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 | |
|---|---|---|---|---|---|---|
701
Franklin Electric
FELE
$4.86B
| $27.4M | 0.02% |
343,400
+3,019
| +0.9% | +$248K |
|
702
WEX
WEX
$6.45B
| $27.4M | 0.02% |
155,602
-862
| -0.6% | -$157K |
|
703
XPO
XPO
$23.8B
| $27.4M | 0.02% |
579,282
-458,552
| -44% | -$23M |
|
704
Graphic Packaging
GPK
$3.52B
| $27.4M | 0.02% |
1,437,166
+23,929
| +2% | +$456K |
|
705
Ameren
AEE
$30.3B
| $27.3M | 0.02% |
336,973
-13,065
| -4% | -$1.11M |
|
|
CERN
706
DELISTED
Cerner Corp
CERN
| $27.3M | 0.02% |
386,940
-17,803
| -4% | -$1.38M |
|
707
Badger Meter
BMI
$4.07B
| $27.2M | 0.02% |
269,124
-142
| -0.1% | -$14.5K |
|
708
AptarGroup
ATR
$8.66B
| $27.2M | 0.02% |
227,972
-592
| -0.3% | -$77.9K |
|
709
Mid-America Apartment Communities
MAA
$15.5B
| $27.2M | 0.02% |
145,556
+3,685
| +3% | +$692K |
|
710
First American
FAF
$7.76B
| $27.2M | 0.02% |
405,340
-75,208
| -16% | -$5.03M |
|
711
DTE Energy
DTE
$29.5B
| $27.2M | 0.02% |
243,263
-39,166
| -14% | -$4.59M |
|
712
Bread Financial
BFH
$4.54B
| $27.2M | 0.02% |
337,215
-368,695
| -52% | -$28.5M |
|
713
Corpay
CPAY
$25.9B
| $27.1M | 0.02% |
103,832
+194
| +0.2% | +$50.2K |
|
714
GXO Logistics
GXO
$6.03B
| $27M | 0.02% |
+344,184
| New | +$27M |
|
715
Encompass Health
EHC
$11B
| $27M | 0.02% |
452,148
-5,830
| -1% | -$367K |
|
716
Chemed
CHE
$7.05B
| $27M | 0.02% |
58,022
+1,566
| +3% | +$738K |
|
717
LivePerson
LPSN
$27M
| $26.9M | 0.02% |
30,388
+135
| +0.4% | +$127K |
|
|
PPL
718
PPL Corp
PPL
$26.5B
| $26.8M | 0.02% |
962,705
+8,897
| +0.9% | +$257K |
|
719
iShares MSCI EAFE ETF
EFA
$79.3B
| $26.8M | 0.02% |
343,379
+879
| +0.3% | +$70.3K |
|
720
California Water Service
CWT
$3.11B
| $26.8M | 0.02% |
454,329
+405
| +0.1% | +$24.9K |
|
721
Jefferies Financial Group
JEF
$12.8B
| $26.8M | 0.02% |
754,105
-95,654
| -11% | -$3.2M |
|
722
WaFd
WAFD
$2.79B
| $26.7M | 0.02% |
778,625
-45,912
| -6% | -$1.49M |
|
723
Simmons First National
SFNC
$3.48B
| $26.7M | 0.02% |
903,674
-10,053
| -1% | -$284K |
|
724
Snowflake
SNOW
$110B
| $26.7M | 0.02% |
88,250
+35,461
| +67% | +$10.1M |
|
725
Pinnacle Financial Partners Inc
PNFP
$16.5B
| $26.7M | 0.02% |
283,437
+2,220
| +0.8% | +$204K |
|
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.