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 |
ANSS
Ansys
ANSS
|
+$188M |
| 2 |
Hyatt Hotels
H
|
+$164M |
| 3 |
Prologis
PLD
|
+$156M |
| 4 |
PayPal
PYPL
|
+$145M |
| 5 |
RP
RealPage, Inc.
RP
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$358M |
| 2 |
Moody's
MCO
|
+$318M |
| 3 |
Dentsply Sirona
XRAY
|
+$235M |
| 4 |
Ross Stores
ROST
|
+$233M |
| 5 |
S&P Global
SPGI
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.51% |
| 2 | Technology | 14.45% |
| 3 | Real Estate | 14.24% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Industrials | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AMED
576
DELISTED
Amedisys
AMED
| $32M | 0.03% |
255,804
+12,652
| +5% | +$1.4M |
|
|
JBTM
577
JBT Marel
JBTM
$7.21B
| $31.9M | 0.03% |
267,611
+9,046
| +3% | +$984K |
|
|
XLNX
578
DELISTED
Xilinx Inc
XLNX
| $31.9M | 0.03% |
397,926
+11,378
| +3% | +$832K |
|
579
Global Payments
GPN
$23B
| $31.9M | 0.03% |
250,365
+960
| +0.4% | +$115K |
|
580
Selective Insurance
SIGI
$5.65B
| $31.7M | 0.03% |
499,537
+19,771
| +4% | +$1.21M |
|
|
EGN
581
DELISTED
Energen
EGN
| $31.7M | 0.03% |
368,070
-63,741
| -15% | -$4.85M |
|
|
ABMD
582
DELISTED
Abiomed Inc
ABMD
| $31.7M | 0.03% |
70,405
+4,811
| +7% | +$1.9M |
|
583
Advanced Energy
AEIS
$11.6B
| $31.6M | 0.03% |
612,146
-21,732
| -3% | -$1.26M |
|
584
Park Hotels & Resorts
PK
$3.03B
| $31.6M | 0.03% |
962,826
-870,112
| -47% | -$28.1M |
|
585
Zions Bancorporation
ZION
$10.2B
| $31.6M | 0.03% |
629,559
-207,482
| -25% | -$11M |
|
586
Neogen
NEOG
$2.62B
| $31.5M | 0.03% |
881,742
+39,014
| +5% | +$1.66M |
|
587
Chemours
CC
$2.5B
| $31.4M | 0.03% |
797,322
+5,498
| +0.7% | +$241K |
|
|
WCN
588
Waste Connections
WCN
$42.2B
| $31.4M | 0.03% |
394,234
-7,224
| -2% | -$567K |
|
589
L3Harris
LHX
$51.6B
| $31.3M | 0.03% |
185,091
-7,609
| -4% | -$1.21M |
|
|
BCPC
590
Balchem Corp
BCPC
$5.38B
| $31.1M | 0.03% |
277,328
+11,978
| +5% | +$1.26M |
|
591
Newmont
NEM
$98.7B
| $31.1M | 0.03% |
1,028,574
+46,789
| +5% | +$1.58M |
|
592
Murphy Oil
MUR
$5.7B
| $31.1M | 0.03% |
931,610
-120,330
| -11% | -$3.82M |
|
593
Lumen
LUMN
$6.57B
| $30.9M | 0.03% |
1,458,235
-6,683
| -0.5% | -$140K |
|
594
Hercules Capital
HTGC
$3.07B
| $30.8M | 0.03% |
2,342,434
-69,837
| -3% | -$932K |
|
595
Wolverine World Wide
WWW
$1.61B
| $30.8M | 0.03% |
788,384
+34,233
| +5% | +$1.27M |
|
|
PARA
596
DELISTED
Paramount Global Class B
PARA
| $30.7M | 0.03% |
534,585
+5,989
| +1% | +$331K |
|
|
MRO
597
DELISTED
Marathon Oil Corporation
MRO
| $30.7M | 0.03% |
1,319,044
+15,441
| +1% | +$323K |
|
|
PPL
598
PPL Corp
PPL
$26.5B
| $30.7M | 0.03% |
1,048,266
+11,676
| +1% | +$341K |
|
599
Ventas
VTR
$48B
| $30.6M | 0.03% |
563,477
+37,032
| +7% | +$2.14M |
|
600
United Airlines
UAL
$39.4B
| $30.6M | 0.03% |
343,392
-5,906
| -2% | -$487K |
|
Similar funds
Principal Financial Group's Q3 2018 Portfolio in Review
As of Q3 2018, Principal Financial Group held 2,364 positions worth $113B, up 4.3% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2018 filing shows 94 new, 1,514 increased, 663 reduced and 76 closed positions. Its largest new stake was Shopify: 3,933,080 shares worth $64.7M. The largest sale was Sherwin-Williams, an estimated $358M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Real Estate.
- Principal Financial Group's largest Q3 2018 buy was Shopify: 3,933,080 shares worth $64.7M.
- Principal Financial Group added most to Ansys in Q3 2018, an estimated $188M increase.
- Principal Financial Group's biggest Q3 2018 reduction was Sherwin-Williams, cutting an estimated $358M.
- Principal Financial Group fully exited DCT Industrial Trust Inc. in Q3 2018, selling an estimated $155M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2018.
- Principal Financial Group opened 94 new positions and closed 76 in Q3 2018.
- Principal Financial Group's portfolio value rose 4.3% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2018, filed 14 Nov 2018.