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 |
Intuitive Surgical
ISRG
|
+$193M |
| 2 |
Agree Realty
ADC
|
+$165M |
| 3 |
Tyler Technologies
TYL
|
+$162M |
| 4 |
SBA Communications
SBAC
|
+$105M |
| 5 |
CoStar Group
CSGP
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RP
RealPage, Inc.
RP
|
+$285M |
| 2 |
Apple
AAPL
|
+$261M |
| 3 |
Deere & Co
DE
|
+$203M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$193M |
| 5 |
Microsoft
MSFT
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.25% |
| 2 | Financials | 15.26% |
| 3 | Real Estate | 14.94% |
| 4 | Consumer Discretionary | 12.64% |
| 5 | Industrials | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
Intellia Therapeutics
NTLA
$1.57B
| $2M | ﹤0.01% |
24,981
+157
| +0.6% | +$10.5K |
|
1852
Sarepta Therapeutics
SRPT
$1.77B
| $2M | ﹤0.01% |
26,845
+1,508
| +6% | +$139K |
|
|
CNR
1853
Core Natural Resources Inc
CNR
$4.47B
| $2M | ﹤0.01% |
205,830
+26,724
| +15% | +$261K |
|
1854
Ionis Pharmaceuticals
IONS
$9.06B
| $2M | ﹤0.01% |
44,411
+3,385
| +8% | +$189K |
|
1855
Tootsie Roll Industries
TR
$2.99B
| $1.99M | ﹤0.01% |
69,642
+9,661
| +16% | +$265K |
|
|
COUP
1856
DELISTED
Coupa Software Incorporated
COUP
| $1.97M | ﹤0.01% |
7,748
-626
| -7% | -$197K |
|
1857
Delek US
DK
$3.59B
| $1.95M | ﹤0.01% |
89,590
+6,838
| +8% | +$149K |
|
1858
Kodiak Sciences
KOD
$2.84B
| $1.95M | ﹤0.01% |
17,150
-227
| -1% | -$31K |
|
1859
Akebia Therapeutics
AKBA
$264M
| $1.94M | ﹤0.01% |
573,237
+36,084
| +7% | +$130K |
|
1860
Lakeland Financial Corp
LKFN
$1.55B
| $1.94M | ﹤0.01% |
28,008
+2,145
| +8% | +$141K |
|
1861
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $1.93M | ﹤0.01% |
23,420
+1,704
| +8% | +$141K |
|
1862
CRISPR Therapeutics
CRSP
$4.99B
| $1.92M | ﹤0.01% |
+15,754
| New | +$2.38M |
|
|
ALLK
1863
DELISTED
Allakos
ALLK
| $1.91M | ﹤0.01% |
16,639
-86
| -0.5% | -$10.9K |
|
|
SASR
1864
DELISTED
Sandy Spring Bancorp Inc
SASR
| $1.88M | ﹤0.01% |
43,335
+7,691
| +22% | +$292K |
|
1865
Cheniere Energy
LNG
$54.9B
| $1.87M | ﹤0.01% |
26,025
-2,197
| -8% | -$150K |
|
1866
Surgery Partners
SGRY
$1.95B
| $1.86M | ﹤0.01% |
42,137
+8,254
| +24% | +$306K |
|
|
VTLE
1867
DELISTED
Vital Energy
VTLE
| $1.86M | ﹤0.01% |
61,956
+24
| +0% | +$737 |
|
1868
Super Micro Computer
SMCI
$19B
| $1.86M | ﹤0.01% |
476,420
+91,220
| +24% | +$310K |
|
|
ZEUS
1869
DELISTED
Olympic Steel
ZEUS
| $1.84M | ﹤0.01% |
62,418
-56
| -0.1% | -$1.09K |
|
1870
iShares California Muni Bond ETF
CMF
$4.61B
| $1.84M | ﹤0.01% |
29,578
-13,000
| -31% | -$813K |
|
1871
Vanguard Real Estate ETF
VNQ
$38.8B
| $1.83M | ﹤0.01% |
19,882
-35,584
| -64% | -$3.13M |
|
|
PPLI
1872
People Inc
PPLI
$3.2B
| $1.82M | ﹤0.01% |
15,451
-1,311
| -8% | -$163K |
|
1873
STAG Industrial
STAG
$7.1B
| $1.82M | ﹤0.01% |
54,212
+22,670
| +72% | +$724K |
|
1874
ACM Research
ACMR
$5.46B
| $1.81M | ﹤0.01% |
67,182
+5,148
| +8% | +$170K |
|
1875
Sinclair Inc
SBGI
$1.07B
| $1.81M | ﹤0.01% |
61,761
+4,724
| +8% | +$157K |
|
Similar funds
Principal Financial Group's Q1 2021 Portfolio in Review
As of Q1 2021, Principal Financial Group held 2,536 positions worth $142B, up 5.3% from $135B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2021 filing shows 122 new, 1,357 increased, 986 reduced and 57 closed positions. Its largest new stake was Copa Holdings: 596,434 shares worth $48.2M. The largest sale was RealPage, Inc., an estimated $285M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2021 buy was Copa Holdings: 596,434 shares worth $48.2M.
- Principal Financial Group added most to Intuitive Surgical in Q1 2021, an estimated $193M increase.
- Principal Financial Group's biggest Q1 2021 reduction was RealPage, Inc., cutting an estimated $285M.
- Principal Financial Group fully exited HMS Holdings Corp. in Q1 2021, selling an estimated $47.9M.
- Principal Financial Group's ten largest holdings make up 14% of its $142B portfolio in Q1 2021.
- Principal Financial Group opened 122 new positions and closed 57 in Q1 2021.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $142B.
Based on Principal Financial Group's 13F filing for Q1 2021, filed 10 May 2021.