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 | |
|---|---|---|---|---|---|---|
|
PMT
1251
PennyMac Mortgage Investment
PMT
$816M
| $13.4M | 0.01% |
678,366
-11,820
| -2% | -$232K |
|
|
PDCO
1252
DELISTED
Patterson Companies, Inc.
PDCO
| $13.3M | 0.01% |
442,602
-845
| -0.2% | -$25.6K |
|
1253
Sabre
SABR
$858M
| $13.3M | 0.01% |
1,124,099
+4,134
| +0.4% | +$46.9K |
|
1254
St. Joe Company
JOE
$3.79B
| $13.3M | 0.01% |
315,015
+13,174
| +4% | +$580K |
|
1255
NMI Holdings
NMIH
$3.31B
| $13.2M | 0.01% |
584,893
-17,792
| -3% | -$391K |
|
1256
PRA Group
PRAA
$684M
| $13.2M | 0.01% |
312,825
-9,503
| -3% | -$379K |
|
1257
Amkor Technology
AMKR
$13.5B
| $13.1M | 0.01% |
526,587
-23,484
| -4% | -$599K |
|
1258
Genworth Financial
GNW
$3.76B
| $13.1M | 0.01% |
3,503,148
-59,407
| -2% | -$212K |
|
1259
Kinsale Capital Group
KNSL
$8.5B
| $13.1M | 0.01% |
80,969
+4,675
| +6% | +$811K |
|
1260
Sonos
SONO
$1.83B
| $13.1M | 0.01% |
404,539
-218,898
| -35% | -$7.89M |
|
1261
BorgWarner
BWA
$13.7B
| $13M | 0.01% |
342,903
-33,091
| -9% | -$1.32M |
|
|
SGFY
1262
DELISTED
Signify Health, Inc.
SGFY
| $13M | 0.01% |
729,382
+25,631
| +4% | +$659K |
|
1263
Banner Corp
BANR
$2.4B
| $13M | 0.01% |
235,891
-8,790
| -4% | -$473K |
|
1264
W.R. Berkley
WRB
$26.7B
| $13M | 0.01% |
399,915
+8,793
| +2% | +$290K |
|
|
ODP
1265
DELISTED
ODP
ODP
| $13M | 0.01% |
323,846
-52,259
| -14% | -$2.35M |
|
1266
Brighthouse Financial
BHF
$3.57B
| $13M | 0.01% |
287,274
-11,275
| -4% | -$508K |
|
1267
ACI Worldwide
ACIW
$5.56B
| $13M | 0.01% |
421,725
+1,485
| +0.4% | +$49.3K |
|
1268
Coca-Cola Consolidated
COKE
$12.6B
| $12.9M | 0.01% |
326,890
-2,020
| -0.6% | -$80.4K |
|
1269
FNB Corp
FNB
$6.79B
| $12.8M | 0.01% |
1,104,913
-6,455
| -0.6% | -$74.3K |
|
1270
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $12.8M | 0.01% |
378,249
-10,745
| -3% | -$340K |
|
|
DCT
1271
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $12.8M | 0.01% |
289,037
+5,273
| +2% | +$239K |
|
1272
EPR Properties
EPR
$4.71B
| $12.8M | 0.01% |
258,605
-1,489
| -0.6% | -$75.5K |
|
1273
Haemonetics
HAE
$3.87B
| $12.8M | 0.01% |
180,790
+319
| +0.2% | +$20.1K |
|
|
CVET
1274
DELISTED
Covetrus, Inc. Common Stock
CVET
| $12.8M | 0.01% |
703,479
+1,848
| +0.3% | +$42.4K |
|
|
SVC
1275
Service Properties Trust
SVC
$1.07B
| $12.8M | 0.01% |
227,501
-4,206
| -2% | -$239K |
|
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.