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 |
Brookfield
BN
|
+$274M |
| 2 |
Visa
V
|
+$215M |
| 3 |
Toronto Dominion Bank
TD
|
+$209M |
| 4 |
Canadian National Railway
CNI
|
+$206M |
| 5 |
HEICO Corp Class A
HEI.A
|
+$199M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$423M |
| 2 |
NVIDIA
NVDA
|
+$253M |
| 3 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$245M |
| 4 |
Invitation Homes
INVH
|
+$236M |
| 5 |
Mettler-Toledo International
MTD
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.55% |
| 2 | Real Estate | 17.45% |
| 3 | Financials | 14.34% |
| 4 | Consumer Discretionary | 11.05% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DM
2401
DELISTED
Desktop Metal, Inc.
DM
| $131K | ﹤0.01% |
2,755
+111
| +4% | +$4.7K |
|
|
SURF
2402
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $130K | ﹤0.01% |
44,105
-20,052
| -31% | -$70.3K |
|
|
BTRS
2403
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
| $129K | ﹤0.01% |
17,265
+6,093
| +55% | +$39.4K |
|
|
LX
2404
LexinFintech Holdings
LX
$244M
| $128K | ﹤0.01% |
48,961
-110,458
| -69% | -$366K |
|
2405
Accel Entertainment
ACEL
$1.01B
| $126K | ﹤0.01% |
+10,313
| New | +$133K |
|
|
SIEN
2406
DELISTED
Sientra, Inc.
SIEN
| $126K | ﹤0.01% |
5,659
-2,574
| -31% | -$70.5K |
|
|
CANO
2407
DELISTED
Cano Health, Inc.
CANO
| $125K | ﹤0.01% |
196
-11
| -5% | -$6.93K |
|
|
JNCE
2408
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $125K | ﹤0.01% |
18,373
-9,444
| -34% | -$67.3K |
|
2409
SoFi Technologies
SOFI
$23.5B
| $120K | ﹤0.01% |
12,732
+206
| +2% | +$2.37K |
|
2410
Liberty Latin America Class C
LILAK
$1.66B
| $119K | ﹤0.01% |
13,618
-1,197
| -8% | -$11.4K |
|
2411
Hims & Hers Health
HIMS
$7.33B
| $118K | ﹤0.01% |
22,080
-1,244
| -5% | -$6.15K |
|
2412
Paysafe
PSFE
$412M
| $118K | ﹤0.01% |
2,904
-1,004
| -26% | -$41.4K |
|
2413
Harvard Bioscience
HBIO
$28.7M
| $117K | ﹤0.01% |
1,892
-962
| -34% | -$56.9K |
|
2414
ADT
ADT
$5.63B
| $116K | ﹤0.01% |
15,328
+4,727
| +45% | +$36K |
|
|
CASA
2415
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $116K | ﹤0.01% |
25,629
-12,937
| -34% | -$58.9K |
|
2416
Clear Channel Outdoor Holdings
CCO
$1.23B
| $112K | ﹤0.01% |
32,253
-1,921
| -6% | -$6.53K |
|
2417
Empire State Realty Trust
ESRT
$845M
| $112K | ﹤0.01% |
11,454
-1,007
| -8% | -$9.48K |
|
2418
BGC Group
BGC
$5.18B
| $111K | ﹤0.01% |
25,213
-2,213
| -8% | -$9.79K |
|
2419
Lexicon Pharmaceuticals
LXRX
$1.09B
| $108K | ﹤0.01% |
51,855
-18,934
| -27% | -$52.5K |
|
2420
The RealReal
REAL
$1.52B
| $106K | ﹤0.01% |
14,611
+1,039
| +8% | +$9.19K |
|
|
QUOT
2421
DELISTED
Quotient Technology Inc
QUOT
| $105K | ﹤0.01% |
16,518
+1,175
| +8% | +$7.88K |
|
|
CLSD
2422
DELISTED
Clearside Biomedical
CLSD
| $104K | ﹤0.01% |
3,025
-1,331
| -31% | -$39.8K |
|
2423
Ouster
OUST
$3.04B
| $104K | ﹤0.01% |
2,316
-347
| -13% | -$12.8K |
|
|
EMKR
2424
DELISTED
Emcore Corp
EMKR
| $104K | ﹤0.01% |
2,809
-1,416
| -34% | -$67.8K |
|
2425
Theravance Biopharma
TBPH
$876M
| $101K | ﹤0.01% |
+10,525
| New | +$103K |
|
Similar funds
Principal Financial Group's Q1 2022 Portfolio in Review
As of Q1 2022, Principal Financial Group held 2,636 positions worth $159B, down 5.3% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q1 2022 filing shows 113 new, 868 increased, 1,537 reduced and 97 closed positions. Its largest new stake was Toronto Dominion Bank: 2,598,948 shares worth $206M. The largest sale was Principal Exchange-Traded Funds Principal US Small-Cap ETF, an estimated $423M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2022 buy was Toronto Dominion Bank: 2,598,948 shares worth $206M.
- Principal Financial Group added most to Brookfield in Q1 2022, an estimated $274M increase.
- Principal Financial Group's biggest Q1 2022 reduction was Principal Exchange-Traded Funds Principal US Small-Cap ETF, cutting an estimated $423M.
- Principal Financial Group fully exited Sterling Bancorp in Q1 2022, selling an estimated $93.8M.
- Principal Financial Group's ten largest holdings make up 15% of its $159B portfolio in Q1 2022.
- Principal Financial Group opened 113 new positions and closed 97 in Q1 2022.
- Principal Financial Group's portfolio value fell 5.3% quarter-over-quarter to $159B.
Based on Principal Financial Group's 13F filing for Q1 2022, filed 9 May 2022.