Principal Financial Group
399 hedge funds and large institutions have $9.78B invested in Principal Financial Group in 2014 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 139 increasing their positions, 134 reducing their positions, and 35 closing their positions.
34% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 35
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
12% more capital invested
Capital invested by funds: $8.74B → $9.78B (+$1.04B)
2% more funds holding
Funds holding: 390 → 399 (+9)
1.45% more ownership
Funds ownership: 64.41% → 65.86% (+1.4%)
4% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 134
33% less call options, than puts
Call options by funds: $5.79M | Put options by funds: $8.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$261M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$59M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$53.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$42.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$69.7M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$60.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$59.8M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
-$43.9M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$43.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TH
426
Timber Hill
Greenwich,
Connecticut
| – | -$252K | -5,344 | Closed |
|
|
CBB
427
Citizens Business Bank
Ontario,
California
| – | -$230K | -5,000 | Closed |
|
|
IPC
428
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$217K | -4,725 | Closed |
|
|
WTIM
429
Wilmington Trust Investment Management
Wilmington,
Delaware
| – | -$207K | -4,500 | Closed |
|
430
Verition Fund Management
Greenwich,
Connecticut
| – | -$204K | -4,439 | Closed |
|
|
AR
431
Advisory Research
Chicago,
Illinois
| – | -$74K | -1,616 | Closed |
|
|
WAM
432
Wolverine Asset Management
Chicago,
Illinois
| – | -$42.4K | -900 | Closed |
|
|
KCPG
433
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$6K | -143 | Closed |
|
|
FG
434
FSI Group
Cincinnati,
Ohio
| – | -$5K | -111 | Closed |
|
PFG Hedge Fund Activity: Q2 2014 in Review
399 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q2 2014, worth a combined $9.78B — up 12% from $8.74B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PFG positions and 35 closed out — a net gain of 12 holders — while 139 added to existing stakes and 134 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $261M. The largest seller was Bank of New York Mellon, cutting an estimated $69.7M.
- 399 institutional investors held Principal Financial Group (PFG) as of Q2 2014, up from 390 in Q1 2014.
- Funds reported $9.78B of Principal Financial Group stock for Q2 2014, up 12% quarter-over-quarter.
- 47 funds opened new Principal Financial Group positions in Q2 2014 and 35 closed out, a net change of +12 holders.
- The largest Principal Financial Group buyer in Q2 2014 was Wellington Management Group, an estimated $261M added.
- The largest Principal Financial Group seller in Q2 2014 was Bank of New York Mellon, an estimated $69.7M sold.
Based on aggregated 13F filings for Q2 2014.