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 | |
|---|---|---|---|---|---|---|
2351
Microvast
MVST
$274M
| $37.9K | ﹤0.01% |
27,087
+12,884
| +91% | +$17.3K |
|
2352
W&T Offshore
WTI
$522M
| $37.3K | ﹤0.01% |
11,434
+1,065
| +10% | +$3.93K |
|
|
ME
2353
DELISTED
23andMe Holding Co
ME
| $35K | ﹤0.01% |
1,918
+95
| +5% | +$1.64K |
|
2354
Summit Therapeutics
SMMT
$10.4B
| $34.9K | ﹤0.01% |
13,378
+1,294
| +11% | +$2.66K |
|
2355
Inovio Pharmaceuticals
INO
$57.3M
| $34.9K | ﹤0.01% |
5,696
+585
| +11% | +$2.89K |
|
2356
iHeartMedia
IHRT
$602M
| $34.8K | ﹤0.01% |
13,042
-2,165
| -14% | -$5.47K |
|
|
NXDR
2357
Nextdoor Holdings
NXDR
$866M
| $34.4K | ﹤0.01% |
18,177
+1,254
| +7% | +$2.21K |
|
2358
Gevo
GEVO
$355M
| $34.2K | ﹤0.01% |
29,462
-3,345
| -10% | -$3.82K |
|
2359
SoundHound AI
SOUN
$2.66B
| $33.8K | ﹤0.01% |
15,931
+1,675
| +12% | +$3.32K |
|
|
VTYX
2360
DELISTED
Ventyx Biosciences
VTYX
| $32.7K | ﹤0.01% |
13,241
+418
| +3% | +$3.97K |
|
2361
Accuray
ARAY
$32.2M
| $32.6K | ﹤0.01% |
+11,509
| New | +$31.4K |
|
2362
Ribbon Communications
RBBN
$373M
| $32.5K | ﹤0.01% |
11,211
-1,860
| -14% | -$4.19K |
|
2363
Gossamer Bio
GOSS
$84.9M
| $31.5K | ﹤0.01% |
34,543
+1,039
| +3% | +$768 |
|
2364
SkinHealth Systems
SKIN
$90.6M
| $31.3K | ﹤0.01% |
10,060
-965,868
| -99% | -$3.62M |
|
2365
Douglas Elliman
DOUG
$158M
| $30.1K | ﹤0.01% |
10,210
-3,098
| -23% | -$6.49K |
|
2366
Nektar Therapeutics
NKTR
$2.38B
| $29.4K | ﹤0.01% |
3,467
-386
| -10% | -$2.92K |
|
2367
Scilex Holding
SCLX
$46.1M
| $29.2K | ﹤0.01% |
408
| – | – |
|
2368
Energy Vault
NRGV
$553M
| $29.1K | ﹤0.01% |
12,474
-1,285
| -9% | -$2.96K |
|
2369
PLAYSTUDIOS Inc
MYPS
$83.7M
| $27.9K | ﹤0.01% |
10,300
-1,712
| -14% | -$4.67K |
|
2370
SES AI
SES
$218M
| $27.5K | ﹤0.01% |
15,003
-2,267
| -13% | -$4.89K |
|
|
SGMO
2371
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $27.4K | ﹤0.01% |
50,448
-3,556
| -7% | -$1.64K |
|
2372
Karyopharm Therapeutics
KPTI
$44.6M
| $27.2K | ﹤0.01% |
2,096
-93
| -4% | -$1.25K |
|
2373
Solid Power
SLDP
$479M
| $27K | ﹤0.01% |
18,648
-3,090
| -14% | -$4.63K |
|
|
DM
2374
DELISTED
Desktop Metal, Inc.
DM
| $26.7K | ﹤0.01% |
3,559
-588
| -14% | -$5.33K |
|
2375
Nuvation Bio
NUVB
$2.14B
| $26.5K | ﹤0.01% |
17,545
-2,906
| -14% | -$3.74K |
|
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.