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 | |
|---|---|---|---|---|---|---|
2251
FuelCell Energy
FCEL
$1.73B
| $433K | ﹤0.01% |
1,623
-221
| -12% | -$64.6K |
|
|
MNTV
2252
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $432K | ﹤0.01% |
20,489
-5,710
| -22% | -$111K |
|
2253
MP Materials
MP
$7.36B
| $430K | ﹤0.01% |
+11,665
| New | +$363K |
|
|
BMTX
2254
DELISTED
BM Technologies, Inc.
BMTX
| $429K | ﹤0.01% |
34,448
| – | – |
|
|
DVAX
2255
DELISTED
Dynavax Technologies
DVAX
| $428K | ﹤0.01% |
43,383
-2,074
| -5% | -$18.9K |
|
2256
Frontdoor
FTDR
$5.1B
| $428K | ﹤0.01% |
8,583
+2,000
| +30% | +$105K |
|
2257
Microvision
MVIS
$6.21M
| $424K | ﹤0.01% |
+25,318
| New | +$416K |
|
2258
AppFolio
APPF
$6.38B
| $423K | ﹤0.01% |
2,996
-484
| -14% | -$67.2K |
|
2259
CRA International
CRAI
$1.16B
| $423K | ﹤0.01% |
+4,946
| New | +$402K |
|
|
MNDT
2260
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $422K | ﹤0.01% |
20,895
+3,116
| +18% | +$63.9K |
|
2261
Red Rock Resorts
RRR
$3.77B
| $419K | ﹤0.01% |
9,858
-2,335
| -19% | -$92.3K |
|
2262
GrowGeneration
GRWG
$86.5M
| $416K | ﹤0.01% |
8,650
-28
| -0.3% | -$1.23K |
|
2263
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $415K | ﹤0.01% |
+12,460
| New | +$419K |
|
2264
Puma Biotechnology
PBYI
$404M
| $412K | ﹤0.01% |
44,894
-44,789
| -50% | -$454K |
|
2265
Replimune Group
REPL
$941M
| $412K | ﹤0.01% |
+10,731
| New | +$367K |
|
|
ONCT
2266
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
| $412K | ﹤0.01% |
+4,337
| New | +$515K |
|
2267
CryoPort
CYRX
$761M
| $409K | ﹤0.01% |
6,486
-2,024
| -24% | -$114K |
|
2268
iHeartMedia
IHRT
$543M
| $409K | ﹤0.01% |
+15,196
| New | +$336K |
|
2269
First Citizens BancShares
FCNCA
$24.9B
| $408K | ﹤0.01% |
490
+60
| +14% | +$51.2K |
|
2270
iShares MSCI Intl Quality Factor ETF
IQLT
$13.8B
| $406K | ﹤0.01% |
10,520
+4,388
| +72% | +$169K |
|
2271
Precigen
PGEN
$2.24B
| $402K | ﹤0.01% |
61,712
+9,715
| +19% | +$67.9K |
|
|
CIM
2272
Chimera Investment
CIM
$1.04B
| $400K | ﹤0.01% |
8,857
+2,322
| +36% | +$96.6K |
|
|
NEWR
2273
DELISTED
New Relic, Inc.
NEWR
| $399K | ﹤0.01% |
5,960
+116
| +2% | +$7.47K |
|
|
NOVA
2274
DELISTED
Sunnova Energy
NOVA
| $395K | ﹤0.01% |
10,494
+4,068
| +63% | +$135K |
|
2275
OneWater Marine
ONEW
$204M
| $394K | ﹤0.01% |
+9,366
| New | +$435K |
|
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.