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 | |
|---|---|---|---|---|---|---|
1676
Enanta Pharmaceuticals
ENTA
$377M
| $5.68M | ﹤0.01% |
128,962
+1,109
| +0.9% | +$54.3K |
|
|
CHUY
1677
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $5.67M | ﹤0.01% |
152,198
-24,740
| -14% | -$1.05M |
|
|
SPTN
1678
DELISTED
SpartanNash
SPTN
| $5.64M | ﹤0.01% |
292,045
+7,906
| +3% | +$158K |
|
|
ARR
1679
Armour Residential REIT
ARR
$2.31B
| $5.63M | ﹤0.01% |
98,542
+8,793
| +10% | +$528K |
|
|
GPMT
1680
Granite Point Mortgage Trust
GPMT
$69.5M
| $5.63M | ﹤0.01% |
381,382
+2,620
| +0.7% | +$36.1K |
|
1681
Kelly Services Class A
KELYA
$520M
| $5.56M | ﹤0.01% |
231,778
-14,676
| -6% | -$362K |
|
|
AHRT
1682
AH Realty Trust
AHRT
$527M
| $5.55M | ﹤0.01% |
417,382
+9,840
| +2% | +$132K |
|
|
LL
1683
DELISTED
LL Flooring Holdings, Inc.
LL
| $5.54M | ﹤0.01% |
262,448
+28,102
| +12% | +$662K |
|
1684
Ethan Allen Interiors
ETD
$598M
| $5.5M | ﹤0.01% |
199,208
+25,420
| +15% | +$734K |
|
1685
Comtech Telecommunications
CMTL
$49.7M
| $5.47M | ﹤0.01% |
226,443
+18,154
| +9% | +$443K |
|
1686
BILL Holdings
BILL
$4.7B
| $5.47M | ﹤0.01% |
29,846
+21,598
| +262% | +$3.38M |
|
1687
Lennar Class B
LEN.B
$20.1B
| $5.46M | ﹤0.01% |
70,496
+6,737
| +11% | +$509K |
|
|
UHT
1688
Universal Health Realty Income Trust
UHT
$592M
| $5.46M | ﹤0.01% |
88,644
+619
| +0.7% | +$41.9K |
|
1689
John B. Sanfilippo & Son
JBSS
$993M
| $5.44M | ﹤0.01% |
61,459
-6,719
| -10% | -$611K |
|
1690
Elanco Animal Health
ELAN
$12.8B
| $5.43M | ﹤0.01% |
156,605
+32,097
| +26% | +$1.06M |
|
|
CBB
1691
DELISTED
Cincinnati Bell Inc.
CBB
| $5.43M | ﹤0.01% |
352,093
+2,188
| +0.6% | +$33.7K |
|
1692
Banc of California
BANC
$3.05B
| $5.42M | ﹤0.01% |
309,026
+2,336
| +0.8% | +$41.7K |
|
1693
iShares MSCI Japan ETF
EWJ
$22B
| $5.42M | ﹤0.01% |
80,202
+57,568
| +254% | +$3.94M |
|
1694
SiriusPoint
SPNT
$2.75B
| $5.4M | ﹤0.01% |
535,993
-133,894
| -20% | -$1.4M |
|
1695
iShares Russell 2000 Growth ETF
IWO
$14.6B
| $5.33M | ﹤0.01% |
17,092
-3,500
| -17% | -$1.05M |
|
1696
Vistra
VST
$52.6B
| $5.32M | ﹤0.01% |
286,911
+72,519
| +34% | +$1.25M |
|
1697
Invesco S&P 500 Equal Weight ETF
RSP
$98.1B
| $5.25M | ﹤0.01% |
34,799
+2,822
| +9% | +$420K |
|
|
TDAY
1698
USA Today Co
TDAY
$1.32B
| $5.24M | ﹤0.01% |
954,061
+33,308
| +4% | +$170K |
|
1699
AngloGold Ashanti
AU
$41.3B
| $5.23M | ﹤0.01% |
281,384
-18,810
| -6% | -$414K |
|
1700
Novavax
NVAX
$1.22B
| $5.23M | ﹤0.01% |
24,616
+2,745
| +13% | +$503K |
|
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.