Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
41 hedge funds and large institutions have $2.55B invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more capital invested
Capital invested by funds: $2.36B → $2.55B (+$193M)
1.62% more ownership
Funds ownership: 102.95% → 104.57% (+1.6%)
0% more funds holding
Funds holding: 41 → 41 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$28M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.2M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.22M |
| 4 |
SWM
Segment Wealth Management
Houston,
Texas
|
+$5.89M |
| 5 |
Morgan Stanley
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Legacy CG
Plano,
Texas
|
-$5.47M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.35M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$2.22M |
| 4 |
JWM
Jackson Wealth Management
Lake Mary,
Florida
|
-$1.64M |
| 5 |
Jane Street
New York
|
-$1.52M |
USMC Hedge Fund Activity: Q2 2024 in Review
41 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q2 2024, worth a combined $2.55B — up 8.2% from $2.36B a quarter earlier.
Fund positioning in USMC was balanced in Q2 2024: 3 funds opened new positions, 3 closed out, 20 added to existing stakes and 10 trimmed.
The largest buyer was Principal Securities, adding an estimated $28M. The largest seller was Legacy CG, cutting an estimated $5.47M.
- 41 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $2.55B of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q2 2024, up 8.2% quarter-over-quarter.
- 3 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q2 2024 and 3 closed out, a net change of 0 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q2 2024 was Principal Securities, an estimated $28M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q2 2024 was Legacy CG, an estimated $5.47M sold.
Based on aggregated 13F filings for Q2 2024.