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 | |
|---|---|---|---|---|---|---|
|
FMBI
1151
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $15.9M | 0.01% |
803,974
-2,346,436
| -74% | -$49.4M |
|
1152
Vicor
VICR
$9.89B
| $15.9M | 0.01% |
150,630
+731
| +0.5% | +$65K |
|
1153
AeroVironment
AVAV
$7.95B
| $15.9M | 0.01% |
158,996
+32
| +0% | +$3.52K |
|
1154
Semtech
SMTC
$11B
| $15.9M | 0.01% |
230,937
-1,894
| -0.8% | -$125K |
|
1155
Renasant Corp
RNST
$4.02B
| $15.8M | 0.01% |
395,965
-45,505
| -10% | -$1.94M |
|
1156
Kaiser Aluminum
KALU
$2.63B
| $15.8M | 0.01% |
128,200
+3,584
| +3% | +$447K |
|
|
HPP
1157
Hudson Pacific Properties
HPP
$789M
| $15.8M | 0.01% |
81,108
+823
| +1% | +$163K |
|
1158
C.H. Robinson
CHRW
$17.3B
| $15.8M | 0.01% |
168,546
+2,704
| +2% | +$264K |
|
1159
PMV Pharmaceuticals
PMVP
$58.7M
| $15.8M | 0.01% |
461,913
+263,491
| +133% | +$8.8M |
|
|
PBCT
1160
DELISTED
People's United Financial Inc
PBCT
| $15.8M | 0.01% |
920,427
+86,856
| +10% | +$1.59M |
|
1161
iShares Core S&P Small-Cap ETF
IJR
$111B
| $15.8M | 0.01% |
139,500
+748
| +0.5% | +$83.4K |
|
|
NLSN
1162
DELISTED
Nielsen Holdings plc
NLSN
| $15.7M | 0.01% |
637,337
+173,897
| +38% | +$4.54M |
|
1163
Innospec
IOSP
$2.11B
| $15.7M | 0.01% |
173,334
-17,922
| -9% | -$1.78M |
|
1164
Cohu
COHU
$2.28B
| $15.7M | 0.01% |
426,280
+102,282
| +32% | +$4.06M |
|
1165
Ingevity
NGVT
$2.53B
| $15.7M | 0.01% |
192,470
+12,208
| +7% | +$982K |
|
1166
Dana Inc
DAN
$2.95B
| $15.6M | 0.01% |
658,600
+68,678
| +12% | +$1.78M |
|
1167
ACI Worldwide
ACIW
$5.79B
| $15.6M | 0.01% |
420,240
+1,041
| +0.2% | +$40.7K |
|
|
CMA
1168
DELISTED
Comerica
CMA
| $15.6M | 0.01% |
218,327
-12,323
| -5% | -$913K |
|
1169
Granite Construction
GVA
$5.44B
| $15.6M | 0.01% |
375,023
+55,808
| +17% | +$2.21M |
|
1170
Atmos Energy
ATO
$28.8B
| $15.6M | 0.01% |
161,814
+6,569
| +4% | +$659K |
|
1171
Lindblad Expeditions
LIND
$2.09B
| $15.5M | 0.01% |
968,274
+182,129
| +23% | +$3.08M |
|
1172
OSI Systems
OSIS
$3.69B
| $15.5M | 0.01% |
152,218
+3,747
| +3% | +$365K |
|
1173
Aveanna Healthcare
AVAH
$2.11B
| $15.5M | 0.01% |
+1,249,846
| New | +$14.8M |
|
|
MGLN
1174
DELISTED
Magellan Health Services, Inc.
MGLN
| $15.4M | 0.01% |
163,779
+1,279
| +0.8% | +$120K |
|
1175
Iron Mountain
IRM
$37.2B
| $15.4M | 0.01% |
364,153
+7,013
| +2% | +$294K |
|
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.