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 | |
|---|---|---|---|---|---|---|
2051
Beyond Meat
BYND
$292M
| $952K | ﹤0.01% |
6,045
+609
| +11% | +$81K |
|
|
SMAR
2052
DELISTED
Smartsheet Inc.
SMAR
| $945K | ﹤0.01% |
13,062
+542
| +4% | +$33.8K |
|
2053
AGNC Investment
AGNC
$12.4B
| $941K | ﹤0.01% |
55,724
+18,625
| +50% | +$331K |
|
2054
Baidu
BIDU
$37.7B
| $935K | ﹤0.01% |
4,588
-32,226
| -88% | -$6.45M |
|
|
BBBY
2055
Bed Bath & Beyond
BBBY
$481M
| $934K | ﹤0.01% |
11,145
+2,108
| +23% | +$153K |
|
2056
Veracyte
VCYT
$3.7B
| $929K | ﹤0.01% |
23,254
-3,486
| -13% | -$149K |
|
2057
Globant
GLOB
$1.58B
| $927K | ﹤0.01% |
4,230
-97
| -2% | -$21.3K |
|
2058
Community Trust Bancorp
CTBI
$1.42B
| $923K | ﹤0.01% |
22,859
+10,739
| +89% | +$471K |
|
|
KYNB
2059
Kyntra Bio
KYNB
$27.2M
| $917K | ﹤0.01% |
1,378
-12,211
| -90% | -$7.03M |
|
2060
Lexicon Pharmaceuticals
LXRX
$1.03B
| $915K | ﹤0.01% |
199,282
+17,420
| +10% | +$83.9K |
|
2061
Aramark
ARMK
$15B
| $902K | ﹤0.01% |
33,545
+11,907
| +55% | +$327K |
|
2062
Clearfield
CLFD
$411M
| $900K | ﹤0.01% |
+24,031
| New | +$854K |
|
2063
Rocket Pharmaceuticals
RCKT
$340M
| $900K | ﹤0.01% |
20,336
+97
| +0.5% | +$4.21K |
|
2064
Axogen
AXGN
$2.27B
| $899K | ﹤0.01% |
+41,618
| New | +$841K |
|
2065
Q2 Holdings
QTWO
$3.8B
| $897K | ﹤0.01% |
8,744
-1,996
| -19% | -$200K |
|
2066
Western Alliance Bancorporation
WAL
$8.79B
| $896K | ﹤0.01% |
9,647
-115,770
| -92% | -$11.5M |
|
|
SCPX
2067
DELISTED
Scorpius Holdings, Inc.
SCPX
| $892K | ﹤0.01% |
33
-5
| -13% | -$136K |
|
2068
Qiagen
QGEN
$8.54B
| $889K | ﹤0.01% |
17,320
+2,806
| +19% | +$145K |
|
2069
Vanguard Health Care ETF
VHT
$18.1B
| $889K | ﹤0.01% |
3,598
+467
| +15% | +$112K |
|
|
PFC
2070
DELISTED
Premier Financial Corp. Common Stock
PFC
| $886K | ﹤0.01% |
31,196
+4,753
| +18% | +$147K |
|
2071
Axsome Therapeutics
AXSM
$11.2B
| $882K | ﹤0.01% |
13,064
-1,131
| -8% | -$67.9K |
|
2072
Cass Information Systems
CASS
$714M
| $867K | ﹤0.01% |
21,274
+14,208
| +201% | +$640K |
|
2073
Appian
APPN
$1.98B
| $866K | ﹤0.01% |
6,289
-1,301
| -17% | -$148K |
|
|
ALX
2074
Alexander's
ALX
$1.3B
| $854K | ﹤0.01% |
3,187
-43
| -1% | -$11.9K |
|
|
TTOO
2075
DELISTED
T2 Biosystems, Inc
TTOO
| $854K | ﹤0.01% |
144
+24
| +20% | +$155K |
|
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.