PRINCIPAL FINANCIAL GROUP IN PFG
COM · Common Stock · CUSIP 74251V102 · ISIN US74251V1026
Financial services company
- SectorFinancials
- IndustryAccident & Health Insurance
- HeadquartersDes Moines, IA
- Founded1879
- Websiteprincipal.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($22.0m this quarter). Holder counts are more reliable. Shares outstanding: 225.6m as of 2025-01-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $77.43. Options: 17 managers hold calls ($21.5m notional), 11 hold puts ($8.7m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 706 |
| Q4 2022 | 782 |
| Q1 2023 | 745 |
| Q2 2023 | 731 |
| Q3 2023 | 723 |
| Q4 2023 | 757 |
| Q1 2024 | 765 |
| Q2 2024 | 797 |
| Q3 2024 | 786 |
| Q4 2024 | 786 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 344 | 339 |
| Q2 2023 | 271 | 364 |
| Q3 2023 | 273 | 347 |
| Q4 2023 | 294 | 359 |
| Q1 2024 | 326 | 335 |
| Q2 2024 | 367 | 309 |
| Q3 2024 | 326 | 372 |
| Q4 2024 | 314 | 352 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $19.7m | $21.1m | 1.07 |
| Q2 2024 | $21.2m | $18.7m | 0.88 |
| Q3 2024 | $25.2m | $16.9m | 0.67 |
| Q4 2024 | $21.5m | $8.7m | 0.40 |
Biggest buyers
| Qube Research & Technologies Ltd | Added | +649.9k |
| DEUTSCHE BANK AG\ | Added | +627.9k |
| UBS Group AG | Added | +522.5k |
| CITADEL ADVISORS LLC | Added | +409.7k |
| Swiss Life Asset Management Ltd | Added | +407.0k |
| Woodline Partners LP | New | +367.5k |
| NORTHERN TRUST CORP | Added | +326.6k |
| Amundi | Added | +264.4k |
| Verition Fund Management LLC | Added | +255.4k |
| KBC Group NV | Added | +232.9k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.9m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.3m |
| Invesco Ltd. | Reduced | -533.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -512.8k |
| NORGES BANK | Reduced | -479.3k |
| Bank of New York Mellon Corp | Reduced | -351.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -272.7k |
| BARCLAYS PLC | Reduced | -265.6k |
| BANK OF MONTREAL /CAN/ | Reduced | -250.3k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -197.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $5.2m67.5k shares |
| Maven Securities LTD | Reduced | $3.5m44.9k shares |
| PEAK6 LLC | First filing | $2.8m35.9k shares |
| Walleye Trading LLC | Added | $2.3m29.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m22.8k shares |
| TORONTO DOMINION BANK | New | $1.3m16.8k shares |
| JANE STREET GROUP, LLC | Added | $1.1m14.5k shares |
| MILLENNIUM MANAGEMENT LLC | New | $820.5k10.6k shares |
| Cubist Systematic Strategies, LLC | New | $797.3k10.3k shares |
| IMC-Chicago, LLC | Reduced | $789.6k10.2k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $3.7m47.6k shares |
| Maven Securities LTD | Reduced | $1.5m19.1k shares |
| Walleye Trading LLC | Added | $975.4k12.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $658.0k8.5k shares |
| Walleye Capital LLC | Reduced | $541.9k7.0k shares |
| SIMPLEX TRADING, LLC | Added | $441.0k5.7k shares |
| Cubist Systematic Strategies, LLC | New | $363.8k4.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $254.9k3.3k shares |
| TUDOR INVESTMENT CORP ET AL | New | $232.2k3.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Unchanged | $61.9k800 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-04-24 | 9.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 27.4m $2.1bn | Reduced -75.4k |
| BlackRock, Inc. 0.03% of their portfolio | 19.9m $1.5bn | Reduced -38.3k |
| NIPPON LIFE INSURANCE CO 23.74% of their portfolio | 18.1m $1.4bn | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 9.8m $758.8m | Reduced -1.3m |
| STATE STREET CORP 0.03% of their portfolio | 9.7m $748.5m | Added +128.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 5.5m $422.1m | Added +52.4k |
| Capital Research Global Investors 0.08% of their portfolio | 5.0m $384.6m | Added +10.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 4.2m $324.5m | Reduced -179.4k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 3.9m $302.9m | Reduced -21.5k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 3.7m $283.5m | Added +326.6k |
| MORGAN STANLEY 0.02% of their portfolio | 2.9m $225.4m | Added +8.3k |
| NORGES BANK 0.03% of their portfolio | 2.8m $217.0m | Reduced -479.3k |
| Invesco Ltd. 0.04% of their portfolio | 2.8m $213.2m | Reduced -533.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.0m $153.2m | Reduced -2.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.9m $145.3m | Added +209.9k |
| Legal & General Group Plc 0.03% of their portfolio | 1.6m $126.0m | Reduced -111.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $118.3m | Reduced -351.9k |
| UBS Group AG 0.03% of their portfolio | 1.5m $115.3m | Added +522.5k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.5m $114.7m | Added +627.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.4m $112.1m | Added +44.8k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 1.4m $111.2m | Reduced -17.1k |
| Amundi 0.04% of their portfolio | 1.4m $106.5m | Added +264.4k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.2m $94.5m | Reduced -512.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.1m $82.2m | Added +85.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.24% of their portfolio | 879.7k $68.1m | Added +17.6k |
| MAIRS & POWER INC 0.62% of their portfolio | 823.5k $63.7m | Reduced -46.5k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 712.0k $55.1m | Added +649.9k |
| AustralianSuper Pty Ltd 0.24% of their portfolio | 665.4k $51.5m | Added +125.2k |
| Swiss National Bank 0.03% of their portfolio | 654.2k $50.6m | Reduced -41.7k |
| Swiss Life Asset Management Ltd 0.33% of their portfolio | 583.1k $45.1m | Added +407.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 553.6k $42.9m | Reduced -7.7k |
