPITAL MANAGEMENT, LLC 2.73% of their portfolio GARDEN CITY, NY 293,119293.1k $5.3m $5.3m 2.73% Added +186.7k +186,667
21 ROGCO, LP 2.17% of their portfolio CLAREMORE, OK 292,541292.5k $5.3m $5.3m 2.17% Added +1.6k +1,627
22 Mariner, LLC 0.01% of their portfolio Overland Park, KS 226,648226.6k $4.1m $4.1m 0.01% Added +12.9k +12,900
23 PSI Advisors, LLC 1.19% of their portfolio TAMPA, FL 205,588205.6k $3.7m $3.7m 1.19% Added +35.2k +35,182
24 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 176,723176.7k $3.2m $3.2m 0.00% Reduced -121.1k -121,118
25 INVESTMENT PARTNERS, LTD. 1.14% of their portfolio NEW PHILADELPHIA, OH 138,977139.0k $2.5m $2.5m 1.14% Added +7.7k +7,713
26 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 138,341138.3k $2.5m $2.5m 0.00% Added +19.7k +19,716
27 Willis Johnson & Associates, Inc. 0.19% of their portfolio Houston, TX 130,524130.5k $2.4m $2.4m 0.19% Reduced -16.1k -16,149
28 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 120,386120.4k $2.2m $2.2m 0.00% New
29 J.W. COLE ADVISORS, INC. 0.10% of their portfolio TAMPA, FL 112,144112.1k $2.0m $2.0m 0.10% Added +6.1k +6,086
30 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 106,991107.0k $1.9m $1.9m 0.01% Reduced -22.4k -22,395
31 DEARBORN PARTNERS LLC 0.08% of their portfolio CHICAGO, IL 105,996106.0k $1.9m $1.9m 0.08% Reduced -9.7k -9,728
32 MainStreet Investment Advisors LLC 0.24% of their portfolio CHICAGO, IL 105,410105.4k $1.9m $1.9m 0.24% Reduced -68.1k -68,097
33 MassMutual Private Wealth & Trust, FSB 0.06% of their portfolio Windsor, CT 103,375103.4k $1.9m $1.9m 0.06% Added +338 +338
34 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 98,24398.2k $1.8m $1.8m 0.00% Added +14.8k +14,804
35 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 95,01395.0k $1.7m $1.7m 0.01% Added +3.8k +3,773
36 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 90,83490.8k $1.7m $1.7m 0.00% Added +1.0k +1,043
37 BENJAMIN EDWARDS INC 0.29% of their portfolio Clayton, MO 83,86283.9k $1.5m $1.5m 0.29% Reduced -1.0k -1,024
38 Meadow Creek Wealth Advisors LLC 1.42% of their portfolio ATLANTA, GA 82,46282.5k $1.5m $1.5m 1.42% Reduced -56.8k -56,760
39 Gilliland Jeter Wealth Management LLC 0.50% of their portfolio LITTLE ROCK, AR 80,87780.9k $1.5m $1.5m 0.50% Reduced -1.5k -1,535
40 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 74,30074.3k $1.4m $1.4m 0.01% Reduced -7.0k -6,999
41 COMERICA BANK 0.01% of their portfolio DALLAS, TX 71,57171.6k $1.3m $1.3m 0.01% Added +4.6k +4,608
42 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 69,07069.1k $1.3m $1.3m 0.01% Reduced -100.5k -100,512
43 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 69,07069.1k $1.3m $1.3m 0.01% Reduced -100.5k -100,512
44 UMB Bank, n.a. 0.02% of their portfolio Kansas City, MO 62,12962.1k $1.1m $1.1m 0.02% Reduced -1.8k -1,815
45 Delta Investment Management, LLC 0.24% of their portfolio SAN FRANCISCO, CA 60,83760.8k $1.1m $1.1m 0.24% Added +1.3k +1,266
46 RAYMOND JAMES TRUST N.A. 0.03% of their portfolio ST. PETERSBURG, FL 59,66659.7k $1.1m $1.1m 0.03% Added +20.0k +20,000
47 Activest Wealth Management 0.33% of their portfolio AVENTURA, FL 55,05455.1k $1.0m $1.0m 0.33% Added +27 +27
48 FLAGSTAR SECURITIES, INC 0.26% of their portfolio New York, NY 52,39752.4k $954.7k $954.7k 0.26% Added +23.0k +22,956
49 Argent Trust Co 0.04% of their portfolio NASHVILLE, TN 52,10252.1k $949.3k $949.3k 0.04% Added +987 +987
50 First Citizens Financial Corp 0.56% of their portfolio MASON CITY, IA 51,57051.6k $939.6k $939.6k 0.56% Reduced -5.0k -5,005
51 SAGE RHINO CAPITAL LLC 0.20% of their portfolio MENLO PARK, CA 46,67546.7k $850.4k $850.4k 0.20% Reduced -292 -292
52 FourThought Financial Partners, LLC 0.10% of their portfolio VENICE, FL 42,39942.4k $772.5k $772.5k 0.10% Reduced -79 -79
53 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 41,88741.9k $763.2k $763.2k 0.02% Added +5.9k +5,885
54 Laidlaw Wealth Management LLC 0.37% of their portfolio NEW YORK CITY, NY 37,25237.3k $678.7k $678.7k 0.37% Added +788 +788
55 Smartleaf Asset Management LLC 0.11% of their portfolio BOSTON, MA 35,49635.5k $651.0k $651.0k 0.11% Added +13.5k +13,471
