Principal Exchange-Traded Funds Principal Quality ETF
PSET
10 hedge funds and large institutions have $19.3M invested in Principal Exchange-Traded Funds Principal Quality ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
33% more capital invested
Capital invested by funds: $14.5M → $19.3M (+$4.8M)
13.84% more ownership
Funds ownership: 52.92% → 66.76% (+14%)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$2.25M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.92M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$134K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$69.2K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$20.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$328K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$90.8K |
| 3 |
LPL Financial
San Diego,
California
|
-$33.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$155 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Envestnet Asset Management
Chicago,
Illinois
| $8.6M | +$1.92M | +37,262 | +29% |
|
|
CA
2
Cetera Advisors
Denver,
Colorado
| $4.26M | +$20.9K | +406 | +0.5% |
|
|
3
Principal Financial Group
Des Moines,
Iowa
| $2.29M | +$2.25M | +43,556 | New |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $1.88M | +$134K | +2,602 | +8% |
|
5
Goldman Sachs
New York
| $1.11M | – | – | – |
|
|
6
LPL Financial
San Diego,
California
| $429K | -$33.3K | -646 | -7% |
|
|
DAS
7
Dynamic Advisor Solutions
Phoenix,
Arizona
| $331K | +$69.2K | +1,342 | +27% |
|
8
Koshinski Asset Management
Decatur,
Illinois
| $251K | – | – | – |
|
|
GRP
9
Global Retirement Partners
San Rafael,
California
| $141K | +$877 | +17 | +0.6% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $15K | -$155 | -3 | -1% |
|
|
FTUS
11
Flow Traders U.S.
New York
| – | -$328K | -6,576 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$90.8K | -1,822 | Closed |
|
PSET Hedge Fund Activity: Q1 2023 in Review
10 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal Quality ETF (PSET) for Q1 2023, worth a combined $19.3M — up 33% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PSET and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 5 added.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $2.25M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $328K sold.
- 10 institutional investors held Principal Exchange-Traded Funds Principal Quality ETF (PSET) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $19.3M of Principal Exchange-Traded Funds Principal Quality ETF stock for Q1 2023, up 33% quarter-over-quarter.
- 1 fund opened new Principal Exchange-Traded Funds Principal Quality ETF positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Principal Exchange-Traded Funds Principal Quality ETF buyer in Q1 2023 was Principal Financial Group, an estimated $2.25M added.
- The largest Principal Exchange-Traded Funds Principal Quality ETF seller in Q1 2023 was Flow Traders U.S., an estimated $328K sold.
Based on aggregated 13F filings for Q1 2023.