Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
25 hedge funds and large institutions have $1.18B invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 4 closing their positions.
509% more capital inflows, than outflows
Capital inflows: $18.2M | Capital outflows: $3M
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
1.53% more ownership
Funds ownership: 84.86% → 86.39% (+1.5%)
14% less funds holding
Funds holding: 29 → 25 (-4)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.94M |
| 2 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$4.91M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.44M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.09M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$1.7M |
| 2 |
Flow Traders U.S.
New York
|
-$646K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$269K |
| 4 |
Atria Wealth Solutions
New York
|
-$207K |
| 5 |
Morgan Stanley
New York
|
-$112K |
USMC Hedge Fund Activity: Q2 2022 in Review
25 of the 5,962 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q2 2022, worth a combined $1.18B — down 14% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USMC and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 13 added.
The largest buyer was Envestnet Asset Management, adding an estimated $5.94M. The largest seller was Cornercap Investment Counsel, exiting entirely with an estimated $1.7M sold.
- 25 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q2 2022, down from 29 in Q1 2022.
- Funds reported $1.18B of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q2 2022, down 14% quarter-over-quarter.
- 1 fund opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q2 2022 and 4 closed out, a net change of -3 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q2 2022 was Envestnet Asset Management, an estimated $5.94M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q2 2022 was Cornercap Investment Counsel, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2022.