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 | |
|---|---|---|---|---|---|---|
2076
WillScot Mobile Mini Holdings
WSC
$4.41B
| $675K | ﹤0.01% |
24,324
+3,204
| +15% | +$84.1K |
|
2077
The RMR Group
RMR
$332M
| $673K | ﹤0.01% |
16,494
+1,252
| +8% | +$49.4K |
|
2078
Ardelyx
ARDX
$988M
| $672K | ﹤0.01% |
101,451
+2,704
| +3% | +$18.6K |
|
2079
TAL Education Group
TAL
$6.87B
| $672K | ﹤0.01% |
12,481
-105,801
| -89% | -$7.74M |
|
2080
iShares ESG Aware MSCI EM ETF
ESGE
$6.73B
| $671K | ﹤0.01% |
15,496
-2,169
| -12% | -$96.5K |
|
2081
Viant Technology
DSP
$265M
| $660K | ﹤0.01% |
+12,471
| New | +$641K |
|
2082
Ecovyst
ECVT
$1.14B
| $660K | ﹤0.01% |
39,523
+10,328
| +35% | +$164K |
|
2083
Americold
COLD
$4.27B
| $659K | ﹤0.01% |
17,141
+3,984
| +30% | +$143K |
|
|
MSGN
2084
DELISTED
MSG Networks Inc.
MSGN
| $659K | ﹤0.01% |
43,822
+3,542
| +9% | +$59.3K |
|
2085
Arcus Biosciences
RCUS
$3.64B
| $657K | ﹤0.01% |
23,414
-666
| -3% | -$23.2K |
|
|
IMDX
2086
Insight Molecular Diagnostics
IMDX
$156M
| $656K | ﹤0.01% |
6,319
+5,567
| +740% | +$529K |
|
|
ORBC
2087
DELISTED
ORBCOMM, Inc.
ORBC
| $645K | ﹤0.01% |
84,588
+6,478
| +8% | +$51K |
|
2088
ADMA Biologics
ADMA
$2.22B
| $634K | ﹤0.01% |
360,511
+24,953
| +7% | +$57.1K |
|
2089
Gaming and Leisure Properties
GLPI
$12.8B
| $634K | ﹤0.01% |
14,943
+1,979
| +15% | +$83.8K |
|
|
ITMR
2090
DELISTED
Itamar Medical Ltd. American Depository Shares
ITMR
| $633K | ﹤0.01% |
+26,427
| New | +$629K |
|
|
PPD
2091
DELISTED
PPD, Inc. Common Stock
PPD
| $632K | ﹤0.01% |
16,699
-1,396
| -8% | -$50.1K |
|
|
AGEN
2092
Agenus
AGEN
$290M
| $631K | ﹤0.01% |
11,827
+487
| +4% | +$35.2K |
|
2093
Ovintiv
OVV
$16.4B
| $631K | ﹤0.01% |
26,484
+9,802
| +59% | +$210K |
|
2094
Heron Therapeutics
HRTX
$92.9M
| $630K | ﹤0.01% |
38,879
-2,074
| -5% | -$37K |
|
|
ATRI
2095
DELISTED
Atrion Corp
ATRI
| $630K | ﹤0.01% |
983
-291
| -23% | -$193K |
|
2096
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.19B
| $627K | ﹤0.01% |
21,122
+8,000
| +61% | +$238K |
|
2097
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $627K | ﹤0.01% |
11,461
+1,759
| +18% | +$96.6K |
|
2098
Madrigal Pharmaceuticals
MDGL
$11.8B
| $625K | ﹤0.01% |
5,346
-61
| -1% | -$7.11K |
|
2099
AGNC Investment
AGNC
$12.9B
| $622K | ﹤0.01% |
37,099
+4,915
| +15% | +$79.4K |
|
2100
Ares Management
ARES
$30.9B
| $620K | ﹤0.01% |
11,071
-911
| -8% | -$45.8K |
|
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.