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 | |
|---|---|---|---|---|---|---|
|
ROVR
2376
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $40.7K | ﹤0.01% |
11,095
-2,203
| -17% | -$9.45K |
|
2377
Nordic American Tanker
NAT
$1.33B
| $40.6K | ﹤0.01% |
13,259
-7,069
| -35% | -$22.8K |
|
|
BHIL
2378
DELISTED
Benson Hill, Inc.
BHIL
| $40.3K | ﹤0.01% |
451
-157
| -26% | -$15.4K |
|
2379
UWM Holdings
UWMC
$661M
| $39.1K | ﹤0.01% |
11,819
+317
| +3% | +$1.19K |
|
|
VXRT
2380
DELISTED
Vaxart
VXRT
| $36.1K | ﹤0.01% |
37,566
+9,053
| +32% | +$12.8K |
|
2381
SmartRent
SMRT
$201M
| $35.7K | ﹤0.01% |
14,674
-2,642
| -15% | -$6.53K |
|
2382
Invivyd
IVVD
$168M
| $35.6K | ﹤0.01% |
+23,739
| New | +$66K |
|
2383
Riot Platforms
RIOT
$8.18B
| $34.7K | ﹤0.01% |
10,250
-3,656
| -26% | -$18.9K |
|
2384
Torrid Holdings
CURV
$265M
| $33.9K | ﹤0.01% |
11,444
+520
| +5% | +$2.12K |
|
2385
Brookdale Senior Living
BKD
$3.4B
| $33K | ﹤0.01% |
12,097
-85,637
| -88% | -$320K |
|
|
SHCR
2386
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $30.6K | ﹤0.01% |
19,149
-50,036
| -72% | -$92.6K |
|
2387
Solid Power
SLDP
$520M
| $29.9K | ﹤0.01% |
11,766
-3,832
| -25% | -$16.4K |
|
|
WE
2388
DELISTED
WeWork Inc.
WE
| $29.1K | ﹤0.01% |
509
+144
| +39% | +$13.5K |
|
|
NVTA
2389
DELISTED
Invitae Corporation
NVTA
| $28.5K | ﹤0.01% |
15,332
-35,048
| -70% | -$85.6K |
|
|
URG
2390
Ur-Energy
URG
$513M
| $28.5K | ﹤0.01% |
24,755
-5,123
| -17% | -$6.24K |
|
2391
Workhorse Group
WKHS
$37.4M
| $27.8K | ﹤0.01% |
6
-1
| -14% | -$6.89K |
|
2392
Microvast
MVST
$288M
| $25.2K | ﹤0.01% |
16,502
-5,172
| -24% | -$10.5K |
|
2393
Clear Channel Outdoor Holdings
CCO
$1.23B
| $25K | ﹤0.01% |
23,817
-13,444
| -36% | -$16.9K |
|
|
GOEV
2394
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $24.5K | ﹤0.01% |
43
-1
| -2% | -$613 |
|
2395
Gevo
GEVO
$377M
| $24.3K | ﹤0.01% |
12,764
-7,481
| -37% | -$15.8K |
|
|
DM
2396
DELISTED
Desktop Metal, Inc.
DM
| $23.2K | ﹤0.01% |
1,705
-1,031
| -38% | -$21.5K |
|
|
AMRS
2397
DELISTED
Amyris Inc.
AMRS
| $22K | ﹤0.01% |
14,359
-6,500
| -31% | -$14.5K |
|
2398
Xeris Biopharma Holdings
XERS
$1.42B
| $21.3K | ﹤0.01% |
15,994
-70,054
| -81% | -$98.9K |
|
2399
FuboTV Inc
FUBO
$284M
| $21K | ﹤0.01% |
1,004
-528
| -34% | -$19.3K |
|
2400
VistaGen Therapeutics
VTGN
$12.1M
| $19.6K | ﹤0.01% |
6,352
+5,417
| +579% | +$20.4K |
|
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.