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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$1.5B |
| 2 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$1.16B |
| 3 |
Principal Investment Grade Corporate Active ETF
IG
|
+$462M |
| 4 |
Principal Active High Yield ETF
YLD
|
+$198M |
| 5 |
Ventas
VTR
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COR
Coresite Realty Corporation
COR
|
+$276M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$197M |
| 3 |
Credit Acceptance
CACC
|
+$183M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$181M |
| 5 |
S&P Global
SPGI
|
+$132M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.23% |
| 2 | Real Estate | 17.07% |
| 3 | Financials | 13.47% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Healthcare | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Pinterest
PINS
$13.7B
| $17.2M | 0.01% |
473,569
+200,468
| +73% | +$8.91M |
|
1052
C.H. Robinson
CHRW
$18.1B
| $17.2M | 0.01% |
159,885
-7,198
| -4% | -$699K |
|
1053
Aveanna Healthcare
AVAH
$2.05B
| $17.2M | 0.01% |
2,325,176
+1,048,779
| +82% | +$7.62M |
|
1054
Webster Financial
WBS
$12.8B
| $17.2M | 0.01% |
307,828
-152,498
| -33% | -$8.59M |
|
1055
Incyte
INCY
$24.5B
| $17.2M | 0.01% |
234,124
-4,158
| -2% | -$280K |
|
1056
Columbia Banking Systems
COLB
$8.99B
| $17.2M | 0.01% |
524,265
-12,566
| -2% | -$435K |
|
1057
Maximus
MMS
$3.31B
| $17.1M | 0.01% |
215,199
-5,383
| -2% | -$440K |
|
|
FBC
1058
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $17.1M | 0.01% |
356,829
-8,423
| -2% | -$418K |
|
1059
Unum
UNM
$14.2B
| $17.1M | 0.01% |
694,863
-11,775
| -2% | -$301K |
|
1060
WaFd
WAFD
$2.79B
| $17.1M | 0.01% |
510,883
-267,742
| -34% | -$9.24M |
|
1061
Nektar Therapeutics
NKTR
$2.46B
| $17M | 0.01% |
84,120
+39,324
| +88% | +$8.53M |
|
|
BNT
1062
Brookfield Wealth Solutions
BNT
$12.3B
| $17M | 0.01% |
407,387
+33,422
| +9% | +$1.34M |
|
1063
Clean Harbors
CLH
$16.3B
| $17M | 0.01% |
170,191
-2,915
| -2% | -$307K |
|
1064
Axcelis
ACLS
$4.16B
| $17M | 0.01% |
227,444
-8,518
| -4% | -$505K |
|
1065
TechTarget
TTGT
$311M
| $16.9M | 0.01% |
177,194
-1,062
| -0.6% | -$99.8K |
|
1066
Home BancShares
HOMB
$6.27B
| $16.9M | 0.01% |
694,476
-4,573
| -0.7% | -$113K |
|
1067
United Bankshares
UBSI
$6.73B
| $16.9M | 0.01% |
465,554
+18,423
| +4% | +$678K |
|
1068
SolarEdge
SEDG
$2.29B
| $16.9M | 0.01% |
60,184
-117,796
| -66% | -$37.2M |
|
1069
United Airlines
UAL
$43.6B
| $16.9M | 0.01% |
385,060
-11,435
| -3% | -$530K |
|
1070
Bristow Group
VTOL
$1.3B
| $16.9M | 0.01% |
532,232
-138,047
| -21% | -$4.65M |
|
1071
Selective Insurance
SIGI
$5.78B
| $16.8M | 0.01% |
205,430
-2,693
| -1% | -$214K |
|
|
CDK
1072
DELISTED
CDK Global, Inc.
CDK
| $16.8M | 0.01% |
403,169
-18,302
| -4% | -$768K |
|
1073
Bread Financial
BFH
$4.58B
| $16.8M | 0.01% |
251,733
-85,482
| -25% | -$6.32M |
|
1074
Highwoods Properties
HIW
$3.58B
| $16.8M | 0.01% |
375,824
-20,569
| -5% | -$930K |
|
|
CNH
1075
CNH Industrial
CNH
$13.7B
| $16.7M | 0.01% |
989,980
+237,958
| +32% | +$3.65M |
|
Similar funds
Principal Financial Group's Q4 2021 Portfolio in Review
As of Q4 2021, Principal Financial Group held 2,728 positions worth $168B, up 9.3% from $153B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2021 filing shows 154 new, 583 increased, 1,772 reduced and 205 closed positions. Its largest new stake was Principal Investment Grade Corporate Active ETF: 17,450,000 shares worth $459M. The largest sale was Coresite Realty Corporation, an estimated $276M.
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 Q4 2021 buy was Principal Investment Grade Corporate Active ETF: 17,450,000 shares worth $459M.
- Principal Financial Group added most to Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q4 2021, an estimated $1.5B increase.
- Principal Financial Group's biggest Q4 2021 reduction was IHS Markit Ltd. Common Shares, cutting an estimated $197M.
- Principal Financial Group fully exited Coresite Realty Corporation in Q4 2021, selling an estimated $276M.
- Principal Financial Group's ten largest holdings make up 15% of its $168B portfolio in Q4 2021.
- Principal Financial Group opened 154 new positions and closed 205 in Q4 2021.
- Principal Financial Group's portfolio value rose 9.3% quarter-over-quarter to $168B.
Based on Principal Financial Group's 13F filing for Q4 2021, filed 9 Feb 2022.