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
| 1 |
Copart
CPRT
|
$674M |
| 2 |
Digital Realty Trust
DLR
|
$398M |
| 3 |
Brookfield Asset Management
BAM
|
$357M |
| 4 |
Gaming and Leisure Properties
GLPI
|
$250M |
| 5 |
Welltower
WELL
|
$222M |
Top Sells
| 1 |
STOR
STORE Capital Corporation
STOR
|
$368M |
| 2 |
Equinix
EQIX
|
$246M |
| 3 |
Guidewire Software
GWRE
|
$202M |
| 4 |
Lennar Class A
LEN
|
$150M |
| 5 |
Liberty Broadband Class C
LBRDK
|
$142M |
Sector Composition
| 1 | Real Estate | 16.55% |
| 2 | Technology | 15.81% |
| 3 | Financials | 15.77% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
JPMorgan Chase
JPM
$829B
| $798M | 0.6% | 5,950,195 -373,577 | -6% | -$50.1M |
|
27
Markel Group
MKL
$24.8B
| $786M | 0.59% | 596,726 -10,117 | -2% | -$13.3M |
|
28
AvalonBay Communities
AVB
$27.9B
| $783M | 0.59% | 4,849,086 -170,405 | -3% | -$27.5M |
|
29
SBA Communications
SBAC
$22B
| $781M | 0.59% | 2,786,566 -138,610 | -5% | -$38.9M |
|
30
Danaher
DHR
$147B
| $775M | 0.58% | 2,921,445 +62,849 | +2% | +$16.7M |
|
31
Ventas
VTR
$30.9B
| $765M | 0.58% | 16,975,330 -541,554 | -3% | -$24.4M |
|
32
Adobe
ADBE
$151B
| $747M | 0.56% | 2,218,660 -180,375 | -8% | -$60.7M |
|
33
Merck
MRK
$210B
| $723M | 0.54% | 6,520,950 -234,630 | -3% | -$26M |
|
34
Rexford Industrial Realty
REXR
$9.8B
| $718M | 0.54% | 13,146,402 +1,083,621 | +9% | +$59.2M |
|
|
35
Equinix
EQIX
$76.9B
| $710M | 0.53% | 1,083,922 -375,141 | -26% | -$246M |
|
|
36
Digital Realty Trust
DLR
$57.2B
| $701M | 0.53% | 6,993,939 +3,972,349 | +131% | +$398M |
|
37
Microchip Technology
MCHP
$35.1B
| $696M | 0.52% | 9,903,911 -87,224 | -0.9% | -$6.13M |
|
38
Extra Space Storage
EXR
$30.5B
| $690M | 0.52% | 4,686,053 -480,210 | -9% | -$70.7M |
|
|
39
Welltower
WELL
$113B
| $671M | 0.51% | 10,232,143 +3,386,635 | +49% | +$222M |
|
40
Chevron
CVX
$324B
| $655M | 0.49% | 3,646,620 -110,208 | -3% | -$19.8M |
|
41
Sun Communities
SUI
$15.9B
| $647M | 0.49% | 4,524,161 -149,866 | -3% | -$21.4M |
|
42
Berkshire Hathaway Class B
BRK.B
$1.09T
| $646M | 0.49% | 2,092,488 -95,087 | -4% | -$29.4M |
|
43
Union Pacific
UNP
$133B
| $645M | 0.49% | 3,113,407 -192,433 | -6% | -$39.8M |
|
44
Brown & Brown
BRO
$32B
| $639M | 0.48% | 11,222,640 +1,091,719 | +11% | +$62.2M |
|
45
CarMax
KMX
$9.21B
| $636M | 0.48% | 10,437,478 -117,746 | -1% | -$7.17M |
|
46
Costco
COST
$418B
| $623M | 0.47% | 1,365,524 +13,962 | +1% | +$6.37M |
|
47
Invitation Homes
INVH
$19.2B
| $619M | 0.47% | 20,872,704 -1,085,417 | -5% | -$32.2M |
|
48
Essex Property Trust
ESS
$17.4B
| $616M | 0.46% | 2,906,137 -86,688 | -3% | -$18.4M |
|
49
Pfizer
PFE
$141B
| $594M | 0.45% | 11,593,124 -185,484 | -2% | -$9.5M |
|
50
Johnson & Johnson
JNJ
$427B
| $592M | 0.45% | 3,350,184 -162,066 | -5% | -$28.6M |
|