Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
20 hedge funds and large institutions have $32.4M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
3.98% less ownership
Funds ownership: 6.17% → 2.18% (-4%)
5% less funds holding
Funds holding: 21 → 20 (-1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
63% less capital invested
Capital invested by funds: $88.3M → $32.4M (-$56M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$1.41M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$951K |
| 4 |
LPL Financial
San Diego,
California
|
+$635K |
| 5 |
Morgan Stanley
New York
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$64.1M |
| 2 |
Jane Street
New York
|
-$547K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$69.1K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$57.3K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$49.4K |
USMC Hedge Fund Activity: Q4 2019 in Review
20 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q4 2019, worth a combined $32.4M — down 63% from $88.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USMC and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.
The largest buyer was Principal Financial Group, adding an estimated $1.41M. The largest seller was Envestnet Asset Management, cutting an estimated $64.1M.
- 20 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q4 2019, down from 21 in Q3 2019.
- Funds reported $32.4M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q4 2019, down 63% quarter-over-quarter.
- 3 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q4 2019 and 4 closed out, a net change of -1 holder.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q4 2019 was Principal Financial Group, an estimated $1.41M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q4 2019 was Envestnet Asset Management, an estimated $64.1M sold.
Based on aggregated 13F filings for Q4 2019.