Principal Financial Group
419 hedge funds and large institutions have $10.4B invested in Principal Financial Group in 2014 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 138 increasing their positions, 150 reducing their positions, and 26 closing their positions.
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
6% more capital invested
Capital invested by funds: $9.78B → $10.4B (+$623M)
5% more funds holding
Funds holding: 399 → 419 (+20)
1.61% more ownership
Funds ownership: 65.86% → 67.47% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
8% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 150
18% less call options, than puts
Call options by funds: $8.28M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$161M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$103M |
| 3 |
Millennium Management
New York
|
+$38.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$34.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$83.1M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$57.7M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$38.1M |
| 4 |
Bank of New York Mellon
New York
|
-$37.9M |
| 5 |
Goldman Sachs
New York
|
-$33.8M |
PFG Hedge Fund Activity: Q3 2014 in Review
419 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q3 2014, worth a combined $10.4B — up 6.4% from $9.78B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PFG positions and 26 closed out — a net gain of 23 holders — while 138 added to existing stakes and 150 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $161M. The largest seller was Citadel Advisors, cutting an estimated $83.1M.
- 419 institutional investors held Principal Financial Group (PFG) as of Q3 2014, up from 399 in Q2 2014.
- Funds reported $10.4B of Principal Financial Group stock for Q3 2014, up 6.4% quarter-over-quarter.
- 49 funds opened new Principal Financial Group positions in Q3 2014 and 26 closed out, a net change of +23 holders.
- The largest Principal Financial Group buyer in Q3 2014 was Fidelity Investments, an estimated $161M added.
- The largest Principal Financial Group seller in Q3 2014 was Citadel Advisors, an estimated $83.1M sold.
Based on aggregated 13F filings for Q3 2014.