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 |
Tesla
TSLA
|
+$518M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$315M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
+$300M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$204M |
| 5 |
American Tower
AMT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$289M |
| 2 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$266M |
| 3 |
Ventas
VTR
|
+$222M |
| 4 |
AIV
Aimco
AIV
|
+$221M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$152M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Financials | 15.13% |
| 3 | Real Estate | 14.76% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Illinois Tool Works
ITW
$84.9B
| $77.3M | 0.06% |
379,018
-21,600
| -5% | -$4.41M |
|
302
Cannae Holdings
CNNE
$661M
| $75.5M | 0.06% |
1,706,030
+394,043
| +30% | +$16M |
|
|
IPG
303
DELISTED
Interpublic Group of Companies
IPG
| $75.3M | 0.06% |
3,203,580
-294,809
| -8% | -$6.18M |
|
304
Monolithic Power Systems
MPWR
$65.6B
| $75.1M | 0.06% |
205,171
-8,982
| -4% | -$2.88M |
|
305
Analog Devices
ADI
$185B
| $74.7M | 0.06% |
505,393
+4,665
| +0.9% | +$619K |
|
306
Universal Health Services
UHS
$10.2B
| $74.2M | 0.05% |
539,486
-45,466
| -8% | -$5.66M |
|
307
Cathay General Bancorp
CATY
$4.3B
| $73.5M | 0.05% |
2,283,838
-513,300
| -18% | -$14M |
|
308
Raymond James Financial
RJF
$34.3B
| $73.2M | 0.05% |
1,148,021
+29,688
| +3% | +$1.7M |
|
309
Darling Ingredients
DAR
$9.56B
| $73.2M | 0.05% |
1,268,890
+64,155
| +5% | +$3.07M |
|
|
SFBS
310
ServisFirst Bancshares
SFBS
$4.97B
| $73.1M | 0.05% |
1,814,265
-237,774
| -12% | -$9.22M |
|
311
Franco-Nevada
FNV
$42.2B
| $71.9M | 0.05% |
573,300
-396,169
| -41% | -$53.5M |
|
312
Boston Scientific
BSX
$71.2B
| $71.7M | 0.05% |
1,995,219
+56,327
| +3% | +$2.03M |
|
313
Illumina
ILMN
$30.7B
| $71.7M | 0.05% |
199,229
-241,391
| -55% | -$76.9M |
|
314
Hubbell
HUBB
$26.5B
| $71.1M | 0.05% |
453,763
-15,832
| -3% | -$2.43M |
|
315
Tractor Supply
TSCO
$17.4B
| $69.6M | 0.05% |
2,475,375
+848,595
| +52% | +$23.7M |
|
|
AAT
316
American Assets Trust
AAT
$1.42B
| $69.5M | 0.05% |
2,406,764
+265,380
| +12% | +$7.06M |
|
317
Crane NXT
CXT
$3.15B
| $69.3M | 0.05% |
2,567,907
-340,870
| -12% | -$7.51M |
|
|
XEC
318
DELISTED
CIMAREX ENERGY CO
XEC
| $69.1M | 0.05% |
1,841,905
+97,319
| +6% | +$3.12M |
|
319
Regeneron Pharmaceuticals
REGN
$78.3B
| $68.5M | 0.05% |
141,880
-6,275
| -4% | -$3.39M |
|
320
Ball Corp
BALL
$17B
| $67.6M | 0.05% |
725,030
-51,219
| -7% | -$4.74M |
|
321
Newmont
NEM
$103B
| $67.4M | 0.05% |
1,125,987
-24,366
| -2% | -$1.5M |
|
322
Northrop Grumman
NOC
$78.4B
| $67.2M | 0.05% |
220,643
-29,523
| -12% | -$9.03M |
|
323
Enphase Energy
ENPH
$5.52B
| $67.1M | 0.05% |
382,669
-1,233
| -0.3% | -$156K |
|
324
Synopsys
SNPS
$77.3B
| $67M | 0.05% |
258,443
-24,527
| -9% | -$5.66M |
|
325
Mercado Libre
MELI
$95.8B
| $67M | 0.05% |
39,991
-1,473
| -4% | -$2.08M |
|
Similar funds
Principal Financial Group's Q4 2020 Portfolio in Review
As of Q4 2020, Principal Financial Group held 2,508 positions worth $135B, up 14% from $119B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2020 filing shows 187 new, 810 increased, 1,403 reduced and 94 closed positions. Its largest new stake was Apartment Income REIT Corp.: 7,814,575 shares worth $300M. The largest sale was Walt Disney, an estimated $289M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2020 buy was Apartment Income REIT Corp.: 7,814,575 shares worth $300M.
- Principal Financial Group added most to Tesla in Q4 2020, an estimated $518M increase.
- Principal Financial Group's biggest Q4 2020 reduction was Walt Disney, cutting an estimated $289M.
- Principal Financial Group fully exited GCI Liberty, Inc. Class A Common Stock (DE) in Q4 2020, selling an estimated $266M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q4 2020.
- Principal Financial Group opened 187 new positions and closed 94 in Q4 2020.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q4 2020, filed 8 Feb 2021.