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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Micron Technology
MU
$988B
| $83.1M | 0.07% |
1,545,229
-20,991
| -1% | -$1M |
|
302
CSX Corp
CSX
$93B
| $82.2M | 0.07% |
3,409,818
-179,898
| -5% | -$4.26M |
|
303
SLB Ltd
SLB
$72.6B
| $81.1M | 0.07% |
2,017,028
-84,780
| -4% | -$3.03M |
|
304
Biogen
BIIB
$30.7B
| $81M | 0.07% |
272,821
-13,414
| -5% | -$3.72M |
|
305
Vertex Pharmaceuticals
VRTX
$122B
| $80.6M | 0.07% |
367,974
-9,263
| -2% | -$1.87M |
|
306
Global Payments
GPN
$23.8B
| $80.1M | 0.07% |
438,869
-20,090
| -4% | -$3.45M |
|
307
CONMED
CNMD
$1.41B
| $79.4M | 0.07% |
709,837
-3,171
| -0.4% | -$338K |
|
308
Hubbell
HUBB
$25B
| $78.7M | 0.07% |
532,332
-9,476
| -2% | -$1.35M |
|
|
TCO
309
DELISTED
Taubman Centers Inc.
TCO
| $77.9M | 0.06% |
2,506,263
+78,242
| +3% | +$2.68M |
|
310
Illinois Tool Works
ITW
$81.6B
| $77.7M | 0.06% |
432,646
-14,197
| -3% | -$2.41M |
|
311
HEICO Corp Class A
HEI.A
$35.8B
| $77.6M | 0.06% |
867,147
+212,042
| +32% | +$20.2M |
|
312
Yum! Brands
YUM
$43.3B
| $76.3M | 0.06% |
757,848
-11,905
| -2% | -$1.23M |
|
313
Phillips 66
PSX
$84.4B
| $75.9M | 0.06% |
680,902
-32,102
| -5% | -$3.61M |
|
314
Cognex
CGNX
$10.4B
| $74M | 0.06% |
1,321,107
-198
| -0% | -$10.2K |
|
315
Marriott International
MAR
$99B
| $74M | 0.06% |
488,392
-14,610
| -3% | -$1.96M |
|
316
Advanced Micro Devices
AMD
$791B
| $73.4M | 0.06% |
1,601,084
-13,037
| -0.8% | -$480K |
|
317
Intercontinental Exchange
ICE
$88.4B
| $72M | 0.06% |
778,198
-28,740
| -4% | -$2.67M |
|
318
Waste Management
WM
$90.9B
| $71.4M | 0.06% |
626,449
-59,438
| -9% | -$6.71M |
|
319
Vornado Realty Trust
VNO
$7.55B
| $70.6M | 0.06% |
1,062,273
+131,784
| +14% | +$8.52M |
|
|
WBA
320
DELISTED
Walgreens Boots Alliance
WBA
| $70.4M | 0.06% |
1,193,776
-47,711
| -4% | -$2.75M |
|
321
Humana
HUM
$44B
| $70M | 0.06% |
191,060
-3,321
| -2% | -$1.05M |
|
322
Norfolk Southern
NSC
$75B
| $69.8M | 0.06% |
359,517
-21,694
| -6% | -$4.07M |
|
323
Capital One
COF
$129B
| $69.4M | 0.06% |
674,420
-13,468
| -2% | -$1.3M |
|
|
LSXMA
324
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $68.2M | 0.06% |
1,953,657
+12,056
| +0.6% | +$399K |
|
325
John Wiley & Sons Class A
WLY
$2.66B
| $68.1M | 0.06% |
1,403,399
+480,750
| +52% | +$22.4M |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.