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Principal Financial Group

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.

New
Increased
Maintained
Reduced
Closed

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: 783743 (-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: 43 (-1)

Holders
743
Holders Change
-40
Holders Change %
-5.11%
% of All Funds
11.84%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
71
Increased
279
Reduced
246
Closed
94
Calls
$22.6M
Puts
$14.5M
Net Calls
+$8.04M
Net Calls Change
-$1.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Amundi
26
Amundi
France
$47.8M -$17.9M -211,020 -24%
Barclays
27
Barclays
United Kingdom
$47.7M +$9.37M +110,449 +21%
Fidelity Investments
28
Fidelity Investments
Massachusetts
$46.9M +$398K +4,692 +0.7%
Balyasny Asset Management
29
Balyasny Asset Management
Illinois
$46.5M +$53M +625,035 New
Deutsche Bank
30
Deutsche Bank
Germany
$45.8M -$5.01M -59,096 -9%
HSBC Holdings
31
HSBC Holdings
United Kingdom
$45.7M -$994K -11,715 -2%
AQR Capital Management
32
AQR Capital Management
Connecticut
$44.9M +$26.9M +316,872 +107%
N
33
Nuveen
North Carolina
$42.7M -$708K -8,341 -1%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$38.8M -$6M -70,758 -12%
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$38.7M +$1.77M +20,865 +4%
AssetMark Inc
36
AssetMark Inc
California
$36.8M +$41.8M +493,146 +22,375%
FWIA
37
Fort Washington Investment Advisors
Ohio
$36.3M +$462K +5,447 +1%
JP Morgan Chase
38
JP Morgan Chase
New York
$35.8M +$5.36M +63,123 +15%
Skandinaviska Enskilda Banken (SEB)
39
Skandinaviska Enskilda Banken (SEB)
Sweden
$34.9M -$152K -1,790 -0.4%
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$31.3M -$840K -9,901 -2%
Allianz Asset Management
41
Allianz Asset Management
Germany
$30.2M +$27M +318,521 +360%
Cerity Partners
42
Cerity Partners
New York
$29.9M +$119K +1,405 +26%
BGIM
43
Brandywine Global Investment Management
Pennsylvania
$29.6M +$4.12M +48,563 +14%
NSAM
44
North Star Asset Management
Wisconsin
$29.1M -$875K -10,318 -3%
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
$28.8M +$316M +3,725,293 +932%
National Pension Service
46
National Pension Service
South Korea
$27.4M -$1.95M -23,010 -6%
AllianceBernstein
47
AllianceBernstein
Tennessee
$26.7M +$2M +23,566 +7%
Citigroup
48
Citigroup
New York
$26M -$1.44M -16,967 -5%
Caisse de Depot et Placement du Quebec (CDPQ)
49
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$25.7M +$24.3M +286,655 +483%
UBS Group
50
UBS Group
Switzerland
$25M +$2.09M +24,655 +8%

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.