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 |
Aon
AON
|
+$228M |
| 2 |
RTX Corp
RTX
|
+$144M |
| 3 |
Intel
INTC
|
+$130M |
| 4 |
Exelon
EXC
|
+$110M |
| 5 |
Archer Daniels Midland
ADM
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lamar Advertising Co
LAMR
|
+$141M |
| 2 |
BRE
BRE PROPERTIES INC CL A
BRE
|
+$122M |
| 3 |
Norfolk Southern
NSC
|
+$106M |
| 4 |
OA
Orbital ATK, Inc.
OA
|
+$103M |
| 5 |
Gentex
GNTX
|
+$92M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.65% |
| 2 | Real Estate | 12.39% |
| 3 | Technology | 11.28% |
| 4 | Healthcare | 10.5% |
| 5 | Industrials | 10.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Capri Holdings
CPRI
$1.88B
| $23.1M | 0.04% |
260,515
-3,505
| -1% | -$322K |
|
452
Westlake Corp
WLK
$9.25B
| $23.1M | 0.04% |
275,339
+4,728
| +2% | +$354K |
|
453
Oceaneering
OII
$4.78B
| $23M | 0.04% |
294,394
+1,571
| +0.5% | +$115K |
|
454
Teledyne Technologies
TDY
$30.1B
| $23M | 0.04% |
236,636
-2,395
| -1% | -$229K |
|
455
Glacier Bancorp
GBCI
$6.45B
| $23M | 0.04% |
809,877
+5,247
| +0.7% | +$141K |
|
|
BCS.PR.CL
456
DELISTED
BARCLAYS BANK PLC ADR SER 2 REPSTG PREF SHS SER 2 (UK)
BCS.PR.CL
| $23M | 0.04% |
905,622
-23,783
| -3% | -$603K |
|
457
Toro Company
TTC
$9.08B
| $23M | 0.04% |
722,006
-6,052
| -0.8% | -$193K |
|
|
BCS.PRA.CL
458
DELISTED
Barclays Bank Plc Series 3
BCS.PRA.CL
| $22.9M | 0.04% |
895,723
-150,029
| -14% | -$3.85M |
|
459
CNO Financial Group
CNO
$5B
| $22.7M | 0.04% |
1,276,625
+15,836
| +1% | +$270K |
|
460
Zimmer Biomet
ZBH
$18.5B
| $22.7M | 0.04% |
225,047
-21,519
| -9% | -$2.1M |
|
461
iShares MSCI EAFE ETF
EFA
$76.8B
| $22.6M | 0.04% |
330,807
+165,100
| +100% | +$11.3M |
|
462
Alcoa
AA
$11.7B
| $22.5M | 0.04% |
628,902
+63,650
| +11% | +$2.09M |
|
463
RLJ Lodging Trust
RLJ
$1.89B
| $22.4M | 0.04% |
775,933
-239,581
| -24% | -$6.51M |
|
464
Sun Communities
SUI
$15.3B
| $22.4M | 0.04% |
449,701
+347,591
| +340% | +$16.4M |
|
465
Synopsys
SNPS
$73.5B
| $22.4M | 0.04% |
576,079
-118,784
| -17% | -$4.53M |
|
466
Cencora
COR
$62.2B
| $22.3M | 0.04% |
306,864
-6,391
| -2% | -$438K |
|
467
Tetra Tech
TTEK
$8.7B
| $22.3M | 0.04% |
4,053,495
+1,990,590
| +96% | +$10.9M |
|
468
Waste Management
WM
$96.1B
| $22.3M | 0.04% |
497,918
+17,054
| +4% | +$742K |
|
|
GMCR
469
DELISTED
KEURIG GREEN MTN INC
GMCR
| $22.3M | 0.04% |
178,700
+4,954
| +3% | +$540K |
|
470
CDW
CDW
$18.4B
| $22.2M | 0.04% |
697,420
-780
| -0.1% | -$22.9K |
|
471
Fluor
FLR
$6.89B
| $22.1M | 0.04% |
287,541
+15,135
| +6% | +$1.15M |
|
472
Universal Health Services
UHS
$10.1B
| $22.1M | 0.04% |
230,628
-10,986
| -5% | -$949K |
|
|
RAI
473
DELISTED
Reynolds American Inc
RAI
| $22.1M | 0.04% |
731,430
-898
| -0.1% | -$25.8K |
|
474
Nucor
NUE
$60.5B
| $22M | 0.04% |
446,946
-24,287
| -5% | -$1.25M |
|
|
KOG
475
DELISTED
KODIAK OIL & GAS CORP
KOG
| $22M | 0.04% |
1,510,927
+459,669
| +44% | +$5.98M |
|
Similar funds
Principal Financial Group's Q2 2014 Portfolio in Review
As of Q2 2014, Principal Financial Group held 2,412 positions worth $59.5B, up 6.1% from $56.1B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Principal Financial Group's Q2 2014 filing shows 154 new, 902 increased, 1,162 reduced and 172 closed positions. Its largest new stake was Navient: 3,397,915 shares worth $60.2M. The largest sale was Lamar Advertising Co, an estimated $141M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2014 buy was Navient: 3,397,915 shares worth $60.2M.
- Principal Financial Group added most to Aon in Q2 2014, an estimated $228M increase.
- Principal Financial Group's biggest Q2 2014 reduction was Lamar Advertising Co, cutting an estimated $141M.
- Principal Financial Group fully exited BRE PROPERTIES INC CL A in Q2 2014, selling an estimated $122M.
- Principal Financial Group's ten largest holdings make up 9.6% of its $59.5B portfolio in Q2 2014.
- Principal Financial Group opened 154 new positions and closed 172 in Q2 2014.
- Principal Financial Group's portfolio value rose 6.1% quarter-over-quarter to $59.5B.
Based on Principal Financial Group's 13F filing for Q2 2014, filed 12 Aug 2014.