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 | |
|---|---|---|---|---|---|---|
1376
City Holding Co
CHCO
$2.04B
| $10.2M | 0.01% |
124,285
+781
| +0.6% | +$59.5K |
|
1377
Lantheus
LNTH
$6.6B
| $10.1M | 0.01% |
474,435
-2,712
| -0.6% | -$49.2K |
|
1378
Franklin Resources
BEN
$17.3B
| $10.1M | 0.01% |
341,727
-14,389
| -4% | -$393K |
|
1379
S&T Bancorp
STBA
$1.82B
| $10.1M | 0.01% |
301,948
+2,072
| +0.7% | +$61.5K |
|
1380
Fluor
FLR
$6.81B
| $10.1M | 0.01% |
436,560
+73,347
| +20% | +$1.43M |
|
1381
Cal-Maine
CALM
$3.98B
| $10.1M | 0.01% |
262,102
+4,988
| +2% | +$196K |
|
1382
TTM Technologies
TTMI
$14.2B
| $10M | 0.01% |
692,780
+9,884
| +1% | +$140K |
|
1383
Pathward Financial
CASH
$1.86B
| $10M | 0.01% |
221,651
-8,437
| -4% | -$360K |
|
|
POLY
1384
DELISTED
Plantronics, Inc.
POLY
| $10M | 0.01% |
258,075
-130
| -0.1% | -$4.88K |
|
|
DCT
1385
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $10M | 0.01% |
222,452
+123,319
| +124% | +$5.94M |
|
1386
Minerals Technologies
MTX
$2.34B
| $10M | 0.01% |
133,136
+20,077
| +18% | +$1.42M |
|
1387
Core Laboratories
CLB
$513M
| $10M | 0.01% |
348,177
+3,472
| +1% | +$119K |
|
1388
Universal Corp
UVV
$1.27B
| $9.94M | 0.01% |
168,496
-147
| -0.1% | -$7.72K |
|
|
PRA
1389
DELISTED
ProAssurance
PRA
| $9.91M | 0.01% |
370,391
-328
| -0.1% | -$7.59K |
|
|
USI
1390
DELISTED
Principal Ultra-Short Active Income ETF
USI
| $9.91M | 0.01% |
399,681
| – | – |
|
|
CATM
1391
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $9.89M | 0.01% |
255,038
+3,019
| +1% | +$117K |
|
1392
Axcelis
ACLS
$4.2B
| $9.81M | 0.01% |
238,691
+318
| +0.1% | +$11.9K |
|
1393
Rollins
ROL
$17.7B
| $9.8M | 0.01% |
284,823
-74,291
| -21% | -$2.66M |
|
|
FOE
1394
DELISTED
Ferro Corporation
FOE
| $9.8M | 0.01% |
581,319
-1,766
| -0.3% | -$28.2K |
|
1395
AZZ Inc
AZZ
$4.53B
| $9.79M | 0.01% |
194,478
-3,520
| -2% | -$178K |
|
|
MRTX
1396
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $9.72M | 0.01% |
56,743
+32,773
| +137% | +$6.49M |
|
1397
Mirion Technologies
MIR
$3.74B
| $9.7M | 0.01% |
+929,617
| New | +$10.9M |
|
1398
Griffon
GFF
$4.88B
| $9.69M | 0.01% |
356,767
+5,252
| +1% | +$130K |
|
1399
IPG Photonics
IPGP
$3.69B
| $9.68M | 0.01% |
45,889
-928
| -2% | -$211K |
|
1400
FirstCash
FCFS
$8.92B
| $9.65M | 0.01% |
146,975
+16,403
| +13% | +$1.04M |
|
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.