Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
21 hedge funds and large institutions have $69.9M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $60.5M → $69.9M (+$9.46M)
0.45% more ownership
Funds ownership: 4% → 4.45% (+0.45%)
5% less funds holding
Funds holding: 22 → 21 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$2.64M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.66M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.43M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$355K |
| 5 |
Morgan Stanley
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.23M |
| 2 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$461K |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$197K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$101K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$96.9K |
USMC Hedge Fund Activity: Q3 2020 in Review
21 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q3 2020, worth a combined $69.9M — up 16% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of USMC and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 12 added.
The largest buyer was Principal Financial Group, adding an estimated $2.64M. The largest seller was Envestnet Asset Management, cutting an estimated $2.23M.
- 21 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q3 2020, down from 22 in Q2 2020.
- Funds reported $69.9M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q3 2020, up 16% quarter-over-quarter.
- 1 fund opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q3 2020 and 2 closed out, a net change of -1 holder.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q3 2020 was Principal Financial Group, an estimated $2.64M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q3 2020 was Envestnet Asset Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2020.