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 | |
|---|---|---|---|---|---|---|
701
Cirrus Logic
CRUS
$6.23B
| $14.2M | 0.02% |
216,982
-72,667
| -25% | -$5.37M |
|
702
Sonoco
SON
$5.64B
| $14.2M | 0.02% |
307,197
-127,022
| -29% | -$6.77M |
|
703
Cboe Global Markets
CBOE
$30.2B
| $14.2M | 0.02% |
158,888
+400
| +0.3% | +$44.8K |
|
704
Invesco QQQ Trust
QQQ
$479B
| $14.2M | 0.02% |
+74,428
| New | +$15.8M |
|
705
Repligen
RGEN
$9B
| $14.1M | 0.02% |
146,400
-60,491
| -29% | -$5.84M |
|
706
Graphic Packaging
GPK
$3.51B
| $14.1M | 0.02% |
1,152,454
-96,558
| -8% | -$1.42M |
|
707
Innospec
IOSP
$2.25B
| $14M | 0.02% |
202,117
-7,573
| -4% | -$692K |
|
708
Ulta Beauty
ULTA
$23.2B
| $14M | 0.02% |
79,904
-3,968
| -5% | -$989K |
|
709
Liberty Global Class A
LBTYA
$3.68B
| $14M | 0.02% |
850,314
+20,709
| +2% | +$408K |
|
710
WEX
WEX
$6.46B
| $14M | 0.02% |
133,729
-54,964
| -29% | -$10.3M |
|
711
Oshkosh
OSK
$9.47B
| $13.9M | 0.02% |
216,144
-93,924
| -30% | -$7.36M |
|
|
HOLX
712
DELISTED
Hologic
HOLX
| $13.9M | 0.02% |
395,863
+1,280
| +0.3% | +$60.9K |
|
|
DEA
713
Easterly Government Properties
DEA
$1.18B
| $13.9M | 0.02% |
225,354
-13,110
| -5% | -$784K |
|
714
Atlanta Braves Holdings Series B
BATRK
$3.13B
| $13.9M | 0.02% |
726,750
+5,432
| +0.8% | +$139K |
|
715
Interparfums
IPAR
$3.81B
| $13.8M | 0.02% |
297,688
-28,630
| -9% | -$1.79M |
|
716
Kirby Corp
KEX
$7.11B
| $13.8M | 0.02% |
316,340
-82,362
| -21% | -$5.6M |
|
|
SBNY
717
DELISTED
Signature Bank
SBNY
| $13.7M | 0.02% |
171,006
-71,813
| -30% | -$9.02M |
|
718
NiSource
NI
$20.8B
| $13.7M | 0.02% |
550,075
+8,792
| +2% | +$243K |
|
719
Celanese
CE
$4.82B
| $13.7M | 0.02% |
186,924
+2,527
| +1% | +$250K |
|
720
Lumen
LUMN
$6.09B
| $13.7M | 0.02% |
1,444,008
+45,082
| +3% | +$564K |
|
721
Oneok
OKE
$55.4B
| $13.7M | 0.02% |
625,942
-4,747
| -0.8% | -$289K |
|
722
C.H. Robinson
CHRW
$17.1B
| $13.6M | 0.02% |
205,937
+5,370
| +3% | +$386K |
|
|
DNKN
723
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $13.6M | 0.02% |
256,541
-106,700
| -29% | -$7.4M |
|
724
Lamar Advertising Co
LAMR
$16.2B
| $13.6M | 0.02% |
265,481
-110,311
| -29% | -$8.89M |
|
|
LSI
725
DELISTED
Life Storage, Inc.
LSI
| $13.6M | 0.02% |
215,579
-88,863
| -29% | -$6.35M |
|
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.