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 | |
|---|---|---|---|---|---|---|
|
NATI
1001
DELISTED
National Instruments Corp
NATI
| $19.4M | 0.01% |
457,664
+5,345
| +1% | +$225K |
|
|
PCH
1002
DELISTED
PotlatchDeltic
PCH
| $19.3M | 0.01% |
363,305
+131,119
| +56% | +$7.56M |
|
1003
SL Green Realty
SLG
$3.76B
| $19.3M | 0.01% |
241,330
-5,576
| -2% | -$424K |
|
1004
Douglas Emmett
DEI
$1.98B
| $19.3M | 0.01% |
573,993
-23,405
| -4% | -$794K |
|
1005
Textron
TXT
$14.7B
| $19.3M | 0.01% |
280,431
+5,178
| +2% | +$335K |
|
1006
Maximus
MMS
$3.17B
| $19.2M | 0.01% |
218,666
-1,470
| -0.7% | -$135K |
|
1007
Vontier
VNT
$4.52B
| $19.2M | 0.01% |
589,756
-31,813
| -5% | -$1.05M |
|
|
HSKA
1008
DELISTED
Heska Corp
HSKA
| $19.2M | 0.01% |
83,549
+13,433
| +19% | +$2.64M |
|
1009
Teradata
TDC
$2.92B
| $19.2M | 0.01% |
383,791
+5,532
| +1% | +$252K |
|
1010
KBR
KBR
$4.62B
| $19.2M | 0.01% |
502,059
+10,934
| +2% | +$434K |
|
|
SRC
1011
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $19.1M | 0.01% |
399,842
+5,020
| +1% | +$235K |
|
1012
Brady Corp
BRC
$4.44B
| $19.1M | 0.01% |
341,300
-668
| -0.2% | -$37.6K |
|
|
B
1013
DELISTED
Barnes Group Inc.
B
| $19.1M | 0.01% |
373,127
+18,266
| +5% | +$947K |
|
1014
Adeia
ADEA
$2.94B
| $19.1M | 0.01% |
3,240,934
+92,081
| +3% | +$524K |
|
1015
PTC
PTC
$15.8B
| $19M | 0.01% |
134,821
-232,961
| -63% | -$31.9M |
|
1016
UMB Financial
UMBF
$11.1B
| $19M | 0.01% |
204,342
+53,776
| +36% | +$5.11M |
|
1017
SM Energy
SM
$7.8B
| $19M | 0.01% |
771,302
+26,224
| +4% | +$508K |
|
|
CVET
1018
DELISTED
Covetrus, Inc. Common Stock
CVET
| $18.9M | 0.01% |
701,631
+6,386
| +0.9% | +$179K |
|
1019
MGIC Investment
MTG
$6.16B
| $18.9M | 0.01% |
1,392,207
+72,232
| +5% | +$1.04M |
|
1020
JB Hunt Transport Services
JBHT
$25.5B
| $18.9M | 0.01% |
115,986
+9,830
| +9% | +$1.66M |
|
|
SOND
1021
DELISTED
Sonder
SOND
| $18.9M | 0.01% |
+95,455
| New | +$19M |
|
1022
Regal Rexnord
RRX
$13.7B
| $18.9M | 0.01% |
141,345
-40,748
| -22% | -$5.75M |
|
1023
Adaptive Biotechnologies
ADPT
$3.59B
| $18.9M | 0.01% |
461,709
+109,380
| +31% | +$4.25M |
|
1024
Commault Systems
CVLT
$4.88B
| $18.9M | 0.01% |
241,302
+73,905
| +44% | +$5.37M |
|
|
WLL
1025
DELISTED
Whiting Petroleum Corporation
WLL
| $18.8M | 0.01% |
345,438
+4,546
| +1% | +$195K |
|
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.