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 | |
|---|---|---|---|---|---|---|
|
PDEV
1076
DELISTED
Principal Exchange-Traded Funds Principal International Multi-Factor ETF
PDEV
| $17.6M | 0.01% |
556,897
-25,000
| -4% | -$783K |
|
1077
Organon & Co
OGN
$3.56B
| $17.6M | 0.01% |
+581,644
| New | +$19.1M |
|
1078
Neogen
NEOG
$2.71B
| $17.6M | 0.01% |
381,821
+457
| +0.1% | +$21.1K |
|
1079
Gibraltar Industries
ROCK
$1.32B
| $17.6M | 0.01% |
230,036
+1,973
| +0.9% | +$163K |
|
1080
Independent Bank
INDB
$4.04B
| $17.5M | 0.01% |
232,310
+1,777
| +0.8% | +$143K |
|
1081
Skywest
SKYW
$4.38B
| $17.5M | 0.01% |
405,380
-194,010
| -32% | -$9.57M |
|
1082
Medpace
MEDP
$16B
| $17.4M | 0.01% |
98,744
+130
| +0.1% | +$22.4K |
|
1083
Pricesmart
PSMT
$6.01B
| $17.4M | 0.01% |
191,370
+14,400
| +8% | +$1.28M |
|
1084
Boot Barn
BOOT
$4.88B
| $17.4M | 0.01% |
207,046
+1,832
| +0.9% | +$134K |
|
1085
Evergy
EVRG
$19.4B
| $17.4M | 0.01% |
287,593
+10,246
| +4% | +$641K |
|
1086
Everest Group
EG
$14.7B
| $17.4M | 0.01% |
68,950
+5,184
| +8% | +$1.35M |
|
1087
Home BancShares
HOMB
$6.3B
| $17.4M | 0.01% |
703,491
+7,226
| +1% | +$195K |
|
1088
Fox Class A
FOXA
$25B
| $17.3M | 0.01% |
467,167
+1,960
| +0.4% | +$73.6K |
|
1089
Western Union
WU
$2.01B
| $17.3M | 0.01% |
754,948
+72,570
| +11% | +$1.81M |
|
|
UNIT
1090
Uniti Group
UNIT
$2.32B
| $17.3M | 0.01% |
1,636,746
-5,198
| -0.3% | -$56.4K |
|
1091
Progress Software
PRGS
$1.72B
| $17.3M | 0.01% |
374,357
+10,294
| +3% | +$466K |
|
1092
Moog Inc Class A
MOG.A
$12.5B
| $17.3M | 0.01% |
205,801
+1,066
| +0.5% | +$92.2K |
|
1093
Boyd Gaming
BYD
$6.13B
| $17.3M | 0.01% |
281,312
+1,667
| +0.6% | +$105K |
|
|
RPAI
1094
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $17.3M | 0.01% |
1,510,099
+13,352
| +0.9% | +$156K |
|
1095
Sea Limited
SE
$66.1B
| $17.3M | 0.01% |
62,837
-1,685
| -3% | -$428K |
|
1096
QuidelOrtho
QDEL
$1.17B
| $17.2M | 0.01% |
134,600
+630
| +0.5% | +$74.2K |
|
1097
Chesapeake Utilities
CPK
$3.22B
| $17.2M | 0.01% |
143,262
+4,530
| +3% | +$536K |
|
1098
ESCO Technologies
ESE
$8.19B
| $17.2M | 0.01% |
183,196
-993
| -0.5% | -$100K |
|
1099
Mohawk Industries
MHK
$7.99B
| $17.2M | 0.01% |
89,389
-12,332
| -12% | -$2.51M |
|
1100
United Bankshares
UBSI
$6.7B
| $17.2M | 0.01% |
470,261
-83,067
| -15% | -$3.26M |
|
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.