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 |
Brookfield
BN
|
+$274M |
| 2 |
Visa
V
|
+$215M |
| 3 |
Toronto Dominion Bank
TD
|
+$209M |
| 4 |
Canadian National Railway
CNI
|
+$206M |
| 5 |
HEICO Corp Class A
HEI.A
|
+$199M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$423M |
| 2 |
NVIDIA
NVDA
|
+$253M |
| 3 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$245M |
| 4 |
Invitation Homes
INVH
|
+$236M |
| 5 |
Mettler-Toledo International
MTD
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.55% |
| 2 | Real Estate | 17.45% |
| 3 | Financials | 14.34% |
| 4 | Consumer Discretionary | 11.05% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Certara
CERT
$1.24B
| $611K | ﹤0.01% |
28,433
+572
| +2% | +$13.7K |
|
2077
Gorman-Rupp
GRC
$2.23B
| $606K | ﹤0.01% |
16,880
+3,666
| +28% | +$142K |
|
2078
BioCryst Pharmaceuticals
BCRX
$2.38B
| $601K | ﹤0.01% |
36,992
-1,509
| -4% | -$24.2K |
|
|
WOW
2079
DELISTED
WideOpenWest
WOW
| $600K | ﹤0.01% |
34,391
-17,314
| -33% | -$322K |
|
2080
Carriage Services
CSV
$587M
| $589K | ﹤0.01% |
11,037
-5,594
| -34% | -$295K |
|
2081
State Street SPDR S&P 500 ESG ETF
EFIV
$1.03B
| $586K | ﹤0.01% |
+13,500
| New | +$576K |
|
2082
Kosmos Energy
KOS
$1.47B
| $586K | ﹤0.01% |
81,479
+5,176
| +7% | +$26.4K |
|
|
FFIC
2083
DELISTED
Flushing Financial
FFIC
| $582K | ﹤0.01% |
26,039
-13,112
| -33% | -$313K |
|
2084
First Financial Corp
THFF
$981M
| $579K | ﹤0.01% |
13,383
-6,819
| -34% | -$309K |
|
2085
State Street SPDR S&P Bank ETF
KBE
$1.66B
| $575K | ﹤0.01% |
+10,993
| New | +$613K |
|
|
FBMS
2086
DELISTED
The First Bancshares, Inc.
FBMS
| $571K | ﹤0.01% |
16,953
-8,568
| -34% | -$311K |
|
|
FRG
2087
DELISTED
Franchise Group, Inc.
FRG
| $567K | ﹤0.01% |
13,682
-6,818
| -33% | -$316K |
|
|
WBT
2088
DELISTED
Welbilt, Inc.
WBT
| $564K | ﹤0.01% |
23,742
+1,508
| +7% | +$35.8K |
|
2089
CareDx
CDNA
$2.32B
| $561K | ﹤0.01% |
15,155
+248
| +2% | +$9.66K |
|
2090
Community Trust Bancorp
CTBI
$1.42B
| $560K | ﹤0.01% |
13,601
-6,818
| -33% | -$296K |
|
|
PFC
2091
DELISTED
Premier Financial Corp. Common Stock
PFC
| $559K | ﹤0.01% |
18,431
-9,268
| -33% | -$285K |
|
2092
Aclaris Therapeutics
ACRS
$851M
| $556K | ﹤0.01% |
32,253
-13,152
| -29% | -$179K |
|
2093
CRISPR Therapeutics
CRSP
$4.99B
| $553K | ﹤0.01% |
8,815
-344
| -4% | -$21.6K |
|
2094
Rogers Communications
RCI
$18.7B
| $552K | ﹤0.01% |
+9,751
| New | +$504K |
|
2095
iShares MSCI Taiwan ETF
EWT
$10.6B
| $551K | ﹤0.01% |
+8,959
| New | +$574K |
|
2096
Thomson Reuters
TRI
$43.4B
| $547K | ﹤0.01% |
+4,778
| New | +$533K |
|
2097
Zentalis Pharmaceuticals
ZNTL
$356M
| $547K | ﹤0.01% |
11,862
+303
| +3% | +$16.3K |
|
|
TMX
2098
DELISTED
Terminix Global Holdings, Inc.
TMX
| $538K | ﹤0.01% |
11,785
+3,625
| +44% | +$156K |
|
|
CHNG
2099
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $528K | ﹤0.01% |
24,207
+7,591
| +46% | +$158K |
|
2100
Albertsons Companies
ACI
$5.86B
| $525K | ﹤0.01% |
15,782
-5,443
| -26% | -$169K |
|
Similar funds
Principal Financial Group's Q1 2022 Portfolio in Review
As of Q1 2022, Principal Financial Group held 2,636 positions worth $159B, down 5.3% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q1 2022 filing shows 113 new, 868 increased, 1,537 reduced and 97 closed positions. Its largest new stake was Toronto Dominion Bank: 2,598,948 shares worth $206M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $423M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2022 buy was Toronto Dominion Bank: 2,598,948 shares worth $206M.
- Principal Financial Group added most to Brookfield in Q1 2022, an estimated $274M increase.
- Principal Financial Group's biggest Q1 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $423M.
- Principal Financial Group fully exited Sterling Bancorp in Q1 2022, selling an estimated $93.8M.
- Principal Financial Group's ten largest holdings make up 15% of its $159B portfolio in Q1 2022.
- Principal Financial Group opened 113 new positions and closed 97 in Q1 2022.
- Principal Financial Group's portfolio value fell 5.3% quarter-over-quarter to $159B.
Based on Principal Financial Group's 13F filing for Q1 2022, filed 9 May 2022.