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 | |
|---|---|---|---|---|---|---|
2401
Cannae Holdings
CNNE
$654M
| $223K | ﹤0.01% |
7,156
-1,700,769
| -100% | -$54.7M |
|
2402
Shoals Technologies Group
SHLS
$1.46B
| $222K | ﹤0.01% |
7,964
+774
| +11% | +$24K |
|
2403
Scholar Rock
SRRK
$5.74B
| $221K | ﹤0.01% |
6,683
-1,083
| -14% | -$37.9K |
|
2404
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $220K | ﹤0.01% |
+5,317
| New | +$226K |
|
2405
Blink Charging
BLNK
$79.6M
| $219K | ﹤0.01% |
7,663
+1,825
| +31% | +$59.2K |
|
2406
Verastem
VSTM
$516M
| $219K | ﹤0.01% |
5,914
+351
| +6% | +$12.9K |
|
|
AVID
2407
DELISTED
Avid Technology Inc
AVID
| $219K | ﹤0.01% |
7,589
+1,808
| +31% | +$55.8K |
|
2408
BOK Financial
BOKF
$8.78B
| $217K | ﹤0.01% |
2,426
-91
| -4% | -$7.79K |
|
2409
The RealReal
REAL
$1.52B
| $217K | ﹤0.01% |
16,494
+3,922
| +31% | +$58.1K |
|
2410
Rush Street Interactive
RSI
$2.67B
| $217K | ﹤0.01% |
+11,293
| New | +$154K |
|
|
AGR
2411
DELISTED
Avangrid, Inc.
AGR
| $217K | ﹤0.01% |
4,467
-169
| -4% | -$8.9K |
|
2412
Aspen Aerogels
ASPN
$415M
| $215K | ﹤0.01% |
+4,668
| New | +$185K |
|
|
SAVE
2413
DELISTED
Spirit Airlines, Inc.
SAVE
| $215K | ﹤0.01% |
8,303
-3,046
| -27% | -$79.9K |
|
2414
Arbor Realty Trust
ABR
$965M
| $214K | ﹤0.01% |
11,531
-3,154
| -21% | -$57K |
|
2415
Atea Pharmaceuticals
AVIR
$380M
| $213K | ﹤0.01% |
+6,080
| New | +$169K |
|
2416
Diageo
DEO
$49.2B
| $212K | ﹤0.01% |
1,100
| – | – |
|
2417
ImmunityBio
IBRX
$7.59B
| $211K | ﹤0.01% |
21,653
-3,510
| -14% | -$38.6K |
|
2418
Ferrari
RACE
$71.5B
| $211K | ﹤0.01% |
1,007
| – | – |
|
|
DNB
2419
DELISTED
Dun & Bradstreet
DNB
| $210K | ﹤0.01% |
12,494
-476
| -4% | -$9.06K |
|
2420
Smith & Wesson
SWBI
$658M
| $209K | ﹤0.01% |
10,059
+1,557
| +18% | +$37.4K |
|
|
PRMW
2421
DELISTED
Primo Water Corporation
PRMW
| $209K | ﹤0.01% |
13,281
-4,871
| -27% | -$82K |
|
2422
Lemonade
LMND
$4.03B
| $208K | ﹤0.01% |
3,100
-102
| -3% | -$8.22K |
|
2423
RLJ Lodging Trust
RLJ
$1.87B
| $208K | ﹤0.01% |
13,967
-4,929
| -26% | -$70.8K |
|
2424
Melco Resorts & Entertainment
MLCO
$2.19B
| $207K | ﹤0.01% |
20,211
-12,070
| -37% | -$159K |
|
2425
Utz Brands
UTZ
$1.25B
| $206K | ﹤0.01% |
12,005
+2,577
| +27% | +$52.4K |
|
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.