Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
13 hedge funds and large institutions have $44.2M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
16% more capital invested
Capital invested by funds: $38.1M → $44.2M (+$6.1M)
0.09% more ownership
Funds ownership: 2.68% → 2.76% (+0.09%)
7% less funds holding
Funds holding: 14 → 13 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$679K |
| 2 |
LPL Financial
San Diego,
California
|
+$486K |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$485K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$305K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$514K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$252K |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$84.1K |
| 4 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$26K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6K |
USMC Hedge Fund Activity: Q1 2019 in Review
13 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q1 2019, worth a combined $44.2M — up 16% from $38.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of USMC and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $679K. The largest seller was Susquehanna International Group, cutting an estimated $514K.
- 13 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q1 2019, down from 14 in Q4 2018.
- Funds reported $44.2M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q1 2019, up 16% quarter-over-quarter.
- 2 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q1 2019 and 3 closed out, a net change of -1 holder.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q1 2019 was Citadel Advisors, an estimated $679K added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q1 2019 was Susquehanna International Group, an estimated $514K sold.
Based on aggregated 13F filings for Q1 2019.