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 | |
|---|---|---|---|---|---|---|
1651
Central Pacific Financial
CPF
$1B
| $5.12M | ﹤0.01% |
183,367
-3,097
| -2% | -$89.6K |
|
|
DHC
1652
Diversified Healthcare Trust
DHC
$2.14B
| $5.11M | ﹤0.01% |
1,595,513
-15,404
| -1% | -$47K |
|
1653
Arlo Technologies
ARLO
$1.65B
| $5.07M | ﹤0.01% |
572,020
-3,251
| -0.6% | -$29.9K |
|
1654
Quanex
NX
$1.01B
| $5.07M | ﹤0.01% |
241,283
-13,161
| -5% | -$299K |
|
1655
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $5.06M | ﹤0.01% |
48,374
-30,000
| -38% | -$3.17M |
|
|
CCRN
1656
DELISTED
Cross Country Healthcare
CCRN
| $5.06M | ﹤0.01% |
233,377
-2,010
| -0.9% | -$43.6K |
|
1657
Transocean
RIG
$5.82B
| $5.03M | ﹤0.01% |
1,100,290
-500,340
| -31% | -$1.9M |
|
1658
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $4.99M | ﹤0.01% |
19,500
-1,800
| -8% | -$461K |
|
1659
Titan International
TWI
$475M
| $4.98M | ﹤0.01% |
338,064
-2,828
| -0.8% | -$33.1K |
|
1660
Digi International
DGII
$3.1B
| $4.98M | ﹤0.01% |
231,361
+4,179
| +2% | +$89.3K |
|
|
ARR
1661
Armour Residential REIT
ARR
$2.36B
| $4.98M | ﹤0.01% |
118,471
-1,011
| -0.8% | -$45.1K |
|
1662
RPC Inc
RES
$1.3B
| $4.95M | ﹤0.01% |
464,096
-9,580
| -2% | -$76.5K |
|
|
UHT
1663
Universal Health Realty Income Trust
UHT
$594M
| $4.95M | ﹤0.01% |
84,742
-749
| -0.9% | -$43.4K |
|
1664
Mercado Libre
MELI
$92.3B
| $4.93M | ﹤0.01% |
4,148
+125
| +3% | +$136K |
|
1665
Zumiez
ZUMZ
$339M
| $4.93M | ﹤0.01% |
128,954
-13,490
| -9% | -$587K |
|
|
PLYM
1666
DELISTED
Plymouth Industrial REIT
PLYM
| $4.92M | ﹤0.01% |
181,741
-32,264
| -15% | -$889K |
|
1667
Bank of Montreal
BMO
$127B
| $4.92M | ﹤0.01% |
+41,790
| New | +$4.84M |
|
|
HIBB
1668
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.91M | ﹤0.01% |
110,784
-29,989
| -21% | -$1.62M |
|
1669
Inogen
INGN
$164M
| $4.87M | ﹤0.01% |
150,285
-7,891
| -5% | -$248K |
|
|
USI
1670
DELISTED
Principal Ultra-Short Active Income ETF
USI
| $4.85M | ﹤0.01% |
199,681
| – | – |
|
1671
IPG Photonics
IPGP
$3.84B
| $4.85M | ﹤0.01% |
44,156
+606
| +1% | +$83.3K |
|
1672
Uber
UBER
$153B
| $4.84M | ﹤0.01% |
135,732
+3,180
| +2% | +$114K |
|
|
PRSU
1673
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $4.83M | ﹤0.01% |
135,425
-1,284
| -0.9% | -$46.9K |
|
|
NFBK
1674
DELISTED
Northfield Bancorp
NFBK
| $4.83M | ﹤0.01% |
335,985
-29,464
| -8% | -$463K |
|
|
ROCC
1675
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $4.81M | ﹤0.01% |
139,233
-1,254
| -0.9% | -$41K |
|
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.