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 |
Microsoft
MSFT
|
+$364M |
| 2 |
Moody's
MCO
|
+$313M |
| 3 |
VICI Properties
VICI
|
+$247M |
| 4 |
Progressive
PGR
|
+$240M |
| 5 |
Amazon
AMZN
|
+$197M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$251M |
| 2 |
Etsy
ETSY
|
+$209M |
| 3 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$202M |
| 4 |
Healthcare Realty
HR
|
+$191M |
| 5 |
PayPal
PYPL
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.6% |
| 2 | Technology | 16.41% |
| 3 | Financials | 14.71% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SAGE
2176
DELISTED
Sage Therapeutics
SAGE
| $302K | ﹤0.01% |
9,347
+2,482
| +36% | +$83.2K |
|
|
CLR
2177
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $302K | ﹤0.01% |
4,623
-1,865
| -29% | -$118K |
|
2178
Aehr Test Systems
AEHR
$2.99B
| $301K | ﹤0.01% |
+40,075
| New | +$333K |
|
2179
Acco Brands
ACCO
$399M
| $300K | ﹤0.01% |
45,959
+26,811
| +140% | +$195K |
|
2180
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.17B
| $300K | ﹤0.01% |
11,672
-28,000
| -71% | -$733K |
|
2181
The RMR Group
RMR
$322M
| $299K | ﹤0.01% |
10,549
+2,592
| +33% | +$74.7K |
|
2182
CareDx
CDNA
$2.48B
| $298K | ﹤0.01% |
13,850
-1,305
| -9% | -$36.2K |
|
2183
Penske Automotive Group
PAG
$14.3B
| $298K | ﹤0.01% |
2,844
-14,474
| -84% | -$1.55M |
|
2184
Schwab US Dividend Equity ETF
SCHD
$104B
| $298K | ﹤0.01% |
12,504
-402
| -3% | -$10.2K |
|
2185
Mercantile Bank Corp
MBWM
$1.05B
| $297K | ﹤0.01% |
+9,270
| New | +$300K |
|
|
DHIL
2186
DELISTED
Diamond Hill
DHIL
| $295K | ﹤0.01% |
1,699
-861
| -34% | -$153K |
|
2187
Appian
APPN
$2.03B
| $294K | ﹤0.01% |
6,214
-930
| -13% | -$46.7K |
|
2188
Amneal Pharmaceuticals
AMRX
$6.02B
| $293K | ﹤0.01% |
92,102
-11,465
| -11% | -$41.5K |
|
|
DENN
2189
DELISTED
Denny's
DENN
| $293K | ﹤0.01% |
+33,735
| New | +$372K |
|
|
FLNA
2190
Filana Therapeutics
FLNA
$49.8M
| $292K | ﹤0.01% |
10,410
-90,948
| -90% | -$2.3M |
|
|
CFB
2191
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $292K | ﹤0.01% |
+22,170
| New | +$299K |
|
2192
STAG Industrial
STAG
$7.44B
| $291K | ﹤0.01% |
9,439
-44,170
| -82% | -$1.57M |
|
2193
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| $289K | ﹤0.01% |
5,888
-1,924
| -25% | -$99.4K |
|
2194
Freshpet
FRPT
$2.93B
| $288K | ﹤0.01% |
5,541
+1,511
| +37% | +$117K |
|
|
MLNK
2195
DELISTED
MeridianLink
MLNK
| $286K | ﹤0.01% |
+17,116
| New | +$294K |
|
|
SCPL
2196
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $284K | ﹤0.01% |
20,304
-13,004
| -39% | -$173K |
|
2197
Delek US
DK
$4.05B
| $283K | ﹤0.01% |
+10,937
| New | +$295K |
|
2198
Liberty Energy
LBRT
$3.1B
| $283K | ﹤0.01% |
22,151
+11,652
| +111% | +$183K |
|
|
CTO
2199
CTO Realty Growth
CTO
$827M
| $282K | ﹤0.01% |
13,875
-1,035
| -7% | -$21.7K |
|
2200
Hackett Group
HCKT
$285M
| $282K | ﹤0.01% |
14,863
-1,514
| -9% | -$32.6K |
|
Similar funds
Principal Financial Group's Q2 2022 Portfolio in Review
As of Q2 2022, Principal Financial Group held 2,734 positions worth $135B, down 15% from $159B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q2 2022 filing shows 195 new, 1,135 increased, 1,153 reduced and 225 closed positions. Its largest new stake was ESAB: 862,950 shares worth $37.8M. The largest sale was Salesforce, an estimated $251M.
By sector, the portfolio is most concentrated in Real Estate at 18% of assets, up from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q2 2022 buy was ESAB: 862,950 shares worth $37.8M.
- Principal Financial Group added most to Microsoft in Q2 2022, an estimated $364M increase.
- Principal Financial Group's biggest Q2 2022 reduction was Salesforce, cutting an estimated $251M.
- Principal Financial Group fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $202M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q2 2022.
- Principal Financial Group opened 195 new positions and closed 225 in Q2 2022.
- Principal Financial Group's portfolio value fell 15% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q2 2022, filed 10 Aug 2022.