Principal Financial Group
721 hedge funds and large institutions have $12.4B invested in Principal Financial Group in 2023 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 216 increasing their positions, 282 reducing their positions, and 65 closing their positions.
77% more call options, than puts
Call options by funds: $18M | Put options by funds: $10.1M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 65
0.78% less ownership
Funds ownership: 71.74% → 70.97% (-0.78%)
1% less funds holding
Funds holding: 730 → 721 (-9)
6% less capital invested
Capital invested by funds: $13.2B → $12.4B (-$827M)
23% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 282
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$74.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$50.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$44.7M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$35.4M |
| 5 |
GC
Gillson Capital
Chicago,
Illinois
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$126M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$38.9M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$34.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$32.8M |
| 5 |
Goldman Sachs
New York
|
-$30M |
PFG Hedge Fund Activity: Q3 2023 in Review
721 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q3 2023, worth a combined $12.4B — down 6.3% from $13.2B a quarter earlier.
Fund positioning in PFG was balanced in Q3 2023: 65 funds opened new positions, 65 closed out, 216 added to existing stakes and 282 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $74.8M. The largest seller was Bank of America, cutting an estimated $126M.
- 721 institutional investors held Principal Financial Group (PFG) as of Q3 2023, down from 730 in Q2 2023.
- Funds reported $12.4B of Principal Financial Group stock for Q3 2023, down 6.3% quarter-over-quarter.
- 65 funds opened new Principal Financial Group positions in Q3 2023 and 65 closed out, a net change of 0 holders.
- The largest Principal Financial Group buyer in Q3 2023 was Balyasny Asset Management, an estimated $74.8M added.
- The largest Principal Financial Group seller in Q3 2023 was Bank of America, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2023.