Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
20 hedge funds and large institutions have $35.4M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
9% more capital invested
Capital invested by funds: $32.4M → $35.4M (+$3M)
0.66% more ownership
Funds ownership: 2.18% → 2.84% (+0.66%)
0% more funds holding
Funds holding: 20 → 20 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$2.93M |
| 2 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$2.2M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$2.03M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$1.88M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.7M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$450K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$375K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$129K |
| 5 |
Citigroup
New York
|
-$59K |
USMC Hedge Fund Activity: Q1 2020 in Review
20 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q1 2020, worth a combined $35.4M — up 9.2% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new USMC positions and 4 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $2.93M. The largest seller was Morgan Stanley, cutting an estimated $1.7M.
- 20 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $35.4M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q1 2020, up 9.2% quarter-over-quarter.
- 6 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q1 2020 and 4 closed out, a net change of +2 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q1 2020 was NewEdge Advisors, an estimated $2.93M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q1 2020 was Morgan Stanley, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2020.