Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
26 hedge funds and large institutions have $86.8M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
13% more funds holding
Funds holding: 23 → 26 (+3)
3.58% less ownership
Funds ownership: 8.35% → 4.77% (-3.6%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
89% less capital inflows, than outflows
Capital inflows: $7.91M | Capital outflows: $74.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$3.18M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.43M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$813K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$689K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$65.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.04M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$1M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$521K |
| 5 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$329K |
USMC Hedge Fund Activity: Q1 2021 in Review
26 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q1 2021, worth a combined $86.8M — down 42% from $150M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new USMC positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $3.18M. The largest seller was Principal Financial Group, cutting an estimated $65.8M.
- 26 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q1 2021, up from 23 in Q4 2020.
- Funds reported $86.8M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q1 2021, down 42% quarter-over-quarter.
- 5 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q1 2021 and 2 closed out, a net change of +3 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q1 2021 was Flow Traders U.S., an estimated $3.18M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q1 2021 was Principal Financial Group, an estimated $65.8M sold.
Based on aggregated 13F filings for Q1 2021.