Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
23 hedge funds and large institutions have $150M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
2,330% more capital inflows, than outflows
Capital inflows: $73.6M | Capital outflows: $3.03M
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
10% more funds holding
Funds holding: 21 → 23 (+2)
3.9% more ownership
Funds ownership: 4.45% → 8.35% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$70.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.12M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$547K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$329K |
| 5 |
Morgan Stanley
New York
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$917K |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$429K |
| 4 |
LPL Financial
San Diego,
California
|
-$221K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$97K |
USMC Hedge Fund Activity: Q4 2020 in Review
23 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q4 2020, worth a combined $150M — up 114% from $69.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new USMC positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $70.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.23M sold.
- 23 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q4 2020, up from 21 in Q3 2020.
- Funds reported $150M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q4 2020, up 114% quarter-over-quarter.
- 4 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q4 2020 and 2 closed out, a net change of +2 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q4 2020 was Principal Financial Group, an estimated $70.2M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q4 2020 was Citadel Advisors, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2020.