Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
33 hedge funds and large institutions have $1.33B invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
22% more funds holding
Funds holding: 27 → 33 (+6)
0.13% less ownership
Funds ownership: 90.99% → 90.86% (-0.13%)
0% less capital invested
Capital invested by funds: $1.33B → $1.33B (-$4.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$15.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.54M |
| 3 |
JWM
Jackson Wealth Management
Lake Mary,
Florida
|
+$1.53M |
| 4 |
Jane Street
New York
|
+$1.49M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.16M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$790K |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$495K |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$280K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$184K |
USMC Hedge Fund Activity: Q3 2023 in Review
33 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q3 2023, worth a combined $1.33B — down 0.33% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new USMC positions and 4 closed out — a net gain of 6 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $15.9M. The largest seller was MML Investors Services, exiting entirely with an estimated $1.16M sold.
- 33 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q3 2023, up from 27 in Q2 2023.
- Funds reported $1.33B of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q3 2023, down 0.33% quarter-over-quarter.
- 10 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q3 2023 and 4 closed out, a net change of +6 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q3 2023 was Raymond James Financial Services Advisors, an estimated $15.9M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q3 2023 was MML Investors Services, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2023.