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 | |
|---|---|---|---|---|---|---|
1701
America's Car Mart
CRMT
$26.9M
| $2.78M | ﹤0.01% |
35,109
-365
| -1% | -$29.7K |
|
1702
Xperi
XPER
$348M
| $2.78M | ﹤0.01% |
253,982
-668
| -0.3% | -$6.96K |
|
1703
Genesco
GCO
$422M
| $2.76M | ﹤0.01% |
74,908
-4,089
| -5% | -$179K |
|
1704
Xtrackers MSCI USA ESG Leaders Equity ETF
USSG
$590M
| $2.76M | ﹤0.01% |
+73,463
| New | +$2.68M |
|
1705
BRC Group Holdings
RILY
$289M
| $2.76M | ﹤0.01% |
97,065
-2,086
| -2% | -$79K |
|
1706
Coherus Oncology
CHRS
$196M
| $2.75M | ﹤0.01% |
402,452
-9,135
| -2% | -$70.9K |
|
1707
Ezcorp Inc
EZPW
$1.71B
| $2.74M | ﹤0.01% |
319,082
-9,533
| -3% | -$83.8K |
|
1708
OraSure Technologies
OSUR
$279M
| $2.74M | ﹤0.01% |
452,098
-5,225
| -1% | -$29.5K |
|
|
SHOE
1709
Shoe Station Group
SHOE
$428M
| $2.73M | ﹤0.01% |
106,544
-3,961
| -4% | -$103K |
|
1710
REX American Resources
REX
$1.41B
| $2.71M | ﹤0.01% |
189,482
-5,978
| -3% | -$94.5K |
|
|
WSR
1711
DELISTED
Whitestone REIT
WSR
| $2.7M | ﹤0.01% |
293,569
-6,551
| -2% | -$63.4K |
|
1712
Canadian Imperial Bank of Commerce
CM
$108B
| $2.66M | ﹤0.01% |
62,848
-26,836
| -30% | -$1.18M |
|
1713
Prothena Corp
PRTA
$450M
| $2.66M | ﹤0.01% |
54,869
-1,138
| -2% | -$60.1K |
|
1714
ATN International
ATNI
$492M
| $2.65M | ﹤0.01% |
64,796
-766
| -1% | -$33.8K |
|
1715
Haverty Furniture Companies
HVT
$454M
| $2.63M | ﹤0.01% |
82,576
-1,293
| -2% | -$43.9K |
|
|
CLLS
1716
Cellectis
CLLS
$285M
| $2.63M | ﹤0.01% |
1,361,860
+27,810
| +2% | +$69.6K |
|
1717
Workday
WDAY
$44.4B
| $2.62M | ﹤0.01% |
12,672
-2,640
| -17% | -$480K |
|
|
CUTR
1718
DELISTED
Cutera, Inc.
CUTR
| $2.61M | ﹤0.01% |
110,476
-2,552
| -2% | -$81.6K |
|
1719
Anika Therapeutics
ANIK
$287M
| $2.61M | ﹤0.01% |
90,758
-1,108
| -1% | -$33K |
|
|
TBRG
1720
DELISTED
TruBridge
TBRG
| $2.6M | ﹤0.01% |
86,163
-874
| -1% | -$25.5K |
|
|
PRSU
1721
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $2.6M | ﹤0.01% |
124,674
-1,599
| -1% | -$39.8K |
|
1722
DXP Enterprises
DXPE
$2.98B
| $2.57M | ﹤0.01% |
95,398
-1,086
| -1% | -$31.3K |
|
1723
Tradeweb Markets
TW
$21.6B
| $2.57M | ﹤0.01% |
32,478
-1,083
| -3% | -$78.4K |
|
1724
News Corp Class B
NWS
$17.5B
| $2.52M | ﹤0.01% |
144,784
+2,667
| +2% | +$49.2K |
|
1725
AngioDynamics
ANGO
$649M
| $2.51M | ﹤0.01% |
242,352
-3,025
| -1% | -$38.7K |
|
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.