Principal Active High Yield ETF
YLD
4 hedge funds and large institutions have $13.3M invested in Principal Active High Yield ETF in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
30.02% more ownership
Funds ownership: 78.32% → 108.35% (+30%)
12% more capital invested
Capital invested by funds: $11.9M → $13.3M (+$1.38M)
20% less funds holding
Funds holding: 5 → 4 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.14M |
| 2 |
LPL Financial
San Diego,
California
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.68M |
| 2 |
Jane Street
New York
|
-$388K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$36K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Citigroup
New York
| $5.94M | – | – | – |
|
|
2
Principal Financial Group
Des Moines,
Iowa
| $5.02M | +$7.14M | +400,002 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.99M | -$36K | -2,014 | -2% |
|
|
4
LPL Financial
San Diego,
California
| $332K | +$318K | +17,796 | New |
|
|
5
Bank of America
Charlotte,
North Carolina
| – | -$3.68M | -200,000 | Closed |
|
|
6
Jane Street
New York
| – | -$388K | -21,066 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$22K | -1,218 | Closed |
|
YLD Hedge Fund Activity: Q1 2016 in Review
4 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Principal Active High Yield ETF (YLD) for Q1 2016, worth a combined $13.3M — up 12% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of YLD and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $7.14M. The largest seller was Bank of America, exiting entirely with an estimated $3.68M sold.
- 4 institutional investors held Principal Active High Yield ETF (YLD) as of Q1 2016, down from 5 in Q4 2015.
- Funds reported $13.3M of Principal Active High Yield ETF stock for Q1 2016, up 12% quarter-over-quarter.
- 2 funds opened new Principal Active High Yield ETF positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest Principal Active High Yield ETF buyer in Q1 2016 was Principal Financial Group, an estimated $7.14M added.
- The largest Principal Active High Yield ETF seller in Q1 2016 was Bank of America, an estimated $3.68M sold.
Based on aggregated 13F filings for Q1 2016.