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 | |
|---|---|---|---|---|---|---|
1501
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $8.45M | 0.01% |
78,374
+19,000
| +32% | +$2.05M |
|
1502
Leggett & Platt
LEG
$1.37B
| $8.44M | 0.01% |
162,921
+2,597
| +2% | +$135K |
|
|
BPFH
1503
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $8.41M | 0.01% |
570,156
+3,601
| +0.6% | +$52.7K |
|
1504
International Bancshares
IBOC
$4.74B
| $8.4M | 0.01% |
195,646
+2,529
| +1% | +$118K |
|
1505
LeMaitre Vascular
LMAT
$2.37B
| $8.38M | 0.01% |
137,369
+8,040
| +6% | +$427K |
|
1506
LendingTree
TREE
$448M
| $8.35M | 0.01% |
39,392
+1,486
| +4% | +$313K |
|
|
DCH
1507
Dauch Corp
DCH
$1.38B
| $8.33M | 0.01% |
804,849
+14,567
| +2% | +$153K |
|
1508
AngioDynamics
ANGO
$627M
| $8.3M | 0.01% |
305,816
+26,698
| +10% | +$652K |
|
|
WNS
1509
DELISTED
WNS Holdings
WNS
| $8.29M | 0.01% |
103,752
+2,702
| +3% | +$201K |
|
|
INVX
1510
Innovex International
INVX
$1.98B
| $8.29M | 0.01% |
244,964
-20,351
| -8% | -$684K |
|
1511
Moderna
MRNA
$22B
| $8.27M | 0.01% |
35,171
-60,326
| -63% | -$10.8M |
|
1512
VanEck High Yield Muni ETF
HYD
$4.42B
| $8.26M | 0.01% |
129,857
+109,459
| +537% | +$6.88M |
|
1513
Benchmark Electronics
BHE
$2.91B
| $8.24M | 0.01% |
289,386
+39,707
| +16% | +$1.2M |
|
1514
Moelis & Co
MC
$5.08B
| $8.23M | 0.01% |
144,732
+133,461
| +1,184% | +$7.25M |
|
1515
Transocean
RIG
$5.7B
| $8.22M | 0.01% |
1,818,779
+1,759,702
| +2,979% | +$6.68M |
|
|
DBD
1516
DELISTED
Diebold Nixdorf Incorporated
DBD
| $8.21M | 0.01% |
639,236
+33,786
| +6% | +$463K |
|
1517
Apollo Global Management
APO
$74.6B
| $8.2M | 0.01% |
131,795
+35,150
| +36% | +$1.95M |
|
1518
Southside Bancshares
SBSI
$972M
| $8.19M | 0.01% |
214,226
+334
| +0.2% | +$13.6K |
|
1519
Ecopetrol
EC
$34.1B
| $8.19M | 0.01% |
560,049
+70,913
| +14% | +$905K |
|
|
ECOL
1520
DELISTED
US Ecology, Inc.
ECOL
| $8.18M | 0.01% |
217,921
+1,418
| +0.7% | +$57.2K |
|
|
GRA
1521
DELISTED
W.R. Grace & Co.
GRA
| $8.16M | 0.01% |
118,051
+44,177
| +60% | +$2.97M |
|
1522
ePlus
PLUS
$2.45B
| $8.11M | 0.01% |
187,008
-3,892
| -2% | -$186K |
|
|
TRHC
1523
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $8.1M | 0.01% |
162,003
+3,052
| +2% | +$137K |
|
|
BRKL
1524
DELISTED
Brookline Bancorp
BRKL
| $8.1M | 0.01% |
541,505
+4,436
| +0.8% | +$71K |
|
1525
Agilysys
AGYS
$3.09B
| $8.09M | 0.01% |
142,183
+2,461
| +2% | +$127K |
|
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.