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 | |
|---|---|---|---|---|---|---|
1026
Commercial Metals
CMC
$8.37B
| $18.2M | 0.01% |
598,375
-6,822
| -1% | -$217K |
|
|
BBBY
1027
DELISTED
Bed Bath & Beyond Inc
BBBY
| $18.2M | 0.01% |
1,054,545
-18,388
| -2% | -$497K |
|
1028
Wingstop
WING
$3.37B
| $18.2M | 0.01% |
110,913
+5,107
| +5% | +$866K |
|
1029
Pultegroup
PHM
$25.3B
| $18.1M | 0.01% |
394,411
-60,891
| -13% | -$3.16M |
|
1030
JB Hunt Transport Services
JBHT
$25.6B
| $18.1M | 0.01% |
108,206
-7,780
| -7% | -$1.33M |
|
1031
MGIC Investment
MTG
$6.27B
| $18M | 0.01% |
1,205,462
-186,745
| -13% | -$2.71M |
|
|
NATI
1032
DELISTED
National Instruments Corp
NATI
| $18M | 0.01% |
459,600
+1,936
| +0.4% | +$81K |
|
1033
Clean Harbors
CLH
$16.3B
| $18M | 0.01% |
173,106
-1,589
| -0.9% | -$156K |
|
|
MODV
1034
DELISTED
ModivCare
MODV
| $18M | 0.01% |
98,858
-1,058
| -1% | -$188K |
|
1035
Boyd Gaming
BYD
$6.13B
| $17.9M | 0.01% |
283,719
+2,407
| +0.9% | +$143K |
|
|
CDK
1036
DELISTED
CDK Global, Inc.
CDK
| $17.9M | 0.01% |
421,471
-2,650
| -0.6% | -$119K |
|
|
CIT
1037
DELISTED
CIT Group Inc.
CIT
| $17.8M | 0.01% |
343,390
-4,653
| -1% | -$238K |
|
|
LHCG
1038
DELISTED
LHC Group LLC
LHCG
| $17.8M | 0.01% |
113,425
+953
| +0.8% | +$179K |
|
|
MDP
1039
DELISTED
Meredith Corporation
MDP
| $17.8M | 0.01% |
319,516
-3,366
| -1% | -$147K |
|
1040
Whirlpool
WHR
$2.93B
| $17.8M | 0.01% |
87,265
-19,167
| -18% | -$4.2M |
|
1041
B&G Foods
BGS
$286M
| $17.7M | 0.01% |
593,456
-10,168
| -2% | -$305K |
|
1042
Array Technologies
ARRY
$868M
| $17.7M | 0.01% |
957,687
+23,490
| +3% | +$390K |
|
1043
Plexus
PLXS
$7.35B
| $17.7M | 0.01% |
198,239
-4,059
| -2% | -$361K |
|
1044
NOV
NOV
$6.95B
| $17.7M | 0.01% |
1,350,658
+874,747
| +184% | +$11.8M |
|
1045
Unum
UNM
$14.1B
| $17.7M | 0.01% |
706,638
+244,257
| +53% | +$6.47M |
|
1046
Installed Building Products
IBP
$6.51B
| $17.7M | 0.01% |
164,976
+5,003
| +3% | +$596K |
|
1047
Blackstone
BX
$109B
| $17.7M | 0.01% |
151,869
+51,195
| +51% | +$5.94M |
|
|
HOUS
1048
DELISTED
Anywhere Real Estate
HOUS
| $17.7M | 0.01% |
1,007,304
-16,921
| -2% | -$298K |
|
|
WLL
1049
DELISTED
Whiting Petroleum Corporation
WLL
| $17.7M | 0.01% |
302,417
-43,021
| -12% | -$2.13M |
|
1050
Rayonier
RYN
$6.62B
| $17.4M | 0.01% |
538,326
-187,693
| -26% | -$6.29M |
|
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.