Principal Financial Group
646 hedge funds and large institutions have $11.4B invested in Principal Financial Group in 2021 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 202 increasing their positions, 213 reducing their positions, and 61 closing their positions.
51% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 61
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more capital invested
Capital invested by funds: $9.51B → $11.4B (+$1.93B)
16% more call options, than puts
Call options by funds: $27.7M | Put options by funds: $23.9M
4% more funds holding
Funds holding: 620 → 646 (+26)
0.49% more ownership
Funds ownership: 69.52% → 70% (+0.49%)
5% less repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 213
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$41.8M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$37.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$35.8M |
| 4 |
PCM
Prana Capital Management
Greenwich,
Connecticut
|
+$33M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$32.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$64.7M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$57.7M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$51.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$49M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$19.7M |
PFG Hedge Fund Activity: Q1 2021 in Review
646 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2021, worth a combined $11.4B — up 20% from $9.51B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new PFG positions and 61 closed out — a net gain of 31 holders — while 202 added to existing stakes and 213 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $41.8M. The largest seller was Credit Suisse, cutting an estimated $64.7M.
- 646 institutional investors held Principal Financial Group (PFG) as of Q1 2021, up from 620 in Q4 2020.
- Funds reported $11.4B of Principal Financial Group stock for Q1 2021, up 20% quarter-over-quarter.
- 92 funds opened new Principal Financial Group positions in Q1 2021 and 61 closed out, a net change of +31 holders.
- The largest Principal Financial Group buyer in Q1 2021 was Cambiar Investors, an estimated $41.8M added.
- The largest Principal Financial Group seller in Q1 2021 was Credit Suisse, an estimated $64.7M sold.
Based on aggregated 13F filings for Q1 2021.