Principal Focused Blue Chip ETF
BCHP
7 hedge funds and large institutions have $115M invested in Principal Focused Blue Chip ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
89% more capital invested
Capital invested by funds: $60.8M → $115M (+$53.9M)
17% more funds holding
Funds holding: 6 → 7 (+1)
13.36% more ownership
Funds ownership: 127.67% → 141.03% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$25.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$24.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$485K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$40.1K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PS
1
Principal Securities
Des Moines,
Iowa
| $58.7M | +$25.4M | +790,445 | +80% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $48.2M | +$24.8M | +773,127 | +113% |
|
3
Principal Financial Group
Des Moines,
Iowa
| $6.55M | – | – | – |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $609K | +$3.34K | +104 | +0.6% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $499K | +$485K | +15,110 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $41.3K | +$40.1K | +1,251 | New |
|
7
UBS Group
Zurich,
Switzerland
| $1.92K | +$1.86K | +58 | New |
|
|
8
JP Morgan Chase
New York
| – | -$2.54K | -79 | Closed |
|
BCHP Hedge Fund Activity: Q3 2024 in Review
7 of the 6,970 institutional investors tracked by Wall St. Rank reported a position in Principal Focused Blue Chip ETF (BCHP) for Q3 2024, worth a combined $115M — up 89% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BCHP positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Principal Securities, adding an estimated $25.4M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $2.54K sold.
- 7 institutional investors held Principal Focused Blue Chip ETF (BCHP) as of Q3 2024, up from 6 in Q2 2024.
- Funds reported $115M of Principal Focused Blue Chip ETF stock for Q3 2024, up 89% quarter-over-quarter.
- 3 funds opened new Principal Focused Blue Chip ETF positions in Q3 2024 and 1 closed out, a net change of +2 holders.
- The largest Principal Focused Blue Chip ETF buyer in Q3 2024 was Principal Securities, an estimated $25.4M added.
- The largest Principal Focused Blue Chip ETF seller in Q3 2024 was JP Morgan Chase, an estimated $2.54K sold.
Based on aggregated 13F filings for Q3 2024.