Principal Capital Appreciation Select ETF
LCAP
9 hedge funds and large institutions have $366M invested in Principal Capital Appreciation Select ETF in 2026 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
38% more capital invested
Capital invested by funds: $266M → $366M (+$99.9M)
13.69% more ownership
Funds ownership: 145.62% → 159.31% (+14%)
13% more funds holding
Funds holding: 8 → 9 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$56.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$55.6M |
| 3 |
Morgan Stanley
New York
|
+$1.79M |
| 4 |
Jane Street
New York
|
+$615K |
| 5 |
PB
Pinnacle Bancorp
Beatrice,
Nebraska
|
+$5.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$5.89M |
| 2 |
JP Morgan Chase
New York
|
-$3.52K |
| 3 |
SW
Simplicity Wealth
Summit,
New Jersey
|
-$1.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PS
1
Principal Securities
Des Moines,
Iowa
| $140M | +$56.3M | +1,879,888 | +64% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $139M | +$55.6M | +1,854,428 | +63% |
|
|
3
Principal Financial Group
Des Moines,
Iowa
| $84.1M | -$5.89M | -196,431 | -6% |
|
|
4
Morgan Stanley
New York
| $1.75M | +$1.79M | +59,828 | +9,120% |
|
|
5
Jane Street
New York
| $962K | +$615K | +20,528 | +162% |
|
|
SW
6
Simplicity Wealth
Summit,
New Jersey
| $456K | -$1.5K | -50 | -0.3% |
|
|
CA
7
CoreCap Advisors
Southfield,
Michigan
| $50.2K | – | – | – |
|
|
PB
8
Pinnacle Bancorp
Beatrice,
Nebraska
| $4.93K | +$5.09K | +170 | New |
|
9
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $725 | +$749 | +25 | New |
|
|
10
JP Morgan Chase
New York
| – | -$3.52K | -119 | Closed |
|
LCAP Hedge Fund Activity: Q1 2026 in Review
9 of the 8,150 institutional investors tracked by Wall St. Rank reported a position in Principal Capital Appreciation Select ETF (LCAP) for Q1 2026, worth a combined $366M — up 38% from $266M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new LCAP positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Principal Securities, adding an estimated $56.3M. The largest seller was Principal Financial Group, cutting an estimated $5.89M.
- 9 institutional investors held Principal Capital Appreciation Select ETF (LCAP) as of Q1 2026, up from 8 in Q4 2025.
- Funds reported $366M of Principal Capital Appreciation Select ETF stock for Q1 2026, up 38% quarter-over-quarter.
- 2 funds opened new Principal Capital Appreciation Select ETF positions in Q1 2026 and 1 closed out, a net change of +1 holder.
- The largest Principal Capital Appreciation Select ETF buyer in Q1 2026 was Principal Securities, an estimated $56.3M added.
- The largest Principal Capital Appreciation Select ETF seller in Q1 2026 was Principal Financial Group, an estimated $5.89M sold.
Based on aggregated 13F filings for Q1 2026.