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 |
Intuitive Surgical
ISRG
|
+$193M |
| 2 |
Agree Realty
ADC
|
+$165M |
| 3 |
Tyler Technologies
TYL
|
+$162M |
| 4 |
SBA Communications
SBAC
|
+$105M |
| 5 |
CoStar Group
CSGP
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RP
RealPage, Inc.
RP
|
+$285M |
| 2 |
Apple
AAPL
|
+$261M |
| 3 |
Deere & Co
DE
|
+$203M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$193M |
| 5 |
Microsoft
MSFT
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.25% |
| 2 | Financials | 15.26% |
| 3 | Real Estate | 14.94% |
| 4 | Consumer Discretionary | 12.64% |
| 5 | Industrials | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1176
Ichor Holdings
ICHR
$2.46B
| $14.4M | 0.01% |
268,111
+81,774
| +44% | +$3.48M |
|
1177
Sea Limited
SE
$70.4B
| $14.4M | 0.01% |
64,522
+29,788
| +86% | +$6.92M |
|
1178
COPT Defense Properties
CDP
$4.24B
| $14.4M | 0.01% |
546,170
+76,219
| +16% | +$2.02M |
|
1179
Dana Inc
DAN
$3.01B
| $14.4M | 0.01% |
589,922
+89,552
| +18% | +$2.05M |
|
1180
Bentley Systems
BSY
$10.9B
| $14.3M | 0.01% |
305,252
+16,757
| +6% | +$766K |
|
1181
Modine Manufacturing
MOD
$10.3B
| $14.3M | 0.01% |
968,698
+218,010
| +29% | +$3.1M |
|
1182
Autoliv
ALV
$9.02B
| $14.3M | 0.01% |
154,059
+1,959
| +1% | +$181K |
|
1183
Viasat
VSAT
$11.2B
| $14.3M | 0.01% |
297,072
+40,947
| +16% | +$1.98M |
|
1184
OSI Systems
OSIS
$3.87B
| $14.3M | 0.01% |
148,471
+1,848
| +1% | +$175K |
|
1185
Bristow Group
VTOL
$1.31B
| $14.2M | 0.01% |
549,695
+23,988
| +5% | +$653K |
|
|
PRSP
1186
DELISTED
Perspecta Inc. Common Stock
PRSP
| $14.2M | 0.01% |
488,412
-1,292,090
| -73% | -$36.4M |
|
1187
Adaptive Biotechnologies
ADPT
$3.91B
| $14.2M | 0.01% |
352,329
+29,042
| +9% | +$1.57M |
|
|
JWN
1188
DELISTED
Nordstrom
JWN
| $14.2M | 0.01% |
374,518
+52,175
| +16% | +$1.93M |
|
1189
Loews
L
$23.7B
| $14.1M | 0.01% |
275,446
-30,038
| -10% | -$1.46M |
|
1190
AMC Global Media
AMCX
$496M
| $14.1M | 0.01% |
265,664
+9,903
| +4% | +$541K |
|
1191
NMI Holdings
NMIH
$3.38B
| $14.1M | 0.01% |
594,941
+11,497
| +2% | +$268K |
|
1192
Brink's
BCO
$4.77B
| $14.1M | 0.01% |
177,352
+21,428
| +14% | +$1.62M |
|
1193
FNB Corp
FNB
$6.84B
| $14M | 0.01% |
1,105,799
+150,108
| +16% | +$1.74M |
|
1194
CrowdStrike
CRWD
$214B
| $13.9M | 0.01% |
305,600
+233,976
| +327% | +$12.4M |
|
1195
Deluxe
DLX
$1.22B
| $13.9M | 0.01% |
332,251
+3,991
| +1% | +$150K |
|
1196
ICU Medical
ICUI
$4.16B
| $13.9M | 0.01% |
67,841
+9,719
| +17% | +$2.05M |
|
1197
Campbell Soup
CPB
$6.87B
| $13.9M | 0.01% |
277,014
-18,299
| -6% | -$872K |
|
|
NBP
1198
NovaBridge Biosciences American Depositary Shares
NBP
$190M
| $13.9M | 0.01% |
+287,042
| New | +$15.6M |
|
1199
UMB Financial
UMBF
$11.2B
| $13.9M | 0.01% |
150,566
+25,112
| +20% | +$2.07M |
|
|
GMS
1200
DELISTED
GMS Inc
GMS
| $13.9M | 0.01% |
332,519
+3,778
| +1% | +$135K |
|
Similar funds
Principal Financial Group's Q1 2021 Portfolio in Review
As of Q1 2021, Principal Financial Group held 2,536 positions worth $142B, up 5.3% from $135B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2021 filing shows 122 new, 1,357 increased, 986 reduced and 57 closed positions. Its largest new stake was Copa Holdings: 596,434 shares worth $48.2M. The largest sale was RealPage, Inc., an estimated $285M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2021 buy was Copa Holdings: 596,434 shares worth $48.2M.
- Principal Financial Group added most to Intuitive Surgical in Q1 2021, an estimated $193M increase.
- Principal Financial Group's biggest Q1 2021 reduction was RealPage, Inc., cutting an estimated $285M.
- Principal Financial Group fully exited HMS Holdings Corp. in Q1 2021, selling an estimated $47.9M.
- Principal Financial Group's ten largest holdings make up 14% of its $142B portfolio in Q1 2021.
- Principal Financial Group opened 122 new positions and closed 57 in Q1 2021.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $142B.
Based on Principal Financial Group's 13F filing for Q1 2021, filed 10 May 2021.