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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$437M |
| 2 |
Americold
COLD
|
+$218M |
| 3 |
Canadian Natural Resources
CNQ
|
+$165M |
| 4 |
Realty Income
O
|
+$134M |
| 5 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equity Lifestyle Properties
ELS
|
+$262M |
| 2 |
Franco-Nevada
FNV
|
+$163M |
| 3 |
Moody's
MCO
|
+$150M |
| 4 |
CubeSmart
CUBE
|
+$140M |
| 5 |
TransUnion
TRU
|
+$106M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.47% |
| 2 | Real Estate | 15.68% |
| 3 | Financials | 15.55% |
| 4 | Consumer Discretionary | 11.35% |
| 5 | Industrials | 11.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWKS
2326
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $51.7K | ﹤0.01% |
+10,746
| New | +$44.1K |
|
|
TELL
2327
DELISTED
Tellurian Inc.
TELL
| $50.9K | ﹤0.01% |
67,366
-10,504
| -13% | -$7.45K |
|
2328
Community Health Systems
CYH
$412M
| $50.4K | ﹤0.01% |
16,108
-670,209
| -98% | -$1.81M |
|
2329
SGHC Ltd
SGHC
$6.96B
| $50.4K | ﹤0.01% |
15,890
+1,499
| +10% | +$5.04K |
|
2330
Kodiak Sciences
KOD
$2.49B
| $50K | ﹤0.01% |
16,461
+1,224
| +8% | +$2.72K |
|
2331
Planet Labs
PL
$7.67B
| $50K | ﹤0.01% |
20,240
+2,389
| +13% | +$5.65K |
|
2332
FTAI Infrastructure
FIP
$405M
| $48.9K | ﹤0.01% |
12,567
-2,086
| -14% | -$7.31K |
|
2333
PMV Pharmaceuticals
PMVP
$59.7M
| $48.4K | ﹤0.01% |
15,616
-903,526
| -98% | -$2.39M |
|
|
FRGE
2334
DELISTED
Forge Global Holdings
FRGE
| $47.5K | ﹤0.01% |
923
-105
| -10% | -$4.46K |
|
2335
American Well
AMWL
$180M
| $46.7K | ﹤0.01% |
1,569
-151
| -9% | -$3.71K |
|
|
BLUE
2336
DELISTED
bluebird bio
BLUE
| $46K | ﹤0.01% |
1,665
-222
| -12% | -$13.5K |
|
2337
EVgo
EVGO
$227M
| $45.8K | ﹤0.01% |
12,797
-1,048
| -8% | -$3.1K |
|
2338
Bit Digital
BTBT
$488M
| $45.2K | ﹤0.01% |
+10,683
| New | +$27.9K |
|
2339
TeraWulf
WULF
$9.33B
| $44.8K | ﹤0.01% |
18,647
-260
| -1% | -$354 |
|
|
IAUX
2340
i-80 Gold Corp
IAUX
$1.16B
| $42.7K | ﹤0.01% |
24,241
-2,571
| -10% | -$3.95K |
|
|
FSR
2341
DELISTED
Fisker Inc.
FSR
| $42.2K | ﹤0.01% |
24,129
+3,423
| +17% | +$12.1K |
|
|
TDAY
2342
USA Today Co
TDAY
$1.32B
| $41.9K | ﹤0.01% |
18,236
-3,022
| -14% | -$6.73K |
|
|
SHCR
2343
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $41.8K | ﹤0.01% |
38,736
-4,201
| -10% | -$4.31K |
|
|
THRX
2344
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $41.4K | ﹤0.01% |
10,216
-463
| -4% | -$1.41K |
|
2345
Seer Inc
SEER
$123M
| $40.8K | ﹤0.01% |
21,016
-2,763
| -12% | -$4.91K |
|
2346
Design Therapeutics
DSGN
$797M
| $40.3K | ﹤0.01% |
15,216
-701,602
| -98% | -$1.61M |
|
2347
Advantage Solutions
ADV
$527M
| $39.6K | ﹤0.01% |
437
-50
| -10% | -$3.56K |
|
2348
Ocugen
OCGN
$423M
| $39.4K | ﹤0.01% |
68,489
+6,728
| +11% | +$2.7K |
|
|
TRUE
2349
DELISTED
TrueCar
TRUE
| $38.5K | ﹤0.01% |
11,128
-1,849
| -14% | -$4.69K |
|
|
SFIX
2350
Stitch Fix
SFIX
$552M
| $38K | ﹤0.01% |
10,651
-426
| -4% | -$1.5K |
|
Similar funds
Principal Financial Group's Q4 2023 Portfolio in Review
As of Q4 2023, Principal Financial Group held 2,491 positions worth $157B, up 13% from $139B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Principal Financial Group's Q4 2023 filing shows 55 new, 722 increased, 1,607 reduced and 73 closed positions. Its largest new stake was Veralto: 341,316 shares worth $28.1M. The largest sale was Equity Lifestyle Properties, an estimated $262M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q4 2023 buy was Veralto: 341,316 shares worth $28.1M.
- Principal Financial Group added most to Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q4 2023, an estimated $437M increase.
- Principal Financial Group's biggest Q4 2023 reduction was Equity Lifestyle Properties, cutting an estimated $262M.
- Principal Financial Group fully exited Activision Blizzard in Q4 2023, selling an estimated $77.2M.
- Principal Financial Group's ten largest holdings make up 17% of its $157B portfolio in Q4 2023.
- Principal Financial Group opened 55 new positions and closed 73 in Q4 2023.
- Principal Financial Group's portfolio value rose 13% quarter-over-quarter to $157B.
Based on Principal Financial Group's 13F filing for Q4 2023, filed 7 Feb 2024.