Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
27 hedge funds and large institutions have $131M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 7 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
7% more capital invested
Capital invested by funds: $122M → $131M (+$8.81M)
0.27% more ownership
Funds ownership: 6.25% → 6.52% (+0.27%)
7% less funds holding
Funds holding: 29 → 27 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.79M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.91M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$793K |
| 4 |
LPL Financial
San Diego,
California
|
+$483K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$1.98M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$423K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$414K |
| 4 |
HF
HRT Financial
New York
|
-$243K |
| 5 |
Jane Street
New York
|
-$214K |
USMC Hedge Fund Activity: Q3 2021 in Review
27 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q3 2021, worth a combined $131M — up 7.2% from $122M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of USMC and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Principal Financial Group, adding an estimated $4.79M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $1.98M sold.
- 27 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q3 2021, down from 29 in Q2 2021.
- Funds reported $131M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q3 2021, up 7.2% quarter-over-quarter.
- 5 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q3 2021 and 7 closed out, a net change of -2 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q3 2021 was Principal Financial Group, an estimated $4.79M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q3 2021 was Cornerstone Wealth Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q3 2021.