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 | |
|---|---|---|---|---|---|---|
1226
eHealth
EHTH
$41.3M
| $13.4M | 0.01% |
183,737
-1,011
| -0.5% | -$64.6K |
|
1227
New Jersey Resources
NJR
$5.63B
| $13.3M | 0.01% |
334,077
+49,022
| +17% | +$1.87M |
|
1228
Nektar Therapeutics
NKTR
$2.48B
| $13.3M | 0.01% |
44,384
+6,514
| +17% | +$2.03M |
|
|
UMPQ
1229
DELISTED
Umpqua Holdings Corp
UMPQ
| $13.3M | 0.01% |
758,087
+105,685
| +16% | +$1.79M |
|
1230
Brighthouse Financial
BHF
$3.55B
| $13.3M | 0.01% |
300,514
+40,761
| +16% | +$1.67M |
|
|
GLUU
1231
DELISTED
Glu Mobile Inc.
GLUU
| $13.3M | 0.01% |
1,065,282
+10,743
| +1% | +$120K |
|
1232
NBT Bancorp
NBTB
$2.76B
| $13.3M | 0.01% |
333,116
+2,007
| +0.6% | +$73.8K |
|
1233
Iovance Biotherapeutics
IOVA
$2.67B
| $13.3M | 0.01% |
418,872
+37,419
| +10% | +$1.55M |
|
1234
Iron Mountain
IRM
$36.7B
| $13.2M | 0.01% |
357,140
-29,954
| -8% | -$1M |
|
1235
Knowles
KN
$3.42B
| $13.2M | 0.01% |
630,441
-201
| -0% | -$4.09K |
|
|
PMT
1236
PennyMac Mortgage Investment
PMT
$817M
| $13.2M | 0.01% |
672,894
-6,692
| -1% | -$124K |
|
|
CORE
1237
DELISTED
Core Mark Holding Co., Inc.
CORE
| $13.2M | 0.01% |
340,579
+1,413
| +0.4% | +$48.8K |
|
1238
Community Health Systems
CYH
$410M
| $13.2M | 0.01% |
974,242
+74,177
| +8% | +$729K |
|
1239
Murphy USA
MUSA
$9.68B
| $13.1M | 0.01% |
90,898
+6,953
| +8% | +$899K |
|
1240
Koppers
KOP
$962M
| $13.1M | 0.01% |
377,603
-83,301
| -18% | -$2.92M |
|
1241
Assurant
AIZ
$14.7B
| $13.1M | 0.01% |
92,330
+14,828
| +19% | +$2M |
|
|
ROIC
1242
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $13.1M | 0.01% |
823,651
+11,874
| +1% | +$182K |
|
|
DISCK
1243
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $13M | 0.01% |
352,873
-33,580
| -9% | -$1.42M |
|
1244
Eagle Bancorp
EGBN
$852M
| $13M | 0.01% |
243,900
-1,351
| -0.6% | -$65.6K |
|
1245
iShares MSCI India ETF
INDA
$6.62B
| $12.9M | 0.01% |
305,905
-10,357
| -3% | -$435K |
|
|
VSTO
1246
DELISTED
Vista Outdoor Inc.
VSTO
| $12.9M | 0.01% |
400,859
+247
| +0.1% | +$7.66K |
|
1247
Granite Construction
GVA
$5.41B
| $12.8M | 0.01% |
319,215
-2,324
| -0.7% | -$80.4K |
|
|
ELME
1248
Elme Communities
ELME
$145M
| $12.8M | 0.01% |
581,176
+14,524
| +3% | +$332K |
|
|
BHVN
1249
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $12.8M | 0.01% |
187,870
+158,523
| +540% | +$12.8M |
|
1250
Custom Truck One Source
CTOS
$2.5B
| $12.8M | 0.01% |
1,371,923
+55,917
| +4% | +$456K |
|
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.