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 |
Equinix
EQIX
|
+$334M |
| 2 |
Welltower
WELL
|
+$214M |
| 3 |
Brookfield
BN
|
+$175M |
| 4 |
Extra Space Storage
EXR
|
+$158M |
| 5 |
MSCI
MSCI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$373M |
| 2 |
Dollar General
DG
|
+$238M |
| 3 |
Moody's
MCO
|
+$192M |
| 4 |
CubeSmart
CUBE
|
+$184M |
| 5 |
Equity Lifestyle Properties
ELS
|
+$166M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.93% |
| 2 | Financials | 15.34% |
| 3 | Real Estate | 15.22% |
| 4 | Consumer Discretionary | 11.31% |
| 5 | Industrials | 11.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MORF
2151
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $211K | ﹤0.01% |
9,212
+424
| +5% | +$22.3K |
|
|
CCC
2152
CCC Intelligent Solutions
CCC
$3.71B
| $211K | ﹤0.01% |
15,807
+826
| +6% | +$9.06K |
|
2153
Opendoor
OPEN
$3.97B
| $210K | ﹤0.01% |
82,380
+22,118
| +37% | +$79.7K |
|
2154
DHT Holdings
DHT
$2.98B
| $209K | ﹤0.01% |
20,299
+5,725
| +39% | +$53.6K |
|
2155
PagSeguro Digital
PAGS
$2.68B
| $209K | ﹤0.01% |
24,274
+1,745
| +8% | +$16.4K |
|
2156
PagerDuty
PD
$871M
| $209K | ﹤0.01% |
9,276
-799
| -8% | -$19.1K |
|
2157
Nextpower Inc
NXT
$13.8B
| $208K | ﹤0.01% |
+5,184
| New | +$210K |
|
2158
Keros Therapeutics
KROS
$200M
| $208K | ﹤0.01% |
6,512
-100
| -2% | -$3.73K |
|
2159
Covenant Logistics
CVLG
$888M
| $207K | ﹤0.01% |
+9,460
| New | +$229K |
|
2160
Cogent Biosciences
COGT
$6.64B
| $207K | ﹤0.01% |
21,267
+2,803
| +15% | +$33.2K |
|
|
BRY
2161
DELISTED
Berry Corp
BRY
| $207K | ﹤0.01% |
25,279
+8,147
| +48% | +$65.3K |
|
2162
Laureate Education
LAUR
$5.18B
| $207K | ﹤0.01% |
14,681
-552
| -4% | -$7.42K |
|
|
SP
2163
DELISTED
SP Plus Corporation
SP
| $207K | ﹤0.01% |
+5,723
| New | +$222K |
|
2164
LendingTree
TREE
$448M
| $205K | ﹤0.01% |
+13,223
| New | +$268K |
|
2165
ACV Auctions
ACVA
$1.4B
| $202K | ﹤0.01% |
13,291
-1,717
| -11% | -$27.9K |
|
2166
Amalgamated Financial
AMAL
$1.49B
| $200K | ﹤0.01% |
+11,632
| New | +$211K |
|
|
PNT
2167
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $200K | ﹤0.01% |
30,000
+4,532
| +18% | +$37.7K |
|
2168
i3 Verticals
IIIV
$418M
| $200K | ﹤0.01% |
+9,463
| New | +$219K |
|
2169
Cannae Holdings
CNNE
$655M
| $198K | ﹤0.01% |
+10,617
| New | +$209K |
|
|
INBX
2170
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $198K | ﹤0.01% |
10,771
+428
| +4% | +$8.96K |
|
2171
Kura Oncology
KURA
$841M
| $196K | ﹤0.01% |
21,464
+3,877
| +22% | +$39.4K |
|
|
SHYF
2172
DELISTED
The Shyft Group
SHYF
| $196K | ﹤0.01% |
13,074
+2,888
| +28% | +$48.7K |
|
2173
Perella Weinberg Partners
PWP
$1.25B
| $194K | ﹤0.01% |
19,034
+4,607
| +32% | +$46.9K |
|
2174
SFL Corp
SFL
$1.65B
| $190K | ﹤0.01% |
17,047
+4,814
| +39% | +$49.9K |
|
|
NAPA
2175
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $190K | ﹤0.01% |
18,505
+5,833
| +46% | +$72.2K |
|
Similar funds
Principal Financial Group's Q3 2023 Portfolio in Review
As of Q3 2023, Principal Financial Group held 2,502 positions worth $139B, down 4.9% from $146B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Principal Financial Group's Q3 2023 filing shows 85 new, 937 increased, 1,382 reduced and 66 closed positions. Its largest new stake was TKO Group: 1,062,731 shares worth $89.3M. The largest sale was Black Knight, Inc. Common Stock, an estimated $373M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q3 2023 buy was TKO Group: 1,062,731 shares worth $89.3M.
- Principal Financial Group added most to Equinix in Q3 2023, an estimated $334M increase.
- Principal Financial Group's biggest Q3 2023 reduction was Dollar General, cutting an estimated $238M.
- Principal Financial Group fully exited Black Knight, Inc. Common Stock in Q3 2023, selling an estimated $373M.
- Principal Financial Group's ten largest holdings make up 17% of its $139B portfolio in Q3 2023.
- Principal Financial Group opened 85 new positions and closed 66 in Q3 2023.
- Principal Financial Group's portfolio value fell 4.9% quarter-over-quarter to $139B.
Based on Principal Financial Group's 13F filing for Q3 2023, filed 2 Nov 2023.