Principal Active High Yield ETF
YLD
35 hedge funds and large institutions have $121M invested in Principal Active High Yield ETF in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
52% more funds holding
Funds holding: 23 → 35 (+12)
46% more capital invested
Capital invested by funds: $82.7M → $121M (+$38.1M)
4.64% more ownership
Funds ownership: 77.03% → 81.67% (+4.6%)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAS
Nicolet Advisory Services
Green Bay,
Wisconsin
|
+$13.7M |
| 2 |
FWM
Fortress Wealth Management
Culver City,
California
|
+$2.39M |
| 3 |
AA
AJ Advisors
Nashville,
Tennessee
|
+$1.93M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.86M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.15M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.07M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$814K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$739K |
| 5 |
GS
GTS Securities
New York
|
-$217K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $163K | -$65.2K | -3,564 | -29% |
|
|
SAM
27
Smartleaf Asset Management
Boston,
Massachusetts
| $71.8K | +$69.3K | +3,792 | New |
|
28
JP Morgan Chase
New York
| $33.2K | +$20.9K | +1,141 | +184% |
|
|
IGWM
29
ICA Group Wealth Management
Denver,
Colorado
| $30.2K | +$29.3K | +1,600 | New |
|
30
Comerica Bank
Dallas,
Texas
| $22.6K | +$1.37K | +75 | +7% |
|
|
LA
31
LM Advisors
San Diego,
California
| $18.9K | +$18.3K | +1,000 | New |
|
|
HI
32
Harbour Investments
Madison,
Wisconsin
| $4.71K | – | – | – |
|
33
Morgan Stanley
New York
| $1.66K | +$1.57K | +86 | New |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $75 | – | – | – |
|
35
Wells Fargo
San Francisco,
California
| $18 | +$18 | +1 | New |
|
|
36
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.07M | -58,056 | Closed |
|
37
UBS Group
Zurich,
Switzerland
| – | -$74.7K | -4,139 | Closed |
|
38
Bank of America
Charlotte,
North Carolina
| – | -$28K | -1,550 | Closed |
|
YLD Hedge Fund Activity: Q4 2023 in Review
35 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Principal Active High Yield ETF (YLD) for Q4 2023, worth a combined $121M — up 46% from $82.7M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new YLD positions and 3 closed out — a net gain of 12 holders — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Nicolet Advisory Services, opening a new position worth an estimated $13.7M. The largest seller was Jane Street, cutting an estimated $2.15M.
- 35 institutional investors held Principal Active High Yield ETF (YLD) as of Q4 2023, up from 23 in Q3 2023.
- Funds reported $121M of Principal Active High Yield ETF stock for Q4 2023, up 46% quarter-over-quarter.
- 15 funds opened new Principal Active High Yield ETF positions in Q4 2023 and 3 closed out, a net change of +12 holders.
- The largest Principal Active High Yield ETF buyer in Q4 2023 was Nicolet Advisory Services, an estimated $13.7M added.
- The largest Principal Active High Yield ETF seller in Q4 2023 was Jane Street, an estimated $2.15M sold.
Based on aggregated 13F filings for Q4 2023.