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
Miami,
Florida
|
-$217K |
YLD Hedge Fund Activity: Q4 2023 in Review
35 of the 6,870 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.