SEC 13F Intelligence

Managers / Q4 2021 · view latest →

PRINCIPAL FINANCIAL GROUP INC

CIK 0001126328 · 711 HIGH STREET, DES MOINES, IA, 50392 · 5152475111

Reported Value
$167.5B
Q4 2021
Positions
4,075
Filings on Record
24
2019–present window
Filed
Feb 9, 2022
original filing

Summary

Principal Financial Group Inc reported $167.5B in U.S.-listed holdings across 4,075 positions for Q4 2021.

Its largest position, MSFT, represents 2.9% of the portfolio.

Compared with Q3 2021, the fund opened 163 new positions and exited 214.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+14.2%
share of reported value
Largest Position
+2.9%
Microsoft
New / Exited
163 / 214
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $135.0BQ4 ’20Q1 ’21: $142.1BQ2 ’21: $154.8BQ3 ’21: $153.3BQ3 ’21Q4 ’21: $167.5BQ1 ’22: $158.6BQ2 ’22: $135.2BQ2 ’22Q3 ’22: $125.8BQ4 ’22: $132.8BQ1 ’23: $139.9BQ1 ’23Q2 ’23: $146.3BQ3 ’23: $139.2BQ4 ’23: $156.8BQ4 ’23Q1 ’24: $170.1BQ2 ’24: $168.4BQ3 ’24: $181.5BQ3 ’24Q4 ’24: $183.4BQ1 ’25: $178.2BQ2 ’25: $189.2BQ2 ’25Q3 ’25: $198.3BQ4 ’25: $195.9BQ1 ’26: $187.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 75.4%REIT: 15.7%Other: 5.5%ETP: 2.4%ADR: 0.7%Other: 0.3%
  • Common Stock · 75.4% · $126.4B
  • REIT · 15.7% · $26.2B
  • Other · 5.5% · $9.2B
  • ETP · 2.4% · $4.0B
  • ADR · 0.7% · $1.2B
  • Other · 0.3% · $505M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PRINCIPAL EXCHANGE-TRADED FDNEW+17.45M17.45M+$459M$459M
PRINCIPAL EXCHANGE-TRADED FDNEW+9.49M9.49M+$198M$198M
PERIMETER SOLUTIONS SANEW+9.23M9.23M+$128M$128M
IVTINVENTRUST PPTYS CORPNEW+4.22M4.22M+$115M$115M
LTHLIFE TIME GROUP HOLDINGS INCNEW+3.31M3.31M+$57M$57M
WOLF*WOLFSPEED INCNEW+429.1K429.1K+$48M$48M
CONSTELLIUM SENEW+2.39M2.39M+$43M$43M
ZWSZURN WATER SOLUTIONS CORPNEW+1.08M1.08M+$39M$39M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM2.87%$4.8B14.32M
2AAPLAPPLE INChistory →COM2.29%$3.8B21.57M
3GOOGALPHABET INChistory →CAP STK CL C · CAP STK CL A1.85%$3.1B1.07M
4AMZNAMAZON COM INChistory →COM1.79%$3.0B900.7K
5PRINCIPAL EXCHANGE-TRADED FDUS MEGA CP ETF · US SMCP MLTFCTR1.62%$2.7B59.50M
6BROOKFIELD ASSET MGMT INCCL A LTD VT SH1.38%$2.3B38.49M
7T7DTRANSDIGM GROUP INChistory →COM1.11%$1.9B2.92M
8PLDPROLOGIS INC.history →COM0.95%$1.6B9.53M
9KKRKKR & CO INChistory →COM0.94%$1.6B21.40M
10METAMETA PLATFORMS INChistory →CL A0.93%$1.6B4.64M
11NVDANVIDIA CORPORATIONhistory →COM0.91%$1.5B5.22M
12AMTAMERICAN TOWER CORP NEWhistory →COM0.89%$1.5B5.08M
13CSGPCOSTAR GROUP INChistory →COM0.79%$1.3B16.65M
14HLTHILTON WORLDWIDE HLDGS INChistory →COM0.76%$1.3B8.25M
15INVHINVITATION HOMES INChistory →COM0.73%$1.2B26.98M
16CPRTCOPART INChistory →COM0.72%$1.2B7.94M
17KMXCARMAX INChistory →COM0.70%$1.2B9.00M
18ORLYOREILLY AUTOMOTIVE INChistory →COM0.68%$1.1B1.62M
19AVALONBAY CMNTYS INCCOM0.67%$1.1B4.48M
20EQIXEQUINIX INChistory →COM0.67%$1.1B1.33M
21MAMASTERCARD INCORPORATEDhistory →CL A0.65%$1.1B3.04M
22ADSKAUTODESK INChistory →COM0.64%$1.1B3.84M
23ROPROPER TECHNOLOGIES INChistory →COM0.64%$1.1B2.18M
24ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.64%$1.1B1.88M
