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 | |
|---|---|---|---|---|---|---|
|
UBA
1726
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $4.07M | ﹤0.01% |
216,415
-9,425
| -4% | -$185K |
|
1727
Under Armour Class C
UA
$2.52B
| $4.06M | ﹤0.01% |
261,048
-413
| -0.2% | -$6.47K |
|
|
FBRT
1728
Franklin BSP Realty Trust
FBRT
$661M
| $4.06M | ﹤0.01% |
290,364
-2,384
| -0.8% | -$32.6K |
|
|
TRST
1729
Trustco Bank Corp NY
TRST
$948M
| $4.05M | ﹤0.01% |
126,956
-1,118
| -0.9% | -$37.8K |
|
|
WSR
1730
DELISTED
Whitestone REIT
WSR
| $4.04M | ﹤0.01% |
305,320
-2,836
| -0.9% | -$32.5K |
|
1731
Pilgrim's Pride
PPC
$6.51B
| $4.04M | ﹤0.01% |
160,991
-1,349
| -0.8% | -$35K |
|
|
ITCI
1732
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.04M | ﹤0.01% |
66,003
-577
| -0.9% | -$30K |
|
1733
Cheniere Energy
LNG
$53.5B
| $4.02M | ﹤0.01% |
29,007
-2,249
| -7% | -$273K |
|
1734
RE/MAX Holdings
RMAX
$244M
| $4M | ﹤0.01% |
144,366
-11,042
| -7% | -$325K |
|
1735
PubMatic
PUBM
$842M
| $4M | ﹤0.01% |
152,986
-23,883
| -14% | -$612K |
|
|
GPMT
1736
Granite Point Mortgage Trust
GPMT
$61.2M
| $3.96M | ﹤0.01% |
356,121
-2,472
| -0.7% | -$28.3K |
|
|
CHS
1737
DELISTED
Chicos FAS, Inc.
CHS
| $3.94M | ﹤0.01% |
821,657
-6,741
| -0.8% | -$31.5K |
|
1738
Par Pacific Holdings
PARR
$3.33B
| $3.93M | ﹤0.01% |
301,753
-2,917
| -1% | -$41.5K |
|
1739
Under Armour
UAA
$2.56B
| $3.88M | ﹤0.01% |
227,893
+82
| +0% | +$1.47K |
|
1740
DMC Global
BOOM
$159M
| $3.88M | ﹤0.01% |
127,149
+2,558
| +2% | +$92.8K |
|
|
SHOE
1741
Shoe Station Group
SHOE
$432M
| $3.85M | ﹤0.01% |
131,860
-9,504
| -7% | -$310K |
|
1742
QuinStreet
QNST
$1.21B
| $3.84M | ﹤0.01% |
331,061
-1,357
| -0.4% | -$18.2K |
|
1743
Chord Energy
CHRD
$7.4B
| $3.83M | ﹤0.01% |
26,174
-10,435
| -29% | -$1.44M |
|
|
FLNA
1744
Filana Therapeutics
FLNA
$47.4M
| $3.76M | ﹤0.01% |
101,358
-44,180
| -30% | -$1.87M |
|
|
RPT.PRD
1745
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| $3.75M | ﹤0.01% |
63,278
-11,436
| -15% | -$660K |
|
1746
The Joint Corp
JYNT
$120M
| $3.75M | ﹤0.01% |
105,956
-6,415
| -6% | -$297K |
|
1747
Resources Connection
RGP
$146M
| $3.74M | ﹤0.01% |
218,007
-13,267
| -6% | -$228K |
|
1748
iShares Core US Aggregate Bond ETF
AGG
$138B
| $3.73M | ﹤0.01% |
34,823
+1,203
| +4% | +$132K |
|
1749
Mercer International
MERC
$38.8M
| $3.72M | ﹤0.01% |
266,414
-2,322
| -0.9% | -$29.9K |
|
|
FSP
1750
Franklin Street Properties
FSP
$47M
| $3.71M | ﹤0.01% |
628,857
-3,718
| -0.6% | -$21.5K |
|
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.