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 |
Ventas
VTR
|
+$616M |
| 2 |
Etsy
ETSY
|
+$373M |
| 3 |
MPT
Medical Properties Trust
MPT
|
+$332M |
| 4 |
Moderna
MRNA
|
+$148M |
| 5 |
HR
Healthcare Realty Trust Incorporated
HR
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Welltower
WELL
|
+$725M |
| 2 |
Restaurant Brands International
QSR
|
+$269M |
| 3 |
Fidelity National Financial
FNF
|
+$181M |
| 4 |
Prologis
PLD
|
+$162M |
| 5 |
Credit Acceptance
CACC
|
+$162M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.12% |
| 2 | Real Estate | 16.4% |
| 3 | Financials | 14.67% |
| 4 | Consumer Discretionary | 12.1% |
| 5 | Healthcare | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2376
Axsome Therapeutics
AXSM
$11B
| $244K | ﹤0.01% |
7,418
-5,646
| -43% | -$220K |
|
|
VRNT
2377
DELISTED
Verint Systems
VRNT
| $244K | ﹤0.01% |
5,440
-1,996
| -27% | -$86.8K |
|
|
CLR
2378
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $244K | ﹤0.01% |
5,279
-174
| -3% | -$6.57K |
|
2379
Stem
STEM
$52M
| $243K | ﹤0.01% |
509
+8
| +2% | +$4.21K |
|
2380
Atlantic Union Bankshares
AUB
$6.11B
| $239K | ﹤0.01% |
6,477
-2,620
| -29% | -$94.3K |
|
|
MODN
2381
DELISTED
MODEL N, INC.
MODN
| $239K | ﹤0.01% |
+7,139
| New | +$241K |
|
2382
Arcutis Biotherapeutics
ARQT
$3.39B
| $238K | ﹤0.01% |
9,951
-1,611
| -14% | -$36.7K |
|
2383
iShares MBS ETF
MBB
$39.1B
| $238K | ﹤0.01% |
2,200
-1,089
| -33% | -$118K |
|
2384
Telos
TLS
$350M
| $238K | ﹤0.01% |
+8,377
| New | +$252K |
|
|
EVOP
2385
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $235K | ﹤0.01% |
9,941
+2,441
| +33% | +$64.8K |
|
|
CCXI
2386
DELISTED
ChemoCentryx, Inc.
CCXI
| $235K | ﹤0.01% |
13,750
-2,227
| -14% | -$34.7K |
|
|
HAPN
2387
Happen Inc
HAPN
$2.36B
| $234K | ﹤0.01% |
8,293
-2,842
| -26% | -$70.4K |
|
2388
Rocket Companies
RKT
$39.2B
| $233K | ﹤0.01% |
14,528
-206
| -1% | -$3.6K |
|
2389
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $233K | ﹤0.01% |
543
-273
| -33% | -$120K |
|
|
BSJM
2390
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $233K | ﹤0.01% |
10,028
+124
| +1% | +$2.89K |
|
2391
Orion
OEC
$370M
| $232K | ﹤0.01% |
+12,714
| New | +$228K |
|
|
AMRS
2392
DELISTED
Amyris Inc.
AMRS
| $232K | ﹤0.01% |
16,869
-3,254
| -16% | -$46.6K |
|
2393
Seres Therapeutics
MCRB
$48.4M
| $230K | ﹤0.01% |
1,657
-1,219
| -42% | -$239K |
|
2394
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.61B
| $229K | ﹤0.01% |
5,001
-1,533
| -23% | -$70.1K |
|
|
FRTA
2395
DELISTED
Forterra, Inc
FRTA
| $229K | ﹤0.01% |
9,711
+60
| +0.6% | +$1.41K |
|
2396
Krystal Biotech
KRYS
$9.64B
| $227K | ﹤0.01% |
4,356
-704
| -14% | -$41.7K |
|
2397
iShares US Energy ETF
IYE
$1.7B
| $226K | ﹤0.01% |
7,998
-2,033
| -20% | -$54.6K |
|
2398
MGE Energy Inc
MGEE
$3.03B
| $226K | ﹤0.01% |
3,075
-1,129
| -27% | -$88.4K |
|
|
DNMR
2399
DELISTED
Danimer Scientific, Inc.
DNMR
| $225K | ﹤0.01% |
345
+70
| +25% | +$51.5K |
|
2400
Impinj
PI
$4.99B
| $224K | ﹤0.01% |
+3,921
| New | +$200K |
|
Similar funds
Principal Financial Group's Q3 2021 Portfolio in Review
As of Q3 2021, Principal Financial Group held 2,664 positions worth $153B, down 0.92% from $155B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q3 2021 filing shows 68 new, 1,034 increased, 1,458 reduced and 90 closed positions. Its largest new stake was Core & Main: 1,236,704 shares worth $32.4M. The largest sale was Welltower, an estimated $725M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2021 buy was Core & Main: 1,236,704 shares worth $32.4M.
- Principal Financial Group added most to Ventas in Q3 2021, an estimated $616M increase.
- Principal Financial Group's biggest Q3 2021 reduction was Welltower, cutting an estimated $725M.
- Principal Financial Group fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $52.5M.
- Principal Financial Group's ten largest holdings make up 14% of its $153B portfolio in Q3 2021.
- Principal Financial Group opened 68 new positions and closed 90 in Q3 2021.
- Principal Financial Group's portfolio value fell 0.92% quarter-over-quarter to $153B.
Based on Principal Financial Group's 13F filing for Q3 2021, filed 9 Nov 2021.