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Principal Financial Group

743 hedge funds and large institutions have $13.5B invested in Principal Financial Group in 2023 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 279 increasing their positions, 246 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $22.6M | Put options by funds: $14.5M

13% more repeat investments, than reductions

Existing positions increased: 279 | Existing positions reduced: 246

0.43% more ownership

Funds ownership: 75.48%75.91% (+0.43%)

5% less funds holding

Funds holding: 783743 (-40)

11% less capital invested

Capital invested by funds: $15.2B → $13.5B (-$1.72B)

24% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 94

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
743
Holders Change
-40
Holders Change %
-5.11%
% of All Funds
11.84%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
71
Increased
279
Reduced
246
Closed
94
Calls
$22.6M
Puts
$14.5M
Net Calls
+$8.04M
Net Calls Change
-$1.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.21B +$124M +1,459,820 +5%
BlackRock
2
BlackRock
New York
$1.59B -$174M -2,054,834 -9%
NLI
3
Nippon Life Insurance
Japan
$1.35B
Bank of America
4
Bank of America
North Carolina
$1.23B -$19.6M -231,433 -1%
State Street
5
State Street
Massachusetts
$735M -$167M -1,973,865 -17%
Capital Research Global Investors
6
Capital Research Global Investors
California
$620M -$13.8M -162,073 -2%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$409M -$6.69M -78,891 -1%
First Trust Advisors
8
First Trust Advisors
Illinois
$364M +$175M +2,063,939 +73%
Northern Trust
9
Northern Trust
Illinois
$294M +$1.09M +12,832 +0.3%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$271M -$15.4M -181,843 -5%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$221M -$4.83M -56,968 -2%
Morgan Stanley
12
Morgan Stanley
New York
$215M -$137M -1,620,260 -36%
Norges Bank
13
Norges Bank
Norway
$196M +$144M +1,700,606 +181%
Goldman Sachs
14
Goldman Sachs
New York
$177M +$44M +518,552 +28%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$161M +$14.7M +173,672 +9%
Legal & General Group
16
Legal & General Group
United Kingdom
$135M -$730K -8,599 -0.5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$135M -$5.26M -62,002 -3%
Invesco
18
Invesco
Georgia
$134M -$15.8M -185,947 -9%
Charles Schwab
19
Charles Schwab
California
$95.2M -$308M -3,629,184 -74%
MPI
20
Mairs & Power Inc
Minnesota
$90.6M -$6.46M -76,182 -6%
UBS AM
21
UBS AM
Illinois
$82.5M -$13.1M -154,162 -12%
Swiss National Bank
22
Swiss National Bank
Switzerland
$72.2M -$3.56M -41,900 -4%
CS
23
Credit Suisse
Switzerland
$58.9M +$657K +7,747 +1%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$55.4M -$7.09M -83,592 -10%
Victory Capital Management
25
Victory Capital Management
Texas
$53.1M -$14.2M -167,508 -19%

PFG Hedge Fund Activity: Q1 2023 in Review

743 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2023, worth a combined $13.5B — down 11% from $15.2B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of PFG and 71 opened new positions — a net loss of 23 holders — while 246 trimmed existing stakes and 279 added.

The largest buyer was Envestnet Asset Management, adding an estimated $316M. The largest seller was Charles Schwab, cutting an estimated $308M.

  • 743 institutional investors held Principal Financial Group (PFG) as of Q1 2023, down from 783 in Q4 2022.
  • Funds reported $13.5B of Principal Financial Group stock for Q1 2023, down 11% quarter-over-quarter.
  • 71 funds opened new Principal Financial Group positions in Q1 2023 and 94 closed out, a net change of -23 holders.
  • The largest Principal Financial Group buyer in Q1 2023 was Envestnet Asset Management, an estimated $316M added.
  • The largest Principal Financial Group seller in Q1 2023 was Charles Schwab, an estimated $308M sold.

Based on aggregated 13F filings for Q1 2023.