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 | |
|---|---|---|---|---|---|---|
|
COR
676
DELISTED
Coresite Realty Corporation
COR
| $24.3M | 0.02% |
242,532
+10,424
| +4% | +$1.07M |
|
677
Principal Spectrum Preferred Securities Active ETF
PREF
$1.77B
| $24.3M | 0.02% |
1,245,020
| – | – |
|
678
Baker Hughes
BKR
$60B
| $24.2M | 0.02% |
872,651
+80,744
| +10% | +$2.47M |
|
679
Ameren
AEE
$30.3B
| $24.2M | 0.02% |
427,127
-222,378
| -34% | -$12.3M |
|
680
MDU Resources
MDU
$4.17B
| $24.2M | 0.02% |
2,257,564
+82,689
| +4% | +$840K |
|
681
Lumen
LUMN
$6.57B
| $24.1M | 0.02% |
1,468,999
-22,767
| -2% | -$395K |
|
682
Central Pacific Financial
CPF
$1.02B
| $24.1M | 0.02% |
847,871
-253,773
| -23% | -$7.44M |
|
|
TCO
683
DELISTED
Taubman Centers Inc.
TCO
| $24.1M | 0.02% |
422,725
+17,472
| +4% | +$1.05M |
|
684
WIX.com
WIX
$2.3B
| $24M | 0.02% |
301,709
-76,369
| -20% | -$5.36M |
|
685
RenaissanceRe
RNR
$13.3B
| $24M | 0.02% |
173,235
+4,039
| +2% | +$524K |
|
|
CTLT
686
DELISTED
CATALENT, INC.
CTLT
| $23.9M | 0.02% |
581,638
+10,249
| +2% | +$436K |
|
687
Visteon
VC
$2.79B
| $23.8M | 0.02% |
216,315
-11,320
| -5% | -$1.42M |
|
688
Dover
DOV
$27.6B
| $23.8M | 0.02% |
299,826
+4,520
| +2% | +$370K |
|
|
NATI
689
DELISTED
National Instruments Corp
NATI
| $23.7M | 0.02% |
469,213
+9,807
| +2% | +$477K |
|
690
Glacier Bancorp
GBCI
$6.42B
| $23.7M | 0.02% |
616,669
+24,525
| +4% | +$966K |
|
691
Old Republic International
ORI
$10.5B
| $23.6M | 0.02% |
1,102,293
+50,426
| +5% | +$1.05M |
|
|
TSS
692
DELISTED
Total System Services, Inc.
TSS
| $23.6M | 0.02% |
274,000
-2,927
| -1% | -$252K |
|
|
ACC
693
DELISTED
American Campus Communities, Inc.
ACC
| $23.6M | 0.02% |
610,820
+15,608
| +3% | +$588K |
|
694
Prestige Consumer Healthcare
PBH
$2.38B
| $23.6M | 0.02% |
699,370
-3,404
| -0.5% | -$131K |
|
695
Applied Industrial Technologies
AIT
$12.8B
| $23.6M | 0.02% |
323,238
-383,586
| -54% | -$27.5M |
|
|
KS
696
DELISTED
KapStone Paper and Pack Corp.
KS
| $23.5M | 0.02% |
685,178
+16,136
| +2% | +$515K |
|
697
Incyte
INCY
$24.2B
| $23.5M | 0.02% |
281,738
+467
| +0.2% | +$42.1K |
|
698
Lamar Advertising Co
LAMR
$16.2B
| $23.5M | 0.02% |
368,593
+8,086
| +2% | +$556K |
|
699
Deckers Outdoor
DECK
$13.2B
| $23.4M | 0.02% |
1,560,396
-5,586
| -0.4% | -$83.9K |
|
700
Manhattan Associates
MANH
$11.2B
| $23.4M | 0.02% |
558,754
-1,664
| -0.3% | -$77.7K |
|
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.