Principal Active High Yield ETF
YLD
5 hedge funds and large institutions have $274M invested in Principal Active High Yield ETF in 2017 Q4 according to their latest regulatory filings, with funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
1% less capital invested
Capital invested by funds: $278M → $274M (-$3.88M)
2.27% less ownership
Funds ownership: 189.64% → 187.36% (-2.3%)
29% less funds holding
Funds holding: 7 → 5 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$2.08M |
| 2 |
LPL Financial
San Diego,
California
|
+$25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$756K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$438K |
| 3 |
Citigroup
New York
|
-$324K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Principal Financial Group
Des Moines,
Iowa
| $272M | +$2.08M | +100,000 | +0.8% |
|
|
2
Citigroup
New York
| $996K | -$324K | -15,534 | -24% |
|
|
3
LPL Financial
San Diego,
California
| $451K | +$25K | +1,200 | +6% |
|
|
WEC
4
Winslow Evans & Crocker
Boston,
Massachusetts
| $15.1K | – | – | – |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
6
Jane Street
New York
| – | -$756K | -36,030 | Closed |
|
|
PAG
7
Private Advisor Group
Morristown,
New Jersey
| – | -$438K | -20,990 | Closed |
|
YLD Hedge Fund Activity: Q4 2017 in Review
5 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Principal Active High Yield ETF (YLD) for Q4 2017, worth a combined $274M — down 1.4% from $278M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of YLD and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Principal Financial Group, adding an estimated $2.08M. The largest seller was Jane Street, exiting entirely with an estimated $756K sold.
- 5 institutional investors held Principal Active High Yield ETF (YLD) as of Q4 2017, down from 7 in Q3 2017.
- Funds reported $274M of Principal Active High Yield ETF stock for Q4 2017, down 1.4% quarter-over-quarter.
- 0 funds opened new Principal Active High Yield ETF positions in Q4 2017 and 2 closed out, a net change of -2 holders.
- The largest Principal Active High Yield ETF buyer in Q4 2017 was Principal Financial Group, an estimated $2.08M added.
- The largest Principal Active High Yield ETF seller in Q4 2017 was Jane Street, an estimated $756K sold.
Based on aggregated 13F filings for Q4 2017.