Principal Financial Group
PFG
743 hedge funds and large institutions have $13.5B invested in Principal Financial Group in 2023 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 279 increasing their positions, 246 reducing their positions, and 94 closing their positions.
55% more call options, than puts
Call options by funds: $22.6M | Put options by funds: $14.5M
13% more repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 246
0.43% more ownership
Funds ownership: 75.48% → 75.91% (+0.43%)
5% less funds holding
Funds holding: 783 → 743 (-40)
11% less capital invested
Capital invested by funds: $15.2B → $13.5B (-$1.72B)
24% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 94
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$316M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$175M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$144M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$124M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$308M |
| 2 |
BlackRock
New York
|
-$174M |
| 3 |
State Street
Boston,
Massachusetts
|
-$167M |
| 4 |
Morgan Stanley
New York
|
-$137M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$63.4M |
PFG Hedge Fund Activity: Q1 2023 in Review
743 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2023, worth a combined $13.5B — down 11% from $15.2B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of PFG and 71 opened new positions — a net loss of 23 holders — while 246 trimmed existing stakes and 279 added.
The largest buyer was Envestnet Asset Management, adding an estimated $316M. The largest seller was Charles Schwab, cutting an estimated $308M.
- 743 institutional investors held Principal Financial Group (PFG) as of Q1 2023, down from 783 in Q4 2022.
- Funds reported $13.5B of Principal Financial Group stock for Q1 2023, down 11% quarter-over-quarter.
- 71 funds opened new Principal Financial Group positions in Q1 2023 and 94 closed out, a net change of -23 holders.
- The largest Principal Financial Group buyer in Q1 2023 was Envestnet Asset Management, an estimated $316M added.
- The largest Principal Financial Group seller in Q1 2023 was Charles Schwab, an estimated $308M sold.
Based on aggregated 13F filings for Q1 2023.