Principal Financial Group
PFG
614 hedge funds and large institutions have $12.3B invested in Principal Financial Group in 2021 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 236 increasing their positions, 188 reducing their positions, and 75 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 188
7% more capital invested
Capital invested by funds: $11.4B → $12.3B (+$834M)
1.16% more ownership
Funds ownership: 70% → 71.16% (+1.2%)
5% more call options, than puts
Call options by funds: $28M | Put options by funds: $26.6M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 646 → 614 (-32)
39% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$163M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$80.7M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$52.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$45.2M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$85M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$84.1M |
| 3 |
Bank of New York Mellon
New York
|
-$41.4M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$36.9M |
| 5 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$28.3M |
PFG Hedge Fund Activity: Q2 2021 in Review
614 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q2 2021, worth a combined $12.3B — up 7.3% from $11.4B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of PFG and 46 opened new positions — a net loss of 29 holders — while 188 trimmed existing stakes and 236 added.
The largest buyer was Credit Suisse, adding an estimated $163M. The largest seller was T. Rowe Price Associates, cutting an estimated $85M.
- 614 institutional investors held Principal Financial Group (PFG) as of Q2 2021, down from 646 in Q1 2021.
- Funds reported $12.3B of Principal Financial Group stock for Q2 2021, up 7.3% quarter-over-quarter.
- 46 funds opened new Principal Financial Group positions in Q2 2021 and 75 closed out, a net change of -29 holders.
- The largest Principal Financial Group buyer in Q2 2021 was Credit Suisse, an estimated $163M added.
- The largest Principal Financial Group seller in Q2 2021 was T. Rowe Price Associates, an estimated $85M sold.
Based on aggregated 13F filings for Q2 2021.