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 |
Brookfield
BN
|
+$274M |
| 2 |
Visa
V
|
+$215M |
| 3 |
Toronto Dominion Bank
TD
|
+$209M |
| 4 |
Canadian National Railway
CNI
|
+$206M |
| 5 |
HEICO Corp Class A
HEI.A
|
+$199M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$423M |
| 2 |
NVIDIA
NVDA
|
+$253M |
| 3 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$245M |
| 4 |
Invitation Homes
INVH
|
+$236M |
| 5 |
Mettler-Toledo International
MTD
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.55% |
| 2 | Real Estate | 17.45% |
| 3 | Financials | 14.34% |
| 4 | Consumer Discretionary | 11.05% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PACCAR
PCAR
$69.7B
| $330M | 0.21% |
5,625,275
+99,242
| +2% | +$6.06M |
|
|
127
Mettler-Toledo International
MTD
$29B
| $327M | 0.21% |
238,345
-120,696
| -34% | -$174M |
|
128
Parker-Hannifin
PH
$124B
| $324M | 0.2% |
1,140,305
+49,324
| +5% | +$14.9M |
|
129
Linde
LIN
$221B
| $324M | 0.2% |
1,012,596
-1,768
| -0.2% | -$547K |
|
130
BCE
BCE
$20.2B
| $317M | 0.2% |
5,721,295
+128,500
| +2% | +$6.81M |
|
131
WIX.com
WIX
$2.41B
| $317M | 0.2% |
3,034,815
+98,462
| +3% | +$10.7M |
|
132
S&P Global
SPGI
$121B
| $314M | 0.2% |
765,023
+109,646
| +17% | +$44.7M |
|
133
Cisco
CSCO
$453B
| $310M | 0.2% |
5,559,102
-122,353
| -2% | -$6.92M |
|
134
Arch Capital
ACGL
$34.3B
| $310M | 0.2% |
6,398,397
+2,184
| +0% | +$102K |
|
135
Etsy
ETSY
$7.92B
| $305M | 0.19% |
2,452,354
+120,910
| +5% | +$18M |
|
136
Accenture
ACN
$102B
| $302M | 0.19% |
896,425
-25,719
| -3% | -$8.67M |
|
137
Zoetis
ZTS
$32.6B
| $302M | 0.19% |
1,602,945
+354,224
| +28% | +$70M |
|
138
Walmart Inc
WMT
$881B
| $299M | 0.19% |
6,032,007
-189,432
| -3% | -$8.89M |
|
139
Marriott Vacations Worldwide
VAC
$3.37B
| $293M | 0.18% |
1,856,466
+60,017
| +3% | +$9.65M |
|
140
Hormel Foods
HRL
$13.8B
| $291M | 0.18% |
5,654,799
+42,929
| +0.8% | +$2.1M |
|
141
Corteva
CTVA
$51.7B
| $286M | 0.18% |
4,981,607
-798,526
| -14% | -$40.8M |
|
142
Aon
AON
$75.8B
| $285M | 0.18% |
873,986
-778
| -0.1% | -$226K |
|
143
Marathon Petroleum
MPC
$91.1B
| $282M | 0.18% |
3,292,865
+222,994
| +7% | +$17M |
|
144
Broadstone Net Lease
BNL
$4.06B
| $280M | 0.18% |
12,867,003
+1,071,012
| +9% | +$23.9M |
|
145
Simon Property Group
SPG
$74B
| $275M | 0.17% |
2,088,802
+77,614
| +4% | +$11.1M |
|
146
D.R. Horton
DHI
$40.5B
| $274M | 0.17% |
3,680,086
+1,006,745
| +38% | +$87.3M |
|
147
Intel
INTC
$455B
| $269M | 0.17% |
5,432,558
-129,320
| -2% | -$6.41M |
|
148
Target
TGT
$67.9B
| $264M | 0.17% |
1,244,641
+47,037
| +4% | +$10.2M |
|
149
Howard Hughes
HHH
$3.84B
| $256M | 0.16% |
2,587,560
+64,282
| +3% | +$5.93M |
|
150
Sabra Healthcare REIT
SBRA
$5.25B
| $255M | 0.16% |
17,124,112
+256,869
| +2% | +$3.51M |
|
Similar funds
Principal Financial Group's Q1 2022 Portfolio in Review
As of Q1 2022, Principal Financial Group held 2,636 positions worth $159B, down 5.3% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q1 2022 filing shows 113 new, 868 increased, 1,537 reduced and 97 closed positions. Its largest new stake was Toronto Dominion Bank: 2,598,948 shares worth $206M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $423M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2022 buy was Toronto Dominion Bank: 2,598,948 shares worth $206M.
- Principal Financial Group added most to Brookfield in Q1 2022, an estimated $274M increase.
- Principal Financial Group's biggest Q1 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $423M.
- Principal Financial Group fully exited Sterling Bancorp in Q1 2022, selling an estimated $93.8M.
- Principal Financial Group's ten largest holdings make up 15% of its $159B portfolio in Q1 2022.
- Principal Financial Group opened 113 new positions and closed 97 in Q1 2022.
- Principal Financial Group's portfolio value fell 5.3% quarter-over-quarter to $159B.
Based on Principal Financial Group's 13F filing for Q1 2022, filed 9 May 2022.