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 | |
|---|---|---|---|---|---|---|
1051
Ashland
ASH
$3.28B
| $17.4M | 0.01% |
195,150
+5,002
| +3% | +$439K |
|
1052
Highwoods Properties
HIW
$3.58B
| $17.4M | 0.01% |
396,393
-165,226
| -29% | -$7.56M |
|
1053
Independent Bank
INDB
$4.08B
| $17.4M | 0.01% |
228,146
-4,164
| -2% | -$305K |
|
1054
First Financial Bancorp
FFBC
$3.61B
| $17.3M | 0.01% |
740,486
-31,365
| -4% | -$718K |
|
1055
ThredUp
TDUP
$810M
| $17.3M | 0.01% |
798,222
+12,118
| +2% | +$273K |
|
1056
Boise Cascade
BCC
$2.98B
| $17.3M | 0.01% |
320,598
-1,044
| -0.3% | -$56.8K |
|
1057
Essent Group
ESNT
$6.13B
| $17.3M | 0.01% |
393,032
-8,353
| -2% | -$379K |
|
1058
Hexcel
HXL
$7.89B
| $17.2M | 0.01% |
289,868
-1,549
| -0.5% | -$89.4K |
|
1059
Integra LifeSciences
IART
$1.38B
| $17.2M | 0.01% |
251,387
+4,267
| +2% | +$301K |
|
1060
Eastman Chemical
EMN
$8.39B
| $17.2M | 0.01% |
170,796
-6,436
| -4% | -$710K |
|
1061
ArcBest
ARCB
$3.17B
| $17.2M | 0.01% |
210,217
+620
| +0.3% | +$40.9K |
|
|
REGI
1062
DELISTED
Renewable Energy Group, Inc.
REGI
| $17.2M | 0.01% |
342,391
+7,397
| +2% | +$405K |
|
1063
Saic
SAIC
$5.09B
| $17.1M | 0.01% |
200,359
-1,282
| -0.6% | -$110K |
|
1064
Winnebago Industries
WGO
$904M
| $17.1M | 0.01% |
236,029
-1,677
| -0.7% | -$117K |
|
1065
First Interstate BancSystem
FIBK
$3.7B
| $17.1M | 0.01% |
424,200
-58,053
| -12% | -$2.46M |
|
1066
MasTec
MTZ
$21.4B
| $17.1M | 0.01% |
197,729
+1,300
| +0.7% | +$123K |
|
1067
Alcoa
AA
$12.6B
| $17M | 0.01% |
347,147
-5,282
| -1% | -$223K |
|
1068
Brady Corp
BRC
$4.62B
| $17M | 0.01% |
335,088
-6,212
| -2% | -$327K |
|
|
CTXS
1069
DELISTED
Citrix Systems Inc
CTXS
| $17M | 0.01% |
158,211
+1,722
| +1% | +$186K |
|
1070
SPX Corp
SPXC
$10.8B
| $17M | 0.01% |
317,368
-2,527
| -0.8% | -$155K |
|
1071
Chesapeake Utilities
CPK
$3.21B
| $16.9M | 0.01% |
141,060
-2,202
| -2% | -$276K |
|
1072
SL Green Realty
SLG
$3.9B
| $16.9M | 0.01% |
238,874
-2,456
| -1% | -$179K |
|
1073
Nutanix
NTNX
$16.5B
| $16.9M | 0.01% |
448,410
+84,112
| +23% | +$3.18M |
|
1074
Silgan Holdings
SLGN
$4.51B
| $16.9M | 0.01% |
439,731
+27,441
| +7% | +$1.12M |
|
|
AEL
1075
DELISTED
American Equity Investment Life Holding Company
AEL
| $16.8M | 0.01% |
568,736
-35,477
| -6% | -$1.11M |
|
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.