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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Align Technology
ALGN
$12.1B
| $29.8M | 0.03% |
104,705
-7,616
| -7% | -$1.82M |
|
|
WLL
552
DELISTED
Whiting Petroleum Corporation
WLL
| $29.6M | 0.03% |
15,121
+9,908
| +190% | +$20M |
|
553
Edison International
EIX
$28.2B
| $29.6M | 0.03% |
477,797
-13,943
| -3% | -$832K |
|
|
WWE
554
DELISTED
World Wrestling Entertainment
WWE
| $29.6M | 0.03% |
340,702
+119,174
| +54% | +$10M |
|
|
CCMP
555
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $29.6M | 0.03% |
263,962
-4,995
| -2% | -$517K |
|
556
Kirby Corp
KEX
$7.01B
| $29.5M | 0.03% |
393,208
-10,486
| -3% | -$764K |
|
557
DXC Technology
DXC
$1.82B
| $29.5M | 0.03% |
459,139
-35,616
| -7% | -$2.28M |
|
558
Merit Medical Systems
MMSI
$5.08B
| $29.5M | 0.03% |
476,889
-3,145
| -0.7% | -$178K |
|
559
AptarGroup
ATR
$8.55B
| $29.4M | 0.03% |
276,613
+2,159
| +0.8% | +$216K |
|
560
Cadence Design Systems
CDNS
$93.6B
| $29.1M | 0.03% |
458,547
+16,283
| +4% | +$863K |
|
561
Northern Trust
NTRS
$33.3B
| $29.1M | 0.03% |
321,977
-6,250
| -2% | -$563K |
|
562
Douglas Emmett
DEI
$1.98B
| $29M | 0.03% |
717,433
+8,743
| +1% | +$332K |
|
563
Pool Corp
POOL
$6.75B
| $28.9M | 0.03% |
175,377
-2,439
| -1% | -$379K |
|
|
ATH
564
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $28.9M | 0.03% |
708,596
+89,307
| +14% | +$3.82M |
|
565
Carnival Corporation Ltd
CCL
$38.1B
| $28.9M | 0.03% |
569,880
-6,677
| -1% | -$370K |
|
|
ACC
566
DELISTED
American Campus Communities, Inc.
ACC
| $28.8M | 0.03% |
604,553
-65
| -0% | -$2.92K |
|
567
Baidu
BIDU
$37.7B
| $28.7M | 0.03% |
174,276
-591,026
| -77% | -$98.9M |
|
568
Kraft Heinz
KHC
$30.7B
| $28.7M | 0.03% |
879,688
-1,306,058
| -60% | -$53.2M |
|
|
CMA
569
DELISTED
Comerica
CMA
| $28.6M | 0.03% |
389,837
+5,727
| +1% | +$459K |
|
|
LHCG
570
DELISTED
LHC Group LLC
LHCG
| $28.6M | 0.03% |
257,770
-1,738
| -0.7% | -$185K |
|
571
L3Harris
LHX
$51.6B
| $28.5M | 0.03% |
178,239
-2,035
| -1% | -$313K |
|
572
Semtech
SMTC
$11B
| $28.4M | 0.03% |
558,603
-7,732
| -1% | -$399K |
|
573
BJs Wholesale Club
BJ
$12.5B
| $28.4M | 0.03% |
1,037,647
+32,749
| +3% | +$835K |
|
574
Advanced Energy
AEIS
$11.6B
| $28.4M | 0.03% |
572,082
+987
| +0.2% | +$48K |
|
575
Manhattan Associates
MANH
$11.2B
| $28.4M | 0.03% |
515,486
-1,779
| -0.3% | -$91K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.