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 |
CoStar Group
CSGP
|
+$486M |
| 2 |
Marriott Vacations Worldwide
VAC
|
+$246M |
| 3 |
Broadstone Net Lease
BNL
|
+$244M |
| 4 |
Tyler Technologies
TYL
|
+$235M |
| 5 |
Equinix
EQIX
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Motorola Solutions
MSI
|
+$309M |
| 2 |
Prologis
PLD
|
+$303M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$300M |
| 4 |
Gartner
IT
|
+$262M |
| 5 |
CBRE Group
CBRE
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.69% |
| 2 | Real Estate | 16% |
| 3 | Financials | 14.93% |
| 4 | Consumer Discretionary | 12.35% |
| 5 | Industrials | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Strategy Inc
MSTR
$34.1B
| $36.6M | 0.02% |
550,780
-73,270
| -12% | -$4.33M |
|
577
Marvell Technology
MRVL
$168B
| $36.5M | 0.02% |
625,452
+15,188
| +2% | +$742K |
|
578
Privia Health
PRVA
$2.98B
| $36.5M | 0.02% |
+821,633
| New | +$30.3M |
|
|
PRAH
579
DELISTED
PRA Health Sciences, Inc.
PRAH
| $36.4M | 0.02% |
220,146
-4,031
| -2% | -$673K |
|
580
ABM Industries
ABM
$2.81B
| $36.4M | 0.02% |
819,888
+292,207
| +55% | +$14.7M |
|
581
West Pharmaceutical
WST
$24B
| $36.2M | 0.02% |
100,879
+1,006
| +1% | +$332K |
|
582
The Honest Company
HNST
$402M
| $36.2M | 0.02% |
+2,235,641
| New | +$37.4M |
|
583
Acuity Brands
AYI
$9.83B
| $36M | 0.02% |
192,495
+65,358
| +51% | +$11.9M |
|
584
Repligen
RGEN
$7.96B
| $35.8M | 0.02% |
179,356
-44,818
| -20% | -$8.69M |
|
585
Bio-Rad Laboratories Class A
BIO
$8.71B
| $35.8M | 0.02% |
55,551
-3,084
| -5% | -$1.88M |
|
586
Evercore
EVR
$12.4B
| $35.7M | 0.02% |
253,904
+73,597
| +41% | +$10.3M |
|
|
BBBY
587
DELISTED
Bed Bath & Beyond Inc
BBBY
| $35.7M | 0.02% |
1,072,933
-21,699
| -2% | -$603K |
|
|
EB
588
DELISTED
Eventbrite
EB
| $35.7M | 0.02% |
1,877,717
+398,098
| +27% | +$8.44M |
|
589
Lithia Motors
LAD
$8.47B
| $35.6M | 0.02% |
103,517
+9,712
| +10% | +$3.51M |
|
590
Independence Realty Trust
IRT
$3.92B
| $35.5M | 0.02% |
1,947,204
+117,295
| +6% | +$1.99M |
|
|
SEM
591
DELISTED
Select Medical
SEM
| $35.4M | 0.02% |
1,553,895
+26,633
| +2% | +$553K |
|
592
3D Systems Corp
DDD
$431M
| $35.3M | 0.02% |
883,929
+18,461
| +2% | +$488K |
|
593
The Ensign Group
ENSG
$10.4B
| $35.3M | 0.02% |
407,240
+18,951
| +5% | +$1.64M |
|
594
Power Integrations
POWI
$3.38B
| $35.2M | 0.02% |
429,221
-50,128
| -10% | -$4.05M |
|
595
Halliburton
HAL
$26.9B
| $35.2M | 0.02% |
1,522,962
+52,583
| +4% | +$1.17M |
|
596
Bloomin' Brands
BLMN
$741M
| $35.2M | 0.02% |
1,295,866
-13,695
| -1% | -$388K |
|
597
Meritage Homes
MTH
$4.58B
| $35M | 0.02% |
743,168
+219,356
| +42% | +$11.1M |
|
598
Penumbra
PEN
$12.7B
| $34.9M | 0.02% |
127,458
+1,424
| +1% | +$389K |
|
599
Jones Lang LaSalle
JLL
$16.3B
| $34.9M | 0.02% |
178,459
+2,700
| +2% | +$527K |
|
600
Vishay Intertechnology
VSH
$5.25B
| $34.7M | 0.02% |
1,537,286
+213,811
| +16% | +$5.13M |
|
Similar funds
Principal Financial Group's Q2 2021 Portfolio in Review
As of Q2 2021, Principal Financial Group held 2,712 positions worth $155B, up 8.9% from $142B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q2 2021 filing shows 231 new, 1,591 increased, 764 reduced and 116 closed positions. Its largest new stake was Lifestance Health: 2,210,167 shares worth $61.6M. The largest sale was Motorola Solutions, an estimated $309M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q2 2021 buy was Lifestance Health: 2,210,167 shares worth $61.6M.
- Principal Financial Group added most to CoStar Group in Q2 2021, an estimated $486M increase.
- Principal Financial Group's biggest Q2 2021 reduction was Motorola Solutions, cutting an estimated $309M.
- Principal Financial Group fully exited New Oriental in Q2 2021, selling an estimated $68.1M.
- Principal Financial Group's ten largest holdings make up 14% of its $155B portfolio in Q2 2021.
- Principal Financial Group opened 231 new positions and closed 116 in Q2 2021.
- Principal Financial Group's portfolio value rose 8.9% quarter-over-quarter to $155B.
Based on Principal Financial Group's 13F filing for Q2 2021, filed 10 Aug 2021.