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 | |
|---|---|---|---|---|---|---|
1476
DaVita
DVA
$14.9B
| $6.23M | ﹤0.01% |
77,926
+967
| +1% | +$97.9K |
|
1477
Deluxe
DLX
$1.23B
| $6.21M | ﹤0.01% |
286,507
-18,806
| -6% | -$479K |
|
1478
AMERISAFE
AMSF
$556M
| $6.2M | ﹤0.01% |
119,278
-8,594
| -7% | -$418K |
|
1479
Under Armour
UAA
$2.9B
| $6.19M | ﹤0.01% |
742,691
+514,798
| +226% | +$6.31M |
|
1480
Apogee Enterprises
APOG
$887M
| $6.19M | ﹤0.01% |
157,745
-23,036
| -13% | -$986K |
|
1481
Enanta Pharmaceuticals
ENTA
$391M
| $6.15M | ﹤0.01% |
130,011
+7,243
| +6% | +$393K |
|
1482
LPL Financial
LPLA
$27.9B
| $6.14M | ﹤0.01% |
33,301
+16,496
| +98% | +$3.13M |
|
1483
PENN Entertainment
PENN
$2.71B
| $6.14M | ﹤0.01% |
201,929
+1,329
| +0.7% | +$44.9K |
|
1484
LivePerson
LPSN
$27.6M
| $6.14M | ﹤0.01% |
28,953
-1,510
| -5% | -$425K |
|
|
DMC
1485
Del Monte Corp
DMC
$1.4B
| $6.1M | ﹤0.01% |
206,543
-13,258
| -6% | -$338K |
|
1486
Under Armour Class C
UA
$2.84B
| $6.06M | ﹤0.01% |
799,782
+538,734
| +206% | +$6.06M |
|
1487
Buckle
BKE
$2.36B
| $6.05M | ﹤0.01% |
218,601
-10,631
| -5% | -$333K |
|
1488
The GEO Group
GEO
$4.17B
| $6.05M | ﹤0.01% |
916,525
-129,069
| -12% | -$858K |
|
1489
Brinker International
EAT
$9.46B
| $6.04M | ﹤0.01% |
274,387
-27,847
| -9% | -$880K |
|
1490
Marcus & Millichap
MMI
$1.17B
| $6.01M | ﹤0.01% |
162,567
-2,560
| -2% | -$111K |
|
|
OPI
1491
DELISTED
Office Properties Income Trust
OPI
| $5.96M | ﹤0.01% |
298,916
-20,816
| -7% | -$450K |
|
|
GTM
1492
ZoomInfo Technologies
GTM
$1.05B
| $5.96M | ﹤0.01% |
179,169
+431
| +0.2% | +$19K |
|
1493
LeMaitre Vascular
LMAT
$2.38B
| $5.94M | ﹤0.01% |
130,349
-11,888
| -8% | -$532K |
|
1494
Pilgrim's Pride
PPC
$6.39B
| $5.94M | ﹤0.01% |
190,119
+29,128
| +18% | +$857K |
|
|
CDMO
1495
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $5.91M | ﹤0.01% |
387,326
-68,331
| -15% | -$1.01M |
|
|
PENG
1496
Penguin Solutions Inc
PENG
$2.95B
| $5.9M | ﹤0.01% |
360,375
-52,135
| -13% | -$1.19M |
|
1497
AMC Global Media
AMCX
$488M
| $5.86M | ﹤0.01% |
201,061
-12,138
| -6% | -$428K |
|
1498
Unitil
UTL
$956M
| $5.82M | ﹤0.01% |
99,163
-15,268
| -13% | -$824K |
|
1499
Matthews International
MATW
$879M
| $5.82M | ﹤0.01% |
203,016
-14,170
| -7% | -$433K |
|
1500
Enova International
ENVA
$6.47B
| $5.8M | ﹤0.01% |
201,098
-61,061
| -23% | -$2.02M |
|
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.