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 | |
|---|---|---|---|---|---|---|
|
PFC
2026
DELISTED
Premier Financial Corp. Common Stock
PFC
| $879K | ﹤0.01% |
26,443
+2,028
| +8% | +$59.9K |
|
2027
Puma Biotechnology
PBYI
$443M
| $872K | ﹤0.01% |
89,683
+6,795
| +8% | +$75.9K |
|
2028
TriCo Bancshares
TCBK
$1.85B
| $853K | ﹤0.01% |
18,004
+1,368
| +8% | +$59K |
|
|
FTCH
2029
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $850K | ﹤0.01% |
16,030
+1,852
| +13% | +$113K |
|
2030
First Busey Corp
BUSE
$2.58B
| $843K | ﹤0.01% |
32,876
+2,505
| +8% | +$59.1K |
|
2031
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $835K | ﹤0.01% |
6,163
-480
| -7% | -$69.6K |
|
|
ITCI
2032
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $835K | ﹤0.01% |
24,616
+1,724
| +8% | +$59.8K |
|
2033
W.P. Carey
WPC
$16.4B
| $829K | ﹤0.01% |
11,956
+1,584
| +15% | +$106K |
|
|
GBT
2034
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $826K | ﹤0.01% |
20,272
+407
| +2% | +$18.7K |
|
2035
Rapid7
RPD
$753M
| $823K | ﹤0.01% |
11,029
-1,984
| -15% | -$165K |
|
|
QTS
2036
DELISTED
QTS REALTY TRUST, INC.
QTS
| $823K | ﹤0.01% |
13,273
-2,274
| -15% | -$142K |
|
2037
Elastic
ESTC
$7.76B
| $819K | ﹤0.01% |
7,366
-611
| -8% | -$86.8K |
|
|
ENV
2038
DELISTED
ENVESTNET, INC.
ENV
| $818K | ﹤0.01% |
11,326
-2,117
| -16% | -$165K |
|
|
SUMO
2039
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $811K | ﹤0.01% |
43,000
-8,400
| -16% | -$245K |
|
2040
Axsome Therapeutics
AXSM
$10.9B
| $804K | ﹤0.01% |
14,195
-522
| -4% | -$36.7K |
|
2041
iShares Core Universal USD Bond ETF
IUSB
$43.1B
| $804K | ﹤0.01% |
+15,242
| New | +$817K |
|
2042
Vanguard Total Bond Market
BND
$158B
| $802K | ﹤0.01% |
9,469
+4,417
| +87% | +$381K |
|
|
PFPT
2043
DELISTED
Proofpoint, Inc.
PFPT
| $801K | ﹤0.01% |
6,365
-562
| -8% | -$73.2K |
|
|
SMAR
2044
DELISTED
Smartsheet Inc.
SMAR
| $800K | ﹤0.01% |
12,520
-1,040
| -8% | -$72.8K |
|
2045
FuelCell Energy
FCEL
$1.62B
| $797K | ﹤0.01% |
1,844
+25
| +1% | +$13.4K |
|
|
DRNA
2046
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $783K | ﹤0.01% |
30,611
-1,533
| -5% | -$39.2K |
|
|
BMTC
2047
DELISTED
Bryn Mawr Bank Corp
BMTC
| $782K | ﹤0.01% |
17,179
+1,326
| +8% | +$50.5K |
|
2048
Dell
DELL
$293B
| $781K | ﹤0.01% |
17,497
+6,426
| +58% | +$263K |
|
2049
OneSpaWorld
OSW
$2.69B
| $778K | ﹤0.01% |
+73,083
| New | +$738K |
|
2050
Bally's
BALY
$646M
| $776K | ﹤0.01% |
11,941
-198
| -2% | -$11.7K |
|
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.