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Principal Financial Group

390 hedge funds and large institutions have $8.74B invested in Principal Financial Group in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 128 increasing their positions, 144 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 36

30% more call options, than puts

Call options by funds: $9.11M | Put options by funds: $7.03M

1% more funds holding

Funds holding: 386390 (+4)

1.04% less ownership

Funds ownership: 65.45%64.41% (-1%)

8% less capital invested

Capital invested by funds: $9.49B → $8.74B (-$745M)

11% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 144

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
390
Holders Change
+4
Holders Change %
+1.04%
% of All Funds
11.26%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.12%
New
47
Increased
128
Reduced
144
Closed
36
Calls
$9.11M
Puts
$7.03M
Net Calls
+$2.08M
Net Calls Change
-$359K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$911M +$7.12M +155,628 +0.8%
Capital Research Global Investors
2
Capital Research Global Investors
California
$901M -$43.2M -945,000 -5%
NLI
3
Nippon Life Insurance
Japan
$834M
State Street
4
State Street
Massachusetts
$556M -$30.6M -667,593 -5%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$554M -$25.4M -554,269 -4%
Harris Associates
6
Harris Associates
Illinois
$462M +$19.9M +435,749 +5%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$425M -$4M -87,415 -0.9%
Northern Trust
8
Northern Trust
Illinois
$367M -$18.1M -395,766 -5%
BIT
9
BlackRock Institutional Trust
California
$333M +$2.56M +55,949 +0.8%
Goldman Sachs
10
Goldman Sachs
New York
$291M +$16.4M +357,658 +6%
BFA
11
BlackRock Fund Advisors
California
$170M +$3.09M +67,433 +2%
Citadel Advisors
12
Citadel Advisors
Florida
$132M +$128M +2,804,288 +3,653%
MPI
13
Mairs & Power Inc
Minnesota
$120M -$134K -2,918 -0.1%
JHIU
14
Janus Henderson Investors US
Colorado
$102M +$31.4M +686,700 +45%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$94.2M +$1.38M +30,063 +1%
BG
16
BlackRock Group
United Kingdom
$91.1M -$389K -8,509 -0.4%
Ameriprise
17
Ameriprise
Minnesota
$84.7M -$9.27M -202,511 -10%
Bank of America
18
Bank of America
North Carolina
$80.2M -$3.52M -76,867 -4%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$72.9M +$5.81M +126,920 +9%
TCIM
20
TIAA CREF Investment Management
New York
$69.4M -$17.6M -383,720 -20%
Legal & General Group
21
Legal & General Group
United Kingdom
$62.1M -$1.15M -25,081 -2%
TA
22
Teachers Advisors
New York
$58.1M -$4.31M -94,102 -7%
SI
23
Scout Investments
Missouri
$51M -$26.1M -571,041 -34%
WCM
24
Winton Capital Management
United Kingdom
$50.3M +$23.8M +520,021 +91%
UBS AM
25
UBS AM
Illinois
$46.9M -$79.3M -1,732,301 -63%

PFG Hedge Fund Activity: Q1 2014 in Review

390 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2014, worth a combined $8.74B — down 7.8% from $9.49B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PFG positions and 36 closed out — a net gain of 11 holders — while 128 added to existing stakes and 144 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $128M. The largest seller was UBS AM, cutting an estimated $79.3M.

  • 390 institutional investors held Principal Financial Group (PFG) as of Q1 2014, up from 386 in Q4 2013.
  • Funds reported $8.74B of Principal Financial Group stock for Q1 2014, down 7.8% quarter-over-quarter.
  • 47 funds opened new Principal Financial Group positions in Q1 2014 and 36 closed out, a net change of +11 holders.
  • The largest Principal Financial Group buyer in Q1 2014 was Citadel Advisors, an estimated $128M added.
  • The largest Principal Financial Group seller in Q1 2014 was UBS AM, an estimated $79.3M sold.

Based on aggregated 13F filings for Q1 2014.