Principal Financial Group
349 hedge funds and large institutions have $8.34B invested in Principal Financial Group in 2013 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 116 increasing their positions, 131 reducing their positions, and 28 closing their positions.
82% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 28
58% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $10.5M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more capital invested
Capital invested by funds: $7.44B → $8.34B (+$901M)
6% more funds holding
Funds holding: 329 → 349 (+20)
1.52% less ownership
Funds ownership: 67.72% → 66.2% (-1.5%)
11% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$39.5M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$38.8M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$38.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.5M |
| 5 |
Axa
Paris,
France
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$100M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$95.9M |
| 3 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$51.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$36.3M |
| 5 |
Goldman Sachs
New York
|
-$21.7M |
PFG Hedge Fund Activity: Q3 2013 in Review
349 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q3 2013, worth a combined $8.34B — up 12% from $7.44B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PFG positions and 28 closed out — a net gain of 23 holders — while 116 added to existing stakes and 131 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $39.5M. The largest seller was Bank of New York Mellon, cutting an estimated $100M.
- 349 institutional investors held Principal Financial Group (PFG) as of Q3 2013, up from 329 in Q2 2013.
- Funds reported $8.34B of Principal Financial Group stock for Q3 2013, up 12% quarter-over-quarter.
- 51 funds opened new Principal Financial Group positions in Q3 2013 and 28 closed out, a net change of +23 holders.
- The largest Principal Financial Group buyer in Q3 2013 was Janus Henderson Investors US, an estimated $39.5M added.
- The largest Principal Financial Group seller in Q3 2013 was Bank of New York Mellon, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2013.