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 |
Intuitive Surgical
ISRG
|
+$193M |
| 2 |
Agree Realty
ADC
|
+$165M |
| 3 |
Tyler Technologies
TYL
|
+$162M |
| 4 |
SBA Communications
SBAC
|
+$105M |
| 5 |
CoStar Group
CSGP
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RP
RealPage, Inc.
RP
|
+$285M |
| 2 |
Apple
AAPL
|
+$261M |
| 3 |
Deere & Co
DE
|
+$203M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$193M |
| 5 |
Microsoft
MSFT
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.25% |
| 2 | Financials | 15.26% |
| 3 | Real Estate | 14.94% |
| 4 | Consumer Discretionary | 12.64% |
| 5 | Industrials | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
First Citizens BancShares
FCNCA
$25.3B
| $359K | ﹤0.01% |
430
+57
| +15% | +$41.3K |
|
|
NEWR
2227
DELISTED
New Relic, Inc.
NEWR
| $359K | ﹤0.01% |
5,844
-405
| -6% | -$26.9K |
|
2228
Malibu Boats
MBUU
$568M
| $358K | ﹤0.01% |
4,493
-709
| -14% | -$54.7K |
|
2229
Precigen
PGEN
$2.57B
| $358K | ﹤0.01% |
51,997
+1,379
| +3% | +$11.7K |
|
2230
Alector
ALEC
$198M
| $355K | ﹤0.01% |
17,611
-10,715
| -38% | -$192K |
|
2231
ING
ING
$102B
| $355K | ﹤0.01% |
29,000
| – | – |
|
2232
Frontdoor
FTDR
$6.44B
| $354K | ﹤0.01% |
6,583
+616
| +10% | +$33.6K |
|
2233
iShares MSCI USA Quality Factor ETF
QUAL
$47.8B
| $349K | ﹤0.01% |
2,862
+1,029
| +56% | +$122K |
|
|
MNDT
2234
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $348K | ﹤0.01% |
17,779
+1,475
| +9% | +$30.8K |
|
2235
Gorman-Rupp
GRC
$2.22B
| $347K | ﹤0.01% |
10,466
+726
| +7% | +$24K |
|
2236
Cerence
CRNC
$410M
| $345K | ﹤0.01% |
3,848
+1,509
| +65% | +$166K |
|
2237
MGE Energy Inc
MGEE
$3.07B
| $342K | ﹤0.01% |
4,785
+565
| +13% | +$38.1K |
|
|
NVO
2238
Novo Nordisk
NVO
$208B
| $341K | ﹤0.01% |
10,114
| – | – |
|
|
AMTI
2239
DELISTED
Applied Molecular Transport Inc. Common Stock
AMTI
| $341K | ﹤0.01% |
7,741
+545
| +8% | +$26.5K |
|
2240
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $340K | ﹤0.01% |
3,012
+244
| +9% | +$28.4K |
|
2241
Pliant Therapeutics
PLRX
$65M
| $340K | ﹤0.01% |
+8,635
| New | +$280K |
|
|
AJAX.WS
2242
DELISTED
Capri Listco Redeemable Warrants, each warrant exercisable for one Class A ordinary share at an exer
AJAX.WS
| $338K | ﹤0.01% |
+200,001
| New | +$590K |
|
2243
iShares Global Tech ETF
IXN
$8.77B
| $337K | ﹤0.01% |
6,576
+156
| +2% | +$7.99K |
|
|
MNR
2244
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $337K | ﹤0.01% |
19,071
-2,909
| -13% | -$51.3K |
|
2245
Health Catalyst
HCAT
$131M
| $336K | ﹤0.01% |
7,175
-1,457
| -17% | -$70.6K |
|
2246
Karyopharm Therapeutics
KPTI
$46.7M
| $336K | ﹤0.01% |
2,130
-88
| -4% | -$18.5K |
|
2247
PJT Partners
PJT
$4.38B
| $336K | ﹤0.01% |
4,964
-931
| -16% | -$67.4K |
|
2248
Repay Holdings
RPAY
$326M
| $334K | ﹤0.01% |
14,209
-1,150
| -7% | -$27.9K |
|
|
EPZM
2249
DELISTED
Epizyme, Inc
EPZM
| $334K | ﹤0.01% |
38,448
+876
| +2% | +$9.06K |
|
2250
uniQure
QURE
$3.2B
| $333K | ﹤0.01% |
9,878
+696
| +8% | +$24.9K |
|
Similar funds
Principal Financial Group's Q1 2021 Portfolio in Review
As of Q1 2021, Principal Financial Group held 2,536 positions worth $142B, up 5.3% from $135B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2021 filing shows 122 new, 1,357 increased, 986 reduced and 57 closed positions. Its largest new stake was Copa Holdings: 596,434 shares worth $48.2M. The largest sale was RealPage, Inc., an estimated $285M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2021 buy was Copa Holdings: 596,434 shares worth $48.2M.
- Principal Financial Group added most to Intuitive Surgical in Q1 2021, an estimated $193M increase.
- Principal Financial Group's biggest Q1 2021 reduction was RealPage, Inc., cutting an estimated $285M.
- Principal Financial Group fully exited HMS Holdings Corp. in Q1 2021, selling an estimated $47.9M.
- Principal Financial Group's ten largest holdings make up 14% of its $142B portfolio in Q1 2021.
- Principal Financial Group opened 122 new positions and closed 57 in Q1 2021.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $142B.
Based on Principal Financial Group's 13F filing for Q1 2021, filed 10 May 2021.