Principal Investment Grade Corporate Active ETF
14 hedge funds and large institutions have $33.3M invested in Principal Investment Grade Corporate Active ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
74% more capital invested
Capital invested by funds: $19.2M → $33.3M (+$14.2M)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
40% more funds holding
Funds holding: 10 → 14 (+4)
7.77% less ownership
Funds ownership: 89.26% → 81.49% (-7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.01M |
| 2 |
Jane Street
New York
|
+$3.41M |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$1.98M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.25M |
| 5 |
Cerity Partners
New York
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$500K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.75K |
| 3 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
-$5.15K |
| 4 |
LPL Financial
San Diego,
California
|
-$859 |
IG Hedge Fund Activity: Q1 2023 in Review
14 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Principal Investment Grade Corporate Active ETF (IG) for Q1 2023, worth a combined $33.3M — up 74% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IG positions and 1 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $5.01M. The largest seller was Stratos Wealth Advisors, exiting entirely with an estimated $500K sold.
- 14 institutional investors held Principal Investment Grade Corporate Active ETF (IG) as of Q1 2023, up from 10 in Q4 2022.
- Funds reported $33.3M of Principal Investment Grade Corporate Active ETF stock for Q1 2023, up 74% quarter-over-quarter.
- 5 funds opened new Principal Investment Grade Corporate Active ETF positions in Q1 2023 and 1 closed out, a net change of +4 holders.
- The largest Principal Investment Grade Corporate Active ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $5.01M added.
- The largest Principal Investment Grade Corporate Active ETF seller in Q1 2023 was Stratos Wealth Advisors, an estimated $500K sold.
Based on aggregated 13F filings for Q1 2023.