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 |
Microsoft
MSFT
|
+$364M |
| 2 |
Moody's
MCO
|
+$313M |
| 3 |
VICI Properties
VICI
|
+$247M |
| 4 |
Progressive
PGR
|
+$240M |
| 5 |
Amazon
AMZN
|
+$197M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$251M |
| 2 |
Etsy
ETSY
|
+$209M |
| 3 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$202M |
| 4 |
Healthcare Realty
HR
|
+$191M |
| 5 |
PayPal
PYPL
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.6% |
| 2 | Technology | 16.41% |
| 3 | Financials | 14.71% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
HubSpot
HUBS
$12.3B
| $8.38M | 0.01% |
27,883
-131,315
| -82% | -$48M |
|
1352
Griffon
GFF
$4.1B
| $8.36M | 0.01% |
298,310
-36,082
| -11% | -$910K |
|
1353
CoreCivic
CXW
$3B
| $8.34M | 0.01% |
750,435
-43,603
| -5% | -$527K |
|
|
UCTT
1354
Ultra Clean Holdings
UCTT
$4B
| $8.33M | 0.01% |
279,896
-24,507
| -8% | -$795K |
|
1355
City Holding Co
CHCO
$2.05B
| $8.33M | 0.01% |
104,275
-8,952
| -8% | -$708K |
|
1356
Cohu
COHU
$2.31B
| $8.33M | 0.01% |
300,104
-29,384
| -9% | -$811K |
|
|
DAY
1357
DELISTED
Dayforce
DAY
| $8.32M | 0.01% |
176,798
+5,907
| +3% | +$328K |
|
1358
Carpenter Technology
CRS
$27B
| $8.31M | 0.01% |
297,719
-20,680
| -6% | -$735K |
|
1359
Photronics
PLAB
$1.85B
| $8.3M | 0.01% |
426,155
+18,969
| +5% | +$332K |
|
|
OLK
1360
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $8.3M | 0.01% |
546,093
+77,488
| +17% | +$1.01M |
|
1361
Hain Celestial
HAIN
$45.5M
| $8.28M | 0.01% |
348,611
-5,611
| -2% | -$160K |
|
1362
Extreme Networks
EXTR
$3.92B
| $8.27M | 0.01% |
927,193
-28,890
| -3% | -$294K |
|
1363
International Bancshares
IBOC
$4.74B
| $8.27M | 0.01% |
206,292
+30,458
| +17% | +$1.24M |
|
1364
Pathward Financial
CASH
$1.92B
| $8.22M | 0.01% |
212,657
-13,948
| -6% | -$594K |
|
1365
Hilltop Holdings
HTH
$2.28B
| $8.2M | 0.01% |
307,497
-209,093
| -40% | -$5.96M |
|
|
ODP
1366
DELISTED
ODP
ODP
| $8.17M | 0.01% |
270,155
-32,783
| -11% | -$1.32M |
|
1367
Bath & Body Works
BBWI
$4.23B
| $8.16M | 0.01% |
303,138
-14,899
| -5% | -$647K |
|
1368
Protolabs
PRLB
$1.92B
| $8.13M | 0.01% |
170,031
-11,964
| -7% | -$555K |
|
1369
Mohawk Industries
MHK
$9.01B
| $8.11M | 0.01% |
65,357
-3,196
| -5% | -$424K |
|
|
AXNX
1370
DELISTED
Axonics, Inc. Common Stock
AXNX
| $8.07M | 0.01% |
142,404
+41,908
| +42% | +$2.3M |
|
1371
Navient
NAVI
$830M
| $8.02M | 0.01% |
573,083
-232,165
| -29% | -$3.61M |
|
|
PXUS
1372
DELISTED
Principal International Adaptive Multi-Factor ETF
PXUS
| $7.9M | 0.01% |
390,001
| – | – |
|
1373
Koppers
KOP
$976M
| $7.89M | 0.01% |
348,757
-20,256
| -5% | -$513K |
|
|
PRA
1374
DELISTED
ProAssurance
PRA
| $7.89M | 0.01% |
333,852
-22,780
| -6% | -$534K |
|
1375
Kaiser Aluminum
KALU
$2.68B
| $7.89M | 0.01% |
99,711
-12,953
| -11% | -$1.21M |
|
Similar funds
Principal Financial Group's Q2 2022 Portfolio in Review
As of Q2 2022, Principal Financial Group held 2,734 positions worth $135B, down 15% from $159B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q2 2022 filing shows 195 new, 1,135 increased, 1,153 reduced and 225 closed positions. Its largest new stake was ESAB: 862,950 shares worth $37.8M. The largest sale was Salesforce, an estimated $251M.
By sector, the portfolio is most concentrated in Real Estate at 18% of assets, up from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q2 2022 buy was ESAB: 862,950 shares worth $37.8M.
- Principal Financial Group added most to Microsoft in Q2 2022, an estimated $364M increase.
- Principal Financial Group's biggest Q2 2022 reduction was Salesforce, cutting an estimated $251M.
- Principal Financial Group fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $202M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q2 2022.
- Principal Financial Group opened 195 new positions and closed 225 in Q2 2022.
- Principal Financial Group's portfolio value fell 15% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q2 2022, filed 10 Aug 2022.