Principal Financial Group
PFG
765 hedge funds and large institutions have $14.4B invested in Principal Financial Group in 2024 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 252 increasing their positions, 273 reducing their positions, and 62 closing their positions.
32% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 62
7% more capital invested
Capital invested by funds: $13.5B → $14.4B (+$914M)
1% more funds holding
Funds holding: 755 → 765 (+10)
1% more call options, than puts
Call options by funds: $21.4M | Put options by funds: $21.1M
8% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 273
1.54% less ownership
Funds ownership: 72.38% → 70.85% (-1.5%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$149M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$46.3M |
| 3 |
BlackRock
New York
|
+$43.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$43.4M |
| 5 |
Amundi
Paris,
France
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$331M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$210M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$110M |
| 4 |
RAG
RIA Advisory Group
Des Moines,
Iowa
|
-$86.1M |
| 5 |
Goldman Sachs
New York
|
-$61.9M |
PFG Hedge Fund Activity: Q1 2024 in Review
765 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2024, worth a combined $14.4B — up 6.8% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new PFG positions and 62 closed out — a net gain of 20 holders — while 252 added to existing stakes and 273 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $149M. The largest seller was Morgan Stanley, cutting an estimated $331M.
- 765 institutional investors held Principal Financial Group (PFG) as of Q1 2024, up from 755 in Q4 2023.
- Funds reported $14.4B of Principal Financial Group stock for Q1 2024, up 6.8% quarter-over-quarter.
- 82 funds opened new Principal Financial Group positions in Q1 2024 and 62 closed out, a net change of +20 holders.
- The largest Principal Financial Group buyer in Q1 2024 was JP Morgan Chase, an estimated $149M added.
- The largest Principal Financial Group seller in Q1 2024 was Morgan Stanley, an estimated $331M sold.
Based on aggregated 13F filings for Q1 2024.