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 |
Brookfield
BN
|
+$274M |
| 2 |
Visa
V
|
+$215M |
| 3 |
Toronto Dominion Bank
TD
|
+$209M |
| 4 |
Canadian National Railway
CNI
|
+$206M |
| 5 |
HEICO Corp Class A
HEI.A
|
+$199M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$423M |
| 2 |
NVIDIA
NVDA
|
+$253M |
| 3 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$245M |
| 4 |
Invitation Homes
INVH
|
+$236M |
| 5 |
Mettler-Toledo International
MTD
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.55% |
| 2 | Real Estate | 17.45% |
| 3 | Financials | 14.34% |
| 4 | Consumer Discretionary | 11.05% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Vistra
VST
$47.7B
| $1.32M | ﹤0.01% |
56,872
+14,261
| +33% | +$316K |
|
1927
AMC Entertainment Holdings
AMC
$2.29B
| $1.32M | ﹤0.01% |
5,342
-394
| -7% | -$73.3K |
|
1928
Teva Pharmaceuticals
TEVA
$40.6B
| $1.31M | ﹤0.01% |
139,827
+3,147
| +2% | +$26.3K |
|
1929
Helios Technologies
HLIO
$2.72B
| $1.31M | ﹤0.01% |
16,333
-4,872
| -23% | -$388K |
|
1930
Novavax
NVAX
$1.27B
| $1.31M | ﹤0.01% |
17,789
-1,045
| -6% | -$93.2K |
|
|
ONT
1931
Onterris Inc
ONT
$530M
| $1.31M | ﹤0.01% |
24,717
+4,637
| +23% | +$230K |
|
1932
Kforce
KFRC
$1.05B
| $1.3M | ﹤0.01% |
17,615
-6,760
| -28% | -$482K |
|
|
MIR.WS
1933
DELISTED
Mirion Technologies, Inc. Redeemable Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
MIR.WS
| $1.29M | ﹤0.01% |
732,035
-582
| -0.1% | -$1.1K |
|
1934
Vera Bradley
VRA
$96.1M
| $1.28M | ﹤0.01% |
167,357
-2,813
| -2% | -$22.2K |
|
1935
Blackstone Mortgage Trust
BXMT
$2.33B
| $1.28M | ﹤0.01% |
40,183
-24,777
| -38% | -$778K |
|
1936
Phreesia
PHR
$706M
| $1.26M | ﹤0.01% |
47,832
-16,298
| -25% | -$499K |
|
|
PETQ
1937
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.26M | ﹤0.01% |
51,572
-24,676
| -32% | -$519K |
|
|
APLS
1938
DELISTED
Apellis Pharmaceuticals
APLS
| $1.24M | ﹤0.01% |
24,304
+1,696
| +8% | +$74.9K |
|
1939
Airbnb
ABNB
$90B
| $1.23M | ﹤0.01% |
7,156
+1,044
| +17% | +$166K |
|
1940
Beam Therapeutics
BEAM
$2.81B
| $1.23M | ﹤0.01% |
21,368
+351
| +2% | +$23K |
|
1941
Opko Health
OPK
$985M
| $1.23M | ﹤0.01% |
356,040
-132,035
| -27% | -$466K |
|
|
AIMC
1942
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.22M | ﹤0.01% |
31,235
-13,576
| -30% | -$610K |
|
1943
Energy Recovery
ERII
$446M
| $1.22M | ﹤0.01% |
60,343
-9,881
| -14% | -$192K |
|
|
CZOO
1944
DELISTED
Cazoo Group Ltd
CZOO
| $1.21M | ﹤0.01% |
220
-99
| -31% | -$755K |
|
1945
Annaly Capital Management
NLY
$17.1B
| $1.21M | ﹤0.01% |
42,974
+10,700
| +33% | +$318K |
|
|
ACRE
1946
Ares Commercial Real Estate
ACRE
$261M
| $1.2M | ﹤0.01% |
77,529
-39,352
| -34% | -$579K |
|
1947
Wayfair
W
$14.3B
| $1.2M | ﹤0.01% |
10,788
-2,928
| -21% | -$412K |
|
1948
CBIZ
CBZ
$2.96B
| $1.19M | ﹤0.01% |
28,385
-14,349
| -34% | -$562K |
|
1949
RingCentral
RNG
$5.18B
| $1.17M | ﹤0.01% |
9,969
-766
| -7% | -$113K |
|
1950
Babcock & Wilcox
BW
$1.4B
| $1.16M | ﹤0.01% |
142,364
+17,383
| +14% | +$136K |
|
Similar funds
Principal Financial Group's Q1 2022 Portfolio in Review
As of Q1 2022, Principal Financial Group held 2,636 positions worth $159B, down 5.3% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q1 2022 filing shows 113 new, 868 increased, 1,537 reduced and 97 closed positions. Its largest new stake was Toronto Dominion Bank: 2,598,948 shares worth $206M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $423M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2022 buy was Toronto Dominion Bank: 2,598,948 shares worth $206M.
- Principal Financial Group added most to Brookfield in Q1 2022, an estimated $274M increase.
- Principal Financial Group's biggest Q1 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $423M.
- Principal Financial Group fully exited Sterling Bancorp in Q1 2022, selling an estimated $93.8M.
- Principal Financial Group's ten largest holdings make up 15% of its $159B portfolio in Q1 2022.
- Principal Financial Group opened 113 new positions and closed 97 in Q1 2022.
- Principal Financial Group's portfolio value fell 5.3% quarter-over-quarter to $159B.
Based on Principal Financial Group's 13F filing for Q1 2022, filed 9 May 2022.