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 |
iShares Core S&P 500 ETF
IVV
|
+$746M |
| 2 |
Healthpeak Properties
DOC
|
+$375M |
| 3 |
Arthur J. Gallagher & Co
AJG
|
+$325M |
| 4 |
Equity Lifestyle Properties
ELS
|
+$266M |
| 5 |
TransDigm Group
TDG
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$566M |
| 2 |
SBA Communications
SBAC
|
+$491M |
| 3 |
Brookfield
BN
|
+$385M |
| 4 |
Alexandria Real Estate Equities
ARE
|
+$327M |
| 5 |
Sun Communities
SUI
|
+$299M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.17% |
| 2 | Financials | 16.62% |
| 3 | Real Estate | 12.83% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 10.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Novavax
NVAX
$1.22B
| $98K | ﹤0.01% |
12,187
-232
| -2% | -$2.24K |
|
2152
Fastly Inc
FSLY
$3.6B
| $97.3K | ﹤0.01% |
10,312
-1,262
| -11% | -$10.5K |
|
2153
American Express Global Business Travel
GBTG
$4.93B
| $96.2K | ﹤0.01% |
10,365
-972
| -9% | -$8.3K |
|
2154
Teladoc Health
TDOC
$1.21B
| $93.9K | ﹤0.01% |
10,333
-2,142
| -17% | -$20.7K |
|
2155
Aurinia Pharmaceuticals
AUPH
$1.87B
| $92.6K | ﹤0.01% |
10,316
-1,325
| -11% | -$10.8K |
|
2156
LegalZoom.com
LZ
$1.42B
| $82K | ﹤0.01% |
10,913
-1,982
| -15% | -$14.9K |
|
2157
SGHC Ltd
SGHC
$6.96B
| $80.6K | ﹤0.01% |
12,940
-1,100
| -8% | -$5.87K |
|
|
RDFN
2158
DELISTED
Redfin
RDFN
| $79.6K | ﹤0.01% |
10,119
-868
| -8% | -$8.42K |
|
2159
Array Technologies
ARRY
$872M
| $79.5K | ﹤0.01% |
13,165
-1,125
| -8% | -$7.17K |
|
2160
Shoals Technologies Group
SHLS
$1.57B
| $79K | ﹤0.01% |
14,283
-1,788
| -11% | -$9.08K |
|
2161
SSR Mining
SSRM
$5.6B
| $78.4K | ﹤0.01% |
11,263
-2,889
| -20% | -$18K |
|
2162
AMC Entertainment Holdings
AMC
$2.54B
| $76.7K | ﹤0.01% |
19,268
-4,347
| -18% | -$19.1K |
|
2163
Cipher Digital
CIFR
$9.88B
| $70.8K | ﹤0.01% |
15,249
+128
| +0.8% | +$727 |
|
|
VISN
2164
Vistance Networks Inc
VISN
$2.72B
| $61.7K | ﹤0.01% |
11,847
-2,882
| -20% | -$16.1K |
|
2165
Opendoor
OPEN
$3.8B
| $56.3K | ﹤0.01% |
36,377
-9,713
| -21% | -$17.6K |
|
2166
Energy Fuels
UUUU
$3.04B
| $52.8K | ﹤0.01% |
10,291
-2,661
| -21% | -$16.5K |
|
2167
Agilon Health
AGL
$1.57B
| $52.4K | ﹤0.01% |
1,102
-54
| -5% | -$3.26K |
|
|
BORR
2168
Borr Drilling
BORR
$1.21B
| $51.2K | ﹤0.01% |
13,138
-3,385
| -20% | -$14.5K |
|
|
PGRE
2169
DELISTED
Paramount Group
PGRE
| $50.6K | ﹤0.01% |
10,234
-2,630
| -20% | -$13K |
|
|
EU
2170
enCore Energy
EU
$210M
| $49.1K | ﹤0.01% |
14,391
-1,218
| -8% | -$4.59K |
|
2171
Planet Labs
PL
$7.67B
| $47.7K | ﹤0.01% |
11,813
-3,084
| -21% | -$9.57K |
|
2172
Evolv Technologies
EVLV
$1.02B
| $45.8K | ﹤0.01% |
11,591
-625
| -5% | -$2.19K |
|
2173
NovaGold Resources
NG
$2.61B
| $45.2K | ﹤0.01% |
13,567
-3,440
| -20% | -$12.2K |
|
2174
indie Semiconductor
INDI
$716M
| $43.5K | ﹤0.01% |
10,739
-2,210
| -17% | -$9.08K |
|
2175
Arbutus Biopharma
ABUS
$861M
| $41.9K | ﹤0.01% |
12,816
-939
| -7% | -$3.45K |
|
Similar funds
Principal Financial Group's Q4 2024 Portfolio in Review
As of Q4 2024, Principal Financial Group held 2,270 positions worth $183B, up 0.13% from $183B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 4.8%. Principal Financial Group opened 48 new positions and exited 62, leaving the 2,270-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2024 buy was SPDR Gold MiniShares Trust: 1,757,205 shares worth $91.4M.
- Principal Financial Group added most to iShares Core S&P 500 ETF in Q4 2024, an estimated $746M increase.
- Principal Financial Group's biggest Q4 2024 reduction was Adobe, cutting an estimated $566M.
- Principal Financial Group fully exited Portillo's in Q4 2024, selling an estimated $24.1M.
- Principal Financial Group's ten largest holdings make up 20% of its $183B portfolio in Q4 2024.
- Principal Financial Group opened 48 new positions and closed 62 in Q4 2024.
- Principal Financial Group's portfolio value rose 0.13% quarter-over-quarter to $183B.
Based on Principal Financial Group's 13F filing for Q4 2024, filed 31 Jan 2025.