Principal Financial Group
765 hedge funds and large institutions have $14.4B invested in Principal Financial Group in 2024 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 253 increasing their positions, 272 reducing their positions, and 62 closing their positions.
31% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 62
9% more capital invested
Capital invested by funds: $13.2B → $14.4B (+$1.18B)
1% more funds holding
Funds holding: 756 → 765 (+9)
1% more call options, than puts
Call options by funds: $21.4M | Put options by funds: $21.1M
0.12% less ownership
Funds ownership: 70.97% → 70.85% (-0.12%)
7% less repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 272
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$149M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$46.3M |
| 3 |
BlackRock
New York
|
+$43.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$43.4M |
| 5 |
Amundi
Paris,
France
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$210M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$110M |
| 3 |
RAG
RIA Advisory Group
Des Moines,
Iowa
|
-$86.1M |
| 4 |
Goldman Sachs
New York
|
-$61.9M |
| 5 |
Morgan Stanley
New York
|
-$57M |
PFG Hedge Fund Activity: Q1 2024 in Review
765 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Principal Financial Group (PFG) for Q1 2024, worth a combined $14.4B — up 8.9% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new PFG positions and 62 closed out — a net gain of 19 holders — while 253 added to existing stakes and 272 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $149M. The largest seller was First Trust Advisors, cutting an estimated $210M.
- 765 institutional investors held Principal Financial Group (PFG) as of Q1 2024, up from 756 in Q4 2023.
- Funds reported $14.4B of Principal Financial Group stock for Q1 2024, up 8.9% quarter-over-quarter.
- 81 funds opened new Principal Financial Group positions in Q1 2024 and 62 closed out, a net change of +19 holders.
- The largest Principal Financial Group buyer in Q1 2024 was JP Morgan Chase, an estimated $149M added.
- The largest Principal Financial Group seller in Q1 2024 was First Trust Advisors, an estimated $210M sold.
Based on aggregated 13F filings for Q1 2024.