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 | |
|---|---|---|---|---|---|---|
|
FSR
2226
DELISTED
Fisker Inc.
FSR
| $478K | ﹤0.01% |
+24,801
| New | +$366K |
|
|
MORF
2227
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $477K | ﹤0.01% |
+8,318
| New | +$458K |
|
2228
Artisan Partners
APAM
$2.79B
| $476K | ﹤0.01% |
9,360
+1,013
| +12% | +$53.2K |
|
2229
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.37B
| $474K | ﹤0.01% |
4,271
+138
| +3% | +$15.2K |
|
2230
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.7B
| $474K | ﹤0.01% |
3,373
+1,537
| +84% | +$217K |
|
2231
Albertsons Companies
ACI
$5.62B
| $470K | ﹤0.01% |
23,900
+10,803
| +82% | +$210K |
|
2232
TriNet
TNET
$3.02B
| $470K | ﹤0.01% |
6,483
-2,303
| -26% | -$179K |
|
|
VIA
2233
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $467K | ﹤0.01% |
+8,248
| New | +$440K |
|
2234
Vanguard Morningstar Growth ETF
VUG
$220B
| $463K | ﹤0.01% |
+9,678
| New | +$439K |
|
2235
Hims & Hers Health
HIMS
$6.43B
| $460K | ﹤0.01% |
+42,241
| New | +$502K |
|
|
CHNG
2236
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $460K | ﹤0.01% |
19,981
-4,688
| -19% | -$108K |
|
|
TWOU
2237
DELISTED
2U Inc
TWOU
| $457K | ﹤0.01% |
366
+176
| +93% | +$203K |
|
|
RUBY
2238
DELISTED
Rubius Therapeutics, Inc
RUBY
| $457K | ﹤0.01% |
+18,741
| New | +$469K |
|
2239
Duluth Holdings
DLTH
$155M
| $456K | ﹤0.01% |
22,087
+8,514
| +63% | +$140K |
|
2240
Arcus Biosciences
RCUS
$3.55B
| $449K | ﹤0.01% |
16,362
-7,052
| -30% | -$201K |
|
2241
Champion Homes
SKY
$4.37B
| $448K | ﹤0.01% |
8,401
-2,815
| -25% | -$133K |
|
|
SEI
2242
Solaris Energy Infrastructure
SEI
$3.15B
| $447K | ﹤0.01% |
45,883
+20,144
| +78% | +$213K |
|
2243
Eastern Bankshares
EBC
$5.26B
| $442K | ﹤0.01% |
21,464
+1,193
| +6% | +$25.3K |
|
|
BECN
2244
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $442K | ﹤0.01% |
8,301
+2,775
| +50% | +$155K |
|
|
AIV
2245
Aimco
AIV
$387M
| $440K | ﹤0.01% |
65,634
-334,129
| -84% | -$2.3M |
|
2246
Shift4
FOUR
$4.2B
| $438K | ﹤0.01% |
+4,676
| New | +$441K |
|
2247
Kratos Defense & Security Solutions
KTOS
$8.74B
| $438K | ﹤0.01% |
15,387
-10,509
| -41% | -$278K |
|
2248
DigitalBridge
DBRG
$2.93B
| $436K | ﹤0.01% |
13,797
+1,540
| +13% | +$44K |
|
2249
APi Group
APG
$17.1B
| $435K | ﹤0.01% |
31,230
+9,787
| +46% | +$139K |
|
2250
Outfront Media
OUT
$5.61B
| $435K | ﹤0.01% |
18,375
+8,211
| +81% | +$190K |
|
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.