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 | |
|---|---|---|---|---|---|---|
1951
PG&E
PCG
$38.2B
| $1.22M | ﹤0.01% |
104,256
+26,100
| +33% | +$303K |
|
1952
Royalty Pharma
RPRX
$25.3B
| $1.22M | ﹤0.01% |
27,847
+14,256
| +105% | +$676K |
|
1953
Seres Therapeutics
MCRB
$49.3M
| $1.21M | ﹤0.01% |
2,929
+1,308
| +81% | +$602K |
|
1954
iShares US Treasury Bond ETF
GOVT
$43.6B
| $1.21M | ﹤0.01% |
46,059
+8,264
| +22% | +$221K |
|
1955
Herc Holdings
HRI
$5.69B
| $1.2M | ﹤0.01% |
+11,871
| New | +$960K |
|
1956
BILL Holdings
BILL
$4.79B
| $1.2M | ﹤0.01% |
8,248
-660
| -7% | -$98.9K |
|
1957
NIO
NIO
$11.9B
| $1.19M | ﹤0.01% |
30,621
-16,632
| -35% | -$848K |
|
1958
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.03B
| $1.19M | ﹤0.01% |
24,624
+2,260
| +10% | +$110K |
|
|
VAPO
1959
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.19M | ﹤0.01% |
6,175
+469
| +8% | +$109K |
|
1960
Editas Medicine
EDIT
$455M
| $1.18M | ﹤0.01% |
28,076
-691
| -2% | -$39.4K |
|
1961
BlackLine
BL
$1.74B
| $1.18M | ﹤0.01% |
10,868
-2,033
| -16% | -$254K |
|
1962
Schneider National
SNDR
$6.24B
| $1.17M | ﹤0.01% |
+46,835
| New | +$1.09M |
|
|
GSAH.WS
1963
DELISTED
GS Acquisition Holdings Corp II Redeemable Warrants, each whole warrant exercisable for one share of
GSAH.WS
| $1.16M | ﹤0.01% |
+527,173
| New | +$1.75M |
|
|
SAGE
1964
DELISTED
Sage Therapeutics
SAGE
| $1.16M | ﹤0.01% |
15,462
+1,464
| +10% | +$120K |
|
1965
ON Semiconductor
ON
$19.1B
| $1.15M | ﹤0.01% |
27,616
+3,659
| +15% | +$140K |
|
1966
Progyny
PGNY
$2.26B
| $1.12M | ﹤0.01% |
25,173
+652
| +3% | +$30.5K |
|
1967
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $1.12M | ﹤0.01% |
5,418
+1,649
| +44% | +$334K |
|
|
FOLD
1968
DELISTED
Amicus Therapeutics
FOLD
| $1.12M | ﹤0.01% |
113,060
-6,204
| -5% | -$96K |
|
|
KRTX
1969
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $1.12M | ﹤0.01% |
9,283
-216
| -2% | -$24.5K |
|
1970
OceanFirst Financial
OCFC
$1.92B
| $1.11M | ﹤0.01% |
46,585
+3,554
| +8% | +$76.4K |
|
1971
Varonis Systems
VRNS
$4.91B
| $1.11M | ﹤0.01% |
21,638
-2,038
| -9% | -$121K |
|
|
SCPX
1972
DELISTED
Scorpius Holdings, Inc.
SCPX
| $1.11M | ﹤0.01% |
38
+3
| +9% | +$95.6K |
|
|
HEES
1973
DELISTED
H&E Equipment Services
HEES
| $1.1M | ﹤0.01% |
29,020
+2,223
| +8% | +$71.1K |
|
1974
Camping World
CWH
$645M
| $1.1M | ﹤0.01% |
30,140
+1,069
| +4% | +$38K |
|
1975
Sabesp
SBS
$18.9B
| $1.1M | ﹤0.01% |
771,617
+53,478
| +7% | +$76.9K |
|
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.