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 |
Microsoft
MSFT
|
+$364M |
| 2 |
Moody's
MCO
|
+$313M |
| 3 |
VICI Properties
VICI
|
+$247M |
| 4 |
Progressive
PGR
|
+$240M |
| 5 |
Amazon
AMZN
|
+$197M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$251M |
| 2 |
Etsy
ETSY
|
+$209M |
| 3 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$202M |
| 4 |
Healthcare Realty
HR
|
+$191M |
| 5 |
PayPal
PYPL
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.6% |
| 2 | Technology | 16.41% |
| 3 | Financials | 14.71% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
Clover Health Investments
CLOV
$2.28B
| $218K | ﹤0.01% |
101,699
+74,974
| +281% | +$199K |
|
2277
QuantumScape Corp
QS
$3.28B
| $218K | ﹤0.01% |
25,378
+1,346
| +6% | +$18K |
|
|
TA
2278
DELISTED
TravelCenters of America LLC
TA
| $218K | ﹤0.01% |
+6,312
| New | +$234K |
|
2279
Regional Management Corp
RM
$324M
| $217K | ﹤0.01% |
5,811
-2,563
| -31% | -$113K |
|
2280
GrafTech
EAF
$195M
| $216K | ﹤0.01% |
3,057
-352
| -10% | -$30.7K |
|
|
NKLA
2281
DELISTED
Nikola Corporation Common Stock
NKLA
| $216K | ﹤0.01% |
1,510
+127
| +9% | +$26K |
|
|
FSR
2282
DELISTED
Fisker Inc.
FSR
| $216K | ﹤0.01% |
25,221
-3,117
| -11% | -$32.3K |
|
2283
Ryman Hospitality Properties
RHP
$8.31B
| $214K | ﹤0.01% |
2,813
-6,517
| -70% | -$575K |
|
|
DOYU
2284
DouYu International Holdings
DOYU
$142M
| $213K | ﹤0.01% |
+17,736
| New | +$271K |
|
2285
Recursion Pharmaceuticals
RXRX
$1.69B
| $213K | ﹤0.01% |
26,179
-9,019
| -26% | -$60.3K |
|
2286
AbCellera Biologics
ABCL
$1.78B
| $212K | ﹤0.01% |
+19,903
| New | +$169K |
|
2287
Southern Missouri Bancorp
SMBC
$867M
| $211K | ﹤0.01% |
+4,659
| New | +$211K |
|
|
IMGN
2288
DELISTED
Immunogen Inc
IMGN
| $211K | ﹤0.01% |
46,883
-117,121
| -71% | -$509K |
|
2289
Principal Spectrum Preferred Securities Active ETF
PREF
$1.77B
| $210K | ﹤0.01% |
+12,193
| New | +$220K |
|
2290
Aurinia Pharmaceuticals
AUPH
$1.87B
| $209K | ﹤0.01% |
+20,811
| New | +$233K |
|
|
NEUE
2291
DELISTED
NeueHealth
NEUE
| $209K | ﹤0.01% |
1,440
+519
| +56% | +$75.5K |
|
2292
Cameco
CCJ
$39.1B
| $208K | ﹤0.01% |
9,898
-467
| -5% | -$11.8K |
|
|
CANO
2293
DELISTED
Cano Health, Inc.
CANO
| $208K | ﹤0.01% |
476
+280
| +143% | +$146K |
|
2294
Merchants Bancorp
MBIN
$2.56B
| $207K | ﹤0.01% |
9,128
-3,068
| -25% | -$74.8K |
|
|
BBUC
2295
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.42B
| $206K | ﹤0.01% |
+8,960
| New | +$242K |
|
2296
ImmunityBio
IBRX
$7.49B
| $206K | ﹤0.01% |
55,493
+9,925
| +22% | +$39.9K |
|
2297
Build-A-Bear
BBW
$424M
| $204K | ﹤0.01% |
+12,407
| New | +$227K |
|
2298
Copa Holdings
CPA
$5.96B
| $204K | ﹤0.01% |
3,218
-836,886
| -100% | -$59M |
|
2299
Asana
ASAN
$1.97B
| $201K | ﹤0.01% |
11,428
-1,236
| -10% | -$31.1K |
|
|
OPTU
2300
Optimum Communications Inc
OPTU
$336M
| $201K | ﹤0.01% |
21,678
+262
| +1% | +$2.74K |
|
Similar funds
Principal Financial Group's Q2 2022 Portfolio in Review
As of Q2 2022, Principal Financial Group held 2,734 positions worth $135B, down 15% from $159B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q2 2022 filing shows 195 new, 1,135 increased, 1,153 reduced and 225 closed positions. Its largest new stake was ESAB: 862,950 shares worth $37.8M. The largest sale was Salesforce, an estimated $251M.
By sector, the portfolio is most concentrated in Real Estate at 18% of assets, up from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q2 2022 buy was ESAB: 862,950 shares worth $37.8M.
- Principal Financial Group added most to Microsoft in Q2 2022, an estimated $364M increase.
- Principal Financial Group's biggest Q2 2022 reduction was Salesforce, cutting an estimated $251M.
- Principal Financial Group fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $202M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q2 2022.
- Principal Financial Group opened 195 new positions and closed 225 in Q2 2022.
- Principal Financial Group's portfolio value fell 15% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q2 2022, filed 10 Aug 2022.