Principal Financial Group
591 hedge funds and large institutions have $10.1B invested in Principal Financial Group in 2019 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 185 increasing their positions, 215 reducing their positions, and 48 closing their positions.
54% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 48
16% more capital invested
Capital invested by funds: $8.69B → $10.1B (+$1.43B)
3% more funds holding
Funds holding: 572 → 591 (+19)
1.47% more ownership
Funds ownership: 71.09% → 72.56% (+1.5%)
5% more call options, than puts
Call options by funds: $8.52M | Put options by funds: $8.07M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 215
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$225M |
| 2 |
O
OppenheimerFunds
New York
|
+$39.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$39M |
| 4 |
SLAM
Swiss Life Asset Management
Zurich,
|
+$29M |
| 5 |
Bank of New York Mellon
New York
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$130M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$60.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$31.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.9M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$28.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WANY
626
Wealthspire Advisors (New York)
New York
| – | -$10K | -219 | Closed |
|
|
DWM
627
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$9K | -200 | Closed |
|
|
QCIG
628
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$9K | -195 | Closed |
|
|
CAGAS
629
Capital Advisory Group Advisory Services
Bloomington,
Minnesota
| – | -$9.47K | -191 | Closed |
|
|
CAL
630
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$8K | -177 | Closed |
|
|
RWA
631
River Wealth Advisors
Camp Hill,
Pennsylvania
| – | -$7K | -150 | Closed |
|
|
PWMG
632
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$5K | -104 | Closed |
|
|
PG
633
Patten Group
Chattanooga,
Tennessee
| – | -$4K | -100 | Closed |
|
|
PRC
634
Pearl River Capital
Niles,
Michigan
| – | -$3K | -66 | Closed |
|
|
FEG
635
Financial Enhancement Group
Anderson,
Indiana
| – | -$3K | -50 | Closed |
|
|
HT
636
Heritage Trust
Oklahoma City,
Oklahoma
| – | -$2K | -38 | Closed |
|
|
PCIA
637
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$1K | -21 | Closed |
|
638
Fidelity International
Hamilton,
Bermuda
| – | +$149 | +3 | New |
|
PFG Hedge Fund Activity: Q1 2019 in Review
591 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2019, worth a combined $10.1B — up 16% from $8.69B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new PFG positions and 48 closed out — a net gain of 26 holders — while 185 added to existing stakes and 215 trimmed.
The largest buyer was BlackRock, adding an estimated $225M. The largest seller was JP Morgan Chase, cutting an estimated $130M.
- 591 institutional investors held Principal Financial Group (PFG) as of Q1 2019, up from 572 in Q4 2018.
- Funds reported $10.1B of Principal Financial Group stock for Q1 2019, up 16% quarter-over-quarter.
- 74 funds opened new Principal Financial Group positions in Q1 2019 and 48 closed out, a net change of +26 holders.
- The largest Principal Financial Group buyer in Q1 2019 was BlackRock, an estimated $225M added.
- The largest Principal Financial Group seller in Q1 2019 was JP Morgan Chase, an estimated $130M sold.
Based on aggregated 13F filings for Q1 2019.