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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
RG
501
Renaissance Group
Kentucky
$227K -$26.5K -312 -9%
SPC
502
Sigma Planning Corp
Michigan
$225K +$764 +9 +0.3%
CS
503
Comerica Securities
Michigan
$224K -$13.3K -157 -5%
Brown Advisory
504
Brown Advisory
Maryland
$224K -$9.93K -117 -4%
Koshinski Asset Management
505
Koshinski Asset Management
Illinois
$223K -$1.27K -15 -0.5%
CFS
506
CRA Financial Services
New Jersey
$223K
RWA
507
Redhawk Wealth Advisors
Minnesota
$223K
WC
508
Wexford Capital
Florida
$220K +$251K +2,963 New
HI
509
Horizon Investments
North Carolina
$220K -$617K -7,271 -71%
NP
510
Nilsine Partners
Colorado
$219K +$250K +2,949 New
CI
511
Cigna Investments
Connecticut
$218K -$8.82K -104 -3%
ACA
512
Atlas Capital Advisors
Wyoming
$218K -$16.4K -193 -6%
PCIA
513
Prime Capital Investment Advisors
Kansas
$217K -$150K -1,769 -38%
SFG
514
StrategIQ Financial Group
Indiana
$217K +$248K +2,920 New
AAS
515
Avantax Advisory Services
Texas
$215K +$38.7K +456 +19%
SW
516
SVB Wealth
Massachusetts
$215K -$203K -2,392 -45%
HFM
517
Harvest Fund Management
China
$210K -$188K -2,221 -44%
AWM
518
Axxcess Wealth Management
California
$210K +$20.8K +245 +10%
SNB
519
Security National Bank
Nebraska
$208K
JWCA
520
J.W. Cole Advisors
Florida
$207K +$255 +3 +0.1%
AWS
521
Atria Wealth Solutions
New York
$207K -$430K -5,072 -65%
PI
522
PFG Investments
New York
$206K +$236K +2,776 New
PA
523
Profund Advisors
Maryland
$206K +$15.8K +186 +7%
FMAEN1
524
Fund Management at Engine No 1
California
$205K +$21.6K +255 +10%
SFG
525
Sather Financial Group
Texas
$205K

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.