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 |
Digital Realty Trust
DLR
|
+$405M |
| 2 |
Brookfield Asset Management
BAM
|
+$375M |
| 3 |
Gaming and Leisure Properties
GLPI
|
+$239M |
| 4 |
Welltower
WELL
|
+$218M |
| 5 |
American Tower
AMT
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STOR
STORE Capital Corporation
STOR
|
+$364M |
| 2 |
Brookfield
BN
|
+$235M |
| 3 |
Equinix
EQIX
|
+$232M |
| 4 |
Guidewire Software
GWRE
|
+$191M |
| 5 |
Liberty Broadband Class C
LBRDK
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.55% |
| 2 | Technology | 15.79% |
| 3 | Financials | 15.77% |
| 4 | Industrials | 10.84% |
| 5 | Consumer Discretionary | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
NeoGenomics
NEO
$2B
| $7.31M | 0.01% |
791,318
+2,464
| +0.3% | +$23K |
|
1402
XPEL
XPEL
$1.31B
| $7.27M | 0.01% |
121,102
-806
| -0.7% | -$51.5K |
|
1403
HNI Corp
HNI
$3.53B
| $7.25M | 0.01% |
254,858
-6,033
| -2% | -$172K |
|
|
B
1404
Barrick Mining
B
$69.3B
| $7.21M | 0.01% |
420,985
-2,700
| -0.6% | -$43K |
|
1405
Payoneer
PAYO
$2.4B
| $7.2M | 0.01% |
1,316,217
+1,284,702
| +4,076% | +$8.06M |
|
|
MODV
1406
DELISTED
ModivCare
MODV
| $7.19M | 0.01% |
80,110
-159
| -0.2% | -$14.2K |
|
1407
Employers Holdings
EIG
$908M
| $7.17M | 0.01% |
166,193
-2,207
| -1% | -$90.9K |
|
1408
Tennant Co
TNC
$1.31B
| $7.15M | 0.01% |
116,206
-1,280
| -1% | -$78.2K |
|
|
JWN
1409
DELISTED
Nordstrom
JWN
| $7.11M | 0.01% |
440,258
+1,359
| +0.3% | +$26K |
|
1410
Alaska Air
ALK
$5.66B
| $7.1M | 0.01% |
165,370
+3,590
| +2% | +$158K |
|
1411
Stewart Information Services
STC
$2.09B
| $7.09M | 0.01% |
165,830
-10,699
| -6% | -$448K |
|
1412
Heritage Financial
HFWA
$1.21B
| $7.03M | 0.01% |
229,294
+12,652
| +6% | +$396K |
|
1413
Mativ Holdings
MATV
$644M
| $7.02M | 0.01% |
335,857
-944
| -0.3% | -$20.5K |
|
1414
Xerox
XRX
$424M
| $7M | 0.01% |
479,188
-29,226
| -6% | -$441K |
|
1415
Upbound Group
UPBD
$1.14B
| $6.96M | 0.01% |
308,835
-21,436
| -6% | -$459K |
|
1416
Lazard
LAZ
$4.22B
| $6.94M | 0.01% |
200,035
-2,715
| -1% | -$96.5K |
|
|
PGTI
1417
DELISTED
PGT, Inc.
PGTI
| $6.93M | 0.01% |
385,806
+13,736
| +4% | +$280K |
|
1418
Abercrombie & Fitch
ANF
$4.91B
| $6.92M | 0.01% |
302,137
-8,384
| -3% | -$165K |
|
1419
Ligand Pharmaceuticals
LGND
$6.02B
| $6.92M | 0.01% |
103,569
-60,456
| -37% | -$3.93M |
|
1420
Ralph Lauren
RL
$23.6B
| $6.92M | 0.01% |
65,460
+8,876
| +16% | +$889K |
|
1421
Under Armour Class C
UA
$2.67B
| $6.89M | 0.01% |
772,976
-5,525
| -0.7% | -$42K |
|
1422
Triumph Financial Inc
TFIN
$1.81B
| $6.89M | 0.01% |
141,044
-1,008
| -0.7% | -$54.5K |
|
1423
Capitol Federal Financial
CFFN
$1.11B
| $6.83M | 0.01% |
789,145
-7,356
| -0.9% | -$60.8K |
|
1424
Arcus Biosciences
RCUS
$3.56B
| $6.8M | 0.01% |
329,007
-12,199
| -4% | -$336K |
|
|
SILK
1425
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $6.79M | 0.01% |
128,433
+114,561
| +826% | +$5.58M |
|
Similar funds
Principal Financial Group's Q4 2022 Portfolio in Review
As of Q4 2022, Principal Financial Group held 2,612 positions worth $133B, up 5.5% from $126B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q4 2022 filing shows 120 new, 875 increased, 1,421 reduced and 175 closed positions. Its largest new stake was Brookfield Asset Management: 12,455,054 shares worth $357M. The largest sale was STORE Capital Corporation, an estimated $364M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q4 2022 buy was Brookfield Asset Management: 12,455,054 shares worth $357M.
- Principal Financial Group added most to Digital Realty Trust in Q4 2022, an estimated $405M increase.
- Principal Financial Group's biggest Q4 2022 reduction was STORE Capital Corporation, cutting an estimated $364M.
- Principal Financial Group fully exited Petrobras in Q4 2022, selling an estimated $59M.
- Principal Financial Group's ten largest holdings make up 14% of its $133B portfolio in Q4 2022.
- Principal Financial Group opened 120 new positions and closed 175 in Q4 2022.
- Principal Financial Group's portfolio value rose 5.5% quarter-over-quarter to $133B.
Based on Principal Financial Group's 13F filing for Q4 2022, filed 9 Feb 2023.