Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
29 hedge funds and large institutions have $1.37B invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 28 → 29 (+1)
7.75% less ownership
Funds ownership: 92.61% → 84.86% (-7.8%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
21% less capital invested
Capital invested by funds: $1.73B → $1.37B (-$359M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.92M |
| 2 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$1.67M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$988K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$634K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$580K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$245M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$59M |
| 3 |
Morgan Stanley
New York
|
-$935K |
| 4 |
LPL Financial
San Diego,
California
|
-$240K |
| 5 |
BF
Brooklyn FI
New York
|
-$202K |
USMC Hedge Fund Activity: Q1 2022 in Review
29 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q1 2022, worth a combined $1.37B — down 21% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new USMC positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $7.92M. The largest seller was Principal Financial Group, cutting an estimated $245M.
- 29 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q1 2022, up from 28 in Q4 2021.
- Funds reported $1.37B of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q1 2022, down 21% quarter-over-quarter.
- 5 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q1 2022 and 4 closed out, a net change of +1 holder.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q1 2022 was Envestnet Asset Management, an estimated $7.92M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q1 2022 was Principal Financial Group, an estimated $245M sold.
Based on aggregated 13F filings for Q1 2022.