Brevan Howard Capital Reduces Principal Financial Group Stake

Institutional investor cuts position in financial services company by over 40%

Mar. 17, 2026 at 8:19am

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Brevan Howard Capital Management LP, a major institutional investor, has reduced its stake in Principal Financial Group, Inc. (NASDAQ:PFG) by 42.3% during the third quarter, according to a recent SEC filing. The firm now owns 36,482 shares of the company's stock, down from 63,175 shares previously.

Why it matters

This reduction in Brevan Howard's position in Principal Financial Group is notable, as the firm is a prominent global investment management company. Changes in holdings by large institutional investors can signal shifts in market sentiment or outlook for a particular stock or sector.

The details

According to the 13F filing, Brevan Howard Capital Management sold 26,693 shares of Principal Financial Group stock during the third quarter. The firm's remaining stake in the company is valued at $3,025,000 as of the end of the quarter.

  • Brevan Howard Capital Management reduced its position in Principal Financial Group during the 3rd quarter of 2026.

The players

Brevan Howard Capital Management LP

A major global investment management firm that has reduced its stake in Principal Financial Group.

Principal Financial Group, Inc.

A financial services company that provides retirement, investment and insurance solutions to individuals, employers and institutional clients.

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The takeaway

This reduction in Brevan Howard's position in Principal Financial Group could signal a shift in market sentiment around the financial services company, though more information would be needed to determine the specific reasons behind the institutional investor's decision.