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 |
Idexx Laboratories
IDXX
|
+$222M |
| 2 |
Welltower
WELL
|
+$174M |
| 3 |
Healthcare Realty
HR
|
+$162M |
| 4 |
Moody's
MCO
|
+$116M |
| 5 |
Equity Lifestyle Properties
ELS
|
+$96M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$418M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$327M |
| 3 |
Principal Investment Grade Corporate Active ETF
IG
|
+$289M |
| 4 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$241M |
| 5 |
Meta Platforms (Facebook)
META
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.29% |
| 2 | Technology | 16.21% |
| 3 | Financials | 15.24% |
| 4 | Consumer Discretionary | 11.06% |
| 5 | Industrials | 10.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
MP Materials
MP
$8.47B
| $9.83M | 0.01% |
360,177
+347,806
| +2,811% | +$11.4M |
|
|
NVEE
1202
DELISTED
NV5 Global
NVEE
| $9.8M | 0.01% |
316,512
-2,704
| -0.8% | -$88.4K |
|
1203
iShares Russell Mid-Cap Value ETF
IWS
$15.8B
| $9.8M | 0.01% |
102,000
+9,000
| +10% | +$961K |
|
1204
Hope Bancorp
HOPE
$1.78B
| $9.79M | 0.01% |
774,457
-73,149
| -9% | -$1.06M |
|
|
LTC
1205
LTC Properties
LTC
$2.02B
| $9.78M | 0.01% |
261,100
-13,887
| -5% | -$578K |
|
|
WRK
1206
DELISTED
WestRock Company
WRK
| $9.77M | 0.01% |
316,323
-60,285
| -16% | -$2.38M |
|
1207
American Airlines Group
AAL
$10.6B
| $9.73M | 0.01% |
808,357
+6,896
| +0.9% | +$96.1K |
|
1208
Xencor
XNCR
$1.49B
| $9.72M | 0.01% |
374,195
+437
| +0.1% | +$12.5K |
|
|
XHR
1209
Xenia Hotels & Resorts
XHR
$1.82B
| $9.71M | 0.01% |
704,493
-748
| -0.1% | -$11.9K |
|
1210
Whirlpool
WHR
$2.8B
| $9.66M | 0.01% |
71,630
+921
| +1% | +$147K |
|
|
ENV
1211
DELISTED
ENVESTNET, INC.
ENV
| $9.64M | 0.01% |
217,105
-3,013
| -1% | -$161K |
|
1212
Ironwood Pharmaceuticals
IRWD
$703M
| $9.58M | 0.01% |
924,443
-303,360
| -25% | -$3.44M |
|
|
IRBT
1213
DELISTED
iRobot
IRBT
| $9.5M | 0.01% |
168,610
-1,053
| -0.6% | -$55.3K |
|
1214
Astrana Health
ASTH
$1.7B
| $9.49M | 0.01% |
243,322
+3,925
| +2% | +$180K |
|
|
HBI
1215
DELISTED
Hanesbrands
HBI
| $9.47M | 0.01% |
1,360,467
-12,835
| -0.9% | -$126K |
|
|
VSXY
1216
Victoria's Secret
VSXY
$7.45B
| $9.47M | 0.01% |
325,202
+53,244
| +20% | +$1.79M |
|
1217
American Eagle Outfitters
AEO
$2.97B
| $9.47M | 0.01% |
972,908
+371,054
| +62% | +$4.32M |
|
1218
Lindblad Expeditions
LIND
$2.23B
| $9.46M | 0.01% |
1,399,447
+106,124
| +8% | +$925K |
|
|
ELME
1219
Elme Communities
ELME
$146M
| $9.46M | 0.01% |
538,543
-1,311
| -0.2% | -$26.8K |
|
1220
Warrior Met Coal
HCC
$4.76B
| $9.45M | 0.01% |
332,212
-24,186
| -7% | -$744K |
|
1221
ACI Worldwide
ACIW
$5.63B
| $9.38M | 0.01% |
448,712
-9,152
| -2% | -$228K |
|
1222
Adaptive Biotechnologies
ADPT
$3.76B
| $9.36M | 0.01% |
1,314,279
+113,217
| +9% | +$1.07M |
|
1223
Bath & Body Works
BBWI
$4.07B
| $9.35M | 0.01% |
286,702
-16,436
| -5% | -$580K |
|
1224
Adeia
ADEA
$3.12B
| $9.34M | 0.01% |
2,497,650
-121,826
| -5% | -$501K |
|
1225
Columbia Sportswear
COLM
$2.93B
| $9.33M | 0.01% |
138,696
+6,568
| +5% | +$481K |
|
Similar funds
Principal Financial Group's Q3 2022 Portfolio in Review
As of Q3 2022, Principal Financial Group held 2,628 positions worth $126B, down 6.9% from $135B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2022 filing shows 120 new, 733 increased, 1,605 reduced and 136 closed positions. Its largest new stake was iShares 0-5 Year TIPS Bond ETF: 564,225 shares worth $54.2M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $418M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 18% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q3 2022 buy was iShares 0-5 Year TIPS Bond ETF: 564,225 shares worth $54.2M.
- Principal Financial Group added most to Idexx Laboratories in Q3 2022, an estimated $222M increase.
- Principal Financial Group's biggest Q3 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $418M.
- Principal Financial Group fully exited Healthcare Realty Trust Incorporated in Q3 2022, selling an estimated $161M.
- Principal Financial Group's ten largest holdings make up 15% of its $126B portfolio in Q3 2022.
- Principal Financial Group opened 120 new positions and closed 136 in Q3 2022.
- Principal Financial Group's portfolio value fell 6.9% quarter-over-quarter to $126B.
Based on Principal Financial Group's 13F filing for Q3 2022, filed 9 Nov 2022.