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 |
Intuitive Surgical
ISRG
|
+$193M |
| 2 |
Agree Realty
ADC
|
+$165M |
| 3 |
Tyler Technologies
TYL
|
+$162M |
| 4 |
SBA Communications
SBAC
|
+$105M |
| 5 |
CoStar Group
CSGP
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RP
RealPage, Inc.
RP
|
+$285M |
| 2 |
Apple
AAPL
|
+$261M |
| 3 |
Deere & Co
DE
|
+$203M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$193M |
| 5 |
Microsoft
MSFT
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.25% |
| 2 | Financials | 15.26% |
| 3 | Real Estate | 14.94% |
| 4 | Consumer Discretionary | 12.64% |
| 5 | Industrials | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Fate Therapeutics
FATE
$303M
| $17.6M | 0.01% |
213,586
+177,510
| +492% | +$17M |
|
|
CALY
1027
Callaway Golf Company
CALY
$3.44B
| $17.6M | 0.01% |
657,256
+9,375
| +1% | +$265K |
|
|
B
1028
DELISTED
Barnes Group Inc.
B
| $17.6M | 0.01% |
354,861
+6,969
| +2% | +$366K |
|
1029
CareTrust REIT
CTRE
$9.72B
| $17.6M | 0.01% |
754,874
+51,273
| +7% | +$1.18M |
|
1030
Quanta Services
PWR
$103B
| $17.6M | 0.01% |
199,681
-16,347
| -8% | -$1.3M |
|
1031
Avient
AVNT
$3.48B
| $17.5M | 0.01% |
371,195
+49,757
| +15% | +$2.22M |
|
1032
Phibro Animal Health
PAHC
$1.46B
| $17.5M | 0.01% |
717,845
-139,935
| -16% | -$3.16M |
|
|
INN
1033
Summit Hotel Properties
INN
$739M
| $17.5M | 0.01% |
1,723,799
+9,374
| +0.5% | +$90.6K |
|
|
PDEV
1034
DELISTED
Principal Exchange-Traded Funds Principal International Multi-Factor ETF
PDEV
| $17.5M | 0.01% |
581,897
| – | – |
|
1035
B&G Foods
BGS
$286M
| $17.5M | 0.01% |
562,365
+11,614
| +2% | +$365K |
|
1036
Sprouts Farmers Market
SFM
$7.94B
| $17.5M | 0.01% |
655,833
+73,004
| +13% | +$1.66M |
|
1037
Principal Financial Group
PFG
$24.6B
| $17.4M | 0.01% |
290,416
-28,430
| -9% | -$1.58M |
|
|
ARNC
1038
DELISTED
Arconic Corporation
ARNC
| $17.3M | 0.01% |
682,977
+14,741
| +2% | +$396K |
|
1039
Iridium Communications
IRDM
$5.13B
| $17.3M | 0.01% |
419,077
-409,744
| -49% | -$17.9M |
|
1040
Commercial Metals
CMC
$8.37B
| $17.3M | 0.01% |
560,363
+82,500
| +17% | +$2.04M |
|
1041
SL Green Realty
SLG
$3.9B
| $17.3M | 0.01% |
246,906
+146,441
| +146% | +$9.88M |
|
1042
Green Dot
GDOT
$764M
| $17.3M | 0.01% |
377,218
+5,127
| +1% | +$267K |
|
1043
Grand Canyon Education
LOPE
$3.92B
| $17.3M | 0.01% |
161,146
+22,396
| +16% | +$2.22M |
|
|
SIX
1044
DELISTED
Six Flags Entertainment Corp.
SIX
| $17.2M | 0.01% |
370,670
+51,771
| +16% | +$2.16M |
|
|
WRI
1045
DELISTED
Weingarten Realty Investors
WRI
| $17.2M | 0.01% |
639,889
+84,352
| +15% | +$2.09M |
|
1046
Ollie's Bargain Outlet
OLLI
$4.74B
| $17.2M | 0.01% |
197,704
+26,311
| +15% | +$2.4M |
|
|
COOP
1047
DELISTED
Mr. Cooper
COOP
| $17.1M | 0.01% |
493,378
-373
| -0.1% | -$11.8K |
|
1048
QuidelOrtho
QDEL
$1.19B
| $17.1M | 0.01% |
133,970
+18,325
| +16% | +$3.38M |
|
1049
First Bancorp
FBP
$4.44B
| $17.1M | 0.01% |
1,521,677
+6,573
| +0.4% | +$69K |
|
1050
Texas Capital Bancshares
TCBI
$4.35B
| $17.1M | 0.01% |
241,591
+34,866
| +17% | +$2.56M |
|
Similar funds
Principal Financial Group's Q1 2021 Portfolio in Review
As of Q1 2021, Principal Financial Group held 2,536 positions worth $142B, up 5.3% from $135B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2021 filing shows 122 new, 1,357 increased, 986 reduced and 57 closed positions. Its largest new stake was Copa Holdings: 596,434 shares worth $48.2M. The largest sale was RealPage, Inc., an estimated $285M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2021 buy was Copa Holdings: 596,434 shares worth $48.2M.
- Principal Financial Group added most to Intuitive Surgical in Q1 2021, an estimated $193M increase.
- Principal Financial Group's biggest Q1 2021 reduction was RealPage, Inc., cutting an estimated $285M.
- Principal Financial Group fully exited HMS Holdings Corp. in Q1 2021, selling an estimated $47.9M.
- Principal Financial Group's ten largest holdings make up 14% of its $142B portfolio in Q1 2021.
- Principal Financial Group opened 122 new positions and closed 57 in Q1 2021.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $142B.
Based on Principal Financial Group's 13F filing for Q1 2021, filed 10 May 2021.