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 | |
|---|---|---|---|---|---|---|
|
SURF
2001
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $1.21M | ﹤0.01% |
+161,481
| New | +$1.24M |
|
|
RNAM
2002
DELISTED
Avidity Biosciences
RNAM
| $1.19M | ﹤0.01% |
48,232
+24,706
| +105% | +$575K |
|
2003
Chegg
CHGG
$110M
| $1.19M | ﹤0.01% |
14,335
-300
| -2% | -$24.9K |
|
2004
Kearny Financial
KRNY
$604M
| $1.19M | ﹤0.01% |
99,366
+18,604
| +23% | +$235K |
|
2005
Spok Holdings
SPOK
$228M
| $1.19M | ﹤0.01% |
123,422
+950
| +0.8% | +$10.1K |
|
|
CODX
2006
Co-Diagnostics
CODX
$5.31M
| $1.17M | ﹤0.01% |
4,738
-673
| -12% | -$173K |
|
|
TCS
2007
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.17M | ﹤0.01% |
+5,961
| New | +$1.24M |
|
2008
PTC Therapeutics
PTCT
$5.68B
| $1.16M | ﹤0.01% |
27,339
-890
| -3% | -$38.1K |
|
2009
iShares Core Universal USD Bond ETF
IUSB
$42.9B
| $1.15M | ﹤0.01% |
21,501
+6,259
| +41% | +$332K |
|
2010
Clarivate
CLVT
$1.27B
| $1.14M | ﹤0.01% |
+41,544
| New | +$1.14M |
|
2011
Altimmune
ALT
$552M
| $1.14M | ﹤0.01% |
115,491
-59,467
| -34% | -$813K |
|
|
NSTG
2012
DELISTED
NanoString Technologies, Inc.
NSTG
| $1.12M | ﹤0.01% |
17,265
-80,177
| -82% | -$5.09M |
|
|
KRTX
2013
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $1.12M | ﹤0.01% |
9,786
+503
| +5% | +$58.8K |
|
2014
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $1.11M | ﹤0.01% |
7,711
+1,548
| +25% | +$216K |
|
|
RJI
2015
DELISTED
AB Svensk Ekportkredit ELEMENTS Linked to the Rogers International Commodity Index-Total Return
RJI
| $1.11M | ﹤0.01% |
175,298
+2,055
| +1% | +$12.4K |
|
|
VER
2016
DELISTED
VEREIT, Inc.
VER
| $1.11M | ﹤0.01% |
24,125
+9,403
| +64% | +$426K |
|
2017
SiriusXM
SIRI
$9.98B
| $1.11M | ﹤0.01% |
16,925
-50
| -0.3% | -$3.13K |
|
2018
First Busey Corp
BUSE
$2.57B
| $1.1M | ﹤0.01% |
44,824
+11,948
| +36% | +$307K |
|
2019
Relay Therapeutics
RLAY
$4.1B
| $1.09M | ﹤0.01% |
29,850
+21,147
| +243% | +$697K |
|
|
VMEO
2020
DELISTED
Vimeo
VMEO
| $1.09M | ﹤0.01% |
+22,174
| New | +$1.02M |
|
2021
Elastic
ESTC
$6.84B
| $1.08M | ﹤0.01% |
7,437
+71
| +1% | +$8.88K |
|
|
TBHC
2022
DELISTED
The Brand House Collective
TBHC
| $1.08M | ﹤0.01% |
+47,067
| New | +$1.26M |
|
|
PFPT
2023
DELISTED
Proofpoint, Inc.
PFPT
| $1.07M | ﹤0.01% |
6,181
-184
| -3% | -$29.9K |
|
|
DRNA
2024
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $1.07M | ﹤0.01% |
28,628
-1,983
| -6% | -$60.8K |
|
2025
BellRing Brands
BRBR
$1.44B
| $1.06M | ﹤0.01% |
+33,778
| New | +$922K |
|
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.