Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
35 hedge funds and large institutions have $2.04B invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 6 closing their positions.
53% more capital invested
Capital invested by funds: $1.33B → $2.04B (+$706M)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
8.96% more ownership
Funds ownership: 90.86% → 99.82% (+9%)
6% more funds holding
Funds holding: 33 → 35 (+2)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$437M |
| 2 |
LC
Legacy CG
Plano,
Texas
|
+$14.6M |
| 3 |
Morgan Stanley
New York
|
+$8.66M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.34M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.44M |
| 2 |
Jane Street
New York
|
-$933K |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$891K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$744K |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
-$718K |
USMC Hedge Fund Activity: Q4 2023 in Review
35 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q4 2023, worth a combined $2.04B — up 53% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new USMC positions and 6 closed out — a net gain of 3 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $437M. The largest seller was Susquehanna International Group, cutting an estimated $1.44M.
- 35 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q4 2023, up from 33 in Q3 2023.
- Funds reported $2.04B of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q4 2023, up 53% quarter-over-quarter.
- 9 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q4 2023 and 6 closed out, a net change of +3 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q4 2023 was Principal Financial Group, an estimated $437M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q4 2023 was Susquehanna International Group, an estimated $1.44M sold.
Based on aggregated 13F filings for Q4 2023.