Principal Active High Yield ETF
YLD
7 hedge funds and large institutions have $266M invested in Principal Active High Yield ETF in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $284M → $266M (-$18.7M)
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
189.13% less ownership
Funds ownership: 1,774.73% → 1,585.6% (-189%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$12.8K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.49K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$29.1M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1.95M |
| 3 |
Jane Street
New York
|
-$603K |
| 4 |
Citigroup
New York
|
-$601K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$10.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
1
Edge Asset Management
Seattle,
Washington
| $262M | +$2M | +100,000 | +0.8% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2.16M | +$3.49K | +174 | +0.2% |
|
|
3
Citigroup
New York
| $609K | -$601K | -30,000 | -50% |
|
|
4
Jane Street
New York
| $394K | -$603K | -30,106 | -61% |
|
5
LPL Financial
San Diego,
California
| $383K | – | – | – |
|
|
PAG
6
Private Advisor Group
Morristown,
New Jersey
| $233K | -$10.4K | -520 | -4% |
|
|
7
UBS Group
Zurich,
Switzerland
| $13K | +$12.8K | +640 | New |
|
|
8
Principal Financial Group
Des Moines,
Iowa
| – | -$29.1M | -1,500,000 | Closed |
|
|
VKH
9
Virtu KCG Holdings
New York
| – | -$1.95M | -100,502 | Closed |
|
YLD Hedge Fund Activity: Q3 2016 in Review
7 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Principal Active High Yield ETF (YLD) for Q3 2016, worth a combined $266M — down 6.6% from $284M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of YLD and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Edge Asset Management, adding an estimated $2M. The largest seller was Principal Financial Group, exiting entirely with an estimated $29.1M sold.
- 7 institutional investors held Principal Active High Yield ETF (YLD) as of Q3 2016, down from 8 in Q2 2016.
- Funds reported $266M of Principal Active High Yield ETF stock for Q3 2016, down 6.6% quarter-over-quarter.
- 1 fund opened new Principal Active High Yield ETF positions in Q3 2016 and 2 closed out, a net change of -1 holder.
- The largest Principal Active High Yield ETF buyer in Q3 2016 was Edge Asset Management, an estimated $2M added.
- The largest Principal Active High Yield ETF seller in Q3 2016 was Principal Financial Group, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2016.