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 | |
|---|---|---|---|---|---|---|
1901
Daktronics
DAKT
$1.05B
| $1.59M | ﹤0.01% |
253,426
-221
| -0.1% | -$1.25K |
|
|
CIO
1902
DELISTED
City Office REIT
CIO
| $1.59M | ﹤0.01% |
149,487
+15,137
| +11% | +$155K |
|
1903
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $1.57M | ﹤0.01% |
31,956
+2,624
| +9% | +$125K |
|
1904
iShares MSCI Japan ETF
EWJ
$23B
| $1.55M | ﹤0.01% |
22,634
+565
| +3% | +$39.1K |
|
|
CODX
1905
Co-Diagnostics
CODX
$5.23M
| $1.55M | ﹤0.01% |
5,411
+413
| +8% | +$165K |
|
1906
Equitable Holdings
EQH
$14.2B
| $1.55M | ﹤0.01% |
47,442
+4,652
| +11% | +$134K |
|
1907
Vera Bradley
VRA
$97.8M
| $1.53M | ﹤0.01% |
151,574
-111
| -0.1% | -$1.04K |
|
|
FRGI
1908
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.52M | ﹤0.01% |
121,034
+1,562
| +1% | +$23.8K |
|
1909
Invesco Short Term Treasury ETF
TBLL
$2.61B
| $1.52M | ﹤0.01% |
14,394
-1,350
| -9% | -$143K |
|
|
LCI
1910
DELISTED
Lannett Company, Inc.
LCI
| $1.51M | ﹤0.01% |
71,617
+720
| +1% | +$19K |
|
|
NARI
1911
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $1.51M | ﹤0.01% |
14,119
+4,097
| +41% | +$425K |
|
1912
Teva Pharmaceuticals
TEVA
$41.5B
| $1.49M | ﹤0.01% |
128,772
+9,631
| +8% | +$110K |
|
1913
NovoCure
NVCR
$1.86B
| $1.48M | ﹤0.01% |
11,226
-956
| -8% | -$151K |
|
1914
CareDx
CDNA
$2.4B
| $1.47M | ﹤0.01% |
21,584
-651
| -3% | -$50.5K |
|
1915
Noodles & Co
NDLS
$108M
| $1.46M | ﹤0.01% |
+17,625
| New | +$1.37M |
|
1916
GoDaddy
GDDY
$11.5B
| $1.45M | ﹤0.01% |
18,716
-1,597
| -8% | -$129K |
|
1917
Mueller Water Products
MWA
$4.2B
| $1.45M | ﹤0.01% |
104,584
+11,500
| +12% | +$149K |
|
1918
Digital Turbine
APPS
$1.82B
| $1.44M | ﹤0.01% |
17,965
-3,288
| -15% | -$240K |
|
1919
Veracyte
VCYT
$3.83B
| $1.44M | ﹤0.01% |
26,740
+554
| +2% | +$31.9K |
|
1920
Datadog
DDOG
$88B
| $1.43M | ﹤0.01% |
17,146
-1,453
| -8% | -$140K |
|
|
RDFN
1921
DELISTED
Redfin
RDFN
| $1.42M | ﹤0.01% |
21,271
-3,976
| -16% | -$303K |
|
1922
Applied Optoelectronics
AAOI
$11.3B
| $1.41M | ﹤0.01% |
168,827
+23,420
| +16% | +$235K |
|
|
ROCC
1923
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $1.4M | ﹤0.01% |
104,472
-94
| -0.1% | -$1.29K |
|
|
BELFB
1924
Bel Fuse Inc Class B
BELFB
$4.25B
| $1.4M | ﹤0.01% |
70,202
-62
| -0.1% | -$1.09K |
|
1925
Vertex
VERX
$1.91B
| $1.39M | ﹤0.01% |
63,200
-9,900
| -14% | -$309K |
|
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.