Oak Thistle LLC Invests $1.46 Million in Principal Financial Group

The institutional investor purchased 16,570 shares of the company's stock in the fourth quarter.

Apr. 9, 2026 at 10:36am

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An extreme close-up of the gears, levers, and mechanisms of a large, industrial banking machine, conveying the tangible, physical nature of financial security and wealth.A close-up view of the complex financial infrastructure that powers the investments and services of a major financial institution.Des Moines Today

Oak Thistle LLC, an institutional investor, purchased a new position in shares of Principal Financial Group, Inc. (NASDAQ:PFG) during the fourth quarter, according to the company's filing with the Securities & Exchange Commission. The investor purchased 16,570 shares of the company's stock, valued at approximately $1,462,000.

Why it matters

This investment by Oak Thistle LLC in Principal Financial Group, a major financial services firm, reflects ongoing institutional interest and confidence in the company's performance and growth prospects. The move also highlights the continued activity and shifting dynamics within the broader financial services industry.

The details

According to the filing, Oak Thistle LLC purchased the 16,570 shares of Principal Financial Group, valued at around $1.46 million. This new position was established during the fourth quarter. Other hedge funds and institutional investors have also recently bought and sold shares of the company, indicating ongoing interest and activity around Principal Financial Group's stock.

  • The investment was made during the fourth quarter of the year.
  • The shares were purchased on or before the filing date of April 9, 2026.

The players

Oak Thistle LLC

An institutional investor that purchased a new position in shares of Principal Financial Group, Inc.

Principal Financial Group, Inc.

A global financial services company headquartered in Des Moines, Iowa, that provides a range of retirement, investment and insurance solutions to individuals, employers and institutional clients.

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The takeaway

This investment by Oak Thistle LLC in Principal Financial Group reflects the continued institutional interest and confidence in the company's performance and growth prospects within the broader financial services industry.