Principal Investment Grade Corporate Active ETF
20 hedge funds and large institutions have $81.5M invested in Principal Investment Grade Corporate Active ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
87% more capital invested
Capital invested by funds: $43.7M → $81.5M (+$37.9M)
72.39% more ownership
Funds ownership: 96.47% → 168.86% (+72%)
18% more funds holding
Funds holding: 17 → 20 (+3)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.82M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$925K |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$814K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$200K |
| 5 |
IWP
Insight Wealth Partners
Plano,
Texas
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.63M |
| 2 |
CA
Claro Advisors
Boston,
Massachusetts
|
-$636K |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
-$181K |
| 4 |
Morgan Stanley
New York
|
-$99.8K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$78.7K |
IG Hedge Fund Activity: Q4 2023 in Review
20 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Principal Investment Grade Corporate Active ETF (IG) for Q4 2023, worth a combined $81.5M — up 87% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IG positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $4.82M. The largest seller was Jane Street, cutting an estimated $2.63M.
- 20 institutional investors held Principal Investment Grade Corporate Active ETF (IG) as of Q4 2023, up from 17 in Q3 2023.
- Funds reported $81.5M of Principal Investment Grade Corporate Active ETF stock for Q4 2023, up 87% quarter-over-quarter.
- 4 funds opened new Principal Investment Grade Corporate Active ETF positions in Q4 2023 and 1 closed out, a net change of +3 holders.
- The largest Principal Investment Grade Corporate Active ETF buyer in Q4 2023 was Envestnet Asset Management, an estimated $4.82M added.
- The largest Principal Investment Grade Corporate Active ETF seller in Q4 2023 was Jane Street, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2023.