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 |
Ventas
VTR
|
+$616M |
| 2 |
Etsy
ETSY
|
+$373M |
| 3 |
MPT
Medical Properties Trust
MPT
|
+$332M |
| 4 |
Moderna
MRNA
|
+$148M |
| 5 |
HR
Healthcare Realty Trust Incorporated
HR
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Welltower
WELL
|
+$725M |
| 2 |
Restaurant Brands International
QSR
|
+$269M |
| 3 |
Fidelity National Financial
FNF
|
+$181M |
| 4 |
Prologis
PLD
|
+$162M |
| 5 |
Credit Acceptance
CACC
|
+$162M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.12% |
| 2 | Real Estate | 16.4% |
| 3 | Financials | 14.67% |
| 4 | Consumer Discretionary | 12.1% |
| 5 | Healthcare | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
iShares ESG Aware MSCI EM ETF
ESGE
$6.74B
| $411K | ﹤0.01% |
9,925
-6,688
| -40% | -$286K |
|
2227
GrafTech
EAF
$200M
| $410K | ﹤0.01% |
3,976
+1,337
| +51% | +$146K |
|
2228
nCino
NCNO
$2.11B
| $410K | ﹤0.01% |
5,769
+647
| +13% | +$43.1K |
|
|
TMX
2229
DELISTED
Terminix Global Holdings, Inc.
TMX
| $409K | ﹤0.01% |
9,804
-588
| -6% | -$27K |
|
2230
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $405K | ﹤0.01% |
7,414
-7,561
| -50% | -$414K |
|
|
CHNG
2231
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $403K | ﹤0.01% |
19,249
-732
| -4% | -$16K |
|
2232
Heron Therapeutics
HRTX
$95.5M
| $401K | ﹤0.01% |
37,534
+1,663
| +5% | +$20.2K |
|
2233
Outfront Media
OUT
$5.64B
| $401K | ﹤0.01% |
16,179
-2,196
| -12% | -$51.8K |
|
2234
Butterfly Network
BFLY
$2.24B
| $400K | ﹤0.01% |
+38,292
| New | +$442K |
|
|
SPR
2235
DELISTED
Spirit AeroSystems
SPR
| $400K | ﹤0.01% |
9,047
-681,868
| -99% | -$28.5M |
|
|
CSW
2236
CSW Industrials
CSW
$5.64B
| $398K | ﹤0.01% |
3,119
+930
| +42% | +$116K |
|
2237
iHeartMedia
IHRT
$576M
| $397K | ﹤0.01% |
15,860
+664
| +4% | +$16.4K |
|
2238
FuelCell Energy
FCEL
$1.69B
| $395K | ﹤0.01% |
1,966
+343
| +21% | +$68.1K |
|
2239
Sana Biotechnology
SANA
$977M
| $395K | ﹤0.01% |
+17,519
| New | +$368K |
|
2240
Revolution Medicines
RVMD
$41.9B
| $394K | ﹤0.01% |
14,339
-9,550
| -40% | -$278K |
|
2241
Vanguard ESG US Stock ETF
ESGV
$13.6B
| $390K | ﹤0.01% |
4,872
+27
| +0.6% | +$2.22K |
|
2242
Eastern Bankshares
EBC
$5.31B
| $387K | ﹤0.01% |
19,074
-2,390
| -11% | -$45.7K |
|
2243
Alibaba
BABA
$308B
| $384K | ﹤0.01% |
2,591
-54,350
| -95% | -$9.89M |
|
2244
Microvision
MVIS
$74M
| $381K | ﹤0.01% |
2,298
+610
| +36% | +$127K |
|
|
NEWR
2245
DELISTED
New Relic, Inc.
NEWR
| $381K | ﹤0.01% |
5,306
-654
| -11% | -$48.3K |
|
2246
iShares MSCI Intl Quality Factor ETF
IQLT
$14.1B
| $380K | ﹤0.01% |
10,023
-497
| -5% | -$19.6K |
|
|
SEI
2247
Solaris Energy Infrastructure
SEI
$3.41B
| $380K | ﹤0.01% |
45,549
-334
| -0.7% | -$2.71K |
|
2248
Ameresco
AMRC
$1.36B
| $379K | ﹤0.01% |
6,487
+1,547
| +31% | +$102K |
|
2249
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.97B
| $378K | ﹤0.01% |
7,070
-1,978
| -22% | -$113K |
|
2250
OneWater Marine
ONEW
$209M
| $374K | ﹤0.01% |
9,296
-70
| -0.7% | -$2.94K |
|
Similar funds
Principal Financial Group's Q3 2021 Portfolio in Review
As of Q3 2021, Principal Financial Group held 2,664 positions worth $153B, down 0.92% from $155B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q3 2021 filing shows 68 new, 1,034 increased, 1,458 reduced and 90 closed positions. Its largest new stake was Core & Main: 1,236,704 shares worth $32.4M. The largest sale was Welltower, an estimated $725M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2021 buy was Core & Main: 1,236,704 shares worth $32.4M.
- Principal Financial Group added most to Ventas in Q3 2021, an estimated $616M increase.
- Principal Financial Group's biggest Q3 2021 reduction was Welltower, cutting an estimated $725M.
- Principal Financial Group fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $52.5M.
- Principal Financial Group's ten largest holdings make up 14% of its $153B portfolio in Q3 2021.
- Principal Financial Group opened 68 new positions and closed 90 in Q3 2021.
- Principal Financial Group's portfolio value fell 0.92% quarter-over-quarter to $153B.
Based on Principal Financial Group's 13F filing for Q3 2021, filed 9 Nov 2021.