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 | |
|---|---|---|---|---|---|---|
|
BBT
1351
Beacon Financial Corp
BBT
$2.69B
| $11.6M | 0.01% |
424,330
+4,194
| +1% | +$106K |
|
1352
Nektar Therapeutics
NKTR
$2.38B
| $11.6M | 0.01% |
45,044
+660
| +1% | +$183K |
|
1353
Park National Corp
PRK
$3.75B
| $11.5M | 0.01% |
98,359
+807
| +0.8% | +$102K |
|
1354
Fulgent Genetics
FLGT
$500M
| $11.5M | 0.01% |
125,010
-3,806
| -3% | -$304K |
|
1355
iShares MSCI World ETF
URTH
$8.09B
| $11.5M | 0.01% |
91,086
+47,904
| +111% | +$5.96M |
|
1356
Pinnacle West Capital
PNW
$12.2B
| $11.5M | 0.01% |
140,236
+3,542
| +3% | +$299K |
|
|
SIX
1357
DELISTED
Six Flags Entertainment Corp.
SIX
| $11.5M | 0.01% |
265,284
-105,386
| -28% | -$4.75M |
|
|
LMNX
1358
DELISTED
Luminex Corp
LMNX
| $11.5M | 0.01% |
311,661
-62,110
| -17% | -$2.26M |
|
|
NXRT
1359
NexPoint Residential Trust
NXRT
$660M
| $11.4M | 0.01% |
207,954
+28,597
| +16% | +$1.47M |
|
1360
Enviri
NVRI
$651M
| $11.4M | 0.01% |
558,194
+15,744
| +3% | +$325K |
|
1361
FIVE9
FIVN
$2.22B
| $11.4M | 0.01% |
62,057
+2,249
| +4% | +$388K |
|
1362
Minerals Technologies
MTX
$2.33B
| $11.4M | 0.01% |
144,660
+11,524
| +9% | +$932K |
|
1363
Enerpac Tool Group
EPAC
$1.85B
| $11.3M | 0.01% |
425,412
+5,307
| +1% | +$142K |
|
|
CTRA
1364
DELISTED
Coterra Energy
CTRA
| $11.2M | 0.01% |
643,921
+26,628
| +4% | +$453K |
|
1365
Franklin Resources
BEN
$18.3B
| $11.2M | 0.01% |
351,413
+9,686
| +3% | +$314K |
|
1366
LiveRamp
RAMP
$2.3B
| $11.2M | 0.01% |
239,951
+1,883
| +0.8% | +$90.5K |
|
1367
Sturm, Ruger & Co
RGR
$616M
| $11.2M | 0.01% |
124,470
+478
| +0.4% | +$35.8K |
|
1368
Northwest Natural Holdings
NWN
$2.06B
| $11.1M | 0.01% |
212,101
+1,735
| +0.8% | +$93.8K |
|
1369
Enova International
ENVA
$6.44B
| $11.1M | 0.01% |
325,194
+75,777
| +30% | +$2.67M |
|
1370
NETGEAR
NTGR
$648M
| $11.1M | 0.01% |
289,112
+78,790
| +37% | +$3.06M |
|
|
ALEX
1371
DELISTED
Alexander & Baldwin
ALEX
| $11.1M | 0.01% |
604,401
+38,496
| +7% | +$709K |
|
1372
Globe Life
GL
$14.3B
| $11.1M | 0.01% |
116,049
-16,472
| -12% | -$1.69M |
|
1373
Veeco
VECO
$3.11B
| $11M | 0.01% |
459,419
+117,662
| +34% | +$2.7M |
|
1374
MACOM Technology Solutions
MTSI
$19.5B
| $11M | 0.01% |
172,228
-147,242
| -46% | -$8.55M |
|
1375
FirstCash
FCFS
$9.08B
| $11M | 0.01% |
144,170
-2,805
| -2% | -$212K |
|
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.