Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Principal Exchange Traded Fd (PY)

19 + Investors. Track Smart Money conviction in PY. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
50%

Smart Money Signals — PY

Based on 19 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
19 funds currently hold this stock — 90% of the 3.0-year high of 21 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+1 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

10 buying10 selling
Last quarter: 10 funds bought or added vs 10 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 1 → 5 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 16% medium ■ 21% new
12 out of 19 hedge funds have held PY for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~4 new funds/quarter

3 → 6 → 1 → 5 → 4 new funds/Q
New funds entering each quarter: 6 → 1 → 5 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 26% newcomers

■ 68% veterans ■ 5% 1-2yr ■ 26% new
Entry-cohort mix of 19 holders: 13 (68%) are 2+ year veterans, 1 entered 1–2 years ago, and 5 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
9 of 19 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in PY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PY

In 2026 Q1, 10 hedge funds were net buyers of PY (4 opened a new position, 6 added to an existing one), while 10 reduced or exited (6 trimmed, 4 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 68% of total institutional value in PY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 19.

Hedge Fund Ownership: PY

How many hedge funds hold PY — quarterly history vs. share price
Quarterly hedge fund ownership of PY vs. share price

Market Analysis: PY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PY

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Principal Exchange Traded Fd (PY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PY has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
PY
+4.3%
SPY
+15.1%

PY outperformed SPY by -10.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
PY
+0.6%
SPY
+1.3%

Since the filing became public, PY outperformed SPY by -0.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: PY
19 + Investors

Track Smart Money conviction in PY. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 19 19 -
13F Shares 5M 3M 52.7%
Total Value $250M $167M 49.45%
New Positions 4 5 -1
Increased Positions 6 10 -4
Closed Positions 4 4 -
Reduced Positions 6 2 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PY

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

19 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PY. Verified SEC 13F-HR filings.

QUARTER:
Top 18 PY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Principal Securities, INC. 1.08% 1,428,413 $73.5M
2 Integrity Wealth Partners, LLC 0.28% 5,973 $308K
3 Capital Investment Advisory Services, LLC 0.08% 21,347 $1.1M
4 Principal Financial Group Inc 0.05% 1,973,436 $101.6M
5 Smartleaf Asset Management LLC 0.03% 17,237 $874K
6 Envestnet Asset Management Inc 0.02% 1,268,872 $65.3M
7 Wealth Enhancement Advisory Services, LLC 0.01% 81,228 $4.2M
8 Kestra Advisory Services, LLC 0.00% 10,307 $531K
9 LPL Financial LLC 0.00% 29,401 $1.5M
10 Cetera Investment Advisers 0.00% 4,260 $219K
11 Mcguire Capital Advisors Inc 0.00% 3 —
12 Susquehanna International Group, LLP 0.00% 5,607 $289K
13 Osaic Holdings, INC. 0.00% 417 $22K
14 PNC Financial Services Group, INC. 0.00% 460 $24K
15 UBS Group AG 0.00% 1,405 $72K
16 Northwestern Mutual Wealth Management Co 0.00% 134 $7K
17 Morgan Stanley 0.00% 1,270 $65K
18 Fmr LLC 0.00% 45 $2K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Principal Exchange Traded Fd (PY)

What does the Smart Money Trend signal show for PY?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for PY?

Slight buying edge — 50% buying: Last quarter: 10 funds bought or added vs 10 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PY holders?

Elite ownership — 68% AUM from top-100 funds: 9 of 19 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in PY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PY?

63% of holders stayed for 2+ years: 12 out of 19 hedge funds have held PY for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Principal Exchange Traded Fd (PY) following the 2026 Q1 hedge fund 13F filings?

As of today, PY has moved +0.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (March 31, 2026), PY has gained +4.3% vs +15.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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