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 |
CoStar Group
CSGP
|
+$486M |
| 2 |
Marriott Vacations Worldwide
VAC
|
+$246M |
| 3 |
Broadstone Net Lease
BNL
|
+$244M |
| 4 |
Tyler Technologies
TYL
|
+$235M |
| 5 |
Equinix
EQIX
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Motorola Solutions
MSI
|
+$309M |
| 2 |
Prologis
PLD
|
+$303M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$300M |
| 4 |
Gartner
IT
|
+$262M |
| 5 |
CBRE Group
CBRE
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.69% |
| 2 | Real Estate | 16% |
| 3 | Financials | 14.93% |
| 4 | Consumer Discretionary | 12.35% |
| 5 | Industrials | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2426
Nkarta
NKTX
$150M
| $238K | ﹤0.01% |
+7,525
| New | +$217K |
|
|
AGR
2427
DELISTED
Avangrid, Inc.
AGR
| $238K | ﹤0.01% |
+4,636
| New | +$242K |
|
2428
iShares Global Tech ETF
IXN
$8.32B
| $236K | ﹤0.01% |
4,188
-2,388
| -36% | -$129K |
|
2429
Towne Bank
TOWN
$3.46B
| $236K | ﹤0.01% |
7,752
+977
| +14% | +$30.6K |
|
|
TELL
2430
DELISTED
Tellurian Inc.
TELL
| $236K | ﹤0.01% |
50,680
+34,317
| +210% | +$105K |
|
|
MFA
2431
MFA Financial
MFA
$926M
| $235K | ﹤0.01% |
12,796
+1,319
| +11% | +$23.3K |
|
|
SDC
2432
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $235K | ﹤0.01% |
27,096
+2,496
| +10% | +$23K |
|
2433
GoPro
GPRO
$130M
| $233K | ﹤0.01% |
19,967
-4,633
| -19% | -$52.3K |
|
2434
Otter Tail
OTTR
$3.71B
| $232K | ﹤0.01% |
4,749
-939
| -17% | -$44.9K |
|
|
BSJM
2435
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $231K | ﹤0.01% |
+9,904
| New | +$231K |
|
|
CXP
2436
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $230K | ﹤0.01% |
13,235
+1,648
| +14% | +$29.7K |
|
|
FRTA
2437
DELISTED
Forterra, Inc
FRTA
| $227K | ﹤0.01% |
9,651
-855
| -8% | -$20K |
|
2438
Airbnb
ABNB
$89.9B
| $226K | ﹤0.01% |
+1,473
| New | +$231K |
|
|
AVID
2439
DELISTED
Avid Technology Inc
AVID
| $226K | ﹤0.01% |
+5,781
| New | +$166K |
|
2440
Rimini Street
RMNI
$449M
| $225K | ﹤0.01% |
+36,448
| New | +$266K |
|
2441
Kosmos Energy
KOS
$1.6B
| $224K | ﹤0.01% |
64,789
-352,819
| -84% | -$1.09M |
|
2442
Kymera Therapeutics
KYMR
$8.51B
| $224K | ﹤0.01% |
+4,621
| New | +$201K |
|
2443
Scholar Rock
SRRK
$5.67B
| $224K | ﹤0.01% |
7,766
+2,310
| +42% | +$70.7K |
|
2444
Rhythm Pharmaceuticals
RYTM
$6.81B
| $223K | ﹤0.01% |
11,364
+1,562
| +16% | +$32.4K |
|
|
ZGNX
2445
DELISTED
Zogenix, Inc.
ZGNX
| $222K | ﹤0.01% |
12,853
-11,326
| -47% | -$208K |
|
|
HMHC
2446
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $221K | ﹤0.01% |
19,983
+9,457
| +90% | +$89K |
|
2447
Agilon Health
AGL
$1.53B
| $220K | ﹤0.01% |
+217
| New | +$190K |
|
2448
Alaunos Therapeutics
TCRT
$4.59M
| $219K | ﹤0.01% |
553
-19
| -3% | -$8.87K |
|
|
HTLF
2449
DELISTED
Heartland Financial USA, Inc.
HTLF
| $219K | ﹤0.01% |
+4,652
| New | +$232K |
|
2450
BOK Financial
BOKF
$8.58B
| $218K | ﹤0.01% |
+2,517
| New | +$225K |
|
Similar funds
Principal Financial Group's Q2 2021 Portfolio in Review
As of Q2 2021, Principal Financial Group held 2,712 positions worth $155B, up 8.9% from $142B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q2 2021 filing shows 231 new, 1,591 increased, 764 reduced and 116 closed positions. Its largest new stake was Lifestance Health: 2,210,167 shares worth $61.6M. The largest sale was Motorola Solutions, an estimated $309M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q2 2021 buy was Lifestance Health: 2,210,167 shares worth $61.6M.
- Principal Financial Group added most to CoStar Group in Q2 2021, an estimated $486M increase.
- Principal Financial Group's biggest Q2 2021 reduction was Motorola Solutions, cutting an estimated $309M.
- Principal Financial Group fully exited New Oriental in Q2 2021, selling an estimated $68.1M.
- Principal Financial Group's ten largest holdings make up 14% of its $155B portfolio in Q2 2021.
- Principal Financial Group opened 231 new positions and closed 116 in Q2 2021.
- Principal Financial Group's portfolio value rose 8.9% quarter-over-quarter to $155B.
Based on Principal Financial Group's 13F filing for Q2 2021, filed 10 Aug 2021.