| BARCLAYS PLC 0.02% of their portfolio | 541.1k $41.9m | Reduced -265.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 513.2k $39.7m | Reduced -9.7k |
| Verition Fund Management LLC 0.19% of their portfolio | 482.2k $37.3m | Added +255.4k |
| FMR LLC 0.00% of their portfolio | 480.0k $37.2m | Reduced -23.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 469.4k $36.3m | Added +101.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 457.1k $35.4m | Reduced -9.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 438.6k $34.0m | Reduced -25.8k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 411.7k $31.9m | Added +409.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 410.9k $31.8m | Added +11.2k |
| NORTH STAR ASSET MANAGEMENT INC 1.36% of their portfolio | 397.5k $30.8m | Added +972 |
| California Public Employees Retirement System 0.02% of their portfolio | 371.1k $28.7m | Reduced -37.4k |
| TRUST POINT INC. 1.99% of their portfolio | 370.0k $28.6m | Reduced -50.3k |
| Woodline Partners LP 0.19% of their portfolio | 367.5k $28.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 365.4k $28.3m | Reduced -2.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 353.8k $27.6m | Added +14.5k |
| National Pension Service 0.03% of their portfolio | 350.5k $27.1m | Reduced -27.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 337.0k $26.1m | Reduced -272.7k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.14% of their portfolio | 304.2k $23.5m | Reduced -72.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 302.6k $23.4m | Reduced -334 |
| KBC Group NV 0.06% of their portfolio | 291.4k $22.6m | Added +232.9k |
| Bridgewater Associates, LP 0.09% of their portfolio | 253.8k $19.6m | Added +69.7k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 253.4k $19.6m | Reduced -250.3k |
| Korea Investment CORP 0.05% of their portfolio | 250.4k $19.4m | Reduced -8.0k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 245.3k $19.0m | Reduced -9.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 239.8k $18.6m | Reduced -15.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 237.8k $18.4m | Added +161.6k |
| Sound Income Strategies, LLC 1.09% of their portfolio | 228.7k $17.7m | Added +18.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 227.1k $17.6m | Reduced -4.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 218.1k $16.9m | Reduced -22.8k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 204.4k $15.8m | First filing |
| GW HENSSLER & ASSOCIATES LTD 0.99% of their portfolio | 201.1k $17.3m | Reduced -2.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio | 198.8k $15.4m | Reduced -15.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 197.0k $15.2m | Added +92.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 193.7k $15.0m | Reduced -18.2k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 193.6k $15.0m | Added +67.3k |
| Engineers Gate Manager LP 0.26% of their portfolio | 192.3k $14.9m | Added +133.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 191.1k $14.8m | Added +88.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 182.3k $14.1m | Reduced -77.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 179.3k $13.9m | Reduced -4.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 170.0k $13.2m | Added +114.7k |
| Swedbank AB 0.02% of their portfolio | 162.2k $12.6m | Unchanged |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 156.8k $12.1m | Added +86.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.03% of their portfolio | 154.5k $12.0m | Added +39.0k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 153.7k $11.9m | Reduced -2.5k |
| CITIGROUP INC 0.01% of their portfolio | 150.3k $11.6m | Reduced -93.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 149.8k $11.6m | Reduced -20.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 149.7k $11.6m | Added +7.0k |
| Cambria Investment Management, L.P. 0.70% of their portfolio | 149.7k $11.6m | Added +5.8k |
| Quantbot Technologies LP 0.42% of their portfolio | 148.3k $11.5m | Added +141.4k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 145.3k $11.2m | Added +22.7k |
| NATIXIS 0.08% of their portfolio | 143.4k $11.1m | Added +2.6k |
| Man Group plc 0.03% of their portfolio | 140.5k $10.9m | Reduced -78.6k |
| AVIVA PLC 0.03% of their portfolio | 139.5k $10.8m | Added +17.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.07% of their portfolio | 136.5k $10.6m | Reduced -4.3k |
| Brandywine Global Investment Management, LLC 0.08% of their portfolio | 134.7k $10.4m | Reduced -10.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 133.0k $10.3m | Reduced -38.1k |
| DANSKE BANK A/S 0.03% of their portfolio | 129.4k $10.0m | Added +42.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 128.2k $9.9m | Added +502 |
| APG Asset Management N.V. 0.03% of their portfolio | 127.0k $9.5m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 126.8k $9.8m | Reduced -6.5k |
| Holocene Advisors, LP 0.03% of their portfolio | 124.6k $9.6m | Added +16.3k |
| AE Wealth Management LLC 0.08% of their portfolio | 123.6k $9.6m | Added +9.5k |
| Goelzer Investment Management, Inc. 0.55% of their portfolio | 121.9k $9.4m | Reduced -2.7k |
| DNB Asset Management AS 0.04% of their portfolio | 120.9k $9.4m | Reduced -52.3k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 119.1k $9.2m | Reduced -9.7k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 118.7k $9.2m | Added +96.4k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 117.0k $9.1m | Reduced -15.8k |
| Illinois Municipal Retirement Fund 0.13% of their portfolio | 116.6k $9.0m | Reduced -14.8k |
| CAPITAL MANAGEMENT CORP /VA 1.60% of their portfolio | 115.6k $8.9m | Added +14.3k |