Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
23 hedge funds and large institutions have $940M invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
7% more capital invested
Capital invested by funds: $875M → $940M (+$64.9M)
5% more funds holding
Funds holding: 22 → 23 (+1)
1.38% more ownership
Funds ownership: 87.49% → 88.87% (+1.4%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.44M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.45M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$907K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$898K |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.01M |
| 2 |
LPL Financial
San Diego,
California
|
-$401K |
| 3 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$301K |
| 4 |
Goldman Sachs
New York
|
-$271K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$184K |
USMC Hedge Fund Activity: Q4 2022 in Review
23 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q4 2022, worth a combined $940M — up 7.4% from $875M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new USMC positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $8.44M. The largest seller was Bank of America, cutting an estimated $1.01M.
- 23 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q4 2022, up from 22 in Q3 2022.
- Funds reported $940M of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q4 2022, up 7.4% quarter-over-quarter.
- 2 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q4 2022 and 1 closed out, a net change of +1 holder.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q4 2022 was Envestnet Asset Management, an estimated $8.44M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q4 2022 was Bank of America, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2022.