25TSLATESLA INChistory →COM0.63%$1.0B993.2K
26SBACSBA COMMUNICATIONS CORP NEWhistory →CL A0.62%$1.0B2.69M
27TYLTYLER TECHNOLOGIES INChistory →COM0.62%$1.0B1.93M
28CRMSALESFORCE COM INChistory →COM0.59%$985M3.86M
29EXREXTRA SPACE STORAGE INChistory →COM0.58%$964M4.27M
30ESSESSEX PPTY TR INChistory →COM0.56%$945M2.69M
31VVISA INChistory →COM CL A0.56%$944M4.35M
32MCHPMICROCHIP TECHNOLOGY INC.history →COM0.55%$930M10.56M
33JPMJPMORGAN CHASE & COhistory →COM0.55%$921M5.81M
34VMCVULCAN MATLS COhistory →COM0.54%$907M4.40M
35SUN CMNTYS INCCOM0.52%$874M4.17M
36LBRDKLIBERTY BROADBAND CORPhistory →COM SER C0.52%$865M5.35M
37INTUINTUIThistory →COM0.51%$859M1.35M
38VENVENTAS INChistory →COM0.48%$802M15.68M
39UNHUNITEDHEALTH GROUP INChistory →COM0.48%$799M1.59M
40ABTABBOTT LABShistory →COM0.47%$793M5.63M
41NFLXNETFLIX INChistory →COM0.47%$791M1.31M
42LYVLIVE NATION ENTERTAINMENT INhistory →COM0.47%$786M6.63M
43AREALEXANDRIA REAL ESTATE EQ INhistory →COM0.46%$772M3.47M
44DHRDANAHER CORPORATIONhistory →COM0.46%$771M2.35M
45AMHAMERICAN HOMES 4 RENThistory →CL A0.45%$759M17.44M
46BKIEURBLACK KNIGHT INChistory →COM0.44%$742M9.00M
47COSTCOSTCO WHSL CORP NEWhistory →COM0.44%$742M1.31M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$187.2B4,452May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$195.9B4,456Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$198.3B4,552Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$189.2B4,603Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$178.2B4,516Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$183.4B4,570Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$181.5B4,490Oct 31, 202413F-HRchanges · EDGAR ↗
Q2 2024$168.4B4,671Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$170.1B4,772Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$156.8B4,741Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$139.2B4,763Nov 2, 202313F-HRchanges · EDGAR ↗
Q2 2023$146.3B4,731Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$139.9B4,728May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$132.8B4,776Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$125.8B4,800Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$135.2B4,697Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$158.6B4,055May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$167.5B4,075Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$153.3B4,140Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$154.8B4,254Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$142.1B4,065May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$135.0B3,801Feb 23, 2021RESTATEMENTchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 7 additional managers.

  • Origin Asset Management, LLP028-13785
  • Post Advisory Group, LLC028-12454
  • Spectrum Asset Management, Inc028-11300
  • Principal Global Investors, LLC028-1549
  • Principal Real Estate Investors, LLC028-10400
  • Principal Life Insurance Co028-793
  • Principal Financial Services, Inc028-10107

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.