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 | |
|---|---|---|---|---|---|---|
1751
Telus
TU
$15B
| $2.59M | ﹤0.01% |
116,351
-14,832
| -11% | -$367K |
|
1752
Central Garden & Pet Co
CENT
$2.76B
| $2.58M | ﹤0.01% |
75,881
-4,770
| -6% | -$167K |
|
1753
World Acceptance Corp
WRLD
$902M
| $2.57M | ﹤0.01% |
22,883
-8,203
| -26% | -$1.29M |
|
|
RPT.PRD
1754
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| $2.56M | ﹤0.01% |
53,678
-9,600
| -15% | -$527K |
|
|
SHOE
1755
Shoe Station Group
SHOE
$422M
| $2.56M | ﹤0.01% |
118,499
-13,361
| -10% | -$380K |
|
|
BBBY
1756
DELISTED
Bed Bath & Beyond Inc
BBBY
| $2.55M | ﹤0.01% |
513,466
-133,342
| -21% | -$1.55M |
|
1757
OneSpan
OSPN
$601M
| $2.55M | ﹤0.01% |
214,017
-12,706
| -6% | -$167K |
|
|
HAYN
1758
DELISTED
Haynes International, Inc.
HAYN
| $2.52M | ﹤0.01% |
76,925
-5,336
| -6% | -$207K |
|
1759
Magnolia Oil & Gas
MGY
$5.82B
| $2.51M | ﹤0.01% |
119,585
+93,397
| +357% | +$2.33M |
|
1760
Ezcorp Inc
EZPW
$1.91B
| $2.49M | ﹤0.01% |
331,573
-22,392
| -6% | -$163K |
|
1761
Southern Copper
SCCO
$163B
| $2.46M | ﹤0.01% |
53,202
-34,629
| -39% | -$2M |
|
1762
Insulet
PODD
$11.6B
| $2.41M | ﹤0.01% |
11,074
-5,056
| -31% | -$1.15M |
|
1763
Thryv Holdings
THRY
$132M
| $2.39M | ﹤0.01% |
106,809
-5,362
| -5% | -$138K |
|
1764
Century Aluminum
CENX
$4.66B
| $2.36M | ﹤0.01% |
320,698
-12,464
| -4% | -$194K |
|
1765
News Corp Class B
NWS
$17.7B
| $2.36M | ﹤0.01% |
148,469
+2,235
| +2% | +$41.6K |
|
|
CHUY
1766
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $2.33M | ﹤0.01% |
116,938
-13,833
| -11% | -$317K |
|
1767
ASML
ASML
$658B
| $2.33M | ﹤0.01% |
4,888
| – | – |
|
1768
Haverty Furniture Companies
HVT
$455M
| $2.3M | ﹤0.01% |
99,404
-16,046
| -14% | -$428K |
|
1769
Suzano
SUZ
$10.3B
| $2.3M | ﹤0.01% |
242,234
-211,055
| -47% | -$2.22M |
|
|
SPLK
1770
DELISTED
Splunk Inc
SPLK
| $2.28M | ﹤0.01% |
25,808
+6,161
| +31% | +$678K |
|
1771
Camping World
CWH
$676M
| $2.28M | ﹤0.01% |
105,707
+24,854
| +31% | +$656K |
|
1772
Pennant Group
PNTG
$1.34B
| $2.27M | ﹤0.01% |
176,961
-7,518
| -4% | -$125K |
|
1773
Roblox
RBLX
$26.4B
| $2.25M | ﹤0.01% |
+68,565
| New | +$2.3M |
|
1774
Universal Insurance Holdings
UVE
$1.23B
| $2.25M | ﹤0.01% |
172,434
-12,907
| -7% | -$163K |
|
1775
Liquidity Services
LQDT
$1.19B
| $2.23M | ﹤0.01% |
165,778
-10,169
| -6% | -$150K |
|
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.