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 |
Microsoft
MSFT
|
+$364M |
| 2 |
Moody's
MCO
|
+$313M |
| 3 |
VICI Properties
VICI
|
+$247M |
| 4 |
Progressive
PGR
|
+$240M |
| 5 |
Amazon
AMZN
|
+$197M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$251M |
| 2 |
Etsy
ETSY
|
+$209M |
| 3 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$202M |
| 4 |
Healthcare Realty
HR
|
+$191M |
| 5 |
PayPal
PYPL
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.6% |
| 2 | Technology | 16.41% |
| 3 | Financials | 14.71% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
BlackLine
BL
$1.94B
| $571K | ﹤0.01% |
8,571
-1,274
| -13% | -$87.2K |
|
2027
Columbia Financial
CLBK
$1.12B
| $571K | ﹤0.01% |
26,154
-17,561
| -40% | -$366K |
|
2028
QCR Holdings
QCRH
$1.72B
| $571K | ﹤0.01% |
10,571
-2,051
| -16% | -$112K |
|
2029
Arvinas
ARVN
$581M
| $569K | ﹤0.01% |
13,502
-758
| -5% | -$38K |
|
2030
Bright Horizons
BFAM
$3.98B
| $568K | ﹤0.01% |
6,721
-690,112
| -99% | -$68.6M |
|
|
ECHO
2031
EchoStar
ECHO
$26.6B
| $566K | ﹤0.01% |
+29,293
| New | +$661K |
|
2032
Fortis
FTS
$28.9B
| $564K | ﹤0.01% |
11,950
-837
| -7% | -$41K |
|
2033
U-Haul Holding Co
UHAL
$14.4B
| $556K | ﹤0.01% |
11,640
+2,960
| +34% | +$153K |
|
2034
Blue Owl Capital
OWL
$7.82B
| $551K | ﹤0.01% |
+54,952
| New | +$659K |
|
|
AGEN
2035
Agenus
AGEN
$346M
| $546K | ﹤0.01% |
14,359
-405
| -3% | -$14.7K |
|
|
SMAR
2036
DELISTED
Smartsheet Inc.
SMAR
| $541K | ﹤0.01% |
17,204
+5,312
| +45% | +$220K |
|
|
GBT
2037
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $541K | ﹤0.01% |
16,943
-27,686
| -62% | -$810K |
|
2038
Axalta
AXTA
$8.05B
| $540K | ﹤0.01% |
24,419
+4,140
| +20% | +$105K |
|
2039
Ginkgo Bioworks
DNA
$612M
| $538K | ﹤0.01% |
+5,657
| New | +$690K |
|
2040
Weatherford International
WFRD
$6.41B
| $538K | ﹤0.01% |
25,425
+4,276
| +20% | +$136K |
|
2041
Albertsons Companies
ACI
$5.86B
| $536K | ﹤0.01% |
20,054
+4,272
| +27% | +$131K |
|
2042
BlueLinx
BXC
$502M
| $536K | ﹤0.01% |
8,026
-3,633
| -31% | -$273K |
|
|
ALX
2043
Alexander's
ALX
$1.4B
| $535K | ﹤0.01% |
+2,410
| New | +$582K |
|
2044
CRISPR Therapeutics
CRSP
$5.23B
| $534K | ﹤0.01% |
8,794
-21
| -0.2% | -$1.24K |
|
|
FFIC
2045
DELISTED
Flushing Financial
FFIC
| $532K | ﹤0.01% |
24,999
-1,040
| -4% | -$22.8K |
|
2046
Vanguard Morningstar Small-Cap ETF
VB
$82.3B
| $532K | ﹤0.01% |
3,017
+705
| +30% | +$136K |
|
2047
SandRidge Energy
SD
$500M
| $530K | ﹤0.01% |
+33,845
| New | +$678K |
|
2048
N-able
NABL
$981M
| $522K | ﹤0.01% |
+57,948
| New | +$568K |
|
2049
Thomson Reuters
TRI
$47.6B
| $522K | ﹤0.01% |
4,760
-18
| -0.4% | -$1.91K |
|
|
LYLT
2050
DELISTED
Loyalty Ventures Inc. Common Stock
LYLT
| $521K | ﹤0.01% |
145,900
-7,600
| -5% | -$81.4K |
|
Similar funds
Principal Financial Group's Q2 2022 Portfolio in Review
As of Q2 2022, Principal Financial Group held 2,734 positions worth $135B, down 15% from $159B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q2 2022 filing shows 195 new, 1,135 increased, 1,153 reduced and 225 closed positions. Its largest new stake was ESAB: 862,950 shares worth $37.8M. The largest sale was Salesforce, an estimated $251M.
By sector, the portfolio is most concentrated in Real Estate at 18% of assets, up from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q2 2022 buy was ESAB: 862,950 shares worth $37.8M.
- Principal Financial Group added most to Microsoft in Q2 2022, an estimated $364M increase.
- Principal Financial Group's biggest Q2 2022 reduction was Salesforce, cutting an estimated $251M.
- Principal Financial Group fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $202M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q2 2022.
- Principal Financial Group opened 195 new positions and closed 225 in Q2 2022.
- Principal Financial Group's portfolio value fell 15% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q2 2022, filed 10 Aug 2022.