SG Americas Securities Boosts Stake in Principal Financial Group

Asset management firm increases holdings in financial services company by nearly 3,000%

Mar. 28, 2026 at 9:13am

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SG Americas Securities LLC significantly increased its stake in Principal Financial Group, Inc. (NASDAQ: PFG) during the fourth quarter, purchasing an additional 236,494 shares to bring its total holdings to 244,711 shares, or about 0.11% of the company's stock.

Why it matters

This large increase in ownership by SG Americas Securities suggests the firm sees significant potential in Principal Financial Group's business and stock performance. As a major institutional investor, SG Americas' actions can influence market sentiment and the stock price.

The details

According to a recent 13F filing, SG Americas Securities boosted its stake in Principal Financial Group by 2,878.1% in the fourth quarter. The firm now owns about 244,711 shares of the financial services company's stock, worth approximately $21.6 million. Principal Financial Group provides a range of retirement, investment, and insurance solutions to individuals, employers, and institutions.

  • SG Americas Securities increased its Principal Financial Group holdings in the fourth quarter of 2025.
  • The 13F filing disclosing the stake increase was submitted on March 28, 2026.

The players

SG Americas Securities LLC

A global asset management firm that significantly increased its stake in Principal Financial Group during the fourth quarter.

Principal Financial Group, Inc.

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

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The takeaway

SG Americas Securities' large increase in its Principal Financial Group holdings suggests the asset manager sees strong potential in the financial services company's business and stock performance. As a major institutional investor, SG Americas' actions could influence market sentiment and the stock price going forward.