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 | |
|---|---|---|---|---|---|---|
|
AUD
2251
DELISTED
Audacy, Inc.
AUD
| $333K | ﹤0.01% |
63,291
+15,350
| +32% | +$74.6K |
|
2252
Cass Information Systems
CASS
$741M
| $327K | ﹤0.01% |
7,066
+546
| +8% | +$23.7K |
|
2253
PennyMac Financial
PFSI
$4.03B
| $326K | ﹤0.01% |
4,869
+1,152
| +31% | +$71.5K |
|
2254
Yext
YEXT
$573M
| $326K | ﹤0.01% |
22,528
-3,558
| -14% | -$59.4K |
|
|
ZUO
2255
DELISTED
Zuora, Inc.
ZUO
| $325K | ﹤0.01% |
21,969
-3,470
| -14% | -$51.7K |
|
|
OCDX
2256
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $324K | ﹤0.01% |
+16,805
| New | +$296K |
|
2257
AYTU BioPharma
AYTU
$25.2M
| $323K | ﹤0.01% |
2,128
+162
| +8% | +$25.7K |
|
2258
Domo
DOMO
$182M
| $320K | ﹤0.01% |
5,693
-900
| -14% | -$58.5K |
|
2259
McGrath RentCorp
MGRC
$2.99B
| $320K | ﹤0.01% |
3,968
-239
| -6% | -$18.3K |
|
2260
nCino
NCNO
$2.09B
| $320K | ﹤0.01% |
+4,803
| New | +$343K |
|
|
SP
2261
DELISTED
SP Plus Corporation
SP
| $320K | ﹤0.01% |
9,757
+741
| +8% | +$23.9K |
|
2262
Carlyle Group
CG
$17.5B
| $318K | ﹤0.01% |
8,639
+893
| +12% | +$31.3K |
|
2263
DigitalBridge
DBRG
$2.95B
| $318K | ﹤0.01% |
12,257
+4,612
| +60% | +$104K |
|
|
SEI
2264
Solaris Energy Infrastructure
SEI
$3.63B
| $316K | ﹤0.01% |
25,739
+1,959
| +8% | +$22.3K |
|
2265
Immunovant
IMVT
$8.12B
| $313K | ﹤0.01% |
19,523
-8,121
| -29% | -$214K |
|
2266
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| $313K | ﹤0.01% |
+790
| New | +$305K |
|
2267
PagerDuty
PD
$888M
| $312K | ﹤0.01% |
7,767
-649
| -8% | -$29.6K |
|
2268
Alaunos Therapeutics
TCRT
$4.88M
| $309K | ﹤0.01% |
572
+6
| +1% | +$3.73K |
|
2269
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.76B
| $308K | ﹤0.01% |
11,265
+490
| +5% | +$13.3K |
|
2270
The RealReal
REAL
$1.54B
| $307K | ﹤0.01% |
13,561
-2,539
| -16% | -$62.4K |
|
2271
ProShares Short 20+ Year Treasury ETF
TBF
$104M
| $307K | ﹤0.01% |
16,931
+488
| +3% | +$8.34K |
|
|
PS
2272
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $307K | ﹤0.01% |
13,730
+1,741
| +15% | +$37.3K |
|
2273
Brown-Forman Class A
BF.A
$13.2B
| $305K | ﹤0.01% |
4,796
-381
| -7% | -$26K |
|
2274
Unity
U
$18.7B
| $304K | ﹤0.01% |
3,032
-194
| -6% | -$23.9K |
|
2275
Relay Therapeutics
RLAY
$4.16B
| $301K | ﹤0.01% |
8,703
+1,852
| +27% | +$80.4K |
|
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.