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 | |
|---|---|---|---|---|---|---|
1376
Urban Edge Properties
UE
$2.85B
| $11M | 0.01% |
576,446
+194,016
| +51% | +$3.66M |
|
1377
GATX Corp
GATX
$6.4B
| $11M | 0.01% |
124,350
+2,541
| +2% | +$244K |
|
1378
Associated Banc-Corp
ASB
$5.93B
| $11M | 0.01% |
536,655
-223,799
| -29% | -$4.94M |
|
|
POLY
1379
DELISTED
Plantronics, Inc.
POLY
| $11M | 0.01% |
263,389
+5,314
| +2% | +$199K |
|
1380
Kimco Realty
KIM
$17.1B
| $11M | 0.01% |
527,117
-57,321
| -10% | -$1.19M |
|
1381
AZZ Inc
AZZ
$4.48B
| $11M | 0.01% |
211,931
+17,453
| +9% | +$918K |
|
|
RCM
1382
DELISTED
R1 RCM Inc. Common Stock
RCM
| $10.9M | 0.01% |
491,476
-375,001
| -43% | -$9.05M |
|
1383
Academy Sports + Outdoors
ASO
$3.01B
| $10.9M | 0.01% |
+263,986
| New | +$9.25M |
|
|
CNH
1384
CNH Industrial
CNH
$13.4B
| $10.9M | 0.01% |
747,033
-609,555
| -45% | -$8.7M |
|
|
TRTN
1385
DELISTED
Triton International Limited
TRTN
| $10.9M | 0.01% |
207,660
-578,335
| -74% | -$30.6M |
|
|
DISCK
1386
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $10.9M | 0.01% |
374,729
+21,856
| +6% | +$679K |
|
1387
Materion
MTRN
$4.45B
| $10.8M | 0.01% |
143,754
+4,022
| +3% | +$298K |
|
|
WIRE
1388
DELISTED
Encore Wire Corp
WIRE
| $10.8M | 0.01% |
142,871
+1,072
| +0.8% | +$82.5K |
|
1389
Dine Brands
DIN
$458M
| $10.8M | 0.01% |
121,299
+6,899
| +6% | +$638K |
|
1390
NBT Bancorp
NBTB
$2.75B
| $10.8M | 0.01% |
300,647
-32,469
| -10% | -$1.25M |
|
|
FLNA
1391
Filana Therapeutics
FLNA
$49.8M
| $10.8M | 0.01% |
126,490
+121,876
| +2,641% | +$6.53M |
|
1392
Westamerica Bancorp
WABC
$1.39B
| $10.8M | 0.01% |
185,870
+1,622
| +0.9% | +$101K |
|
1393
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.6B
| $10.8M | 0.01% |
130,000
-25,000
| -16% | -$2.07M |
|
1394
Horace Mann Educators
HMN
$2.09B
| $10.7M | 0.01% |
287,211
+2,512
| +0.9% | +$100K |
|
|
LADR
1395
Ladder Capital
LADR
$1.23B
| $10.7M | 0.01% |
931,116
-69,376
| -7% | -$814K |
|
1396
Columbia Sportswear
COLM
$3B
| $10.7M | 0.01% |
109,207
+4,299
| +4% | +$451K |
|
1397
NorthWestern Energy
NWE
$4.24B
| $10.7M | 0.01% |
178,036
-63,540
| -26% | -$4.14M |
|
1398
Alamo Group
ALG
$1.99B
| $10.7M | 0.01% |
70,063
+303
| +0.4% | +$47K |
|
1399
Capitol Federal Financial
CFFN
$1.12B
| $10.7M | 0.01% |
907,709
+7,149
| +0.8% | +$91.7K |
|
1400
DaVita
DVA
$15B
| $10.7M | 0.01% |
88,610
+90
| +0.1% | +$10.7K |
|
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.