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 |
iShares Core S&P 500 ETF
IVV
|
$158M |
| 2 |
Gaming and Leisure Properties
GLPI
|
$122M |
| 3 |
Boston Properties
BXP
|
$92.5M |
| 4 |
iShares MBS ETF
MBB
|
$90.6M |
| 5 |
PACCAR
PCAR
|
$89.7M |
Top Sells
| 1 |
TransDigm Group
TDG
|
$214M |
| 2 |
Toronto Dominion Bank
TD
|
$142M |
| 3 |
Credit Acceptance
CACC
|
$122M |
| 4 |
Medical Properties Trust
MPW
|
$101M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
$87.4M |
Sector Composition
| 1 | Technology | 17.6% |
| 2 | Real Estate | 15.87% |
| 3 | Financials | 14.95% |
| 4 | Consumer Discretionary | 11.17% |
| 5 | Industrials | 10.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
JPMorgan Chase
JPM
$829B
| $820M | 0.59% | 6,295,578 +345,383 | +6% | +$45M |
|
27
AvalonBay Communities
AVB
$27.9B
| $817M | 0.58% | 4,861,951 +12,865 | +0.3% | +$2.16M |
|
28
Microchip Technology
MCHP
$35.1B
| $802M | 0.57% | 9,567,380 -336,531 | -3% | -$28.2M |
|
29
Rexford Industrial Realty
REXR
$9.8B
| $796M | 0.57% | 13,344,774 +198,372 | +2% | +$11.8M |
|
30
Vulcan Materials
VMC
$38.5B
| $767M | 0.55% | 4,473,376 -83,340 | -2% | -$14.3M |
|
31
Danaher
DHR
$147B
| $763M | 0.55% | 3,027,620 +106,175 | +4% | +$26.8M |
|
32
UnitedHealth
UNH
$281B
| $755M | 0.54% | 1,597,428 -52,256 | -3% | -$24.7M |
|
33
Alexandria Real Estate Equities
ARE
$14.1B
| $752M | 0.54% | 5,984,509 +200,487 | +3% | +$25.2M |
|
34
Markel Group
MKL
$24.8B
| $748M | 0.53% | 585,445 -11,281 | -2% | -$14.4M |
|
35
Welltower
WELL
$113B
| $743M | 0.53% | 10,361,169 +129,026 | +1% | +$9.25M |
|
36
Tesla
TSLA
$1.08T
| $740M | 0.53% | 3,567,634 +92,744 | +3% | +$19.2M |
|
37
Ventas
VTR
$30.9B
| $736M | 0.53% | 16,967,816 -7,514 | -0% | -$326K |
|
38
Meta Platforms (Facebook)
META
$1.86T
| $726M | 0.52% | 3,425,101 +132,273 | +4% | +$28M |
|
39
SBA Communications
SBAC
$22B
| $716M | 0.51% | 2,741,450 -45,116 | -2% | -$11.8M |
|
40
Digital Realty Trust
DLR
$57.2B
| $705M | 0.5% | 7,170,504 +176,565 | +3% | +$17.4M |
|
41
Equinix
EQIX
$76.9B
| $701M | 0.5% | 971,883 -112,039 | -10% | -$80.8M |
|
42
Merck
MRK
$210B
| $692M | 0.49% | 6,506,420 -14,530 | -0.2% | -$1.55M |
|
43
Costco
COST
$418B
| $688M | 0.49% | 1,384,319 +18,795 | +1% | +$9.34M |
|
44
Brown & Brown
BRO
$32B
| $675M | 0.48% | 11,750,736 +528,096 | +5% | +$30.3M |
|
45
Intuit
INTU
$186B
| $671M | 0.48% | 1,505,751 -5,247 | -0.3% | -$2.34M |
|
46
CarMax
KMX
$9.21B
| $661M | 0.47% | 10,278,009 -159,469 | -2% | -$10.3M |
|
47
Berkshire Hathaway Class B
BRK.B
$1.09T
| $656M | 0.47% | 2,124,342 +31,854 | +2% | +$9.84M |
|
48
Invitation Homes
INVH
$19.2B
| $649M | 0.46% | 20,789,226 -83,478 | -0.4% | -$2.61M |
|
49
Sun Communities
SUI
$15.9B
| $633M | 0.45% | 4,492,286 -31,875 | -0.7% | -$4.49M |
|
50
Essex Property Trust
ESS
$17.4B
| $606M | 0.43% | 2,898,521 -7,616 | -0.3% | -$1.59M |
|