Principal Exchange-Traded Funds Principal Value ETF
7 hedge funds and large institutions have $10.8M invested in Principal Exchange-Traded Funds Principal Value ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
9.56% less ownership
Funds ownership: 42.83% → 33.27% (-9.6%)
22% less funds holding
Funds holding: 9 → 7 (-2)
23% less capital invested
Capital invested by funds: $14M → $10.8M (-$3.24M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.94M |
| 2 |
LPL Financial
San Diego,
California
|
+$459K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$211K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Capital Wealth Management
W. Warwick,
Rhode Island
|
-$1.96M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$898K |
| 4 |
Goldman Sachs
New York
|
-$706K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$416K |
PY Hedge Fund Activity: Q1 2023 in Review
7 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal Value ETF (PY) for Q1 2023, worth a combined $10.8M — down 23% from $14M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PY and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Envestnet Asset Management, adding an estimated $1.94M. The largest seller was Capital Wealth Management, exiting entirely with an estimated $1.96M sold.
- 7 institutional investors held Principal Exchange-Traded Funds Principal Value ETF (PY) as of Q1 2023, down from 9 in Q4 2022.
- Funds reported $10.8M of Principal Exchange-Traded Funds Principal Value ETF stock for Q1 2023, down 23% quarter-over-quarter.
- 2 funds opened new Principal Exchange-Traded Funds Principal Value ETF positions in Q1 2023 and 4 closed out, a net change of -2 holders.
- The largest Principal Exchange-Traded Funds Principal Value ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $1.94M added.
- The largest Principal Exchange-Traded Funds Principal Value ETF seller in Q1 2023 was Capital Wealth Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2023.