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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.

New
Increased
Maintained
Reduced
Closed

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)

42.72% more ownership

Funds ownership: 68.27%111% (+43%)

18% more funds holding

Funds holding: 1720 (+3)

50% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 10

Holders
20
Holders Change
+3
Holders Change %
+17.65%
% of All Funds
0.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
10
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$31.7M +$4.82M +241,247 +19%
PS
2
Principal Securities
Iowa
$31.7M +$30.2M +1,510,652 New
RJFSA
3
Raymond James Financial Services Advisors
Florida
$8.84M +$200K +10,004 +2%
WWM
4
Western Wealth Management
Colorado
$3.97M +$814K +40,749 +27%
IWP
5
Insight Wealth Partners
Texas
$1.38M +$193K +9,668 +17%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$972K +$925K +46,309 New
Jane Street
7
Jane Street
New York
$510K -$2.63M -131,688 -84%
LI
8
LVZ Inc
Michigan
$466K -$181K -9,051 -29%
Citadel Advisors
9
Citadel Advisors
Florida
$412K -$78.7K -3,941 -17%
LPL Financial
10
LPL Financial
California
$352K -$35.5K -1,776 -10%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$307K -$49K -2,453 -14%
AWS
12
Atria Wealth Solutions
New York
$254K -$76.4K -3,825 -24%
CC
13
Callan Capital
California
$247K
Bank of America
14
Bank of America
North Carolina
$233K -$42.7K -2,140 -16%
SIS
15
Sound Income Strategies
Florida
$54.1K -$10.8K -543 -17%
Morgan Stanley
16
Morgan Stanley
New York
$42.8K -$79.5K -3,979 -66%
Osaic Holdings
17
Osaic Holdings
Arizona
$36.2K -$32.2K -1,612 -48%
UBS Group
18
UBS Group
Switzerland
$14.7K +$13.6K +683 +3,595%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$21 +$20 +1 New
Wells Fargo
20
Wells Fargo
California
$14 +$20 +1 New
CA
21
Claro Advisors
Massachusetts
-$636K -32,306 Closed

IG Hedge Fund Activity: Q4 2023 in Review

20 of the 6,860 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.