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 | |
|---|---|---|---|---|---|---|
1901
WesBanco
WSBC
$4.04B
| $731K | ﹤0.01% |
19,761
+13,729
| +228% | +$527K |
|
1902
Americold
COLD
$4B
| $728K | ﹤0.01% |
25,732
-4,097
| -14% | -$110K |
|
|
ISEE
1903
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $722K | ﹤0.01% |
33,705
+3,321
| +11% | +$70.9K |
|
1904
Western Alliance Bancorporation
WAL
$9.05B
| $721K | ﹤0.01% |
12,104
+107
| +0.9% | +$6.93K |
|
1905
Mercado Libre
MELI
$97.5B
| $717K | ﹤0.01% |
847
| – | – |
|
1906
Plug Power
PLUG
$2.93B
| $713K | ﹤0.01% |
57,617
-15,648
| -21% | -$249K |
|
1907
Beam Therapeutics
BEAM
$2.78B
| $704K | ﹤0.01% |
18,006
+895
| +5% | +$40.1K |
|
|
BPMC
1908
DELISTED
Blueprint Medicines
BPMC
| $701K | ﹤0.01% |
15,999
+393
| +3% | +$18.8K |
|
1909
Ally Financial
ALLY
$13.6B
| $699K | ﹤0.01% |
28,589
-5,658
| -17% | -$150K |
|
1910
Syndax Pharmaceuticals
SNDX
$1.77B
| $695K | ﹤0.01% |
27,318
+15,280
| +127% | +$356K |
|
1911
Intellia Therapeutics
NTLA
$1.53B
| $692K | ﹤0.01% |
19,835
+1,253
| +7% | +$59.6K |
|
1912
Genco Shipping & Trading
GNK
$1.11B
| $692K | ﹤0.01% |
45,042
+25,391
| +129% | +$368K |
|
1913
PTC Therapeutics
PTCT
$5.78B
| $690K | ﹤0.01% |
18,069
+397
| +2% | +$16.5K |
|
1914
BGC Group
BGC
$5.18B
| $683K | ﹤0.01% |
181,148
+148,124
| +449% | +$585K |
|
1915
Coinbase
COIN
$39.5B
| $674K | ﹤0.01% |
19,054
-16,473
| -46% | -$868K |
|
1916
Nutanix
NTNX
$16.5B
| $672K | ﹤0.01% |
25,811
+1,887
| +8% | +$51.5K |
|
|
COUP
1917
DELISTED
Coupa Software Incorporated
COUP
| $672K | ﹤0.01% |
8,485
-41
| -0.5% | -$2.45K |
|
1918
Futu Holdings
FUTU
$15.5B
| $667K | ﹤0.01% |
16,415
+518
| +3% | +$25.3K |
|
1919
Advanced Drainage Systems
WMS
$11.5B
| $666K | ﹤0.01% |
8,127
+731
| +10% | +$74.1K |
|
1920
US Foods
USFD
$22.1B
| $657K | ﹤0.01% |
19,311
-3,118
| -14% | -$99.7K |
|
1921
Champion Homes
SKY
$5B
| $648K | ﹤0.01% |
12,583
-3,738
| -23% | -$199K |
|
|
EGLE
1922
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $647K | ﹤0.01% |
12,949
+6,549
| +102% | +$328K |
|
|
KDNY
1923
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $643K | ﹤0.01% |
24,555
+12,401
| +102% | +$275K |
|
|
RVNC
1924
DELISTED
Revance Therapeutics, Inc.
RVNC
| $638K | ﹤0.01% |
34,566
+15,963
| +86% | +$365K |
|
|
PDM
1925
Piedmont Realty Trust
PDM
$1.21B
| $638K | ﹤0.01% |
69,555
+56,850
| +447% | +$562K |
|
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.