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 | |
|---|---|---|---|---|---|---|
2151
Schwab US Large- Cap ETF
SCHX
$73.9B
| $434K | ﹤0.01% |
+24,156
| New | +$428K |
|
2152
Amneal Pharmaceuticals
AMRX
$5.77B
| $432K | ﹤0.01% |
103,567
-34,474
| -25% | -$153K |
|
2153
Pacific Biosciences
PACB
$363M
| $431K | ﹤0.01% |
47,379
-857
| -2% | -$9.87K |
|
|
SCPL
2154
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $430K | ﹤0.01% |
33,308
-16,796
| -34% | -$212K |
|
|
AYX
2155
DELISTED
Alteryx Inc
AYX
| $429K | ﹤0.01% |
5,998
-568
| -9% | -$33.5K |
|
2156
VanEck Short Muni ETF
SMB
$312M
| $426K | ﹤0.01% |
+24,903
| New | +$436K |
|
2157
Armstrong World Industries
AWI
$7.78B
| $425K | ﹤0.01% |
4,727
+506
| +12% | +$49K |
|
|
SJR
2158
DELISTED
Shaw Communications Inc.
SJR
| $421K | ﹤0.01% |
+13,538
| New | +$406K |
|
2159
Origin Bancorp
OBK
$1.67B
| $419K | ﹤0.01% |
9,902
-5,075
| -34% | -$222K |
|
2160
Artisan Partners
APAM
$3.06B
| $418K | ﹤0.01% |
10,630
+675
| +7% | +$27.4K |
|
2161
Clearfield
CLFD
$362M
| $418K | ﹤0.01% |
6,410
-3,144
| -33% | -$197K |
|
2162
Freshpet
FRPT
$3.28B
| $414K | ﹤0.01% |
4,030
-394
| -9% | -$37.1K |
|
2163
Outfront Media
OUT
$5.48B
| $414K | ﹤0.01% |
14,792
-535
| -3% | -$13.8K |
|
2164
Riot Platforms
RIOT
$8.02B
| $413K | ﹤0.01% |
19,522
+4,391
| +29% | +$79.3K |
|
|
LSXMA
2165
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $413K | ﹤0.01% |
12,294
-2,631
| -18% | -$92.5K |
|
2166
Aviat Networks
AVNW
$272M
| $409K | ﹤0.01% |
13,283
-6,655
| -33% | -$194K |
|
|
OCDX
2167
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $408K | ﹤0.01% |
21,871
+1,390
| +7% | +$25K |
|
2168
Regional Management Corp
RM
$305M
| $407K | ﹤0.01% |
8,374
-4,194
| -33% | -$212K |
|
2169
Allison Transmission
ALSN
$9.64B
| $406K | ﹤0.01% |
10,342
-72
| -0.7% | -$2.83K |
|
|
ATRS
2170
DELISTED
Antares Pharma, Inc.
ATRS
| $406K | ﹤0.01% |
99,106
-32,454
| -25% | -$118K |
|
|
CMBM
2171
DELISTED
Cambium Networks
CMBM
| $404K | ﹤0.01% |
17,110
-8,595
| -33% | -$208K |
|
|
CLR
2172
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $398K | ﹤0.01% |
6,488
+1,759
| +37% | +$97.6K |
|
2173
Camden National
CAC
$992M
| $395K | ﹤0.01% |
8,406
-4,194
| -33% | -$207K |
|
2174
AppFolio
APPF
$6.87B
| $392K | ﹤0.01% |
3,462
+222
| +7% | +$25.6K |
|
|
ISEE
2175
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $392K | ﹤0.01% |
23,338
-1,008
| -4% | -$14.9K |
|
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.