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 | |
|---|---|---|---|---|---|---|
1751
Peloton Interactive
PTON
$2.8B
| $4.33M | ﹤0.01% |
34,885
+12,581
| +56% | +$1.34M |
|
|
EGRX
1752
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $4.32M | ﹤0.01% |
100,986
-9,653
| -9% | -$398K |
|
1753
Ironwood Pharmaceuticals
IRWD
$734M
| $4.31M | ﹤0.01% |
334,781
+54,101
| +19% | +$619K |
|
1754
Hawkins
HWKN
$2.76B
| $4.3M | ﹤0.01% |
131,304
+1,487
| +1% | +$49.2K |
|
|
MAGN
1755
Magnera Corp
MAGN
$487M
| $4.3M | ﹤0.01% |
23,674
+217
| +0.9% | +$42.7K |
|
|
SHOE
1756
Shoe Station Group
SHOE
$417M
| $4.29M | ﹤0.01% |
119,864
+1,596
| +1% | +$51.6K |
|
1757
Funko
FNKO
$329M
| $4.29M | ﹤0.01% |
+201,387
| New | +$4.58M |
|
1758
STAG Industrial
STAG
$7.36B
| $4.27M | ﹤0.01% |
114,183
+59,971
| +111% | +$2.19M |
|
1759
Axalta
AXTA
$7.77B
| $4.25M | ﹤0.01% |
139,521
-23,965
| -15% | -$759K |
|
1760
Design Therapeutics
DSGN
$793M
| $4.21M | ﹤0.01% |
211,502
+104,094
| +97% | +$2.63M |
|
1761
Spectrum Brands
SPB
$2.04B
| $4.18M | ﹤0.01% |
49,202
+673
| +1% | +$59.3K |
|
|
CMO
1762
DELISTED
Capstead Mortgage Corp.
CMO
| $4.18M | ﹤0.01% |
680,797
+15,599
| +2% | +$101K |
|
1763
United Fire Group
UFCS
$1.33B
| $4.14M | ﹤0.01% |
149,411
+1,125
| +0.8% | +$35K |
|
1764
Guardant Health
GH
$21.6B
| $4.13M | ﹤0.01% |
33,221
+1,696
| +5% | +$228K |
|
1765
PC Connection
CNXN
$2.17B
| $4.08M | ﹤0.01% |
88,287
+4,231
| +5% | +$198K |
|
1766
DXP Enterprises
DXPE
$2.51B
| $4.08M | ﹤0.01% |
122,483
+9,986
| +9% | +$308K |
|
1767
LPL Financial
LPLA
$28.6B
| $4.05M | ﹤0.01% |
30,000
-117,544
| -80% | -$17.1M |
|
1768
Okta
OKTA
$25B
| $4.04M | ﹤0.01% |
16,496
+2,380
| +17% | +$574K |
|
|
UBA
1769
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $4.03M | ﹤0.01% |
208,112
+1,232
| +0.6% | +$22.8K |
|
1770
Popular Inc
BPOP
$11.2B
| $4.03M | ﹤0.01% |
53,676
+13,389
| +33% | +$1.02M |
|
1771
Opko Health
OPK
$985M
| $4.02M | ﹤0.01% |
992,934
-172,935
| -15% | -$678K |
|
|
CCRN
1772
DELISTED
Cross Country Healthcare
CCRN
| $4.01M | ﹤0.01% |
242,921
+3,139
| +1% | +$47.9K |
|
1773
Carvana
CVNA
$70.8B
| $3.96M | ﹤0.01% |
65,630
+16,870
| +35% | +$918K |
|
|
EBSB
1774
DELISTED
Meridian Bancorp, Inc.
EBSB
| $3.96M | ﹤0.01% |
193,558
-24,727
| -11% | -$514K |
|
1775
JD.com
JD
$44.5B
| $3.92M | ﹤0.01% |
49,134
-245,639
| -83% | -$18.5M |
|
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.