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 |
Digital Realty Trust
DLR
|
+$405M |
| 2 |
Brookfield Asset Management
BAM
|
+$375M |
| 3 |
Gaming and Leisure Properties
GLPI
|
+$239M |
| 4 |
Welltower
WELL
|
+$218M |
| 5 |
American Tower
AMT
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STOR
STORE Capital Corporation
STOR
|
+$364M |
| 2 |
Brookfield
BN
|
+$235M |
| 3 |
Equinix
EQIX
|
+$232M |
| 4 |
Guidewire Software
GWRE
|
+$191M |
| 5 |
Liberty Broadband Class C
LBRDK
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.55% |
| 2 | Technology | 15.79% |
| 3 | Financials | 15.77% |
| 4 | Industrials | 10.84% |
| 5 | Consumer Discretionary | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ITCI
1826
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.32M | ﹤0.01% |
24,929
-20,947
| -46% | -$1.05M |
|
1827
iShares California Muni Bond ETF
CMF
$4.61B
| $1.31M | ﹤0.01% |
23,402
| – | – |
|
1828
The Joint Corp
JYNT
$119M
| $1.31M | ﹤0.01% |
93,620
+3,821
| +4% | +$59K |
|
1829
Future Fuel
FF
$217M
| $1.29M | ﹤0.01% |
158,619
-902
| -0.6% | -$6.81K |
|
1830
Organogenesis Holdings
ORGO
$305M
| $1.25M | ﹤0.01% |
465,407
+10,674
| +2% | +$31.1K |
|
|
BBBY
1831
DELISTED
Bed Bath & Beyond Inc
BBBY
| $1.22M | ﹤0.01% |
487,705
+40,782
| +9% | +$160K |
|
1832
Madrigal Pharmaceuticals
MDGL
$11.9B
| $1.22M | ﹤0.01% |
4,197
+366
| +10% | +$35.8K |
|
|
PR
1833
Permian Resources
PR
$16.6B
| $1.21M | ﹤0.01% |
129,043
+106,783
| +480% | +$1.02M |
|
1834
Zscaler
ZS
$26.1B
| $1.2M | ﹤0.01% |
10,757
+1,153
| +12% | +$157K |
|
1835
El Pollo Loco
LOCO
$517M
| $1.2M | ﹤0.01% |
120,379
-760
| -0.6% | -$7.92K |
|
1836
Acadia Pharmaceuticals
ACAD
$4.93B
| $1.19M | ﹤0.01% |
74,973
+8,875
| +13% | +$139K |
|
1837
Crown Holdings
CCK
$13.3B
| $1.18M | ﹤0.01% |
14,394
+534
| +4% | +$42.6K |
|
1838
GoDaddy
GDDY
$11.6B
| $1.18M | ﹤0.01% |
15,708
-1,847
| -11% | -$139K |
|
1839
Scotiabank
BNS
$108B
| $1.18M | ﹤0.01% |
24,003
-900
| -4% | -$44.4K |
|
1840
Coca-Cola Europacific Partners
CCEP
$48B
| $1.17M | ﹤0.01% |
21,074
+5,679
| +37% | +$285K |
|
1841
Treace Medical Concepts
TMCI
$310M
| $1.15M | ﹤0.01% |
+50,148
| New | +$1.15M |
|
|
GOGL
1842
DELISTED
Golden Ocean Group
GOGL
| $1.15M | ﹤0.01% |
132,326
+119,638
| +943% | +$1.04M |
|
1843
Magnolia Oil & Gas
MGY
$5.62B
| $1.14M | ﹤0.01% |
48,743
-9,503
| -16% | -$232K |
|
|
RXDX
1844
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $1.13M | ﹤0.01% |
10,309
+1,404
| +16% | +$91K |
|
1845
Evolent Health
EVH
$346M
| $1.11M | ﹤0.01% |
39,526
+6,084
| +18% | +$174K |
|
1846
StoneCo
STNE
$2.72B
| $1.1M | ﹤0.01% |
116,923
+82,193
| +237% | +$861K |
|
1847
SS&C Technologies
SSNC
$18.6B
| $1.1M | ﹤0.01% |
21,150
-3,561
| -14% | -$180K |
|
1848
Dell
DELL
$299B
| $1.1M | ﹤0.01% |
27,324
-3,306
| -11% | -$131K |
|
1849
Alphatec Holdings
ATEC
$1.47B
| $1.08M | ﹤0.01% |
87,825
+66,324
| +308% | +$668K |
|
1850
Huron Consulting
HURN
$2.38B
| $1.08M | ﹤0.01% |
+14,921
| New | +$1.1M |
|
Similar funds
Principal Financial Group's Q4 2022 Portfolio in Review
As of Q4 2022, Principal Financial Group held 2,612 positions worth $133B, up 5.5% from $126B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q4 2022 filing shows 120 new, 876 increased, 1,421 reduced and 175 closed positions. Its largest new stake was Brookfield Asset Management: 12,455,054 shares worth $357M. The largest sale was STORE Capital Corporation, an estimated $364M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q4 2022 buy was Brookfield Asset Management: 12,455,054 shares worth $357M.
- Principal Financial Group added most to Digital Realty Trust in Q4 2022, an estimated $405M increase.
- Principal Financial Group's biggest Q4 2022 reduction was STORE Capital Corporation, cutting an estimated $364M.
- Principal Financial Group fully exited Petrobras in Q4 2022, selling an estimated $59M.
- Principal Financial Group's ten largest holdings make up 14% of its $133B portfolio in Q4 2022.
- Principal Financial Group opened 120 new positions and closed 175 in Q4 2022.
- Principal Financial Group's portfolio value rose 5.5% quarter-over-quarter to $133B.
Based on Principal Financial Group's 13F filing for Q4 2022, filed 9 Feb 2023.