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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$1.5B |
| 2 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$1.16B |
| 3 |
Principal Investment Grade Corporate Active ETF
IG
|
+$462M |
| 4 |
Principal Active High Yield ETF
YLD
|
+$198M |
| 5 |
Ventas
VTR
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COR
Coresite Realty Corporation
COR
|
+$276M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$197M |
| 3 |
Credit Acceptance
CACC
|
+$183M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$181M |
| 5 |
S&P Global
SPGI
|
+$132M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.23% |
| 2 | Real Estate | 17.07% |
| 3 | Financials | 13.47% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Healthcare | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Comcast
CMCSA
$85B
| $442M | 0.26% |
8,777,123
-147,254
| -2% | -$7.67M |
|
102
Regency Centers
REG
$14.7B
| $434M | 0.26% |
5,771,784
-20,904
| -0.4% | -$1.51M |
|
103
Air Products & Chemicals
APD
$65.7B
| $433M | 0.26% |
1,427,903
+4,428
| +0.3% | +$1.3M |
|
104
Kilroy Realty
KRC
$4.52B
| $431M | 0.26% |
6,489,461
+215,712
| +3% | +$14.7M |
|
105
Charter Communications
CHTR
$17.3B
| $428M | 0.26% |
652,656
-17,772
| -3% | -$12.1M |
|
106
Union Pacific
UNP
$174B
| $411M | 0.25% |
1,633,684
-19,751
| -1% | -$4.68M |
|
107
Agree Realty
ADC
$9.34B
| $410M | 0.25% |
5,762,579
+155,270
| +3% | +$10.8M |
|
108
Terreno Realty
TRNO
$7.57B
| $406M | 0.24% |
4,811,092
+119,871
| +3% | +$9.02M |
|
109
Gartner
IT
$10.1B
| $406M | 0.24% |
1,220,310
-124,181
| -9% | -$39.9M |
|
110
Medtronic
MDT
$109B
| $406M | 0.24% |
3,918,456
+39,625
| +1% | +$4.59M |
|
111
Digital Realty Trust
DLR
$69.7B
| $404M | 0.24% |
2,287,756
+95,545
| +4% | +$15.3M |
|
112
Equity Lifestyle Properties
ELS
$12.6B
| $403M | 0.24% |
4,601,447
+11,419
| +0.2% | +$961K |
|
113
Eli Lilly
LLY
$1.02T
| $402M | 0.24% |
1,455,623
+28,315
| +2% | +$7.18M |
|
114
MSCI
MSCI
$41.6B
| $401M | 0.24% |
654,107
-17,350
| -3% | -$10.9M |
|
115
Deere & Co
DE
$160B
| $399M | 0.24% |
1,164,176
-5,485
| -0.5% | -$1.91M |
|
116
Fidelity National Financial
FNF
$13.9B
| $394M | 0.24% |
7,902,171
-191,318
| -2% | -$9.15M |
|
117
Welltower
WELL
$169B
| $392M | 0.23% |
4,572,003
-1,251,273
| -21% | -$104M |
|
118
Moody's
MCO
$82.8B
| $385M | 0.23% |
989,284
-61,526
| -6% | -$23.7M |
|
119
Accenture
ACN
$102B
| $382M | 0.23% |
922,144
-46,708
| -5% | -$17M |
|
120
Walt Disney
DIS
$167B
| $372M | 0.22% |
2,400,899
-35,382
| -1% | -$5.71M |
|
121
PNC Financial Services
PNC
$99.7B
| $371M | 0.22% |
1,852,236
-76,741
| -4% | -$15.6M |
|
|
HR
122
DELISTED
Healthcare Realty Trust Incorporated
HR
| $371M | 0.22% |
11,715,612
+1,614,865
| +16% | +$51.8M |
|
123
PepsiCo
PEP
$190B
| $361M | 0.22% |
2,076,411
-123,297
| -6% | -$20.1M |
|
124
Cisco
CSCO
$457B
| $360M | 0.21% |
5,681,455
-400,695
| -7% | -$22.9M |
|
125
Linde
LIN
$221B
| $350M | 0.21% |
1,014,364
-21,717
| -2% | -$7.04M |
|
Similar funds
Principal Financial Group's Q4 2021 Portfolio in Review
As of Q4 2021, Principal Financial Group held 2,728 positions worth $168B, up 9.3% from $153B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2021 filing shows 154 new, 583 increased, 1,772 reduced and 205 closed positions. Its largest new stake was Principal Investment Grade Corporate Active ETF: 17,450,000 shares worth $459M. The largest sale was Coresite Realty Corporation, an estimated $276M.
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 Q4 2021 buy was Principal Investment Grade Corporate Active ETF: 17,450,000 shares worth $459M.
- Principal Financial Group added most to Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q4 2021, an estimated $1.5B increase.
- Principal Financial Group's biggest Q4 2021 reduction was IHS Markit Ltd. Common Shares, cutting an estimated $197M.
- Principal Financial Group fully exited Coresite Realty Corporation in Q4 2021, selling an estimated $276M.
- Principal Financial Group's ten largest holdings make up 15% of its $168B portfolio in Q4 2021.
- Principal Financial Group opened 154 new positions and closed 205 in Q4 2021.
- Principal Financial Group's portfolio value rose 9.3% quarter-over-quarter to $168B.
Based on Principal Financial Group's 13F filing for Q4 2021, filed 9 Feb 2022.