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 |
iShares Core S&P 500 ETF
IVV
|
+$154M |
| 2 |
Gaming and Leisure Properties
GLPI
|
+$122M |
| 3 |
Boston Properties
BXP
|
+$112M |
| 4 |
iShares MBS ETF
MBB
|
+$90.3M |
| 5 |
Brookfield
BN
|
+$75.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FRC
First Republic Bank
FRC
|
+$273M |
| 2 |
TransDigm Group
TDG
|
+$208M |
| 3 |
Toronto Dominion Bank
TD
|
+$153M |
| 4 |
MPT
Medical Properties Trust
MPT
|
+$135M |
| 5 |
Credit Acceptance
CACC
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.56% |
| 2 | Real Estate | 15.87% |
| 3 | Financials | 14.95% |
| 4 | Consumer Discretionary | 11.17% |
| 5 | Industrials | 11.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Hawkins
HWKN
$2.71B
| $5.01M | ﹤0.01% |
114,517
-1,907
| -2% | -$77.2K |
|
1527
Tootsie Roll Industries
TR
$2.98B
| $5.01M | ﹤0.01% |
121,782
-2,700
| -2% | -$108K |
|
|
CSR
1528
Centerspace
CSR
$952M
| $4.97M | ﹤0.01% |
90,986
-1,010
| -1% | -$62.3K |
|
|
BDN
1529
Brandywine Realty Trust
BDN
$554M
| $4.97M | ﹤0.01% |
1,050,218
-11,534
| -1% | -$67.7K |
|
1530
QuinStreet
QNST
$1.21B
| $4.96M | ﹤0.01% |
312,430
-4,085
| -1% | -$64.6K |
|
|
ROCC
1531
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $4.92M | ﹤0.01% |
120,591
-3,750
| -3% | -$154K |
|
1532
uniQure
QURE
$3.22B
| $4.92M | ﹤0.01% |
244,189
-4,619
| -2% | -$96.9K |
|
1533
Enanta Pharmaceuticals
ENTA
$400M
| $4.92M | ﹤0.01% |
121,603
-795
| -0.6% | -$38K |
|
1534
Phreesia
PHR
$773M
| $4.9M | ﹤0.01% |
+151,769
| New | +$5.34M |
|
|
RPT
1535
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $4.9M | ﹤0.01% |
515,181
-5,325
| -1% | -$53.6K |
|
|
HIBB
1536
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.87M | ﹤0.01% |
82,537
-2,346
| -3% | -$158K |
|
1537
Green Dot
GDOT
$745M
| $4.86M | ﹤0.01% |
282,999
-3,369
| -1% | -$58.9K |
|
|
AHRT
1538
AH Realty Trust
AHRT
$517M
| $4.84M | ﹤0.01% |
409,676
-4,551
| -1% | -$55.9K |
|
|
PLRG
1539
DELISTED
Principal U.S. Large-Cap Adaptive Multi-Factor ETF
PLRG
| $4.82M | ﹤0.01% |
198,571
| – | – |
|
1540
Heritage Financial
HFWA
$1.21B
| $4.82M | ﹤0.01% |
225,065
-4,229
| -2% | -$114K |
|
1541
Thomson Reuters
TRI
$44.1B
| $4.82M | ﹤0.01% |
35,175
+651
| +2% | +$83K |
|
1542
Scansource
SCSC
$1.12B
| $4.75M | ﹤0.01% |
155,951
-1,833
| -1% | -$56.9K |
|
1543
SunCoke Energy
SXC
$797M
| $4.74M | ﹤0.01% |
527,579
-11,267
| -2% | -$103K |
|
1544
Myers Industries
MYE
$1.29B
| $4.73M | ﹤0.01% |
220,815
-4,784
| -2% | -$109K |
|
1545
Vanguard Russell 1000 Growth ETF
VONG
$45B
| $4.73M | ﹤0.01% |
75,226
-3,100
| -4% | -$184K |
|
|
LBAI
1546
DELISTED
Lakeland Bancorp Inc
LBAI
| $4.7M | ﹤0.01% |
300,587
+7,303
| +2% | +$133K |
|
|
SPWR
1547
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.68M | ﹤0.01% |
338,237
+1,734
| +0.5% | +$27.2K |
|
1548
James River Group Holdings
JRVR
$217M
| $4.68M | ﹤0.01% |
226,555
-2,134
| -0.9% | -$47K |
|
|
EFC
1549
Ellington Financial
EFC
$1.71B
| $4.66M | ﹤0.01% |
381,734
+30,889
| +9% | +$398K |
|
1550
Metallus
MTUS
$898M
| $4.64M | ﹤0.01% |
253,215
-4,697
| -2% | -$87.7K |
|
Similar funds
Principal Financial Group's Q1 2023 Portfolio in Review
As of Q1 2023, Principal Financial Group held 2,542 positions worth $140B, up 5.3% from $133B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q1 2023 filing shows 105 new, 1,088 increased, 1,245 reduced and 79 closed positions. Its largest new stake was National Health Investors: 1,082,334 shares worth $55.8M. The largest sale was First Republic Bank, an estimated $273M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2023 buy was National Health Investors: 1,082,334 shares worth $55.8M.
- Principal Financial Group added most to iShares Core S&P 500 ETF in Q1 2023, an estimated $154M increase.
- Principal Financial Group's biggest Q1 2023 reduction was First Republic Bank, cutting an estimated $273M.
- Principal Financial Group fully exited STORE Capital Corporation in Q1 2023, selling an estimated $62.5M.
- Principal Financial Group's ten largest holdings make up 15% of its $140B portfolio in Q1 2023.
- Principal Financial Group opened 105 new positions and closed 79 in Q1 2023.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $140B.
Based on Principal Financial Group's 13F filing for Q1 2023, filed 9 May 2023.