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 |
Intuitive Surgical
ISRG
|
+$193M |
| 2 |
Agree Realty
ADC
|
+$165M |
| 3 |
Tyler Technologies
TYL
|
+$162M |
| 4 |
SBA Communications
SBAC
|
+$105M |
| 5 |
CoStar Group
CSGP
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RP
RealPage, Inc.
RP
|
+$285M |
| 2 |
Apple
AAPL
|
+$261M |
| 3 |
Deere & Co
DE
|
+$203M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$193M |
| 5 |
Microsoft
MSFT
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.25% |
| 2 | Financials | 15.26% |
| 3 | Real Estate | 14.94% |
| 4 | Consumer Discretionary | 12.64% |
| 5 | Industrials | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NAV
2351
DELISTED
Navistar International
NAV
| $224K | ﹤0.01% |
+5,077
| New | +$224K |
|
2352
Coeur Mining
CDE
$16.4B
| $223K | ﹤0.01% |
24,736
+9,308
| +60% | +$86.5K |
|
2353
iShares MSCI Intl Quality Factor ETF
IQLT
$14.1B
| $223K | ﹤0.01% |
+6,132
| New | +$222K |
|
2354
Vaxcyte
PCVX
$8.37B
| $223K | ﹤0.01% |
11,314
+797
| +8% | +$20.1K |
|
2355
Transmedics
TMDX
$2.69B
| $223K | ﹤0.01% |
+5,363
| New | +$165K |
|
|
CDMO
2356
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $223K | ﹤0.01% |
12,214
-1,051
| -8% | -$17.5K |
|
2357
Inspire 100 ETF
BIBL
$494M
| $222K | ﹤0.01% |
+5,681
| New | +$215K |
|
2358
Gray Television
GTN
$462M
| $222K | ﹤0.01% |
12,043
+1,381
| +13% | +$25.6K |
|
|
NVEE
2359
DELISTED
NV5 Global
NVEE
| $222K | ﹤0.01% |
9,212
-1,240
| -12% | -$29.6K |
|
|
EQC
2360
DELISTED
Equity Commonwealth
EQC
| $222K | ﹤0.01% |
+7,980
| New | +$226K |
|
2361
Virtu Financial
VIRT
$4.94B
| $219K | ﹤0.01% |
+7,046
| New | +$194K |
|
|
GBIO
2362
DELISTED
Generation Bio
GBIO
| $218K | ﹤0.01% |
+765
| New | +$245K |
|
2363
Outfront Media
OUT
$5.46B
| $218K | ﹤0.01% |
+10,164
| New | +$207K |
|
|
PDM
2364
Piedmont Realty Trust
PDM
$1.19B
| $218K | ﹤0.01% |
+12,558
| New | +$212K |
|
|
TWOU
2365
DELISTED
2U Inc
TWOU
| $218K | ﹤0.01% |
190
+11
| +6% | +$13.9K |
|
2366
iShares US Medical Devices ETF
IHI
$3.35B
| $217K | ﹤0.01% |
3,936
-1,590
| -29% | -$88.2K |
|
2367
BioXcel Therapeutics
BTAI
$25.2M
| $214K | ﹤0.01% |
310
+21
| +7% | +$16.9K |
|
2368
Impinj
PI
$5.17B
| $213K | ﹤0.01% |
+3,751
| New | +$221K |
|
2369
Protagonist Therapeutics
PTGX
$9.38B
| $212K | ﹤0.01% |
+8,176
| New | +$207K |
|
2370
Lemonade
LMND
$4.03B
| $210K | ﹤0.01% |
+2,258
| New | +$292K |
|
2371
Transocean
RIG
$5.78B
| $210K | ﹤0.01% |
59,077
+22,093
| +60% | +$76.8K |
|
|
KBAL
2372
DELISTED
Kimball International
KBAL
| $210K | ﹤0.01% |
14,967
+1,135
| +8% | +$14.7K |
|
2373
Rush Enterprises Class A
RUSHA
$6.26B
| $209K | ﹤0.01% |
+6,291
| New | +$188K |
|
2374
Westlake Corp
WLK
$10.1B
| $209K | ﹤0.01% |
+2,357
| New | +$205K |
|
2375
Rhythm Pharmaceuticals
RYTM
$7.55B
| $208K | ﹤0.01% |
9,802
-8,000
| -45% | -$232K |
|
Similar funds
Principal Financial Group's Q1 2021 Portfolio in Review
As of Q1 2021, Principal Financial Group held 2,536 positions worth $142B, up 5.3% from $135B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2021 filing shows 122 new, 1,357 increased, 986 reduced and 57 closed positions. Its largest new stake was Copa Holdings: 596,434 shares worth $48.2M. The largest sale was RealPage, Inc., an estimated $285M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2021 buy was Copa Holdings: 596,434 shares worth $48.2M.
- Principal Financial Group added most to Intuitive Surgical in Q1 2021, an estimated $193M increase.
- Principal Financial Group's biggest Q1 2021 reduction was RealPage, Inc., cutting an estimated $285M.
- Principal Financial Group fully exited HMS Holdings Corp. in Q1 2021, selling an estimated $47.9M.
- Principal Financial Group's ten largest holdings make up 14% of its $142B portfolio in Q1 2021.
- Principal Financial Group opened 122 new positions and closed 57 in Q1 2021.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $142B.
Based on Principal Financial Group's 13F filing for Q1 2021, filed 10 May 2021.