Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
22 hedge funds and large institutions have $875M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
1.11% more ownership
Funds ownership: 86.39% → 87.49% (+1.1%)
12% less funds holding
Funds holding: 25 → 22 (-3)
26% less capital invested
Capital invested by funds: $1.18B → $875M (-$307M)
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
|
+$3.79M |
| 2 |
Goldman Sachs
New York
|
+$1.28M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.23M |
| 4 |
LPL Financial
San Diego,
California
|
+$541K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$241M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.21M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.65M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.21M |
USMC Hedge Fund Activity: Q3 2022 in Review
22 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q3 2022, worth a combined $875M — down 26% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USMC and 1 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Envestnet Asset Management, adding an estimated $3.79M. The largest seller was Principal Financial Group, cutting an estimated $241M.
- 22 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q3 2022, down from 25 in Q2 2022.
- Funds reported $875M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q3 2022, down 26% quarter-over-quarter.
- 1 fund opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q3 2022 and 4 closed out, a net change of -3 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q3 2022 was Envestnet Asset Management, an estimated $3.79M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q3 2022 was Principal Financial Group, an estimated $241M sold.
Based on aggregated 13F filings for Q3 2022.