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 | |
|---|---|---|---|---|---|---|
1651
Uber
UBER
$147B
| $3.71M | ﹤0.01% |
181,170
+45,438
| +33% | +$1.21M |
|
1652
Pitney Bowes
PBI
$2.52B
| $3.71M | ﹤0.01% |
1,023,757
-100,151
| -9% | -$456K |
|
1653
Bunge Global
BG
$20.5B
| $3.7M | ﹤0.01% |
40,812
-65,945
| -62% | -$7.32M |
|
|
BIG
1654
DELISTED
Big Lots, Inc.
BIG
| $3.7M | ﹤0.01% |
176,245
-25,362
| -13% | -$746K |
|
1655
BioMarin Pharmaceuticals
BMRN
$11.7B
| $3.69M | ﹤0.01% |
44,475
+1,193
| +3% | +$95K |
|
|
TBI
1656
Trueblue
TBI
$234M
| $3.68M | ﹤0.01% |
205,357
-28,880
| -12% | -$678K |
|
1657
Bank of Montreal
BMO
$126B
| $3.67M | ﹤0.01% |
38,240
-3,550
| -8% | -$377K |
|
|
PINC
1658
DELISTED
Premier
PINC
| $3.67M | ﹤0.01% |
102,749
-13,885
| -12% | -$508K |
|
|
TRST
1659
Trustco Bank Corp NY
TRST
$983M
| $3.66M | ﹤0.01% |
118,546
-8,410
| -7% | -$262K |
|
|
EGRX
1660
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $3.65M | ﹤0.01% |
82,259
-936
| -1% | -$43K |
|
|
AAMI
1661
Acadian Asset Management
AAMI
$3.28B
| $3.65M | ﹤0.01% |
202,757
-162,857
| -45% | -$3.34M |
|
1662
Apollo Global Management
APO
$76.8B
| $3.56M | ﹤0.01% |
73,354
+23,937
| +48% | +$1.3M |
|
1663
Airbnb
ABNB
$89B
| $3.56M | ﹤0.01% |
39,909
+32,753
| +458% | +$4.26M |
|
1664
Forrester Research
FORR
$228M
| $3.55M | ﹤0.01% |
74,261
+633
| +0.9% | +$32.8K |
|
|
VRNT
1665
DELISTED
Verint Systems
VRNT
| $3.55M | ﹤0.01% |
83,885
+78,751
| +1,534% | +$3.94M |
|
|
NP
1666
DELISTED
Neenah, Inc. Common Stock
NP
| $3.54M | ﹤0.01% |
103,792
-17,135
| -14% | -$641K |
|
1667
Golub Capital BDC
GBDC
$3.41B
| $3.54M | ﹤0.01% |
272,743
+34,020
| +14% | +$487K |
|
1668
WisdomTree
WT
$3.42B
| $3.52M | ﹤0.01% |
695,200
-45,806
| -6% | -$263K |
|
|
PRSU
1669
Pursuit Attractions and Hospitality Inc
PRSU
$1.42B
| $3.5M | ﹤0.01% |
126,971
-8,454
| -6% | -$263K |
|
1670
Clearwater Paper
CLW
$369M
| $3.5M | ﹤0.01% |
104,131
-5,955
| -5% | -$186K |
|
1671
Enviri
NVRI
$671M
| $3.48M | ﹤0.01% |
489,742
-32,719
| -6% | -$295K |
|
|
FARO
1672
DELISTED
Faro Technologies
FARO
| $3.48M | ﹤0.01% |
112,752
-7,329
| -6% | -$268K |
|
|
ITOS
1673
DELISTED
iTeos Therapeutics
ITOS
| $3.46M | ﹤0.01% |
167,750
+31,004
| +23% | +$736K |
|
1674
HealthStream
HSTM
$871M
| $3.45M | ﹤0.01% |
159,131
-21,349
| -12% | -$426K |
|
1675
iShares Russell Mid-Cap Growth ETF
IWP
$20.6B
| $3.45M | ﹤0.01% |
43,579
+20,679
| +90% | +$1.8M |
|
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.