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 | |
|---|---|---|---|---|---|---|
2126
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $557K | ﹤0.01% |
+10,430
| New | +$561K |
|
2127
ARK Innovation ETF
ARKK
$6.31B
| $556K | ﹤0.01% |
4,638
-319
| -6% | -$43.2K |
|
2128
Nutanix
NTNX
$16.9B
| $554K | ﹤0.01% |
20,864
-1,930
| -8% | -$58.7K |
|
2129
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $547K | ﹤0.01% |
5,258
+4
| +0.1% | +$390 |
|
2130
iShares MSCI USA Value Factor ETF
VLUE
$9.44B
| $545K | ﹤0.01% |
5,321
+54
| +1% | +$5.2K |
|
|
CHNG
2131
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $545K | ﹤0.01% |
24,669
-1,183
| -5% | -$27.4K |
|
|
BBBY
2132
Bed Bath & Beyond
BBBY
$442M
| $544K | ﹤0.01% |
9,037
-1,219
| -12% | -$82.5K |
|
2133
Invesco Global Listed Private Equity ETF
PSP
$246M
| $540K | ﹤0.01% |
7,439
-3
| -0% | -$213 |
|
2134
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.03B
| $537K | ﹤0.01% |
6,545
-283
| -4% | -$21.8K |
|
2135
Voya Financial
VOYA
$9.19B
| $536K | ﹤0.01% |
8,430
-10,602
| -56% | -$637K |
|
2136
Community Trust Bancorp
CTBI
$1.41B
| $534K | ﹤0.01% |
12,120
+936
| +8% | +$38.5K |
|
2137
International Seaways
INSW
$4.57B
| $534K | ﹤0.01% |
27,532
+2,106
| +8% | +$39K |
|
|
FFIC
2138
DELISTED
Flushing Financial
FFIC
| $533K | ﹤0.01% |
25,099
+1,914
| +8% | +$39.5K |
|
2139
Vertiv
VRT
$105B
| $533K | ﹤0.01% |
26,653
-276
| -1% | -$5.57K |
|
2140
First Financial Corp
THFF
$969M
| $532K | ﹤0.01% |
11,820
+897
| +8% | +$38.1K |
|
2141
Ferrari
RACE
$72.5B
| $523K | ﹤0.01% |
2,500
-5,700
| -70% | -$1.17M |
|
2142
Erie Indemnity
ERIE
$13.2B
| $522K | ﹤0.01% |
2,363
-43
| -2% | -$10.4K |
|
|
NGMS
2143
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $518K | ﹤0.01% |
+14,486
| New | +$463K |
|
|
RNAM
2144
DELISTED
Avidity Biosciences
RNAM
| $513K | ﹤0.01% |
23,526
+1,758
| +8% | +$43K |
|
|
TBIO
2145
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $512K | ﹤0.01% |
31,031
-1,559
| -5% | -$35.5K |
|
2146
SelectQuote
SLQT
$121M
| $509K | ﹤0.01% |
+17,245
| New | +$452K |
|
2147
Champion Homes
SKY
$5.14B
| $508K | ﹤0.01% |
11,216
-2,099
| -16% | -$84.3K |
|
2148
Amplify Cybersecurity ETF
HACK
$2.9B
| $507K | ﹤0.01% |
9,233
-56
| -0.6% | -$3.28K |
|
2149
iQIYI
IQ
$1.28B
| $505K | ﹤0.01% |
30,400
+3,200
| +12% | +$73.9K |
|
|
MIME
2150
DELISTED
Mimecast Limited
MIME
| $502K | ﹤0.01% |
12,495
-1,973
| -14% | -$86.9K |
|
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.