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 | |
|---|---|---|---|---|---|---|
1151
Lakeland Financial Corp
LKFN
$1.57B
| $15M | 0.01% |
211,244
+174,758
| +479% | +$11.4M |
|
|
AQUA
1152
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $15M | 0.01% |
399,974
+10,197
| +3% | +$368K |
|
1153
LivaNova
LIVN
$4.29B
| $15M | 0.01% |
189,687
+16,262
| +9% | +$1.34M |
|
|
MGLN
1154
DELISTED
Magellan Health Services, Inc.
MGLN
| $15M | 0.01% |
158,675
-5,104
| -3% | -$483K |
|
1155
TTEC Holdings
TTEC
$128M
| $15M | 0.01% |
160,325
+888
| +0.6% | +$90.6K |
|
1156
Paymentus
PAY
$5.03B
| $15M | 0.01% |
608,515
+9,975
| +2% | +$282K |
|
1157
Carter's
CRI
$1.47B
| $15M | 0.01% |
154,136
-1,131
| -0.7% | -$114K |
|
|
HPP
1158
Hudson Pacific Properties
HPP
$812M
| $15M | 0.01% |
81,380
+272
| +0.3% | +$51.3K |
|
|
CADE
1159
DELISTED
Cadence Bank
CADE
| $15M | 0.01% |
502,203
+40,253
| +9% | +$1.12M |
|
|
SWCH
1160
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $14.9M | 0.01% |
588,776
-2,679
| -0.5% | -$62.8K |
|
1161
Zions Bancorporation
ZION
$10.5B
| $14.9M | 0.01% |
241,423
-37,691
| -14% | -$2.07M |
|
1162
Terex
TEX
$7.55B
| $14.9M | 0.01% |
353,770
+4,520
| +1% | +$214K |
|
1163
Sprouts Farmers Market
SFM
$7.94B
| $14.9M | 0.01% |
641,244
-18,496
| -3% | -$450K |
|
|
FMBI
1164
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $14.8M | 0.01% |
780,382
-23,592
| -3% | -$434K |
|
1165
Pathward Financial
CASH
$1.89B
| $14.8M | 0.01% |
282,620
-870
| -0.3% | -$43.3K |
|
1166
Green Plains
GPRE
$1.15B
| $14.8M | 0.01% |
453,869
+76,187
| +20% | +$2.61M |
|
|
GMS
1167
DELISTED
GMS Inc
GMS
| $14.8M | 0.01% |
338,293
-7,924
| -2% | -$379K |
|
1168
Vital Farms
VITL
$524M
| $14.8M | 0.01% |
842,420
+20,744
| +3% | +$372K |
|
1169
Pricesmart
PSMT
$5.76B
| $14.8M | 0.01% |
190,484
-886
| -0.5% | -$75.2K |
|
1170
ATI
ATI
$28B
| $14.8M | 0.01% |
888,192
-9,813
| -1% | -$186K |
|
1171
Dana Inc
DAN
$3.01B
| $14.8M | 0.01% |
664,028
+5,428
| +0.8% | +$125K |
|
|
TXNM
1172
TXNM Energy Inc
TXNM
$5.91B
| $14.7M | 0.01% |
297,352
-4,249
| -1% | -$208K |
|
1173
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.85B
| $14.7M | 0.01% |
286,498
-105,915
| -27% | -$5.51M |
|
1174
TechTarget
TTGT
$321M
| $14.7M | 0.01% |
178,256
+10,534
| +6% | +$837K |
|
1175
Teladoc Health
TDOC
$1.26B
| $14.6M | 0.01% |
115,366
-1,631
| -1% | -$237K |
|
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.