56 Pinnacle Financial Partners Inc 0.01% of their portfolio Nashville, TN 34,93534.9k $636.5k $636.5k 0.01% Unchanged
57 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 34,79534.8k $634.0k $634.0k 0.00% Added +9.4k +9,352
58 PITCAIRN CO 0.04% of their portfolio CONSHOHOCKEN, PA 32,38632.4k $590.1k $590.1k 0.04% Unchanged
59 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 31,44131.4k $572.9k $572.9k 0.00% Reduced -2.1k -2,086
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 30,97231.0k $564.3k $564.3k 0.00% Added +7.9k +7,860
61 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 29,94929.9k $536.4k $536.4k 0.00% First filing
62 Mechanics Financial Corp 0.26% of their portfolio Mansfield, OH 27,50827.5k $501.2k $501.2k 0.26% Added +1.9k +1,920
63 Capital Investment Advisory Services, LLC 0.05% of their portfolio RALEIGH, NC 26,71026.7k $486.7k $486.7k 0.05% Added +4.4k +4,352
64 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,59321.6k $393.0k $393.0k 0.00% Reduced -1.5k -1,510
65 Jacobi Capital Management LLC 0.03% of their portfolio PITTSTON, PA 20,66620.7k $376.5k $376.5k 0.03% Added +225 +225
66 XML Financial, LLC 0.04% of their portfolio BETHESDA, MD 20,11020.1k $366.4k $366.4k 0.04% Added +237 +237
67 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 18,91518.9k $344.1k $344.1k 0.02% Added +3.1k +3,087
68 Greytown Advisors Inc. 0.18% of their portfolio MIAMI, FL 16,76216.8k $305.4k $305.4k 0.18% Added +1.7k +1,740
69 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 14,17714.2k $258.3k $258.3k 0.01% New
70 W.G. Shaheen & Associates DBA Whitney & Co 0.03% of their portfolio ROCHESTER, NY 14,00014.0k $255.1k $255.1k 0.03% Reduced -300 -300
71 LexAurum Advisors, LLC 0.05% of their portfolio OVERLAND PARK, KS 12,03012.0k $219.2k $219.2k 0.05% New
72 Realta Investment Advisors 0.04% of their portfolio WILMINGTON, DE 11,63311.6k $212.0k $212.0k 0.04% Reduced -3.1k -3,110
73 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 11,07111.1k $201.7k $201.7k 0.01% Reduced -16.0k -16,025
74 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 10,70010.7k $195.0k $195.0k 0.01% New
75 NOTTINGHAM ADVISORS, INC. 0.02% of their portfolio AMHERST, NY 10,37010.4k $188.9k $188.9k 0.02% Reduced -400 -400
76 WealthShield Partners, LLC 0.03% of their portfolio CARY, NC 10,24610.2k $186.7k $186.7k 0.03% Added +15 +15
77 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,13710.1k $184.7k $184.7k 0.00% New
78 FIDELIS CAPITAL PARTNERS, LLC 0.03% of their portfolio TAMPA, FL 10,00010.0k $182.7k $182.7k 0.03% Unchanged
79 CWM, LLC 0.00% of their portfolio OMAHA, NE 9,7729.8k $178.0k $178.0k 0.00% Added +91 +91
80 Community Bank, N.A. 0.02% of their portfolio DeWitt, NY 8,0008.0k $145.7k $145.7k 0.02% Unchanged
81 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 7,5087.5k $136.8k $136.8k 0.01% Unchanged
82 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,4725.5k $99.7k $99.7k 0.00% New
83 HARBOR INVESTMENT ADVISORY, LLC 0.01% of their portfolio LUTHERVILLE, MD 5,0005.0k $91.1k $91.1k 0.01% New
84 Triad Wealth Partners, LLC 0.05% of their portfolio LAWRENCE, KS 4,7784.8k $87.1k $87.1k 0.05% New
85 Pinnacle Bancorp, Inc. 0.02% of their portfolio BEATRICE, NE 2,8152.8k $51.3k $51.3k 0.02% Unchanged
86 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 2,4002.4k $43.7k $43.7k 0.00% Reduced -2.2k -2,167
87 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 1,5001.5k $27.4k $27.4k 0.00% New
88 IAG Wealth Partners, LLC 0.00% of their portfolio WAUKESHA, WI 1,2391.2k $22.6k $22.6k 0.00% Unchanged
89 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $18.2k $18.2k 0.00% New
90 Penserra Capital Management LLC 0.00% of their portfolio ORINDA, CA 435435 $8.0k $8.0k 0.00% Added +8 +8
91 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 100100 $1.8k $1.8k 0.00% Unchanged
92 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1111 $200 $200 0.00% New
93 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $18 $18 0.00% New
94 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged