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 | |
|---|---|---|---|---|---|---|
2276
Virgin Galactic
SPCE
$371M
| $133K | ﹤0.01% |
1,409
+253
| +22% | +$32.5K |
|
2277
Energy Fuels
UUUU
$3.11B
| $133K | ﹤0.01% |
21,724
+206
| +1% | +$1.32K |
|
|
INFN
2278
DELISTED
Infinera Corporation Common Stock
INFN
| $133K | ﹤0.01% |
27,555
-1,814
| -6% | -$9.94K |
|
|
DCT
2279
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $133K | ﹤0.01% |
11,242
-81,441
| -88% | -$1.08M |
|
|
SHCR
2280
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $131K | ﹤0.01% |
69,185
+27,669
| +67% | +$48.5K |
|
|
SRNE
2281
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $131K | ﹤0.01% |
83,526
+17,128
| +26% | +$38.9K |
|
2282
Kratos Defense & Security Solutions
KTOS
$10.4B
| $130K | ﹤0.01% |
+12,772
| New | +$171K |
|
|
ZUO
2283
DELISTED
Zuora, Inc.
ZUO
| $129K | ﹤0.01% |
17,527
+10
| +0.1% | +$86 |
|
|
MRSN
2284
DELISTED
Mersana Therapeutics
MRSN
| $128K | ﹤0.01% |
757
+199
| +36% | +$32.3K |
|
|
CTIC
2285
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $128K | ﹤0.01% |
22,000
+4,556
| +26% | +$28.4K |
|
|
STKL
2286
DELISTED
SunOpta
STKL
| $127K | ﹤0.01% |
13,949
-43,780
| -76% | -$415K |
|
|
UDMY
2287
DELISTED
Udemy
UDMY
| $127K | ﹤0.01% |
10,503
-693
| -6% | -$9.24K |
|
2288
Rocket Lab Corp
RKLB
$46.7B
| $126K | ﹤0.01% |
31,043
-2,042
| -6% | -$10.1K |
|
|
CIM
2289
Chimera Investment
CIM
$991M
| $125K | ﹤0.01% |
7,981
+3,833
| +92% | +$99.8K |
|
|
ETWO
2290
DELISTED
E2open Parent Holdings
ETWO
| $125K | ﹤0.01% |
20,594
+10,172
| +98% | +$71.2K |
|
|
NVTA
2291
DELISTED
Invitae Corporation
NVTA
| $124K | ﹤0.01% |
50,380
+12,732
| +34% | +$38.6K |
|
|
LPRO
2292
DELISTED
Open Lending Corp
LPRO
| $123K | ﹤0.01% |
15,359
-1,011
| -6% | -$10.2K |
|
|
PGRE
2293
DELISTED
Paramount Group
PGRE
| $123K | ﹤0.01% |
+19,761
| New | +$142K |
|
2294
Snap
SNAP
$9.01B
| $123K | ﹤0.01% |
12,498
-26,590
| -68% | -$309K |
|
|
CLVS
2295
DELISTED
Clovis Oncology, Inc.
CLVS
| $123K | ﹤0.01% |
103,638
-151,745
| -59% | -$237K |
|
2296
Marathon Digital Holdings
MARA
$4.29B
| $122K | ﹤0.01% |
+11,433
| New | +$135K |
|
2297
GrafTech
EAF
$200M
| $120K | ﹤0.01% |
2,786
-271
| -9% | -$17.2K |
|
2298
Acco Brands
ACCO
$402M
| $119K | ﹤0.01% |
24,402
-21,557
| -47% | -$136K |
|
|
HAPN
2299
Happen Inc
HAPN
$2.36B
| $119K | ﹤0.01% |
+10,813
| New | +$146K |
|
2300
Lightwave Logic
LWLG
$1.12B
| $119K | ﹤0.01% |
16,271
-1,071
| -6% | -$10K |
|
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.