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 |
CoStar Group
CSGP
|
+$351M |
| 2 |
Digital Realty Trust
DLR
|
+$234M |
| 3 |
American Tower
AMT
|
+$214M |
| 4 |
AvalonBay Communities
AVB
|
+$158M |
| 5 |
COR
Coresite Realty Corporation
COR
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$358M |
| 2 |
Welltower
WELL
|
+$234M |
| 3 |
Wayfair
W
|
+$187M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$173M |
| 5 |
Host Hotels & Resorts
HST
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.28% |
| 2 | Real Estate | 16.9% |
| 3 | Financials | 15.46% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Healthcare | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Ventas
VTR
$47.3B
| $15.1M | 0.02% |
562,809
-6,054
| -1% | -$301K |
|
677
Lithia Motors
LAD
$8.26B
| $14.9M | 0.02% |
182,642
-6,655
| -4% | -$803K |
|
678
Pebblebrook Hotel Trust
PEB
$2.08B
| $14.9M | 0.02% |
1,368,843
-215,473
| -14% | -$4.38M |
|
679
Aaon
AAON
$7.39B
| $14.9M | 0.02% |
462,468
-25,190
| -5% | -$878K |
|
680
Casey's General Stores
CASY
$30.8B
| $14.8M | 0.02% |
111,861
-48,652
| -30% | -$7.88M |
|
681
Sanmina
SANM
$11B
| $14.8M | 0.02% |
542,059
-19,377
| -3% | -$565K |
|
682
Regions Financial
RF
$26.8B
| $14.8M | 0.02% |
1,647,000
-90,237
| -5% | -$1.26M |
|
683
Paycom
PAYC
$10.1B
| $14.7M | 0.02% |
72,549
+65,639
| +950% | +$18M |
|
684
Applied Industrial Technologies
AIT
$13.3B
| $14.6M | 0.02% |
320,350
-12,434
| -4% | -$735K |
|
|
WRK
685
DELISTED
WestRock Company
WRK
| $14.6M | 0.02% |
516,734
+10,399
| +2% | +$374K |
|
|
ELME
686
Elme Communities
ELME
$145M
| $14.6M | 0.02% |
611,459
-25,287
| -4% | -$718K |
|
687
Unitil
UTL
$981M
| $14.5M | 0.02% |
277,601
+38,314
| +16% | +$2.27M |
|
688
Steven Madden
SHOO
$3.53B
| $14.5M | 0.02% |
624,300
-24,631
| -4% | -$854K |
|
689
J&J Snack Foods
JJSF
$1.72B
| $14.5M | 0.02% |
119,682
-4,671
| -4% | -$753K |
|
690
Diodes
DIOD
$4.54B
| $14.5M | 0.02% |
355,769
-10,950
| -3% | -$525K |
|
691
Hawaiian Electric Industries
HE
$2.16B
| $14.4M | 0.02% |
335,162
-138,066
| -29% | -$6.38M |
|
692
Lear
LEA
$7.93B
| $14.4M | 0.02% |
177,250
-91,684
| -34% | -$10.6M |
|
693
Aecom
ACM
$9.63B
| $14.3M | 0.02% |
480,447
-197,847
| -29% | -$8.46M |
|
|
BBU
694
DELISTED
Brookfield Business Partners
BBU
| $14.3M | 0.02% |
877,953
+7,380
| +0.8% | +$179K |
|
695
Stepan Co
SCL
$1.45B
| $14.3M | 0.02% |
161,982
-8,098
| -5% | -$773K |
|
|
TECD
696
DELISTED
Tech Data Corp
TECD
| $14.3M | 0.02% |
109,452
-45,065
| -29% | -$6.25M |
|
697
Badger Meter
BMI
$3.98B
| $14.3M | 0.02% |
266,753
-7,136
| -3% | -$435K |
|
698
Genuine Parts
GPC
$18.3B
| $14.3M | 0.02% |
212,138
+2,487
| +1% | +$221K |
|
699
Trex
TREX
$4.93B
| $14.3M | 0.02% |
356,164
-150,846
| -30% | -$7.07M |
|
700
Northwest Natural Holdings
NWN
$2.14B
| $14.3M | 0.02% |
230,915
-9,546
| -4% | -$667K |
|
Similar funds
Principal Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Principal Financial Group held 2,294 positions worth $90.3B, down 25% from $120B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2020 filing shows 64 new, 735 increased, 1,378 reduced and 95 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M. The largest sale was Interxion Holding N.V., an estimated $358M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M.
- Principal Financial Group added most to CoStar Group in Q1 2020, an estimated $351M increase.
- Principal Financial Group's biggest Q1 2020 reduction was Welltower, cutting an estimated $234M.
- Principal Financial Group fully exited Interxion Holding N.V. in Q1 2020, selling an estimated $358M.
- Principal Financial Group's ten largest holdings make up 14% of its $90.3B portfolio in Q1 2020.
- Principal Financial Group opened 64 new positions and closed 95 in Q1 2020.
- Principal Financial Group's portfolio value fell 25% quarter-over-quarter to $90.3B.
Based on Principal Financial Group's 13F filing for Q1 2020, filed 12 May 2020.