Principal Financial Group
PFG
730 hedge funds and large institutions have $13.3B invested in Principal Financial Group in 2023 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 224 increasing their positions, 296 reducing their positions, and 66 closing their positions.
55% more call options, than puts
Call options by funds: $16.4M | Put options by funds: $10.6M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $13.5B → $13.3B (-$202M)
2% less funds holding
Funds holding: 743 → 730 (-13)
4.16% less ownership
Funds ownership: 75.91% → 71.75% (-4.2%)
12% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 66
24% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 296
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$62.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$58.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$32.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$24.4M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$266M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$207M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$161M |
| 4 |
BlackRock
New York
|
-$110M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$26.8M |
PFG Hedge Fund Activity: Q2 2023 in Review
730 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q2 2023, worth a combined $13.3B — down 1.5% from $13.5B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of PFG and 58 opened new positions — a net loss of 8 holders — while 296 trimmed existing stakes and 224 added.
The largest buyer was Wellington Management Group, adding an estimated $62.8M. The largest seller was Envestnet Asset Management, cutting an estimated $266M.
- 730 institutional investors held Principal Financial Group (PFG) as of Q2 2023, down from 743 in Q1 2023.
- Funds reported $13.3B of Principal Financial Group stock for Q2 2023, down 1.5% quarter-over-quarter.
- 58 funds opened new Principal Financial Group positions in Q2 2023 and 66 closed out, a net change of -8 holders.
- The largest Principal Financial Group buyer in Q2 2023 was Wellington Management Group, an estimated $62.8M added.
- The largest Principal Financial Group seller in Q2 2023 was Envestnet Asset Management, an estimated $266M sold.
Based on aggregated 13F filings for Q2 2023.