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 |
Idexx Laboratories
IDXX
|
+$222M |
| 2 |
Welltower
WELL
|
+$174M |
| 3 |
Healthcare Realty
HR
|
+$162M |
| 4 |
Moody's
MCO
|
+$116M |
| 5 |
Equity Lifestyle Properties
ELS
|
+$96M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$418M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$327M |
| 3 |
Principal Investment Grade Corporate Active ETF
IG
|
+$289M |
| 4 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$241M |
| 5 |
Meta Platforms (Facebook)
META
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.29% |
| 2 | Technology | 16.21% |
| 3 | Financials | 15.24% |
| 4 | Consumer Discretionary | 11.06% |
| 5 | Industrials | 10.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ME
2251
DELISTED
23andMe Holding Co
ME
| $158K | ﹤0.01% |
2,767
+757
| +38% | +$49.5K |
|
|
CFB
2252
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $155K | ﹤0.01% |
11,930
-10,240
| -46% | -$139K |
|
2253
Joby Aviation
JOBY
$7.67B
| $154K | ﹤0.01% |
35,630
-1,084
| -3% | -$5.95K |
|
|
NKLA
2254
DELISTED
Nikola Corporation Common Stock
NKLA
| $152K | ﹤0.01% |
1,440
-70
| -5% | -$11.8K |
|
2255
Globalstar
GSAT
$10.7B
| $151K | ﹤0.01% |
6,346
-20
| -0.3% | -$482 |
|
|
PR
2256
Permian Resources
PR
$16.6B
| $151K | ﹤0.01% |
22,260
+8,874
| +66% | +$61.3K |
|
|
NSTG
2257
DELISTED
NanoString Technologies, Inc.
NSTG
| $151K | ﹤0.01% |
11,844
-8
| -0.1% | -$111 |
|
|
YMAB
2258
DELISTED
Y-mAbs Therapeutics
YMAB
| $150K | ﹤0.01% |
10,391
-204
| -2% | -$3.38K |
|
|
SGMO
2259
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $149K | ﹤0.01% |
30,290
+6,998
| +30% | +$35.9K |
|
|
TSVT
2260
DELISTED
2seventy bio
TSVT
| $149K | ﹤0.01% |
+10,289
| New | +$153K |
|
2261
FIGS
FIGS
$1.82B
| $148K | ﹤0.01% |
17,879
-36
| -0.2% | -$383 |
|
2262
Tronox
TROX
$933M
| $148K | ﹤0.01% |
+12,091
| New | +$179K |
|
2263
Aurinia Pharmaceuticals
AUPH
$1.95B
| $147K | ﹤0.01% |
19,526
-1,285
| -6% | -$11.1K |
|
2264
Evolus
EOLS
$407M
| $145K | ﹤0.01% |
18,135
-11,628
| -39% | -$123K |
|
2265
Axogen
AXGN
$2.43B
| $144K | ﹤0.01% |
12,118
-11,308
| -48% | -$113K |
|
|
BLUE
2266
DELISTED
bluebird bio
BLUE
| $144K | ﹤0.01% |
1,142
+228
| +25% | +$25.8K |
|
|
REVG
2267
DELISTED
REV Group
REVG
| $143K | ﹤0.01% |
12,960
-14,858
| -53% | -$171K |
|
2268
Frontline
FRO
$8.45B
| $141K | ﹤0.01% |
+12,890
| New | +$141K |
|
|
OPTU
2269
Optimum Communications Inc
OPTU
$307M
| $135K | ﹤0.01% |
23,172
+1,494
| +7% | +$14.3K |
|
|
PTRA
2270
DELISTED
Proterra Inc. Common Stock
PTRA
| $135K | ﹤0.01% |
27,126
+5,147
| +23% | +$28.9K |
|
|
BTRS
2271
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
| $135K | ﹤0.01% |
14,602
-962
| -6% | -$6.23K |
|
2272
Caribou Biosciences
CRBU
$160M
| $134K | ﹤0.01% |
+12,736
| New | +$119K |
|
2273
Seres Therapeutics
MCRB
$49.8M
| $134K | ﹤0.01% |
1,044
-18
| -2% | -$1.84K |
|
|
PDM
2274
Piedmont Realty Trust
PDM
$1.21B
| $134K | ﹤0.01% |
+12,705
| New | +$160K |
|
2275
Xeris Biopharma Holdings
XERS
$1.4B
| $134K | ﹤0.01% |
86,048
-90,079
| -51% | -$149K |
|
Similar funds
Principal Financial Group's Q3 2022 Portfolio in Review
As of Q3 2022, Principal Financial Group held 2,628 positions worth $126B, down 6.9% from $135B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2022 filing shows 120 new, 733 increased, 1,605 reduced and 136 closed positions. Its largest new stake was iShares 0-5 Year TIPS Bond ETF: 564,225 shares worth $54.2M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $418M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 18% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q3 2022 buy was iShares 0-5 Year TIPS Bond ETF: 564,225 shares worth $54.2M.
- Principal Financial Group added most to Idexx Laboratories in Q3 2022, an estimated $222M increase.
- Principal Financial Group's biggest Q3 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $418M.
- Principal Financial Group fully exited Healthcare Realty Trust Incorporated in Q3 2022, selling an estimated $161M.
- Principal Financial Group's ten largest holdings make up 15% of its $126B portfolio in Q3 2022.
- Principal Financial Group opened 120 new positions and closed 136 in Q3 2022.
- Principal Financial Group's portfolio value fell 6.9% quarter-over-quarter to $126B.
Based on Principal Financial Group's 13F filing for Q3 2022, filed 9 Nov 2022.