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 |
Digital Realty Trust
DLR
|
+$405M |
| 2 |
Brookfield Asset Management
BAM
|
+$375M |
| 3 |
Gaming and Leisure Properties
GLPI
|
+$239M |
| 4 |
Welltower
WELL
|
+$218M |
| 5 |
American Tower
AMT
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STOR
STORE Capital Corporation
STOR
|
+$364M |
| 2 |
Brookfield
BN
|
+$235M |
| 3 |
Equinix
EQIX
|
+$232M |
| 4 |
Guidewire Software
GWRE
|
+$191M |
| 5 |
Liberty Broadband Class C
LBRDK
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.55% |
| 2 | Technology | 15.79% |
| 3 | Financials | 15.77% |
| 4 | Industrials | 10.84% |
| 5 | Consumer Discretionary | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FNA
2076
DELISTED
Paragon 28, Inc.
FNA
| $331K | ﹤0.01% |
+17,329
| New | +$328K |
|
|
PPLI
2077
People Inc
PPLI
$3.34B
| $330K | ﹤0.01% |
9,071
-1,475
| -14% | -$58.3K |
|
|
PFC
2078
DELISTED
Premier Financial Corp. Common Stock
PFC
| $328K | ﹤0.01% |
12,178
-141
| -1% | -$3.94K |
|
2079
Kearny Financial
KRNY
$612M
| $327K | ﹤0.01% |
32,192
+188
| +0.6% | +$1.89K |
|
2080
SentinelOne
S
$7.22B
| $322K | ﹤0.01% |
22,084
+1,057
| +5% | +$19.6K |
|
2081
Ingles Markets
IMKTA
$1.7B
| $321K | ﹤0.01% |
3,327
-564
| -14% | -$52.9K |
|
|
CWEN.A
2082
DELISTED
Clearway Energy Class A
CWEN.A
| $321K | ﹤0.01% |
+10,719
| New | +$335K |
|
2083
SandRidge Energy
SD
$494M
| $320K | ﹤0.01% |
18,769
+3,416
| +22% | +$63.9K |
|
2084
Marqeta
MQ
$1.8B
| $318K | ﹤0.01% |
13,025
-2,617
| -17% | -$71.4K |
|
2085
Enel Chile
ENIC
$6.29B
| $318K | ﹤0.01% |
141,191
-203,177
| -59% | -$374K |
|
|
FLNA
2086
Filana Therapeutics
FLNA
$47M
| $318K | ﹤0.01% |
10,754
+573
| +6% | +$20.6K |
|
|
SWTX
2087
DELISTED
SpringWorks Therapeutics
SWTX
| $317K | ﹤0.01% |
12,189
+2,614
| +27% | +$64.4K |
|
2088
Clearway Energy Class C
CWEN
$4.87B
| $314K | ﹤0.01% |
9,853
-1,978
| -17% | -$66.7K |
|
2089
Varonis Systems
VRNS
$5.04B
| $313K | ﹤0.01% |
13,089
-2,629
| -17% | -$60.1K |
|
|
PFHD
2090
DELISTED
Professional Holding Corp. Class A Common stock
PFHD
| $312K | ﹤0.01% |
+11,236
| New | +$312K |
|
|
RETA
2091
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $311K | ﹤0.01% |
+8,199
| New | +$282K |
|
2092
MannKind Corp
MNKD
$1.26B
| $311K | ﹤0.01% |
59,002
+2,980
| +5% | +$12.2K |
|
|
LSXMA
2093
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $309K | ﹤0.01% |
10,699
-932
| -8% | -$28.4K |
|
2094
ChargePoint
CHPT
$150M
| $306K | ﹤0.01% |
1,604
-459
| -22% | -$112K |
|
2095
Keros Therapeutics
KROS
$198M
| $301K | ﹤0.01% |
+6,277
| New | +$293K |
|
|
IMGO
2096
DELISTED
Imago BioSciences, Inc. Common stock
IMGO
| $300K | ﹤0.01% |
+8,356
| New | +$209K |
|
2097
Southern Copper
SCCO
$166B
| $299K | ﹤0.01% |
5,336
-73
| -1% | -$3.73K |
|
2098
Alector
ALEC
$167M
| $298K | ﹤0.01% |
32,313
+13,773
| +74% | +$120K |
|
|
VRAY
2099
DELISTED
ViewRay, Inc.
VRAY
| $297K | ﹤0.01% |
66,339
-9,456
| -12% | -$41.1K |
|
2100
Applovin
APP
$142B
| $297K | ﹤0.01% |
28,206
+2,470
| +10% | +$36.2K |
|
Similar funds
Principal Financial Group's Q4 2022 Portfolio in Review
As of Q4 2022, Principal Financial Group held 2,612 positions worth $133B, up 5.5% from $126B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q4 2022 filing shows 120 new, 876 increased, 1,421 reduced and 175 closed positions. Its largest new stake was Brookfield Asset Management: 12,455,054 shares worth $357M. The largest sale was STORE Capital Corporation, an estimated $364M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q4 2022 buy was Brookfield Asset Management: 12,455,054 shares worth $357M.
- Principal Financial Group added most to Digital Realty Trust in Q4 2022, an estimated $405M increase.
- Principal Financial Group's biggest Q4 2022 reduction was STORE Capital Corporation, cutting an estimated $364M.
- Principal Financial Group fully exited Petrobras in Q4 2022, selling an estimated $59M.
- Principal Financial Group's ten largest holdings make up 14% of its $133B portfolio in Q4 2022.
- Principal Financial Group opened 120 new positions and closed 175 in Q4 2022.
- Principal Financial Group's portfolio value rose 5.5% quarter-over-quarter to $133B.
Based on Principal Financial Group's 13F filing for Q4 2022, filed 9 Feb 2023.