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 | |
|---|---|---|---|---|---|---|
1876
Laureate Education
LAUR
$5.2B
| $1.29M | ﹤0.01% |
+111,197
| New | +$1.32M |
|
1877
Funko
FNKO
$322M
| $1.25M | ﹤0.01% |
56,136
-882
| -2% | -$17.1K |
|
1878
Mercado Libre
MELI
$95.7B
| $1.24M | ﹤0.01% |
1,949
-2,199
| -53% | -$1.92M |
|
1879
Plug Power
PLUG
$3.01B
| $1.24M | ﹤0.01% |
74,861
-734,329
| -91% | -$14.6M |
|
1880
OraSure Technologies
OSUR
$287M
| $1.23M | ﹤0.01% |
454,987
-28,360
| -6% | -$141K |
|
1881
Check Point Software Technologies
CHKP
$12.7B
| $1.22M | ﹤0.01% |
10,000
-909
| -8% | -$117K |
|
1882
Cohen & Steers
CNS
$4.32B
| $1.21M | ﹤0.01% |
19,066
+14,549
| +322% | +$1.1M |
|
1883
UNIFI
UFI
$126M
| $1.2M | ﹤0.01% |
85,660
-6,063
| -7% | -$91.5K |
|
|
TDCX
1884
DELISTED
TDCX Inc. American Depositary Shares, each representing one Class A ordinary share
TDCX
| $1.2M | ﹤0.01% |
+129,449
| New | +$1.49M |
|
1885
El Pollo Loco
LOCO
$503M
| $1.19M | ﹤0.01% |
120,870
-7,687
| -6% | -$80.9K |
|
1886
Annaly Capital Management
NLY
$17.1B
| $1.18M | ﹤0.01% |
49,837
+6,863
| +16% | +$178K |
|
|
CTEV
1887
Claritev Corp
CTEV
$450M
| $1.17M | ﹤0.01% |
5,339
+2,619
| +96% | +$518K |
|
|
ATSG
1888
DELISTED
Air Transport Services Group
ATSG
| $1.17M | ﹤0.01% |
+40,632
| New | +$1.24M |
|
1889
Texas Pacific Land
TPL
$27.3B
| $1.16M | ﹤0.01% |
7,038
+1,791
| +34% | +$293K |
|
|
HTO
1890
H2O America
HTO
$2.6B
| $1.16M | ﹤0.01% |
18,600
-14,552
| -44% | -$900K |
|
1891
Future Fuel
FF
$216M
| $1.16M | ﹤0.01% |
159,238
-11,083
| -7% | -$93.1K |
|
1892
Applovin
APP
$141B
| $1.16M | ﹤0.01% |
+33,560
| New | +$1.35M |
|
1893
Impinj
PI
$5.12B
| $1.15M | ﹤0.01% |
19,675
+6,178
| +46% | +$310K |
|
1894
Red Rock Resorts
RRR
$3.76B
| $1.15M | ﹤0.01% |
34,477
+24,730
| +254% | +$988K |
|
|
APLS
1895
DELISTED
Apellis Pharmaceuticals
APLS
| $1.14M | ﹤0.01% |
25,250
+946
| +4% | +$43.1K |
|
1896
Unity
U
$15.4B
| $1.14M | ﹤0.01% |
30,809
-145,533
| -83% | -$8.26M |
|
1897
Cactus
WHD
$5.39B
| $1.13M | ﹤0.01% |
28,036
-14,735
| -34% | -$741K |
|
1898
Antero Resources
AR
$11B
| $1.13M | ﹤0.01% |
36,719
+10,410
| +40% | +$381K |
|
|
ZYXI
1899
DELISTED
Zynex
ZYXI
| $1.12M | ﹤0.01% |
140,216
-9,775
| -7% | -$69.2K |
|
1900
Qiagen
QGEN
$8.73B
| $1.11M | ﹤0.01% |
22,161
+1,360
| +7% | +$66.4K |
|
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.