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 | |
|---|---|---|---|---|---|---|
351
Bunge Global
BG
$20.9B
| $35M | 0.05% |
618,128
+317,949
| +106% | +$18.1M |
|
352
Alaska Air
ALK
$5.11B
| $34.8M | 0.05% |
424,438
+16,608
| +4% | +$1.23M |
|
353
Hasbro
HAS
$13.5B
| $34.8M | 0.05% |
434,621
-12,034
| -3% | -$895K |
|
|
CLGX
354
DELISTED
Corelogic, Inc.
CLGX
| $34.8M | 0.05% |
1,002,423
-4,018
| -0.4% | -$137K |
|
355
Keurig Dr Pepper
KDP
$42.8B
| $34.6M | 0.05% |
387,277
-58,784
| -13% | -$5.36M |
|
356
Consolidated Edison
ED
$41.4B
| $34.6M | 0.05% |
451,907
+9,920
| +2% | +$704K |
|
357
TD Synnex
SNX
$19.9B
| $34.5M | 0.05% |
746,102
+46,682
| +7% | +$2.08M |
|
358
Allstate
ALL
$70.6B
| $34.4M | 0.05% |
511,042
-5,472
| -1% | -$344K |
|
359
Bath & Body Works
BBWI
$3.97B
| $34.4M | 0.05% |
484,235
+3,314
| +0.7% | +$238K |
|
|
PNY
360
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $34.3M | 0.05% |
572,983
+35,002
| +7% | +$2.07M |
|
361
Brookfield Renewable
BEP
$9.6B
| $34.1M | 0.05% |
2,134,817
+6,907
| +0.3% | +$97.8K |
|
362
Johnson Controls International
JCI
$85.1B
| $34M | 0.05% |
832,897
+19,944
| +2% | +$762K |
|
363
CSX Corp
CSX
$94B
| $33.9M | 0.05% |
3,953,541
+81,594
| +2% | +$662K |
|
364
HF Sinclair
DINO
$16.2B
| $33.5M | 0.05% |
947,675
+15,101
| +2% | +$520K |
|
365
Manhattan Associates
MANH
$11.9B
| $33.4M | 0.05% |
587,648
+10,409
| +2% | +$579K |
|
|
PXD
366
DELISTED
Pioneer Natural Resource Co.
PXD
| $33.4M | 0.05% |
237,316
+25,698
| +12% | +$3.18M |
|
367
IDEX
IEX
$17B
| $33.4M | 0.05% |
402,704
-21,745
| -5% | -$1.63M |
|
368
Norfolk Southern
NSC
$75.4B
| $33.2M | 0.05% |
398,571
+8,831
| +2% | +$667K |
|
369
LKQ Corp
LKQ
$6.72B
| $33.1M | 0.05% |
1,037,007
+48,459
| +5% | +$1.35M |
|
370
UFP Industries
UFPI
$4.95B
| $33M | 0.05% |
1,155,231
+49,605
| +4% | +$1.18M |
|
|
JNPR
371
DELISTED
Juniper Networks
JNPR
| $33M | 0.05% |
1,292,218
+120,307
| +10% | +$3.01M |
|
372
Illumina
ILMN
$29.5B
| $32.9M | 0.05% |
208,554
+2,247
| +1% | +$343K |
|
|
PARA
373
DELISTED
Paramount Global Class B
PARA
| $32.8M | 0.05% |
595,810
+1,718
| +0.3% | +$83.6K |
|
|
ALE
374
DELISTED
Allete
ALE
| $32.7M | 0.05% |
583,991
+23,560
| +4% | +$1.26M |
|
375
Littelfuse
LFUS
$10.4B
| $32.7M | 0.05% |
265,588
+8,723
| +3% | +$961K |
|
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.