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 |
CoStar Group
CSGP
|
+$486M |
| 2 |
Marriott Vacations Worldwide
VAC
|
+$246M |
| 3 |
Broadstone Net Lease
BNL
|
+$244M |
| 4 |
Tyler Technologies
TYL
|
+$235M |
| 5 |
Equinix
EQIX
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Motorola Solutions
MSI
|
+$309M |
| 2 |
Prologis
PLD
|
+$303M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$300M |
| 4 |
Gartner
IT
|
+$262M |
| 5 |
CBRE Group
CBRE
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.69% |
| 2 | Real Estate | 16% |
| 3 | Financials | 14.93% |
| 4 | Consumer Discretionary | 12.35% |
| 5 | Industrials | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Novartis
NVS
$302B
| $152M | 0.1% |
1,666,979
-20,061
| -1% | -$1.79M |
|
202
Shopify
SHOP
$168B
| $151M | 0.1% |
1,036,700
-55,640
| -5% | -$6.86M |
|
203
Advanced Micro Devices
AMD
$700B
| $151M | 0.1% |
1,604,225
+30,028
| +2% | +$2.43M |
|
204
Twilio
TWLO
$28.6B
| $149M | 0.1% |
377,355
+320,105
| +559% | +$111M |
|
205
Brunswick
BC
$5.23B
| $148M | 0.1% |
1,487,324
-176,766
| -11% | -$18M |
|
206
WEC Energy
WEC
$36.3B
| $148M | 0.1% |
1,664,887
-226,490
| -12% | -$21.3M |
|
207
Realty Income
O
$61.1B
| $146M | 0.09% |
2,255,480
-167,703
| -7% | -$11M |
|
208
T-Mobile US
TMUS
$195B
| $146M | 0.09% |
1,004,665
-9,015
| -0.9% | -$1.24M |
|
|
PSB
209
DELISTED
PS Business Parks, Inc.
PSB
| $143M | 0.09% |
964,064
-167,583
| -15% | -$26.3M |
|
210
Avery Dennison
AVY
$12.8B
| $143M | 0.09% |
678,774
-112,830
| -14% | -$23.7M |
|
211
Brown-Forman Class B
BF.B
$13.5B
| $143M | 0.09% |
1,903,690
-131,035
| -6% | -$9.98M |
|
212
CVS Health
CVS
$135B
| $142M | 0.09% |
1,701,022
+35,316
| +2% | +$2.89M |
|
213
GE Aerospace
GE
$364B
| $141M | 0.09% |
2,097,051
+31,345
| +2% | +$2.09M |
|
214
3M
MMM
$91.8B
| $140M | 0.09% |
843,502
-238,756
| -22% | -$39.8M |
|
215
Crown Castle
CCI
$34.6B
| $140M | 0.09% |
717,293
+52,805
| +8% | +$9.89M |
|
216
Brookfield Renewable
BEP
$9.6B
| $138M | 0.09% |
3,587,304
+42,260
| +1% | +$1.67M |
|
217
Eversource Energy
ES
$28.1B
| $138M | 0.09% |
1,714,781
-115,405
| -6% | -$9.72M |
|
218
Littelfuse
LFUS
$10.4B
| $134M | 0.09% |
524,278
-140,779
| -21% | -$36.7M |
|
219
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $133M | 0.09% |
1,213,800
-327,200
| -21% | -$35.7M |
|
|
KW
220
DELISTED
Kennedy-Wilson Holdings
KW
| $132M | 0.09% |
6,654,870
-14,268
| -0.2% | -$288K |
|
221
Enterprise Products Partners
EPD
$83.7B
| $131M | 0.08% |
5,446,457
-1,072,131
| -16% | -$25.4M |
|
222
American Express
AXP
$224B
| $131M | 0.08% |
795,163
+33,659
| +4% | +$5.27M |
|
223
Nordson
NDSN
$16.4B
| $130M | 0.08% |
593,956
-35,472
| -6% | -$7.52M |
|
224
Sherwin-Williams
SHW
$84.8B
| $128M | 0.08% |
469,690
-1,655
| -0.4% | -$453K |
|
225
ICICI Bank
IBN
$107B
| $127M | 0.08% |
7,448,901
+1,055,046
| +17% | +$17.6M |
|
Similar funds
Principal Financial Group's Q2 2021 Portfolio in Review
As of Q2 2021, Principal Financial Group held 2,712 positions worth $155B, up 8.9% from $142B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q2 2021 filing shows 231 new, 1,591 increased, 764 reduced and 116 closed positions. Its largest new stake was Lifestance Health: 2,210,167 shares worth $61.6M. The largest sale was Motorola Solutions, an estimated $309M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q2 2021 buy was Lifestance Health: 2,210,167 shares worth $61.6M.
- Principal Financial Group added most to CoStar Group in Q2 2021, an estimated $486M increase.
- Principal Financial Group's biggest Q2 2021 reduction was Motorola Solutions, cutting an estimated $309M.
- Principal Financial Group fully exited New Oriental in Q2 2021, selling an estimated $68.1M.
- Principal Financial Group's ten largest holdings make up 14% of its $155B portfolio in Q2 2021.
- Principal Financial Group opened 231 new positions and closed 116 in Q2 2021.
- Principal Financial Group's portfolio value rose 8.9% quarter-over-quarter to $155B.
Based on Principal Financial Group's 13F filing for Q2 2021, filed 10 Aug 2021.