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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Wyndham Hotels & Resorts
WH
$5.61B
| $24.1M | 0.02% |
431,751
-3,718
| -0.9% | -$203K |
|
652
Qualys
QLYS
$4.76B
| $24M | 0.02% |
275,207
-21,106
| -7% | -$1.82M |
|
653
Piper Sandler
PIPR
$4.99B
| $24M | 0.02% |
1,290,460
-94,276
| -7% | -$1.78M |
|
654
The Ensign Group
ENSG
$10.6B
| $24M | 0.02% |
449,915
-87
| -0% | -$4.35K |
|
655
Expedia Group
EXPE
$36.5B
| $23.9M | 0.02% |
179,938
+2,435
| +1% | +$300K |
|
656
Huntington Bancshares
HBAN
$34B
| $23.9M | 0.02% |
1,727,178
+116,589
| +7% | +$1.56M |
|
657
HF Sinclair
DINO
$16.2B
| $23.8M | 0.02% |
514,442
+61,482
| +14% | +$2.75M |
|
|
HES
658
DELISTED
Hess
HES
| $23.8M | 0.02% |
373,745
+284
| +0.1% | +$17.6K |
|
659
Yum China
YUMC
$15.7B
| $23.7M | 0.02% |
514,000
+59,811
| +13% | +$2.6M |
|
660
Brixmor Property Group
BRX
$9.72B
| $23.6M | 0.02% |
1,318,632
-2,259
| -0.2% | -$40.6K |
|
661
Watts Water Technologies
WTS
$11.2B
| $23.5M | 0.02% |
252,701
-10,980
| -4% | -$937K |
|
662
Avista
AVA
$3.43B
| $23.5M | 0.02% |
527,327
-8,069
| -2% | -$344K |
|
663
Monolithic Power Systems
MPWR
$61.4B
| $23.5M | 0.02% |
173,108
-2,592
| -1% | -$353K |
|
664
Equifax
EFX
$22B
| $23.5M | 0.02% |
173,443
-2,744
| -2% | -$344K |
|
|
BLD
665
DELISTED
TopBuild
BLD
| $23.4M | 0.02% |
282,694
-28,822
| -9% | -$2.2M |
|
666
Polaris
PII
$3.83B
| $23.4M | 0.02% |
256,397
+1,206
| +0.5% | +$110K |
|
667
Elanco Animal Health
ELAN
$13.2B
| $23.4M | 0.02% |
691,391
+460,549
| +200% | +$15M |
|
|
SWI
668
DELISTED
SolarWinds Corporation Common Stock
SWI
| $23.4M | 0.02% |
1,207,186
+40,081
| +3% | +$788K |
|
669
Cincinnati Financial
CINF
$27.8B
| $23.3M | 0.02% |
225,130
+5,449
| +2% | +$523K |
|
670
Quaker Houghton
KWR
$2.58B
| $23.3M | 0.02% |
114,824
+5,748
| +5% | +$1.17M |
|
671
Simpson Manufacturing
SSD
$7.79B
| $23.3M | 0.02% |
350,177
+8,073
| +2% | +$516K |
|
672
Watsco Inc
WSO
$13.2B
| $23.3M | 0.02% |
142,249
-1,163
| -0.8% | -$183K |
|
673
Incyte
INCY
$25.8B
| $23.2M | 0.02% |
273,135
-26,428
| -9% | -$2.12M |
|
674
ABM Industries
ABM
$2.89B
| $23.1M | 0.02% |
578,079
+39,576
| +7% | +$1.5M |
|
675
LPL Financial
LPLA
$27B
| $23.1M | 0.02% |
282,911
-124,194
| -31% | -$9.83M |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.