Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
29 hedge funds and large institutions have $122M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
41% more capital invested
Capital invested by funds: $86.8M → $122M (+$35.6M)
12% more funds holding
Funds holding: 26 → 29 (+3)
1.48% more ownership
Funds ownership: 4.77% → 6.25% (+1.5%)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$32.2M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.58M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.81M |
| 4 |
SWM
Segment Wealth Management
Houston,
Texas
|
+$294K |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$3.39M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.96M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.69M |
| 4 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$577K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$531K |
USMC Hedge Fund Activity: Q2 2021 in Review
29 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q2 2021, worth a combined $122M — up 41% from $86.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new USMC positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $32.2M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $3.39M sold.
- 29 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q2 2021, up from 26 in Q1 2021.
- Funds reported $122M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q2 2021, up 41% quarter-over-quarter.
- 7 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q2 2021 and 4 closed out, a net change of +3 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q2 2021 was Horizon Investments, an estimated $32.2M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q2 2021 was Flow Traders U.S., an estimated $3.39M sold.
Based on aggregated 13F filings for Q2 2021.