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 |
ExxonMobil
XOM
|
+$589M |
| 2 |
Simon Property Group
SPG
|
+$553M |
| 3 |
Apple
AAPL
|
+$526M |
| 4 |
JPMorgan Chase
JPM
|
+$449M |
| 5 |
Chevron
CVX
|
+$391M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.25% |
| 2 | Real Estate | 11.42% |
| 3 | Technology | 11.1% |
| 4 | Consumer Discretionary | 10.25% |
| 5 | Healthcare | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AZPN
326
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $30.1M | 0.07% |
+1,045,639
| New | +$30.1M |
|
327
General Dynamics
GD
$106B
| $30M | 0.07% |
+383,399
| New | +$28.5M |
|
328
Commault Systems
CVLT
$4.97B
| $30M | 0.07% |
+395,211
| New | +$29.1M |
|
329
VEON
VEON
$3.57B
| $29.9M | 0.07% |
+118,854
| New | +$32.4M |
|
330
PPG Industries
PPG
$26.5B
| $29.7M | 0.07% |
+405,876
| New | +$30.1M |
|
331
Tenet Healthcare
THC
$22.6B
| $29.6M | 0.07% |
+643,147
| New | +$28.8M |
|
|
AGN
332
DELISTED
Allergan Inc
AGN
| $29.6M | 0.07% |
+350,874
| New | +$36.4M |
|
333
Exelon
EXC
$48.4B
| $29.6M | 0.07% |
+1,341,732
| New | +$32.5M |
|
334
Fomento Económico Mexicano
FMX
$43.5B
| $29.1M | 0.06% |
+281,886
| New | +$31.4M |
|
|
PXD
335
DELISTED
Pioneer Natural Resource Co.
PXD
| $28.5M | 0.06% |
+196,718
| New | +$26.3M |
|
|
STJ
336
DELISTED
St Jude Medical
STJ
| $28.5M | 0.06% |
+623,596
| New | +$27M |
|
337
General Motors
GM
$81.7B
| $28.5M | 0.06% |
+854,159
| New | +$27.1M |
|
338
Manhattan Associates
MANH
$9.95B
| $28.3M | 0.06% |
+1,468,800
| New | +$26.9M |
|
|
VEDL
339
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $28.2M | 0.06% |
+2,896,264
| New | +$31.4M |
|
340
Lear
LEA
$7.45B
| $28.1M | 0.06% |
+465,426
| New | +$26.9M |
|
341
Red Robin
RRGB
$139M
| $28M | 0.06% |
+506,708
| New | +$25.3M |
|
342
CSX Corp
CSX
$94.2B
| $27.8M | 0.06% |
+3,599,409
| New | +$29.5M |
|
343
Prospect Capital
PSEC
$1.12B
| $27.8M | 0.06% |
+2,570,361
| New | +$27.5M |
|
344
Johnson Controls International
JCI
$85.6B
| $27.4M | 0.06% |
+731,368
| New | +$27.3M |
|
345
Applied Materials
AMAT
$378B
| $27.1M | 0.06% |
+1,816,817
| New | +$26.4M |
|
|
WLL
346
DELISTED
Whiting Petroleum Corporation
WLL
| $27.1M | 0.06% |
+1,958
| New | +$27.3M |
|
347
Norfolk Southern
NSC
$76.1B
| $26.9M | 0.06% |
+370,212
| New | +$28.3M |
|
348
Truist Financial
TFC
$64.7B
| $26.8M | 0.06% |
+791,799
| New | +$25.3M |
|
349
Timken Company
TKR
$9.72B
| $26.4M | 0.06% |
+655,722
| New | +$25.9M |
|
350
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $26.4M | 0.06% |
+1,143,325
| New | +$26.5M |
|
Similar funds
Principal Financial Group's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Principal Financial Group, which disclosed 2,248 positions worth $45.1B. Its ten largest holdings account for 9.3% of the portfolio.
Its largest position is ExxonMobil: 6,547,866 shares worth $592M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2013 buy was ExxonMobil: 6,547,866 shares worth $592M.
- Principal Financial Group's ten largest holdings make up 9.3% of its $45.1B portfolio in Q2 2013.
- Principal Financial Group disclosed 2,248 positions in Q2 2013, its first 13F filing on record.
Based on Principal Financial Group's 13F filing for Q2 2013, filed 12 Aug 2013.