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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$1.5B |
| 2 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$1.16B |
| 3 |
Principal Investment Grade Corporate Active ETF
IG
|
+$462M |
| 4 |
Principal Active High Yield ETF
YLD
|
+$198M |
| 5 |
Ventas
VTR
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COR
Coresite Realty Corporation
COR
|
+$276M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$197M |
| 3 |
Credit Acceptance
CACC
|
+$183M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$181M |
| 5 |
S&P Global
SPGI
|
+$132M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.23% |
| 2 | Real Estate | 17.07% |
| 3 | Financials | 13.47% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Healthcare | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FTCH
1976
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $1.01M | ﹤0.01% |
30,358
+2,506
| +9% | +$92.1K |
|
|
SMAR
1977
DELISTED
Smartsheet Inc.
SMAR
| $1.01M | ﹤0.01% |
13,051
+681
| +6% | +$47.6K |
|
1978
Annaly Capital Management
NLY
$17.1B
| $1.01M | ﹤0.01% |
32,274
-3,492
| -10% | -$117K |
|
1979
iRhythm Holdings
IRTC
$4.08B
| $1.01M | ﹤0.01% |
8,552
-3,436
| -29% | -$315K |
|
1980
Kodiak Sciences
KOD
$2.71B
| $1.01M | ﹤0.01% |
11,879
-5,399
| -31% | -$549K |
|
1981
FIVE9
FIVN
$2.28B
| $997K | ﹤0.01% |
7,260
+366
| +5% | +$54.1K |
|
1982
SI-BONE Inc
SIBN
$800M
| $992K | ﹤0.01% |
44,646
-1,865
| -4% | -$40.1K |
|
1983
Pacific Biosciences
PACB
$404M
| $986K | ﹤0.01% |
48,236
-18,355
| -28% | -$443K |
|
|
FBMS
1984
DELISTED
The First Bancshares, Inc.
FBMS
| $986K | ﹤0.01% |
+25,521
| New | +$1.02M |
|
1985
CI&T Inc
CINT
$455M
| $983K | ﹤0.01% |
+82,700
| New | +$1.13M |
|
1986
Elastic
ESTC
$7.29B
| $979K | ﹤0.01% |
7,956
+781
| +11% | +$118K |
|
1987
Zentalis Pharmaceuticals
ZNTL
$349M
| $972K | ﹤0.01% |
11,559
-4,272
| -27% | -$331K |
|
1988
Vistra
VST
$47.4B
| $970K | ﹤0.01% |
42,611
-5,100
| -11% | -$102K |
|
1989
Sinclair Inc
SBGI
$999M
| $967K | ﹤0.01% |
36,575
-77,360
| -68% | -$2.07M |
|
1990
Ionis Pharmaceuticals
IONS
$9B
| $966K | ﹤0.01% |
31,755
-10,930
| -26% | -$344K |
|
1991
First Citizens BancShares
FCNCA
$25.5B
| $963K | ﹤0.01% |
1,160
-105
| -8% | -$87.5K |
|
1992
SiriusXM
SIRI
$10.2B
| $961K | ﹤0.01% |
15,135
-347
| -2% | -$21.7K |
|
|
KRTX
1993
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $956K | ﹤0.01% |
7,293
-2,883
| -28% | -$373K |
|
1994
BlackLine
BL
$1.79B
| $955K | ﹤0.01% |
9,221
-8,318
| -47% | -$964K |
|
|
FFIC
1995
DELISTED
Flushing Financial
FFIC
| $951K | ﹤0.01% |
39,151
-164
| -0.4% | -$3.92K |
|
1996
Workiva
WK
$3.49B
| $950K | ﹤0.01% |
7,283
-1,702
| -19% | -$240K |
|
1997
IDT Corp
IDT
$1.65B
| $948K | ﹤0.01% |
21,457
+5,720
| +36% | +$291K |
|
1998
SiteOne Landscape Supply
SITE
$4.39B
| $945K | ﹤0.01% |
3,899
-107
| -3% | -$24.7K |
|
|
LSXMK
1999
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $942K | ﹤0.01% |
24,175
-56,780
| -70% | -$2.2M |
|
2000
Pinduoduo
PDD
$129B
| $934K | ﹤0.01% |
16,021
-1,100
| -6% | -$86.7K |
|
Similar funds
Principal Financial Group's Q4 2021 Portfolio in Review
As of Q4 2021, Principal Financial Group held 2,728 positions worth $168B, up 9.3% from $153B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2021 filing shows 154 new, 583 increased, 1,772 reduced and 205 closed positions. Its largest new stake was Principal Investment Grade Corporate Active ETF: 17,450,000 shares worth $459M. The largest sale was Coresite Realty Corporation, an estimated $276M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q4 2021 buy was Principal Investment Grade Corporate Active ETF: 17,450,000 shares worth $459M.
- Principal Financial Group added most to Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q4 2021, an estimated $1.5B increase.
- Principal Financial Group's biggest Q4 2021 reduction was IHS Markit Ltd. Common Shares, cutting an estimated $197M.
- Principal Financial Group fully exited Coresite Realty Corporation in Q4 2021, selling an estimated $276M.
- Principal Financial Group's ten largest holdings make up 15% of its $168B portfolio in Q4 2021.
- Principal Financial Group opened 154 new positions and closed 205 in Q4 2021.
- Principal Financial Group's portfolio value rose 9.3% quarter-over-quarter to $168B.
Based on Principal Financial Group's 13F filing for Q4 2021, filed 9 Feb 2022.