Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
21 hedge funds and large institutions have $88.3M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 3 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $75M → $88.3M (+$13.3M)
11% more funds holding
Funds holding: 19 → 21 (+2)
1.54% more ownership
Funds ownership: 4.63% → 6.17% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.65M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.01M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$1.19M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$649K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$636K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$201K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$47.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.28K |
USMC Hedge Fund Activity: Q3 2019 in Review
21 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q3 2019, worth a combined $88.3M — up 18% from $75M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new USMC positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.65M. The largest seller was Citadel Advisors, exiting entirely with an estimated $649K sold.
- 21 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q3 2019, up from 19 in Q2 2019.
- Funds reported $88.3M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q3 2019, up 18% quarter-over-quarter.
- 5 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q3 2019 was Morgan Stanley, an estimated $3.65M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q3 2019 was Citadel Advisors, an estimated $649K sold.
Based on aggregated 13F filings for Q3 2019.