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 | |
|---|---|---|---|---|---|---|
826
Ligand Pharmaceuticals
LGND
$6.03B
| $23.1M | 0.02% |
265,635
+89,629
| +51% | +$6.93M |
|
827
OGE Energy
OGE
$9.68B
| $23.1M | 0.02% |
700,009
-4,251
| -0.6% | -$147K |
|
828
Chemours
CC
$2.24B
| $23.1M | 0.02% |
793,408
-6,294
| -0.8% | -$204K |
|
829
The Mosaic Company
MOS
$7.49B
| $23M | 0.02% |
644,465
-12,704
| -2% | -$406K |
|
830
SEI Investments
SEIC
$12.6B
| $23M | 0.02% |
388,124
-56,563
| -13% | -$3.45M |
|
831
Walker & Dunlop
WD
$1.76B
| $23M | 0.02% |
202,578
-5,539
| -3% | -$580K |
|
832
RenaissanceRe
RNR
$13.4B
| $22.9M | 0.02% |
164,566
-9,914
| -6% | -$1.5M |
|
833
Take-Two Interactive
TTWO
$43.7B
| $22.9M | 0.02% |
148,818
-32,996
| -18% | -$5.34M |
|
|
DAY
834
DELISTED
Dayforce
DAY
| $22.9M | 0.01% |
203,363
-290,651
| -59% | -$30.5M |
|
835
Texas Roadhouse
TXRH
$13.8B
| $22.9M | 0.01% |
250,637
+16,702
| +7% | +$1.56M |
|
|
JAMF
836
DELISTED
Jamf
JAMF
| $22.9M | 0.01% |
594,225
+16,476
| +3% | +$566K |
|
837
UDR
UDR
$12.4B
| $22.9M | 0.01% |
431,462
-15,557
| -3% | -$831K |
|
|
HSKA
838
DELISTED
Heska Corp
HSKA
| $22.8M | 0.01% |
88,365
+4,816
| +6% | +$1.23M |
|
839
Prosperity Bancshares
PB
$8.93B
| $22.8M | 0.01% |
321,028
-2,026
| -0.6% | -$140K |
|
|
AJRD
840
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $22.7M | 0.01% |
521,746
-4,981
| -0.9% | -$222K |
|
841
Brixmor Property Group
BRX
$9.46B
| $22.7M | 0.01% |
1,026,789
-6,340
| -0.6% | -$146K |
|
842
MSC Industrial Direct
MSM
$7.12B
| $22.7M | 0.01% |
283,021
+911
| +0.3% | +$77.3K |
|
843
Advance Auto Parts
AAP
$3.59B
| $22.7M | 0.01% |
108,559
+2,268
| +2% | +$473K |
|
844
Avista
AVA
$3.23B
| $22.7M | 0.01% |
579,584
-3,798
| -0.7% | -$159K |
|
|
ATC
845
DELISTED
Atotech Limited
ATC
| $22.7M | 0.01% |
937,940
-797,606
| -46% | -$19.2M |
|
846
HNI Corp
HNI
$3.5B
| $22.6M | 0.01% |
616,078
+77,725
| +14% | +$3.01M |
|
847
Healthpeak Properties
DOC
$15.1B
| $22.6M | 0.01% |
674,241
-38,218
| -5% | -$1.35M |
|
848
Simply Good Foods
SMPL
$996M
| $22.6M | 0.01% |
654,426
-6,396
| -1% | -$230K |
|
849
Primerica
PRI
$9.91B
| $22.6M | 0.01% |
146,894
-2,690
| -2% | -$400K |
|
850
Mattel
MAT
$4.25B
| $22.6M | 0.01% |
1,214,977
-1,125,331
| -48% | -$23.3M |
|
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.