Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
51 hedge funds and large institutions have $2.66B invested in Principal Exchange-Traded Funds Principal US Mega-Cap ETF in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 0 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
24% more funds holding
Funds holding: 41 → 51 (+10)
4% more capital invested
Capital invested by funds: $2.55B → $2.66B (+$108M)
0.33% more ownership
Funds ownership: 104.57% → 104.9% (+0.33%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OBWP
O'Brien Wealth Partners
Waltham,
Massachusetts
|
+$26M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$7.21M |
| 3 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$6.75M |
| 4 |
PS
Principal Securities
Des Moines,
Iowa
|
+$4.72M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$83.9M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$2.41M |
| 3 |
JP Morgan Chase
New York
|
-$1.24M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.22M |
| 5 |
GS
GTS Securities
Miami,
Florida
|
-$861K |
USMC Hedge Fund Activity: Q3 2024 in Review
51 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) for Q3 2024, worth a combined $2.66B — up 4.2% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new USMC positions and 0 closed out — a net gain of 10 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was O'Brien Wealth Partners, adding an estimated $26M. The largest seller was Principal Financial Group, cutting an estimated $83.9M.
- 51 institutional investors held Principal Exchange-Traded Funds Principal US Mega-Cap ETF (USMC) as of Q3 2024, up from 41 in Q2 2024.
- Funds reported $2.66B of Principal Exchange-Traded Funds Principal US Mega-Cap ETF stock for Q3 2024, up 4.2% quarter-over-quarter.
- 10 funds opened new Principal Exchange-Traded Funds Principal US Mega-Cap ETF positions in Q3 2024 and 0 closed out, a net change of +10 holders.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF buyer in Q3 2024 was O'Brien Wealth Partners, an estimated $26M added.
- The largest Principal Exchange-Traded Funds Principal US Mega-Cap ETF seller in Q3 2024 was Principal Financial Group, an estimated $83.9M sold.
Based on aggregated 13F filings for Q3 2024.