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 | |
|---|---|---|---|---|---|---|
2326
Heron Therapeutics
HRTX
$96.8M
| $82.7K | ﹤0.01% |
33,093
+6,342
| +24% | +$20.4K |
|
|
OLPX
2327
DELISTED
Olaplex Holdings
OLPX
| $82.2K | ﹤0.01% |
15,786
-18,036
| -53% | -$107K |
|
2328
Seer Inc
SEER
$122M
| $80.4K | ﹤0.01% |
13,863
+1,942
| +16% | +$13.1K |
|
2329
MiMedx Group
MDXG
$622M
| $79.7K | ﹤0.01% |
28,653
+4,008
| +16% | +$12K |
|
2330
Monte Rosa Therapeutics
GLUE
$1.36B
| $78.9K | ﹤0.01% |
+10,374
| New | +$86.4K |
|
|
CANO
2331
DELISTED
Cano Health, Inc.
CANO
| $78.9K | ﹤0.01% |
576
+109
| +23% | +$36.9K |
|
2332
Lexicon Pharmaceuticals
LXRX
$1.11B
| $78.7K | ﹤0.01% |
41,211
+31,205
| +312% | +$66.4K |
|
2333
PureCycle Technologies
PCT
$1.45B
| $78.7K | ﹤0.01% |
11,638
-2,886
| -20% | -$20.8K |
|
2334
Planet Labs
PL
$8.14B
| $78K | ﹤0.01% |
17,942
-3,888
| -18% | -$20.1K |
|
2335
Compass
COMP
$8.97B
| $77K | ﹤0.01% |
33,066
-5,956
| -15% | -$15.6K |
|
2336
Atara Biotherapeutics
ATRA
$79M
| $77K | ﹤0.01% |
939
+123
| +15% | +$12.8K |
|
2337
Virgin Galactic
SPCE
$379M
| $76.6K | ﹤0.01% |
1,101
-308
| -22% | -$28.7K |
|
|
ETWO
2338
DELISTED
E2open Parent Holdings
ETWO
| $76.2K | ﹤0.01% |
12,975
-7,619
| -37% | -$43.6K |
|
2339
Precigen
PGEN
$2.33B
| $75.7K | ﹤0.01% |
49,821
+12,085
| +32% | +$20.8K |
|
|
PTRA
2340
DELISTED
Proterra Inc. Common Stock
PTRA
| $75.6K | ﹤0.01% |
20,064
-7,062
| -26% | -$37.3K |
|
2341
Ardagh Metal Packaging
AMBP
$2.96B
| $74.8K | ﹤0.01% |
15,543
-1,921
| -11% | -$8.81K |
|
2342
indie Semiconductor
INDI
$769M
| $72K | ﹤0.01% |
12,351
-2,173
| -15% | -$16K |
|
2343
Ocular Therapeutix
OCUL
$1.89B
| $69K | ﹤0.01% |
24,566
+4,471
| +22% | +$14.8K |
|
2344
C4 Therapeutics
CCCC
$399M
| $67.1K | ﹤0.01% |
+11,365
| New | +$94.2K |
|
|
MTTR
2345
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $66.2K | ﹤0.01% |
23,634
-5,746
| -20% | -$18.4K |
|
2346
AvePoint
AVPT
$2.86B
| $64.1K | ﹤0.01% |
15,592
-3,156
| -17% | -$13.5K |
|
2347
Carvana
CVNA
$74.8B
| $62.8K | ﹤0.01% |
66,230
-3,355
| -5% | -$7.08K |
|
|
KNTE
2348
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $62.5K | ﹤0.01% |
+10,243
| New | +$83.4K |
|
2349
Nkarta
NKTX
$162M
| $61K | ﹤0.01% |
+10,178
| New | +$103K |
|
2350
Coeur Mining
CDE
$16.7B
| $61K | ﹤0.01% |
18,143
-10,649
| -37% | -$37.8K |
|
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.