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 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$171M |
| 2 |
FRC
First Republic Bank
FRC
|
+$124M |
| 3 |
Equinix
EQIX
|
+$95.1M |
| 4 |
Brookfield
BN
|
+$92.9M |
| 5 |
Hilton Worldwide
HLT
|
+$88.5M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Real Estate | 14.09% |
| 3 | Technology | 13.35% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Industrials | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Chemed
CHE
$7.07B
| $36.3M | 0.03% |
133,004
+4,689
| +4% | +$1.24M |
|
|
ALXN
502
DELISTED
Alexion Pharmaceuticals
ALXN
| $36.2M | 0.03% |
324,824
-4,307
| -1% | -$515K |
|
503
McCormick & Company Non-Voting
MKC
$13.7B
| $36.1M | 0.03% |
678,026
+23,066
| +4% | +$1.21M |
|
|
CNSL
504
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $35.7M | 0.03% |
3,256,838
+988,444
| +44% | +$11.9M |
|
505
Patterson-UTI
PTEN
$3.98B
| $35.5M | 0.03% |
2,029,773
+23,159
| +1% | +$483K |
|
506
J.M. Smucker
SJM
$12.7B
| $35.3M | 0.03% |
284,361
+68,933
| +32% | +$8.61M |
|
507
Camden Property Trust
CPT
$11B
| $35.2M | 0.03% |
418,433
-202,125
| -33% | -$16.9M |
|
508
Vishay Intertechnology
VSH
$5.25B
| $35.2M | 0.03% |
1,892,276
-94,870
| -5% | -$1.9M |
|
509
Jones Lang LaSalle
JLL
$16.3B
| $35.1M | 0.03% |
201,090
+6,039
| +3% | +$970K |
|
|
JWN
510
DELISTED
Nordstrom
JWN
| $35M | 0.03% |
722,842
-997,866
| -58% | -$49.6M |
|
511
MarketAxess Holdings
MKTX
$5.71B
| $34.9M | 0.03% |
160,724
+836
| +0.5% | +$172K |
|
512
Lincoln National
LNC
$8.73B
| $34.7M | 0.03% |
475,257
-122,459
| -20% | -$9.61M |
|
513
Aptiv
APTV
$12B
| $34.2M | 0.03% |
402,682
-86,039
| -18% | -$7.81M |
|
514
Graco
GGG
$12.9B
| $34.2M | 0.03% |
748,219
+27,359
| +4% | +$1.25M |
|
515
Aramark
ARMK
$15B
| $34.2M | 0.03% |
1,196,594
+76,927
| +7% | +$2.36M |
|
516
Five Below
FIVE
$12B
| $34.2M | 0.03% |
465,779
+12,702
| +3% | +$856K |
|
517
Fortinet
FTNT
$119B
| $34.1M | 0.03% |
3,185,485
-4,240
| -0.1% | -$41.3K |
|
518
National Health Investors
NHI
$3.72B
| $34.1M | 0.03% |
506,594
+499,535
| +7,077% | +$34.1M |
|
|
AEL
519
DELISTED
American Equity Investment Life Holding Company
AEL
| $34M | 0.03% |
1,158,624
+416,514
| +56% | +$13.3M |
|
520
Rockwell Automation
ROK
$53.4B
| $33.9M | 0.03% |
194,803
-48,508
| -20% | -$9.2M |
|
521
Xylem
XYL
$27.3B
| $33.9M | 0.03% |
441,174
-36,078
| -8% | -$2.67M |
|
522
Factset
FDS
$9.36B
| $33.9M | 0.03% |
169,896
+3,810
| +2% | +$769K |
|
523
UGI
UGI
$7.74B
| $33.9M | 0.03% |
762,253
+27,266
| +4% | +$1.22M |
|
|
COL
524
DELISTED
Rockwell Collins
COL
| $33.6M | 0.03% |
248,929
-2,229
| -0.9% | -$304K |
|
525
Lennox International
LII
$14.4B
| $33.6M | 0.03% |
164,222
+4,147
| +3% | +$863K |
|
Similar funds
Principal Financial Group's Q1 2018 Portfolio in Review
As of Q1 2018, Principal Financial Group held 2,291 positions worth $105B, down 3.6% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2018 filing shows 52 new, 1,357 increased, 770 reduced and 85 closed positions. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M. The largest sale was Principal Exchange-Traded Funds Principal US Mega-Cap ETF, an estimated $791M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M.
- Principal Financial Group added most to First Republic Bank in Q1 2018, an estimated $124M increase.
- Principal Financial Group's biggest Q1 2018 reduction was Loews, cutting an estimated $99.2M.
- Principal Financial Group fully exited Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q1 2018, selling an estimated $791M.
- Principal Financial Group's ten largest holdings make up 11% of its $105B portfolio in Q1 2018.
- Principal Financial Group opened 52 new positions and closed 85 in Q1 2018.
- Principal Financial Group's portfolio value fell 3.6% quarter-over-quarter to $105B.
Based on Principal Financial Group's 13F filing for Q1 2018, filed 14 May 2018.