Principal Financial Group Portfolio holdings
Principal Financial Group, founded in 1879 as the Bankers Life Association by Edward Temple and headquartered in Des Moines, Iowa, is a global financial services firm specializing in retirement solutions, insurance, and asset management, overseeing more than $709 billion in assets under management as of late 2024. Serving over 62 million customers across individuals, businesses, and institutions, Principal offers 401(k) plans, group insurance (life, disability, dental), annuities, and investment products through its Principal Global Investors arm, with a strong focus on U.S. and international markets like Asia and Latin America. Known for its stability and customer-centric approach, the publicly traded company (NASDAQ: PFG) under CEO Dan Houston has expanded through acquisitions like Wells Fargo’s retirement business in 2019, emphasizing long-term financial security. With a workforce of over 19,000 and a legacy of resilience, Principal remains a trusted name in retirement and wealth management.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ventas
VTR
|
+$616M |
| 2 |
Etsy
ETSY
|
+$373M |
| 3 |
MPT
Medical Properties Trust
MPT
|
+$332M |
| 4 |
Moderna
MRNA
|
+$148M |
| 5 |
HR
Healthcare Realty Trust Incorporated
HR
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Welltower
WELL
|
+$725M |
| 2 |
Restaurant Brands International
QSR
|
+$269M |
| 3 |
Fidelity National Financial
FNF
|
+$181M |
| 4 |
Prologis
PLD
|
+$162M |
| 5 |
Credit Acceptance
CACC
|
+$162M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.12% |
| 2 | Real Estate | 16.4% |
| 3 | Financials | 14.67% |
| 4 | Consumer Discretionary | 12.1% |
| 5 | Healthcare | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Intercontinental Exchange
ICE
$85B
| $78M | 0.05% |
679,394
+9,833
| +1% | +$1.17M |
|
302
Regeneron Pharmaceuticals
REGN
$78.5B
| $77.6M | 0.05% |
128,296
+2,682
| +2% | +$1.67M |
|
303
Eaton
ETN
$168B
| $77.5M | 0.05% |
519,192
-7,575
| -1% | -$1.21M |
|
304
Northrop Grumman
NOC
$77.3B
| $77M | 0.05% |
213,876
+23,939
| +13% | +$8.65M |
|
305
Omnicell
OMCL
$1.69B
| $77M | 0.05% |
518,786
+92,430
| +22% | +$14.2M |
|
306
Motorola Solutions
MSI
$72.5B
| $76.6M | 0.05% |
329,818
+18,713
| +6% | +$4.34M |
|
307
Hubbell
HUBB
$24.8B
| $75.3M | 0.05% |
416,565
-45,895
| -10% | -$8.95M |
|
308
RPM International
RPM
$14B
| $75.2M | 0.05% |
968,855
-50,888
| -5% | -$4.29M |
|
309
HCA Healthcare
HCA
$87.2B
| $75.1M | 0.05% |
309,604
-16,569
| -5% | -$4.05M |
|
310
Sunstone Hotel Investors
SHO
$2.19B
| $74.9M | 0.05% |
6,271,252
-169,827
| -3% | -$1.98M |
|
|
PXD
311
DELISTED
Pioneer Natural Resource Co.
PXD
| $74.8M | 0.05% |
449,447
-20,144
| -4% | -$3.05M |
|
312
Illinois Tool Works
ITW
$82.2B
| $74.4M | 0.05% |
360,297
-7,711
| -2% | -$1.74M |
|
313
Illumina
ILMN
$30.1B
| $74.3M | 0.05% |
188,282
-649
| -0.3% | -$298K |
|
314
Boston Scientific
BSX
$72B
| $74.2M | 0.05% |
1,709,262
+888
| +0.1% | +$39.3K |
|
315
Ingredion
INGR
$6.3B
| $73.9M | 0.05% |
830,299
-99,940
| -11% | -$8.8M |
|
|
BTEC
316
DELISTED
Principal Exchange-Traded Funds Principal Healthcare Innovators ETF
BTEC
| $73.8M | 0.05% |
1,350,000
+50,000
| +4% | +$2.83M |
|
317
Brookfield Infrastructure
BIPC
$5.06B
| $73.8M | 0.05% |
1,849,082
+570,099
| +45% | +$25M |
|
318
Emerson Electric
EMR
$85.3B
| $73.3M | 0.05% |
777,983
-396
| -0.1% | -$39.5K |
|
319
Acushnet Holdings
GOLF
$5.94B
| $73.1M | 0.05% |
1,565,170
-417,429
| -21% | -$21.2M |
|
320
Entegris
ENTG
$18.7B
| $72.7M | 0.05% |
577,421
+11,496
| +2% | +$1.39M |
|
321
FedEx
FDX
$72.9B
| $72.3M | 0.05% |
329,530
+23,880
| +8% | +$6.48M |
|
|
HRC
322
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $71.5M | 0.05% |
476,421
-198,671
| -29% | -$26.8M |
|
323
Cleveland-Cliffs
CLF
$6.38B
| $71.1M | 0.05% |
3,589,563
+9,985
| +0.3% | +$228K |
|
|
GTLS
324
DELISTED
Chart Industries
GTLS
| $71.1M | 0.05% |
371,997
-102,060
| -22% | -$17.6M |
|
325
Norfolk Southern
NSC
$75.1B
| $71M | 0.05% |
296,599
-545
| -0.2% | -$140K |
|
Similar funds
Principal Financial Group's Q3 2021 Portfolio in Review
As of Q3 2021, Principal Financial Group held 2,664 positions worth $153B, down 0.92% from $155B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q3 2021 filing shows 68 new, 1,034 increased, 1,458 reduced and 90 closed positions. Its largest new stake was Core & Main: 1,236,704 shares worth $32.4M. The largest sale was Welltower, an estimated $725M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2021 buy was Core & Main: 1,236,704 shares worth $32.4M.
- Principal Financial Group added most to Ventas in Q3 2021, an estimated $616M increase.
- Principal Financial Group's biggest Q3 2021 reduction was Welltower, cutting an estimated $725M.
- Principal Financial Group fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $52.5M.
- Principal Financial Group's ten largest holdings make up 14% of its $153B portfolio in Q3 2021.
- Principal Financial Group opened 68 new positions and closed 90 in Q3 2021.
- Principal Financial Group's portfolio value fell 0.92% quarter-over-quarter to $153B.
Based on Principal Financial Group's 13F filing for Q3 2021, filed 9 Nov 2021.