Principal Focused Blue Chip ETF
BCHP
7 hedge funds and large institutions have $49.2M invested in Principal Focused Blue Chip ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
20% more capital invested
Capital invested by funds: $41M → $49.2M (+$8.25M)
17% more funds holding
Funds holding: 6 → 7 (+1)
4.82% less ownership
Funds ownership: 138.24% → 133.42% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$2.74M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.65M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$70.7K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$537 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$373K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PS
1
Principal Securities
Des Moines,
Iowa
| $24.9M | +$2.74M | +91,915 | +13% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $17.7M | +$1.65M | +55,295 | +11% |
|
3
Principal Financial Group
Des Moines,
Iowa
| $6.19M | – | – | – |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $332K | +$70.7K | +2,366 | +29% |
|
|
BFEC
5
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
|
6
Bank of America
Charlotte,
North Carolina
| $3.88K | +$3.7K | +124 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $563 | +$537 | +18 | New |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$373K | -13,093 | Closed |
|
BCHP Hedge Fund Activity: Q1 2024 in Review
7 of the 6,947 institutional investors tracked by Wall St. Rank reported a position in Principal Focused Blue Chip ETF (BCHP) for Q1 2024, worth a combined $49.2M — up 20% from $41M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BCHP positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Principal Securities, adding an estimated $2.74M. The largest seller was Citadel Advisors, exiting entirely with an estimated $373K sold.
- 7 institutional investors held Principal Focused Blue Chip ETF (BCHP) as of Q1 2024, up from 6 in Q4 2023.
- Funds reported $49.2M of Principal Focused Blue Chip ETF stock for Q1 2024, up 20% quarter-over-quarter.
- 2 funds opened new Principal Focused Blue Chip ETF positions in Q1 2024 and 1 closed out, a net change of +1 holder.
- The largest Principal Focused Blue Chip ETF buyer in Q1 2024 was Principal Securities, an estimated $2.74M added.
- The largest Principal Focused Blue Chip ETF seller in Q1 2024 was Citadel Advisors, an estimated $373K sold.
Based on aggregated 13F filings for Q1 2024.