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 |
Signet Jewelers
SIG
|
+$194M |
| 2 |
Alexandria Real Estate Equities
ARE
|
+$145M |
| 3 |
Public Storage
PSA
|
+$138M |
| 4 |
SBA Communications
SBAC
|
+$102M |
| 5 |
Element Solutions
ESI
|
+$88.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Williams Companies
WMB
|
+$197M |
| 2 |
Vornado Realty Trust
VNO
|
+$153M |
| 3 |
Extra Space Storage
EXR
|
+$149M |
| 4 |
Kinder Morgan
KMI
|
+$148M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$97.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.84% |
| 2 | Real Estate | 13.83% |
| 3 | Technology | 11.7% |
| 4 | Healthcare | 11.51% |
| 5 | Consumer Discretionary | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Procter & Gamble
PG
$343B
| $309M | 0.46% |
3,950,413
+526,056
| +15% | +$42.3M |
|
27
Cisco
CSCO
$450B
| $308M | 0.46% |
11,224,722
+414,773
| +4% | +$11.9M |
|
28
Boston Properties
BXP
$11B
| $299M | 0.45% |
2,471,459
-995
| -0% | -$131K |
|
29
AvalonBay Communities
AVB
$27.1B
| $296M | 0.44% |
1,851,240
-16,723
| -0.9% | -$2.78M |
|
30
Comcast
CMCSA
$79.1B
| $295M | 0.44% |
9,798,452
-524,108
| -5% | -$15.4M |
|
31
Liberty Global Class C
LBTYK
$3.27B
| $293M | 0.44% |
7,149,597
+676,937
| +10% | +$28M |
|
|
32
SBA Communications
SBAC
$18.4B
| $290M | 0.43% |
2,522,881
+865,444
| +52% | +$102M |
|
33
AutoZone
AZO
$48.3B
| $288M | 0.43% |
432,181
+9,132
| +2% | +$6.25M |
|
34
Welltower
WELL
$178B
| $285M | 0.42% |
4,340,661
-181,572
| -4% | -$13M |
|
35
SL Green Realty
SLG
$3.88B
| $281M | 0.42% |
2,638,436
-47,410
| -2% | -$5.56M |
|
|
GGP
36
DELISTED
GGP Inc.
GGP
| $272M | 0.41% |
10,608,393
-1,906,422
| -15% | -$53.2M |
|
37
Chevron
CVX
$388B
| $271M | 0.4% |
2,807,398
+105,307
| +4% | +$11.1M |
|
38
Citigroup
C
$222B
| $266M | 0.4% |
4,817,249
+985,400
| +26% | +$53.6M |
|
39
AT&T
T
$165B
| $264M | 0.39% |
9,852,030
+274,219
| +3% | +$7.09M |
|
|
DISCK
40
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $262M | 0.39% |
8,437,972
+431,859
| +5% | +$13.4M |
|
41
Loews
L
$24.3B
| $261M | 0.39% |
6,788,613
+307,597
| +5% | +$12.5M |
|
42
Amgen
AMGN
$203B
| $261M | 0.39% |
1,697,536
-51,823
| -3% | -$8.3M |
|
43
Philip Morris
PM
$301B
| $259M | 0.39% |
3,230,470
-325,082
| -9% | -$26.7M |
|
44
Roper Technologies
ROP
$36.3B
| $256M | 0.38% |
1,486,257
+292,242
| +24% | +$50.6M |
|
45
Verizon
VZ
$194B
| $254M | 0.38% |
5,442,887
-234,487
| -4% | -$11.5M |
|
46
CarMax
KMX
$8.27B
| $250M | 0.37% |
3,780,175
+238,898
| +7% | +$17M |
|
47
Equity Residential
EQR
$25.4B
| $248M | 0.37% |
3,534,114
+195,235
| +6% | +$14.5M |
|
48
Meta Platforms (Facebook)
META
$1.51T
| $246M | 0.37% |
2,872,563
+112,639
| +4% | +$9.2M |
|
|
HES
49
DELISTED
Hess
HES
| $243M | 0.36% |
3,636,675
+1,038,087
| +40% | +$73.6M |
|
50
Walt Disney
DIS
$165B
| $241M | 0.36% |
2,108,583
+38,559
| +2% | +$4.23M |
|
Similar funds
Principal Financial Group's Q2 2015 Portfolio in Review
As of Q2 2015, Principal Financial Group held 2,297 positions worth $67.1B, down 0.1% from $67.1B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q2 2015 filing shows 141 new, 1,017 increased, 1,005 reduced and 125 closed positions. Its largest new stake was KKR & Co: 2,168,556 shares worth $49.6M. The largest sale was Williams Companies, an estimated $197M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2015 buy was KKR & Co: 2,168,556 shares worth $49.6M.
- Principal Financial Group added most to Signet Jewelers in Q2 2015, an estimated $194M increase.
- Principal Financial Group's biggest Q2 2015 reduction was Williams Companies, cutting an estimated $197M.
- Principal Financial Group fully exited Paramount Group in Q2 2015, selling an estimated $80.7M.
- Principal Financial Group's ten largest holdings make up 10% of its $67.1B portfolio in Q2 2015.
- Principal Financial Group opened 141 new positions and closed 125 in Q2 2015.
- Principal Financial Group's portfolio value fell 0.1% quarter-over-quarter to $67.1B.
Based on Principal Financial Group's 13F filing for Q2 2015, filed 10 Aug 2015.