Principal Investment Grade Corporate Active ETF
20 hedge funds and large institutions have $92M invested in Principal Investment Grade Corporate Active ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
24.71% more ownership
Funds ownership: 168.86% → 193.57% (+25%)
13% more capital invested
Capital invested by funds: $81.5M → $92M (+$10.5M)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$4.34M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.01M |
| 3 |
Jane Street
New York
|
+$3.62M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.93M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$3.97M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$412K |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
-$99.6K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$73.9K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
-$31K |
IG Hedge Fund Activity: Q1 2024 in Review
20 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Principal Investment Grade Corporate Active ETF (IG) for Q1 2024, worth a combined $92M — up 13% from $81.5M a quarter earlier.
Fund positioning in IG was balanced in Q1 2024: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 8 trimmed.
The largest buyer was Principal Securities, adding an estimated $4.34M. The largest seller was Western Wealth Management, exiting entirely with an estimated $3.97M sold.
- 20 institutional investors held Principal Investment Grade Corporate Active ETF (IG) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $92M of Principal Investment Grade Corporate Active ETF stock for Q1 2024, up 13% quarter-over-quarter.
- 4 funds opened new Principal Investment Grade Corporate Active ETF positions in Q1 2024 and 4 closed out, a net change of 0 holders.
- The largest Principal Investment Grade Corporate Active ETF buyer in Q1 2024 was Principal Securities, an estimated $4.34M added.
- The largest Principal Investment Grade Corporate Active ETF seller in Q1 2024 was Western Wealth Management, an estimated $3.97M sold.
Based on aggregated 13F filings for Q1 2024.