Principal Investment Grade Corporate Active ETF
22 hedge funds and large institutions have $112M invested in Principal Investment Grade Corporate Active ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
20% more capital invested
Capital invested by funds: $93.3M → $112M (+$18.2M)
8.64% more ownership
Funds ownership: 115.44% → 124.08% (+8.6%)
4% less funds holding
Funds holding: 23 → 22 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$3.33M |
| 2 |
PS
Principal Securities
Des Moines,
Iowa
|
+$2.89M |
| 3 |
Goldman Sachs
New York
|
+$2.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.49M |
| 5 |
IWP
Insight Wealth Partners
Plano,
Texas
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$234K |
| 2 |
CCAL
City Center Advisors LLC
Troy,
Michigan
|
-$201K |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
-$52.9K |
| 4 |
LPL Financial
San Diego,
California
|
-$25.5K |
| 5 |
SAM
Smartleaf Asset Management
Boston,
Massachusetts
|
-$14.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$1.27K | -62 | Closed |
|
IG Hedge Fund Activity: Q3 2024 in Review
22 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Principal Investment Grade Corporate Active ETF (IG) for Q3 2024, worth a combined $112M — up 20% from $93.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IG and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 10 added.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $3.33M. The largest seller was Commonwealth Equity Services, exiting entirely with an estimated $234K sold.
- 22 institutional investors held Principal Investment Grade Corporate Active ETF (IG) as of Q3 2024, down from 23 in Q2 2024.
- Funds reported $112M of Principal Investment Grade Corporate Active ETF stock for Q3 2024, up 20% quarter-over-quarter.
- 3 funds opened new Principal Investment Grade Corporate Active ETF positions in Q3 2024 and 4 closed out, a net change of -1 holder.
- The largest Principal Investment Grade Corporate Active ETF buyer in Q3 2024 was Western Wealth Management, an estimated $3.33M added.
- The largest Principal Investment Grade Corporate Active ETF seller in Q3 2024 was Commonwealth Equity Services, an estimated $234K sold.
Based on aggregated 13F filings for Q3 2024.