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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$773M |
| 2 |
Invitation Homes
INVH
|
+$303M |
| 3 |
Gartner
IT
|
+$245M |
| 4 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$160M |
| 5 |
GDVD
Principal Active Global Dividend Income ETF
GDVD
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SFR
Starwood Waypoint Homes
SFR
|
+$302M |
| 2 |
Fidelity National Financial
FNF
|
+$293M |
| 3 |
Crown Castle
CCI
|
+$175M |
| 4 |
DaVita
DVA
|
+$166M |
| 5 |
Wells Fargo
WFC
|
+$153M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.71% |
| 2 | Real Estate | 13.92% |
| 3 | Technology | 12.24% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
American Airlines Group
AAL
$10.2B
| $32.9M | 0.03% |
632,678
-15,619
| -2% | -$778K |
|
552
Central Pacific Financial
CPF
$1.02B
| $32.9M | 0.03% |
1,101,644
-110,856
| -9% | -$3.46M |
|
553
Ventas
VTR
$47.7B
| $32.8M | 0.03% |
546,868
-240,263
| -31% | -$15.2M |
|
554
Fulton Financial
FULT
$4.73B
| $32.8M | 0.03% |
1,831,158
-9,964
| -0.5% | -$183K |
|
|
SYNH
555
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $32.6M | 0.03% |
747,870
+80,806
| +12% | +$3.78M |
|
556
Graco
GGG
$13.3B
| $32.6M | 0.03% |
720,860
-3,616
| -0.5% | -$157K |
|
557
Toll Brothers
TOL
$14.5B
| $32.6M | 0.03% |
678,440
+22,858
| +3% | +$1.05M |
|
|
BSMX
558
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $32.6M | 0.03% |
4,455,645
+2,019,490
| +83% | +$16.9M |
|
559
Keysight
KEYS
$52.2B
| $32.6M | 0.03% |
782,885
-1,054
| -0.1% | -$45.5K |
|
560
Xylem
XYL
$29.7B
| $32.5M | 0.03% |
477,252
-23,442
| -5% | -$1.56M |
|
561
Murphy Oil
MUR
$5.25B
| $32.5M | 0.03% |
1,047,287
+29,174
| +3% | +$812K |
|
|
CERN
562
DELISTED
Cerner Corp
CERN
| $32.5M | 0.03% |
481,656
+8,516
| +2% | +$588K |
|
563
Hercules Capital
HTGC
$3.04B
| $32.4M | 0.03% |
2,470,993
-548,314
| -18% | -$7.17M |
|
564
MarketAxess Holdings
MKTX
$4.34B
| $32.3M | 0.03% |
159,888
+3,073
| +2% | +$580K |
|
|
OA
565
DELISTED
Orbital ATK, Inc.
OA
| $32.1M | 0.03% |
243,758
+68
| +0% | +$9.02K |
|
|
PARA
566
DELISTED
Paramount Global Class B
PARA
| $32.1M | 0.03% |
543,231
-50,854
| -9% | -$2.92M |
|
567
Factset
FDS
$10.1B
| $32M | 0.03% |
166,086
-1,275
| -0.8% | -$245K |
|
568
Thor Industries
THO
$4.13B
| $31.9M | 0.03% |
211,726
+789
| +0.4% | +$110K |
|
|
JOYY
569
JOYY Inc
JOYY
$3.77B
| $31.8M | 0.03% |
281,147
+59,031
| +27% | +$5.92M |
|
570
First American
FAF
$8.08B
| $31.7M | 0.03% |
566,454
+43,376
| +8% | +$2.33M |
|
|
WR
571
DELISTED
Westar Energy Inc
WR
| $31.7M | 0.03% |
600,174
-414
| -0.1% | -$22.3K |
|
572
Zurn Elkay Water Solutions
ZWS
$8.23B
| $31.5M | 0.03% |
2,515,622
+2,209,707
| +722% | +$26.6M |
|
573
Prestige Consumer Healthcare
PBH
$2.45B
| $31.2M | 0.03% |
702,774
-31,498
| -4% | -$1.43M |
|
574
Chemed
CHE
$6.87B
| $31.2M | 0.03% |
128,315
-2,912
| -2% | -$661K |
|
575
Polaris
PII
$4.07B
| $31.2M | 0.03% |
251,471
+824
| +0.3% | +$97.8K |
|
Similar funds
Principal Financial Group's Q4 2017 Portfolio in Review
As of Q4 2017, Principal Financial Group held 2,336 positions worth $109B, up 5.3% from $103B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Principal Financial Group's Q4 2017 filing shows 133 new, 951 increased, 1,116 reduced and 97 closed positions. Its largest new stake was Principal Exchange-Traded Funds Principal US Mega-Cap ETF: 30,300,000 shares worth $791M. The largest sale was Starwood Waypoint Homes, an estimated $302M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q4 2017 buy was Principal Exchange-Traded Funds Principal US Mega-Cap ETF: 30,300,000 shares worth $791M.
- Principal Financial Group added most to Invitation Homes in Q4 2017, an estimated $303M increase.
- Principal Financial Group's biggest Q4 2017 reduction was Fidelity National Financial, cutting an estimated $293M.
- Principal Financial Group fully exited Starwood Waypoint Homes in Q4 2017, selling an estimated $302M.
- Principal Financial Group's ten largest holdings make up 9.7% of its $109B portfolio in Q4 2017.
- Principal Financial Group opened 133 new positions and closed 97 in Q4 2017.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $109B.
Based on Principal Financial Group's 13F filing for Q4 2017, filed 13 Feb 2018.