Principal Focused Blue Chip ETF
BCHP
6 hedge funds and large institutions have $60.8M invested in Principal Focused Blue Chip ETF in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, reducing their positions, and 2 closing their positions.
23% more capital invested
Capital invested by funds: $49.2M → $60.8M (+$11.6M)
5.75% less ownership
Funds ownership: 133.42% → 127.67% (-5.8%)
14% less funds holding
Funds holding: 7 → 6 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$5.92M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.69M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$241K |
| 4 |
JP Morgan Chase
New York
|
+$2.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.88K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$563 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PS
1
Principal Securities
Des Moines,
Iowa
| $31.8M | +$5.92M | +189,443 | +24% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $22.1M | +$3.69M | +117,995 | +21% |
|
3
Principal Financial Group
Des Moines,
Iowa
| $6.37M | – | – | – |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $590K | +$241K | +7,722 | +73% |
|
|
BFEC
5
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
|
6
JP Morgan Chase
New York
| $2.54K | +$2.47K | +79 | New |
|
|
7
Bank of America
Charlotte,
North Carolina
| – | -$3.88K | -124 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$563 | -18 | Closed |
|
BCHP Hedge Fund Activity: Q2 2024 in Review
6 of the 6,930 institutional investors tracked by Wall St. Rank reported a position in Principal Focused Blue Chip ETF (BCHP) for Q2 2024, worth a combined $60.8M — up 23% from $49.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BCHP and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 3 added.
The largest buyer was Principal Securities, adding an estimated $5.92M. The largest seller was Bank of America, exiting entirely with an estimated $3.88K sold.
- 6 institutional investors held Principal Focused Blue Chip ETF (BCHP) as of Q2 2024, down from 7 in Q1 2024.
- Funds reported $60.8M of Principal Focused Blue Chip ETF stock for Q2 2024, up 23% quarter-over-quarter.
- 1 fund opened new Principal Focused Blue Chip ETF positions in Q2 2024 and 2 closed out, a net change of -1 holder.
- The largest Principal Focused Blue Chip ETF buyer in Q2 2024 was Principal Securities, an estimated $5.92M added.
- The largest Principal Focused Blue Chip ETF seller in Q2 2024 was Bank of America, an estimated $3.88K sold.
Based on aggregated 13F filings for Q2 2024.