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 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$171M |
| 2 |
FRC
First Republic Bank
FRC
|
+$124M |
| 3 |
Equinix
EQIX
|
+$95.1M |
| 4 |
Brookfield
BN
|
+$92.9M |
| 5 |
Hilton Worldwide
HLT
|
+$88.5M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Real Estate | 14.09% |
| 3 | Technology | 13.35% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Industrials | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Huntsman Corp
HUN
$2.12B
| $116M | 0.11% |
3,952,433
-779,356
| -16% | -$25.5M |
|
227
Brown-Forman Class B
BF.B
$13.2B
| $115M | 0.11% |
2,121,096
-851,056
| -29% | -$40.3M |
|
228
Tyson Foods
TSN
$21.4B
| $112M | 0.11% |
1,531,213
+368,074
| +32% | +$28.1M |
|
229
Icon
ICLR
$12.8B
| $112M | 0.11% |
946,806
+161,558
| +21% | +$18.5M |
|
230
Biogen
BIIB
$30.7B
| $112M | 0.11% |
408,500
-26,861
| -6% | -$8.34M |
|
231
Norfolk Southern
NSC
$75B
| $110M | 0.1% |
807,791
-45,660
| -5% | -$6.57M |
|
232
Ingredion
INGR
$6.33B
| $109M | 0.1% |
844,697
-299,165
| -26% | -$40M |
|
233
General Dynamics
GD
$103B
| $109M | 0.1% |
492,813
+66,965
| +16% | +$14.6M |
|
234
Healthcare Realty
HR
$7.46B
| $109M | 0.1% |
4,107,229
+241,551
| +6% | +$6.43M |
|
235
CVS Health
CVS
$134B
| $108M | 0.1% |
1,731,494
-238,561
| -12% | -$17.1M |
|
236
Annaly Capital Management
NLY
$17.4B
| $106M | 0.1% |
2,551,327
-154,259
| -6% | -$6.57M |
|
237
Morgan Stanley
MS
$330B
| $106M | 0.1% |
1,969,143
-34,031
| -2% | -$1.88M |
|
238
Littelfuse
LFUS
$11.2B
| $106M | 0.1% |
510,370
+42,080
| +9% | +$8.83M |
|
239
U-Haul Holding Co
UHAL
$13.9B
| $106M | 0.1% |
3,077,030
+363,480
| +13% | +$12.9M |
|
|
TWX
240
DELISTED
Time Warner Inc
TWX
| $106M | 0.1% |
1,116,316
-314,321
| -22% | -$29.6M |
|
241
Ziff Davis
ZD
$1.94B
| $105M | 0.1% |
1,536,796
-179,152
| -10% | -$12.1M |
|
242
Valero Energy
VLO
$92.6B
| $105M | 0.1% |
1,129,645
-228,282
| -17% | -$21.3M |
|
243
Reinsurance Group of America
RGA
$15.6B
| $104M | 0.1% |
677,035
-18,799
| -3% | -$2.95M |
|
244
Waste Management
WM
$90.5B
| $104M | 0.1% |
1,237,487
-296,494
| -19% | -$25.4M |
|
245
MKS Inc
MKSI
$19.8B
| $104M | 0.1% |
897,572
+187,491
| +26% | +$20.6M |
|
246
Rexford Industrial Realty
REXR
$8.56B
| $103M | 0.1% |
3,570,817
+251,106
| +8% | +$7.1M |
|
247
BCE
BCE
$20.2B
| $100M | 0.1% |
2,323,457
+23,665
| +1% | +$1.06M |
|
|
DCT
248
DELISTED
DCT Industrial Trust Inc.
DCT
| $99.9M | 0.1% |
1,772,524
+153,125
| +9% | +$8.66M |
|
|
MIC
249
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $99.2M | 0.09% |
2,686,891
+145,885
| +6% | +$7.86M |
|
250
Nordson
NDSN
$16.4B
| $98.9M | 0.09% |
725,572
-658
| -0.1% | -$93K |
|
Similar funds
Principal Financial Group's Q1 2018 Portfolio in Review
As of Q1 2018, Principal Financial Group held 2,291 positions worth $105B, down 3.6% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2018 filing shows 52 new, 1,357 increased, 770 reduced and 85 closed positions. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M. The largest sale was Principal Exchange-Traded Funds Principal US Mega-Cap ETF, an estimated $791M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M.
- Principal Financial Group added most to First Republic Bank in Q1 2018, an estimated $124M increase.
- Principal Financial Group's biggest Q1 2018 reduction was Loews, cutting an estimated $99.2M.
- Principal Financial Group fully exited Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q1 2018, selling an estimated $791M.
- Principal Financial Group's ten largest holdings make up 11% of its $105B portfolio in Q1 2018.
- Principal Financial Group opened 52 new positions and closed 85 in Q1 2018.
- Principal Financial Group's portfolio value fell 3.6% quarter-over-quarter to $105B.
Based on Principal Financial Group's 13F filing for Q1 2018, filed 14 May 2018.