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 | |
|---|---|---|---|---|---|---|
2001
Bilibili
BILI
$7.75B
| $930K | ﹤0.01% |
20,035
+1,644
| +9% | +$110K |
|
2002
OneMain Financial
OMF
$7.5B
| $924K | ﹤0.01% |
18,473
-372,247
| -95% | -$19.7M |
|
2003
Acadia Pharmaceuticals
ACAD
$4.9B
| $921K | ﹤0.01% |
39,465
-18,378
| -32% | -$370K |
|
|
P
2004
Everpure Inc
P
$28.2B
| $920K | ﹤0.01% |
28,268
+1,181
| +4% | +$34.3K |
|
2005
First Financial Corp
THFF
$985M
| $915K | ﹤0.01% |
20,202
+4,337
| +27% | +$191K |
|
2006
Clarivate
CLVT
$1.23B
| $890K | ﹤0.01% |
37,824
+3,944
| +12% | +$91.3K |
|
2007
Community Trust Bancorp
CTBI
$1.43B
| $890K | ﹤0.01% |
20,419
-2,267
| -10% | -$98.8K |
|
|
PYCR
2008
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $889K | ﹤0.01% |
+30,851
| New | +$974K |
|
2009
Varonis Systems
VRNS
$5.04B
| $888K | ﹤0.01% |
18,210
-4,003
| -18% | -$228K |
|
2010
Waterstone Financial
WSBF
$377M
| $888K | ﹤0.01% |
+40,636
| New | +$860K |
|
2011
Weatherford International
WFRD
$6.31B
| $887K | ﹤0.01% |
+31,993
| New | +$877K |
|
|
FOLD
2012
DELISTED
Amicus Therapeutics
FOLD
| $886K | ﹤0.01% |
76,748
-31,624
| -29% | -$352K |
|
2013
Sensata Technologies
ST
$7.04B
| $883K | ﹤0.01% |
14,319
-1,660
| -10% | -$96.6K |
|
|
ATRI
2014
DELISTED
Atrion Corp
ATRI
| $873K | ﹤0.01% |
1,239
-697
| -36% | -$501K |
|
2015
Vertiv
VRT
$108B
| $870K | ﹤0.01% |
34,845
+5,890
| +20% | +$147K |
|
2016
Asana
ASAN
$2.01B
| $867K | ﹤0.01% |
11,634
-3,135
| -21% | -$332K |
|
|
WCN
2017
Waste Connections
WCN
$41.3B
| $861K | ﹤0.01% |
6,319
-44
| -0.7% | -$5.85K |
|
|
PFC
2018
DELISTED
Premier Financial Corp. Common Stock
PFC
| $856K | ﹤0.01% |
27,699
-3,265
| -11% | -$103K |
|
2019
Qiagen
QGEN
$8.65B
| $849K | ﹤0.01% |
14,406
-2,281
| -14% | -$131K |
|
|
VRAY
2020
DELISTED
ViewRay, Inc.
VRAY
| $834K | ﹤0.01% |
151,216
+89,890
| +147% | +$548K |
|
|
DHIL
2021
DELISTED
Diamond Hill
DHIL
| $825K | ﹤0.01% |
4,248
-672
| -14% | -$134K |
|
2022
1st Source
SRCE
$2.17B
| $824K | ﹤0.01% |
16,616
-5,805
| -26% | -$282K |
|
2023
Carlyle Group
CG
$18B
| $812K | ﹤0.01% |
14,800
+2,136
| +17% | +$116K |
|
2024
Ryman Hospitality Properties
RHP
$8.11B
| $809K | ﹤0.01% |
8,794
-1,950
| -18% | -$167K |
|
2025
Clearfield
CLFD
$446M
| $807K | ﹤0.01% |
9,554
-14,303
| -60% | -$898K |
|
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.