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Principal Financial Group

588 hedge funds and large institutions have $12B invested in Principal Financial Group in 2018 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 206 increasing their positions, 197 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more call options, than puts

Call options by funds: $13.2M | Put options by funds: $6.85M

12% more capital invested

Capital invested by funds: $10.7B → $12B (+$1.25B)

1.06% more ownership

Funds ownership: 70.71%71.76% (+1.1%)

5% more repeat investments, than reductions

Existing positions increased: 206 | Existing positions reduced: 197

1% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 68

1% less funds holding

Funds holding: 596588 (-8)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
588
Holders Change
-8
Holders Change %
-1.34%
% of All Funds
13.44%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
69
Increased
206
Reduced
197
Closed
68
Calls
$13.2M
Puts
$6.85M
Net Calls
+$6.36M
Net Calls Change
-$40M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.75B +$3.8M +68,087 +0.2%
BlackRock
2
BlackRock
New York
$1.11B -$53.3M -956,911 -5%
NLI
3
Nippon Life Insurance
Japan
$1.06B
Capital Research Global Investors
4
Capital Research Global Investors
California
$827M -$66M -1,184,736 -8%
State Street
5
State Street
Massachusetts
$739M +$33.2M +595,791 +5%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$529M -$8.06M -144,644 -2%
JP Morgan Chase
7
JP Morgan Chase
New York
$503M -$67.6M -1,212,165 -12%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$409M +$70.7M +1,267,634 +22%
Northern Trust
9
Northern Trust
Illinois
$311M -$28M -502,647 -9%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$217M +$3.72M +66,748 +2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$210M +$8.41M +150,865 +4%
Norges Bank
12
Norges Bank
Norway
$172M -$5.79M -103,867 -3%
Ameriprise
13
Ameriprise
Minnesota
$166M +$85.9M +1,541,913 +119%
MPI
14
Mairs & Power Inc
Minnesota
$153M +$2.88M +51,581 +2%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$146M +$729K +13,075 +0.5%
Capital World Investors
16
Capital World Investors
California
$141M +$134M +2,411,000 New
Invesco
17
Invesco
Georgia
$131M +$54.6M +979,099 +78%
Schroder Investment Management Group
18
Schroder Investment Management Group
United Kingdom
$122M +$31.9M +573,138 +38%
Goldman Sachs
19
Goldman Sachs
New York
$117M +$7.97M +142,950 +8%
Charles Schwab
20
Charles Schwab
California
$104M +$4.65M +83,418 +5%
Deutsche Bank
21
Deutsche Bank
Germany
$91.7M +$1.77M +31,737 +2%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$80.1M -$40.7K -731 -0.1%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$79.1M +$3.59M +64,400 +5%
Legal & General Group
24
Legal & General Group
United Kingdom
$78.9M +$2.54M +45,611 +4%
First Trust Advisors
25
First Trust Advisors
Illinois
$76.1M +$33.5M +600,798 +86%

PFG Hedge Fund Activity: Q3 2018 in Review

588 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q3 2018, worth a combined $12B — up 12% from $10.7B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new PFG positions and 68 closed out — a net gain of 1 holder — while 206 added to existing stakes and 197 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $134M. The largest seller was JP Morgan Chase, cutting an estimated $67.6M.

  • 588 institutional investors held Principal Financial Group (PFG) as of Q3 2018, down from 596 in Q2 2018.
  • Funds reported $12B of Principal Financial Group stock for Q3 2018, up 12% quarter-over-quarter.
  • 69 funds opened new Principal Financial Group positions in Q3 2018 and 68 closed out, a net change of +1 holder.
  • The largest Principal Financial Group buyer in Q3 2018 was Capital World Investors, an estimated $134M added.
  • The largest Principal Financial Group seller in Q3 2018 was JP Morgan Chase, an estimated $67.6M sold.

Based on aggregated 13F filings for Q3 2018.