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 |
CoStar Group
CSGP
|
+$486M |
| 2 |
Marriott Vacations Worldwide
VAC
|
+$246M |
| 3 |
Broadstone Net Lease
BNL
|
+$244M |
| 4 |
Tyler Technologies
TYL
|
+$235M |
| 5 |
Equinix
EQIX
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Motorola Solutions
MSI
|
+$309M |
| 2 |
Prologis
PLD
|
+$303M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$300M |
| 4 |
Gartner
IT
|
+$262M |
| 5 |
CBRE Group
CBRE
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.69% |
| 2 | Real Estate | 16% |
| 3 | Financials | 14.93% |
| 4 | Consumer Discretionary | 12.35% |
| 5 | Industrials | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AZEK
1976
DELISTED
The AZEK Co
AZEK
| $1.4M | ﹤0.01% |
32,910
+26,372
| +403% | +$1.18M |
|
1977
Schneider National
SNDR
$6.26B
| $1.39M | ﹤0.01% |
63,616
+16,781
| +36% | +$406K |
|
1978
W.P. Carey
WPC
$16.8B
| $1.39M | ﹤0.01% |
18,948
+6,992
| +58% | +$512K |
|
1979
Curis
CRIS
$9.78M
| $1.38M | ﹤0.01% |
+428
| New | +$1.93M |
|
|
SCPL
1980
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $1.38M | ﹤0.01% |
81,286
+26,165
| +47% | +$451K |
|
1981
Seres Therapeutics
MCRB
$46.8M
| $1.37M | ﹤0.01% |
2,876
-53
| -2% | -$22.4K |
|
1982
Acadia Pharmaceuticals
ACAD
$4.43B
| $1.37M | ﹤0.01% |
56,084
+7,893
| +16% | +$178K |
|
1983
Check Point Software Technologies
CHKP
$13B
| $1.36M | ﹤0.01% |
11,735
-27
| -0.2% | -$3.19K |
|
1984
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.09B
| $1.35M | ﹤0.01% |
27,924
+3,300
| +13% | +$160K |
|
1985
NIO
NIO
$12.2B
| $1.34M | ﹤0.01% |
25,226
-5,395
| -18% | -$216K |
|
1986
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.44B
| $1.33M | ﹤0.01% |
20,726
+479
| +2% | +$30.6K |
|
|
CMBM
1987
DELISTED
Cambium Networks
CMBM
| $1.32M | ﹤0.01% |
+27,286
| New | +$1.46M |
|
|
SWTX
1988
DELISTED
SpringWorks Therapeutics
SWTX
| $1.32M | ﹤0.01% |
15,971
+1,289
| +9% | +$97.9K |
|
|
ATH
1989
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $1.31M | ﹤0.01% |
19,441
+4,294
| +28% | +$258K |
|
1990
Annaly Capital Management
NLY
$17.1B
| $1.31M | ﹤0.01% |
36,849
+9,480
| +35% | +$344K |
|
1991
Royalty Pharma
RPRX
$25.9B
| $1.3M | ﹤0.01% |
31,723
+3,876
| +14% | +$165K |
|
|
TPTX
1992
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $1.3M | ﹤0.01% |
16,655
-577
| -3% | -$42.6K |
|
1993
Transmedics
TMDX
$2.64B
| $1.3M | ﹤0.01% |
39,045
+33,682
| +628% | +$934K |
|
|
WOW
1994
DELISTED
WideOpenWest
WOW
| $1.27M | ﹤0.01% |
+61,537
| New | +$965K |
|
1995
Vanguard Real Estate ETF
VNQ
$39.2B
| $1.26M | ﹤0.01% |
12,415
-7,467
| -38% | -$740K |
|
1996
Sabesp
SBS
$19.1B
| $1.26M | ﹤0.01% |
880,115
+108,498
| +14% | +$161K |
|
1997
Sutro Biopharma
STRO
$401M
| $1.26M | ﹤0.01% |
+6,781
| New | +$1.33M |
|
1998
Dropbox
DBX
$7.6B
| $1.24M | ﹤0.01% |
40,909
+13,309
| +48% | +$364K |
|
|
ITCI
1999
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.22M | ﹤0.01% |
29,980
+5,364
| +22% | +$198K |
|
|
UMH
2000
UMH Properties
UMH
$1.29B
| $1.21M | ﹤0.01% |
+55,468
| New | +$1.18M |
|
Similar funds
Principal Financial Group's Q2 2021 Portfolio in Review
As of Q2 2021, Principal Financial Group held 2,712 positions worth $155B, up 8.9% from $142B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q2 2021 filing shows 231 new, 1,591 increased, 764 reduced and 116 closed positions. Its largest new stake was Lifestance Health: 2,210,167 shares worth $61.6M. The largest sale was Motorola Solutions, an estimated $309M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q2 2021 buy was Lifestance Health: 2,210,167 shares worth $61.6M.
- Principal Financial Group added most to CoStar Group in Q2 2021, an estimated $486M increase.
- Principal Financial Group's biggest Q2 2021 reduction was Motorola Solutions, cutting an estimated $309M.
- Principal Financial Group fully exited New Oriental in Q2 2021, selling an estimated $68.1M.
- Principal Financial Group's ten largest holdings make up 14% of its $155B portfolio in Q2 2021.
- Principal Financial Group opened 231 new positions and closed 116 in Q2 2021.
- Principal Financial Group's portfolio value rose 8.9% quarter-over-quarter to $155B.
Based on Principal Financial Group's 13F filing for Q2 2021, filed 10 Aug 2021.