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 |
CoStar Group
CSGP
|
+$486M |
| 2 |
Marriott Vacations Worldwide
VAC
|
+$246M |
| 3 |
Broadstone Net Lease
BNL
|
+$244M |
| 4 |
Tyler Technologies
TYL
|
+$235M |
| 5 |
Equinix
EQIX
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Motorola Solutions
MSI
|
+$309M |
| 2 |
Prologis
PLD
|
+$303M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$300M |
| 4 |
Gartner
IT
|
+$262M |
| 5 |
CBRE Group
CBRE
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.69% |
| 2 | Real Estate | 16% |
| 3 | Financials | 14.93% |
| 4 | Consumer Discretionary | 12.35% |
| 5 | Industrials | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WRI
1276
DELISTED
Weingarten Realty Investors
WRI
| $13.4M | 0.01% |
417,400
-222,489
| -35% | -$7.01M |
|
|
DOCU
1277
DocuSign
DOCU
$10.5B
| $13.3M | 0.01% |
47,645
+25,588
| +116% | +$5.72M |
|
1278
Acadia Realty Trust
AKR
$3.07B
| $13.3M | 0.01% |
606,463
+13,426
| +2% | +$285K |
|
1279
Seacoast Banking Corp of Florida
SBCF
$3.38B
| $13.3M | 0.01% |
388,994
+9,256
| +2% | +$338K |
|
|
SAFM
1280
DELISTED
Sanderson Farms Inc
SAFM
| $13.3M | 0.01% |
70,647
-107
| -0.2% | -$18K |
|
1281
Banner Corp
BANR
$2.4B
| $13.3M | 0.01% |
244,681
-29,121
| -11% | -$1.65M |
|
1282
Coca-Cola Consolidated
COKE
$12B
| $13.2M | 0.01% |
328,910
-130
| -0% | -$4.58K |
|
|
AQUA
1283
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $13.2M | 0.01% |
389,777
+258,962
| +198% | +$7.79M |
|
1284
Invesco
IVZ
$13.6B
| $13.1M | 0.01% |
491,844
+10,211
| +2% | +$278K |
|
1285
Unum
UNM
$14.3B
| $13.1M | 0.01% |
462,381
-238,132
| -34% | -$7M |
|
1286
Buckle
BKE
$2.37B
| $13.1M | 0.01% |
263,595
+66,634
| +34% | +$2.83M |
|
|
CADE
1287
DELISTED
Cadence Bank
CADE
| $13.1M | 0.01% |
461,950
+36,412
| +9% | +$1.1M |
|
1288
Kite Realty
KRG
$5.69B
| $13.1M | 0.01% |
593,984
+14,636
| +3% | +$308K |
|
1289
Amkor Technology
AMKR
$12.6B
| $13M | 0.01% |
550,071
+177,289
| +48% | +$3.95M |
|
1290
TechTarget
TTGT
$323M
| $13M | 0.01% |
167,722
+198
| +0.1% | +$14.2K |
|
1291
Alcoa
AA
$11.8B
| $13M | 0.01% |
352,429
+5,509
| +2% | +$200K |
|
1292
Henry Schein
HSIC
$9.85B
| $13M | 0.01% |
174,672
+1,835
| +1% | +$138K |
|
1293
Mercury Systems
MRCY
$6.35B
| $12.9M | 0.01% |
195,285
+392
| +0.2% | +$27.1K |
|
1294
W.R. Berkley
WRB
$26.7B
| $12.9M | 0.01% |
391,122
+8,768
| +2% | +$304K |
|
|
TPH
1295
DELISTED
Tri Pointe Homes
TPH
| $12.9M | 0.01% |
602,644
+92,824
| +18% | +$2.13M |
|
1296
Alibaba
BABA
$305B
| $12.9M | 0.01% |
56,941
-71,392
| -56% | -$15.9M |
|
1297
Mercury Insurance
MCY
$5.94B
| $12.9M | 0.01% |
198,462
+24,813
| +14% | +$1.57M |
|
1298
Knowles
KN
$3.2B
| $12.9M | 0.01% |
651,947
+21,506
| +3% | +$438K |
|
|
CMRC
1299
Commerce.com Inc Series 1
CMRC
$262M
| $12.9M | 0.01% |
198,070
+46,124
| +30% | +$2.61M |
|
1300
Koppers
KOP
$976M
| $12.8M | 0.01% |
396,926
+19,323
| +5% | +$652K |
|
Similar funds
Principal Financial Group's Q2 2021 Portfolio in Review
As of Q2 2021, Principal Financial Group held 2,712 positions worth $155B, up 8.9% from $142B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q2 2021 filing shows 231 new, 1,591 increased, 764 reduced and 116 closed positions. Its largest new stake was Lifestance Health: 2,210,167 shares worth $61.6M. The largest sale was Motorola Solutions, an estimated $309M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q2 2021 buy was Lifestance Health: 2,210,167 shares worth $61.6M.
- Principal Financial Group added most to CoStar Group in Q2 2021, an estimated $486M increase.
- Principal Financial Group's biggest Q2 2021 reduction was Motorola Solutions, cutting an estimated $309M.
- Principal Financial Group fully exited New Oriental in Q2 2021, selling an estimated $68.1M.
- Principal Financial Group's ten largest holdings make up 14% of its $155B portfolio in Q2 2021.
- Principal Financial Group opened 231 new positions and closed 116 in Q2 2021.
- Principal Financial Group's portfolio value rose 8.9% quarter-over-quarter to $155B.
Based on Principal Financial Group's 13F filing for Q2 2021, filed 10 Aug 2021.