Principal Capital Appreciation Select ETF
LCAP
8 hedge funds and large institutions have $266M invested in Principal Capital Appreciation Select ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 0 closing their positions.
362% more capital invested
Capital invested by funds: $57.6M → $266M (+$208M)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
100% more funds holding
Funds holding: 4 → 8 (+4)
17.06% less ownership
Funds ownership: 162.67% → 145.62% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$79.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$63.3M |
| 3 |
PS
Principal Securities
Des Moines,
Iowa
|
+$62.9M |
| 4 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$465K |
| 5 |
Jane Street
New York
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$39.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Principal Financial Group
Des Moines,
Iowa
| $91.5M | +$79.6M | +2,700,040 | +678% |
|
|
PS
2
Principal Securities
Des Moines,
Iowa
| $86.8M | +$62.9M | +2,136,058 | +266% |
|
|
3
Envestnet Asset Management
Chicago,
Illinois
| $86.6M | +$63.3M | +2,149,415 | +275% |
|
|
SW
4
Simplicity Wealth
Summit,
New Jersey
| $467K | +$465K | +15,794 | New |
|
|
5
Jane Street
New York
| $374K | +$373K | +12,645 | New |
|
|
CA
6
CoreCap Advisors
Southfield,
Michigan
| $51.2K | +$51.1K | +1,733 | New |
|
|
7
Morgan Stanley
New York
| $19.4K | -$39.6K | -1,344 | -67% |
|
8
JP Morgan Chase
New York
| $3.52K | +$3.51K | +119 | New |
|
LCAP Hedge Fund Activity: Q4 2025 in Review
8 of the 8,238 institutional investors tracked by Wall St. Rank reported a position in Principal Capital Appreciation Select ETF (LCAP) for Q4 2025, worth a combined $266M — up 362% from $57.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LCAP positions and 0 closed out — a net gain of 4 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $79.6M. The largest seller was Morgan Stanley, cutting an estimated $39.6K.
- 8 institutional investors held Principal Capital Appreciation Select ETF (LCAP) as of Q4 2025, up from 4 in Q3 2025.
- Funds reported $266M of Principal Capital Appreciation Select ETF stock for Q4 2025, up 362% quarter-over-quarter.
- 4 funds opened new Principal Capital Appreciation Select ETF positions in Q4 2025 and 0 closed out, a net change of +4 holders.
- The largest Principal Capital Appreciation Select ETF buyer in Q4 2025 was Principal Financial Group, an estimated $79.6M added.
- The largest Principal Capital Appreciation Select ETF seller in Q4 2025 was Morgan Stanley, an estimated $39.6K sold.
Based on aggregated 13F filings for Q4 2025.