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 | |
|---|---|---|---|---|---|---|
1551
Monarch Casino & Resort
MCRI
$2.24B
| $5.15M | ﹤0.01% |
87,813
+1,173
| +1% | +$82.3K |
|
|
EFC
1552
Ellington Financial
EFC
$1.67B
| $5.14M | ﹤0.01% |
350,499
-10,320
| -3% | -$162K |
|
1553
Quanex
NX
$948M
| $5.08M | ﹤0.01% |
223,393
-17,890
| -7% | -$373K |
|
1554
Unisys
UIS
$222M
| $5.08M | ﹤0.01% |
422,117
-31,439
| -7% | -$443K |
|
1555
Artivion
AORT
$1.3B
| $5.07M | ﹤0.01% |
268,439
+4,551
| +2% | +$87.8K |
|
|
CCRN
1556
DELISTED
Cross Country Healthcare
CCRN
| $5.07M | ﹤0.01% |
243,127
+9,750
| +4% | +$183K |
|
1557
Sonic Automotive
SAH
$2.77B
| $5.06M | ﹤0.01% |
138,112
-16,601
| -11% | -$713K |
|
1558
Independent Bank Corp
IBCP
$796M
| $5.02M | ﹤0.01% |
260,218
-50,495
| -16% | -$1M |
|
1559
Perdoceo Education
PRDO
$2.05B
| $5M | ﹤0.01% |
424,733
-38,298
| -8% | -$420K |
|
1560
iShares MSCI Japan ETF
EWJ
$22.4B
| $4.96M | ﹤0.01% |
93,852
+78,642
| +517% | +$4.44M |
|
1561
Bentley Systems
BSY
$10.9B
| $4.95M | ﹤0.01% |
148,714
+10,008
| +7% | +$368K |
|
1562
Mativ Holdings
MATV
$508M
| $4.94M | ﹤0.01% |
196,799
-25,330
| -11% | -$669K |
|
1563
Designer Brands
DBI
$337M
| $4.94M | ﹤0.01% |
378,393
-39,501
| -9% | -$569K |
|
|
LBAI
1564
DELISTED
Lakeland Bancorp Inc
LBAI
| $4.9M | ﹤0.01% |
334,844
-7,636
| -2% | -$117K |
|
1565
CEVA Inc
CEVA
$1.01B
| $4.88M | ﹤0.01% |
145,454
-6,090
| -4% | -$215K |
|
1566
Principal Real Estate Active Opportunities ETF
BYRE
$27.7M
| $4.87M | ﹤0.01% |
+199,204
| New | +$5M |
|
|
ROCC
1567
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $4.82M | ﹤0.01% |
146,551
+7,318
| +5% | +$276K |
|
1568
XPEL
XPEL
$1.27B
| $4.81M | ﹤0.01% |
104,738
-4,635
| -4% | -$219K |
|
|
INN
1569
Summit Hotel Properties
INN
$743M
| $4.81M | ﹤0.01% |
661,404
-42,014
| -6% | -$369K |
|
1570
MarineMax
HZO
$799M
| $4.81M | ﹤0.01% |
133,047
-30,367
| -19% | -$1.22M |
|
1571
Interface
TILE
$2.05B
| $4.8M | ﹤0.01% |
382,775
-26,587
| -6% | -$352K |
|
|
USI
1572
DELISTED
Principal Ultra-Short Active Income ETF
USI
| $4.8M | ﹤0.01% |
199,681
| – | – |
|
1573
PVH
PVH
$4.07B
| $4.79M | ﹤0.01% |
84,097
-419
| -0.5% | -$29K |
|
1574
Vicor
VICR
$10.5B
| $4.71M | ﹤0.01% |
86,158
-1,067
| -1% | -$66.2K |
|
1575
Hanmi Financial
HAFC
$966M
| $4.71M | ﹤0.01% |
210,022
-12,830
| -6% | -$298K |
|
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.