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 |
Brookfield
BN
|
+$274M |
| 2 |
Visa
V
|
+$215M |
| 3 |
Toronto Dominion Bank
TD
|
+$209M |
| 4 |
Canadian National Railway
CNI
|
+$206M |
| 5 |
HEICO Corp Class A
HEI.A
|
+$199M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$423M |
| 2 |
NVIDIA
NVDA
|
+$253M |
| 3 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$245M |
| 4 |
Invitation Homes
INVH
|
+$236M |
| 5 |
Mettler-Toledo International
MTD
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.55% |
| 2 | Real Estate | 17.45% |
| 3 | Financials | 14.34% |
| 4 | Consumer Discretionary | 11.05% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Schrodinger
SDGR
$1.36B
| $281K | ﹤0.01% |
8,229
+523
| +7% | +$15.9K |
|
2252
BOK Financial
BOKF
$8.8B
| $280K | ﹤0.01% |
2,979
+884
| +42% | +$91.3K |
|
2253
Kinetik
KNTK
$3.7B
| $280K | ﹤0.01% |
8,616
-4,550
| -35% | -$149K |
|
2254
Algonquin Power & Utilities
AQN
$4.43B
| $278K | ﹤0.01% |
+17,901
| New | +$258K |
|
2255
DigitalBridge
DBRG
$2.95B
| $278K | ﹤0.01% |
9,670
-848
| -8% | -$24.7K |
|
|
ECOM
2256
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $277K | ﹤0.01% |
16,701
-8,402
| -33% | -$159K |
|
2257
Cerus
CERS
$470M
| $276K | ﹤0.01% |
50,244
+1,096
| +2% | +$6.07K |
|
|
AZEK
2258
DELISTED
The AZEK Co
AZEK
| $275K | ﹤0.01% |
11,057
-131,056
| -92% | -$4.12M |
|
2259
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.45B
| $275K | ﹤0.01% |
+3,809
| New | +$276K |
|
2260
Beyond Meat
BYND
$273M
| $274K | ﹤0.01% |
5,663
-291
| -5% | -$16K |
|
|
DNB
2261
DELISTED
Dun & Bradstreet
DNB
| $273K | ﹤0.01% |
15,554
+4,771
| +44% | +$88.7K |
|
|
OLP
2262
One Liberty Properties
OLP
$525M
| $273K | ﹤0.01% |
8,851
-4,550
| -34% | -$141K |
|
|
NSTG
2263
DELISTED
NanoString Technologies, Inc.
NSTG
| $273K | ﹤0.01% |
7,869
-4,991
| -39% | -$172K |
|
2264
Shift4
FOUR
$3.44B
| $271K | ﹤0.01% |
4,377
-416
| -9% | -$21.9K |
|
2265
iHeartMedia
IHRT
$579M
| $269K | ﹤0.01% |
14,229
+233
| +2% | +$4.65K |
|
2266
Curis
CRIS
$8.4M
| $268K | ﹤0.01% |
281
-111
| -28% | -$142K |
|
2267
Nuvation Bio
NUVB
$2.2B
| $268K | ﹤0.01% |
51,059
+181
| +0.4% | +$1.02K |
|
|
OPTU
2268
Optimum Communications Inc
OPTU
$315M
| $267K | ﹤0.01% |
21,416
+414
| +2% | +$5.53K |
|
2269
Franklin Covey
FC
$241M
| $267K | ﹤0.01% |
5,907
-3,150
| -35% | -$146K |
|
2270
InnovAge Holding
INNV
$1.47B
| $265K | ﹤0.01% |
41,328
-20,838
| -34% | -$105K |
|
|
VRNT
2271
DELISTED
Verint Systems
VRNT
| $265K | ﹤0.01% |
5,134
-453
| -8% | -$23.3K |
|
2272
Arcus Biosciences
RCUS
$3.48B
| $262K | ﹤0.01% |
8,312
-268
| -3% | -$8.98K |
|
2273
Domo
DOMO
$179M
| $261K | ﹤0.01% |
5,170
+409
| +9% | +$18.6K |
|
2274
JFrog
FROG
$10.1B
| $261K | ﹤0.01% |
9,688
+689
| +8% | +$17.4K |
|
|
AGR
2275
DELISTED
Avangrid, Inc.
AGR
| $260K | ﹤0.01% |
+5,566
| New | +$255K |
|
Similar funds
Principal Financial Group's Q1 2022 Portfolio in Review
As of Q1 2022, Principal Financial Group held 2,636 positions worth $159B, down 5.3% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q1 2022 filing shows 113 new, 868 increased, 1,537 reduced and 97 closed positions. Its largest new stake was Toronto Dominion Bank: 2,598,948 shares worth $206M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $423M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2022 buy was Toronto Dominion Bank: 2,598,948 shares worth $206M.
- Principal Financial Group added most to Brookfield in Q1 2022, an estimated $274M increase.
- Principal Financial Group's biggest Q1 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $423M.
- Principal Financial Group fully exited Sterling Bancorp in Q1 2022, selling an estimated $93.8M.
- Principal Financial Group's ten largest holdings make up 15% of its $159B portfolio in Q1 2022.
- Principal Financial Group opened 113 new positions and closed 97 in Q1 2022.
- Principal Financial Group's portfolio value fell 5.3% quarter-over-quarter to $159B.
Based on Principal Financial Group's 13F filing for Q1 2022, filed 9 May 2022.