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Principal Financial Group

539 hedge funds and large institutions have $11.8B invested in Principal Financial Group in 2016 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 172 increasing their positions, 161 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

197% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 36

80% more call options, than puts

Call options by funds: $31.7M | Put options by funds: $17.7M

16% more capital invested

Capital invested by funds: $10.1B → $11.8B (+$1.63B)

13% more funds holding

Funds holding: 475539 (+64)

1.63% more ownership

Funds ownership: 68.95%70.58% (+1.6%)

7% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 161

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
539
Holders Change
+64
Holders Change %
+13.47%
% of All Funds
13.47%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.17%
New
107
Increased
172
Reduced
161
Closed
36
Calls
$31.7M
Puts
$17.7M
Net Calls
+$14.1M
Net Calls Change
+$9.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.61B +$86.5M +1,543,855 +6%
NLI
2
Nippon Life Insurance
Japan
$1.05B
Wellington Management Group
3
Wellington Management Group
Massachusetts
$983M -$110M -1,965,214 -10%
Capital Research Global Investors
4
Capital Research Global Investors
California
$898M +$408M +7,281,000 +88%
State Street
5
State Street
Massachusetts
$781M +$95.2M +1,698,389 +14%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$595M +$169M +3,024,690 +42%
BIT
7
BlackRock Institutional Trust
California
$446M -$1.28M -22,846 -0.3%
Northern Trust
8
Northern Trust
Illinois
$357M +$9.96M +177,784 +3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$309M -$14.7M -261,766 -5%
BFA
10
BlackRock Fund Advisors
California
$307M +$37.7M +673,082 +15%
Harris Associates
11
Harris Associates
Illinois
$276M -$408M -7,284,419 -60%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$211M +$996K +17,769 +0.5%
MPI
13
Mairs & Power Inc
Minnesota
$159M -$7.48M -133,555 -5%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$142M +$6.32M +112,801 +5%
BG
15
BlackRock Group
United Kingdom
$141M +$7.03M +125,468 +5%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$105M -$1.28M -22,813 -1%
Norges Bank
17
Norges Bank
Norway
$90.6M -$3.89M -69,476 -4%
Ameriprise
18
Ameriprise
Minnesota
$88.1M -$949K -16,931 -1%
TA
19
Teachers Advisors
New York
$84.9M -$42.3M -754,935 -34%
Legal & General Group
20
Legal & General Group
United Kingdom
$81.7M +$916K +16,349 +1%
Bank of America
21
Bank of America
North Carolina
$77.9M -$9.28M -165,534 -11%
PAM
22
Panagora Asset Management
Massachusetts
$77.4M -$13.8M -246,996 -16%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$66.6M +$4.78M +85,233 +8%
Charles Schwab
24
Charles Schwab
California
$66M +$1.97M +35,113 +3%
Goldman Sachs
25
Goldman Sachs
New York
$63.7M +$1.68M +29,954 +3%

PFG Hedge Fund Activity: Q4 2016 in Review

539 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q4 2016, worth a combined $11.8B — up 16% from $10.1B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new PFG positions and 36 closed out — a net gain of 71 holders — while 172 added to existing stakes and 161 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $408M. The largest seller was Harris Associates, cutting an estimated $408M.

  • 539 institutional investors held Principal Financial Group (PFG) as of Q4 2016, up from 475 in Q3 2016.
  • Funds reported $11.8B of Principal Financial Group stock for Q4 2016, up 16% quarter-over-quarter.
  • 107 funds opened new Principal Financial Group positions in Q4 2016 and 36 closed out, a net change of +71 holders.
  • The largest Principal Financial Group buyer in Q4 2016 was Capital Research Global Investors, an estimated $408M added.
  • The largest Principal Financial Group seller in Q4 2016 was Harris Associates, an estimated $408M sold.

Based on aggregated 13F filings for Q4 2016.