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 |
Welltower
WELL
|
+$179M |
| 2 |
Regency Centers
REG
|
+$122M |
| 3 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$120M |
| 4 |
Extra Space Storage
EXR
|
+$107M |
| 5 |
Walmart Inc
WMT
|
+$87.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ventas
VTR
|
+$199M |
| 2 |
Public Storage
PSA
|
+$162M |
| 3 |
Signet Jewelers
SIG
|
+$132M |
| 4 |
ARG
Airgas Inc
ARG
|
+$127M |
| 5 |
Host Hotels & Resorts
HST
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.66% |
| 2 | Financials | 16.07% |
| 3 | Technology | 11.88% |
| 4 | Consumer Discretionary | 10.37% |
| 5 | Healthcare | 10.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
FedEx
FDX
$73B
| $57.7M | 0.08% |
354,853
+4,113
| +1% | +$572K |
|
|
RAI
252
DELISTED
Reynolds American Inc
RAI
| $57.5M | 0.08% |
1,143,128
-6,417
| -0.6% | -$315K |
|
253
Digital Realty Trust
DLR
$69.6B
| $56.8M | 0.08% |
642,341
+141,680
| +28% | +$11.5M |
|
254
Emerson Electric
EMR
$81.6B
| $56.5M | 0.08% |
1,038,407
+40,199
| +4% | +$1.94M |
|
255
Automatic Data Processing
ADP
$109B
| $56.4M | 0.08% |
628,389
+9,517
| +2% | +$797K |
|
256
Phillips 66
PSX
$82.9B
| $56.3M | 0.08% |
650,682
+10,738
| +2% | +$873K |
|
|
RTN
257
DELISTED
Raytheon Company
RTN
| $55.9M | 0.08% |
455,968
+44,632
| +11% | +$5.5M |
|
258
General Mills
GIS
$20.2B
| $54.5M | 0.08% |
860,730
+46,974
| +6% | +$2.73M |
|
259
Liberty Global Class A
LBTYA
$3.59B
| $54.1M | 0.08% |
1,611,597
-12,325
| -0.8% | -$388K |
|
260
McKesson
MCK
$104B
| $53.8M | 0.08% |
341,836
-116,101
| -25% | -$18.8M |
|
|
BPY
261
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $53.7M | 0.08% |
2,315,951
+24,520
| +1% | +$514K |
|
262
Highwoods Properties
HIW
$3.79B
| $53.6M | 0.08% |
1,121,822
-145,319
| -11% | -$6.34M |
|
|
BNY
263
Bank of New York Mellon
BNY
$103B
| $53.6M | 0.08% |
1,454,804
+9,394
| +0.6% | +$341K |
|
264
Owens Corning
OC
$11B
| $53M | 0.08% |
1,120,485
+170,831
| +18% | +$7.59M |
|
265
Cognizant
CTSH
$25.2B
| $52.7M | 0.08% |
840,442
+16,092
| +2% | +$936K |
|
|
MPT
266
Medical Properties Trust
MPT
$2.84B
| $52.3M | 0.08% |
4,025,967
+139,644
| +4% | +$1.59M |
|
267
Morgan Stanley
MS
$319B
| $51.5M | 0.07% |
2,059,531
+88,248
| +4% | +$2.25M |
|
268
Alliant Energy
LNT
$18.6B
| $51.2M | 0.07% |
1,379,210
+57,778
| +4% | +$1.95M |
|
269
Capital One
COF
$128B
| $51.1M | 0.07% |
737,493
-8,765
| -1% | -$579K |
|
270
Tanger
SKT
$4.78B
| $50.2M | 0.07% |
1,380,777
+1,075,890
| +353% | +$35.4M |
|
|
NFX
271
DELISTED
Newfield Exploration
NFX
| $49.1M | 0.07% |
1,475,643
+86,937
| +6% | +$2.45M |
|
272
Robert Half
RHI
$4.11B
| $48.8M | 0.07% |
1,047,366
-350,624
| -25% | -$14.7M |
|
273
Emcor
EME
$29.9B
| $48.5M | 0.07% |
997,429
-10,357
| -1% | -$473K |
|
274
Avista
AVA
$3.43B
| $48.2M | 0.07% |
1,181,338
+199,242
| +20% | +$7.5M |
|
275
Prestige Consumer Healthcare
PBH
$2.47B
| $48M | 0.07% |
898,295
+13,000
| +1% | +$640K |
|
Similar funds
Principal Financial Group's Q1 2016 Portfolio in Review
As of Q1 2016, Principal Financial Group held 2,260 positions worth $68.9B, up 2.4% from $67.3B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q1 2016 filing shows 68 new, 1,560 increased, 497 reduced and 87 closed positions. Its largest new stake was Interxion Holding N.V.: 2,114,257 shares worth $73.1M. The largest sale was Ventas, an estimated $199M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2016 buy was Interxion Holding N.V.: 2,114,257 shares worth $73.1M.
- Principal Financial Group added most to Welltower in Q1 2016, an estimated $179M increase.
- Principal Financial Group's biggest Q1 2016 reduction was Ventas, cutting an estimated $199M.
- Principal Financial Group fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $42.7M.
- Principal Financial Group's ten largest holdings make up 10% of its $68.9B portfolio in Q1 2016.
- Principal Financial Group opened 68 new positions and closed 87 in Q1 2016.
- Principal Financial Group's portfolio value rose 2.4% quarter-over-quarter to $68.9B.
Based on Principal Financial Group's 13F filing for Q1 2016, filed 10 May 2016.