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 |
Digital Realty Trust
DLR
|
+$405M |
| 2 |
Brookfield Asset Management
BAM
|
+$375M |
| 3 |
Gaming and Leisure Properties
GLPI
|
+$239M |
| 4 |
Welltower
WELL
|
+$218M |
| 5 |
American Tower
AMT
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STOR
STORE Capital Corporation
STOR
|
+$364M |
| 2 |
Brookfield
BN
|
+$235M |
| 3 |
Equinix
EQIX
|
+$232M |
| 4 |
Guidewire Software
GWRE
|
+$191M |
| 5 |
Liberty Broadband Class C
LBRDK
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.55% |
| 2 | Technology | 15.79% |
| 3 | Financials | 15.77% |
| 4 | Industrials | 10.84% |
| 5 | Consumer Discretionary | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
RLJ Lodging Trust
RLJ
$1.89B
| $111K | ﹤0.01% |
10,445
-6,086
| -37% | -$68.9K |
|
|
TWKS
2277
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $111K | ﹤0.01% |
+10,849
| New | +$101K |
|
|
MNTV
2278
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $110K | ﹤0.01% |
15,777
-2,995
| -16% | -$21.6K |
|
|
RAD
2279
DELISTED
Rite Aid Corporation
RAD
| $110K | ﹤0.01% |
+32,898
| New | +$156K |
|
|
SGMO
2280
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $109K | ﹤0.01% |
34,834
+4,544
| +15% | +$17.6K |
|
|
NSTG
2281
DELISTED
NanoString Technologies, Inc.
NSTG
| $109K | ﹤0.01% |
13,675
+1,831
| +15% | +$15.9K |
|
2282
Sutro Biopharma
STRO
$425M
| $109K | ﹤0.01% |
1,347
+308
| +30% | +$21.4K |
|
2283
Energy Fuels
UUUU
$3.21B
| $109K | ﹤0.01% |
17,483
-4,241
| -20% | -$28.1K |
|
2284
Zeta Global
ZETA
$6.05B
| $108K | ﹤0.01% |
13,229
-2,504
| -16% | -$20.3K |
|
|
KZR
2285
DELISTED
Kezar Life Sciences
KZR
| $107K | ﹤0.01% |
1,515
+405
| +36% | +$30K |
|
|
SLGC
2286
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $106K | ﹤0.01% |
42,312
+5,027
| +13% | +$14K |
|
2287
Playtika
PLTK
$1.54B
| $105K | ﹤0.01% |
12,375
+478
| +4% | +$4.43K |
|
|
CTEV
2288
Claritev Corp
CTEV
$450M
| $105K | ﹤0.01% |
2,280
-1,654
| -42% | -$132K |
|
|
TELL
2289
DELISTED
Tellurian Inc.
TELL
| $104K | ﹤0.01% |
61,781
-12,500
| -17% | -$31.3K |
|
2290
Ring Energy
REI
$320M
| $103K | ﹤0.01% |
42,051
+31,436
| +296% | +$86.3K |
|
2291
Globalstar
GSAT
$10.8B
| $103K | ﹤0.01% |
5,144
-1,202
| -19% | -$31.6K |
|
|
TSVT
2292
DELISTED
2seventy bio
TSVT
| $102K | ﹤0.01% |
10,903
+614
| +6% | +$8.66K |
|
2293
Erasca
ERAS
$6.38B
| $102K | ﹤0.01% |
23,583
+2,861
| +14% | +$19.4K |
|
2294
Joby Aviation
JOBY
$7.84B
| $98.4K | ﹤0.01% |
29,386
-6,244
| -18% | -$25.3K |
|
2295
Rocket Lab Corp
RKLB
$46.5B
| $98.4K | ﹤0.01% |
26,109
-4,934
| -16% | -$21.5K |
|
2296
Bionano Genomics
BNGO
$12.9M
| $97.9K | ﹤0.01% |
112
+6
| +6% | +$7.55K |
|
2297
Edgewise Therapeutics
EWTX
$4.81B
| $97.9K | ﹤0.01% |
+10,948
| New | +$103K |
|
|
SRNE
2298
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $94.1K | ﹤0.01% |
106,183
+22,657
| +27% | +$30.1K |
|
2299
Atea Pharmaceuticals
AVIR
$376M
| $94K | ﹤0.01% |
19,548
+2,041
| +12% | +$10.3K |
|
|
NGM
2300
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $93.9K | ﹤0.01% |
18,703
+4,657
| +33% | +$29.2K |
|
Similar funds
Principal Financial Group's Q4 2022 Portfolio in Review
As of Q4 2022, Principal Financial Group held 2,612 positions worth $133B, up 5.5% from $126B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q4 2022 filing shows 120 new, 876 increased, 1,421 reduced and 175 closed positions. Its largest new stake was Brookfield Asset Management: 12,455,054 shares worth $357M. The largest sale was STORE Capital Corporation, an estimated $364M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q4 2022 buy was Brookfield Asset Management: 12,455,054 shares worth $357M.
- Principal Financial Group added most to Digital Realty Trust in Q4 2022, an estimated $405M increase.
- Principal Financial Group's biggest Q4 2022 reduction was STORE Capital Corporation, cutting an estimated $364M.
- Principal Financial Group fully exited Petrobras in Q4 2022, selling an estimated $59M.
- Principal Financial Group's ten largest holdings make up 14% of its $133B portfolio in Q4 2022.
- Principal Financial Group opened 120 new positions and closed 175 in Q4 2022.
- Principal Financial Group's portfolio value rose 5.5% quarter-over-quarter to $133B.
Based on Principal Financial Group's 13F filing for Q4 2022, filed 9 Feb 2023.