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
| 1 |
O'Reilly Automotive
ORLY
|
$2.09B |
| 2 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
$451M |
| 3 |
Meta Platforms (Facebook)
META
|
$357M |
| 4 |
Fastenal
FAST
|
$273M |
| 5 |
LPL Financial
LPLA
|
$209M |
Top Sells
| 1 |
iShares Core S&P 500 ETF
IVV
|
$877M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$629M |
| 3 |
Netflix
NFLX
|
$421M |
| 4 |
Progressive
PGR
|
$384M |
| 5 |
CarMax
KMX
|
$270M |
Sector Composition
| 1 | Technology | 20.36% |
| 2 | Financials | 16.54% |
| 3 | Real Estate | 12.06% |
| 4 | Consumer Discretionary | 11.39% |
| 5 | Industrials | 10.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Exxon Mobil
XOM
$487B
| $715M | 0.38% | 6,634,640 -20,944 | -0.3% | -$2.26M |
|
52
Suncor Energy
SU
$50.1B
| $701M | 0.37% | 18,748,156 +2,730,027 | +17% | +$102M |
|
53
Bank of America
BAC
$376B
| $695M | 0.37% | 14,695,881 +304,362 | +2% | +$14.4M |
|
|
PIEQ
54
Principal International Equity ETF
PIEQ
$820M
| $684M | 0.36% | 23,524,666 -1,274,577 | -5% | -$37.1M |
|
55
Fair Isaac
FICO
$36.5B
| $683M | 0.36% | 373,852 -17,971 | -5% | -$32.9M |
|
56
Cadence Design Systems
CDNS
$95.5B
| $675M | 0.36% | 2,190,987 -54,943 | -2% | -$16.9M |
|
57
Regency Centers
REG
$13.2B
| $671M | 0.35% | 9,418,345 +383,869 | +4% | +$27.3M |
|
58
Digital Realty Trust
DLR
$57.2B
| $660M | 0.35% | 3,785,939 -130,994 | -3% | -$22.8M |
|
59
Gartner
IT
$19B
| $656M | 0.35% | 1,624,033 -374,164 | -19% | -$151M |
|
60
UnitedHealth
UNH
$281B
| $638M | 0.34% | 2,046,581 +170,707 | +9% | +$53.3M |
|
61
Walmart
WMT
$774B
| $605M | 0.32% | 6,190,649 +236,995 | +4% | +$23.2M |
|
62
Idexx Laboratories
IDXX
$51.8B
| $605M | 0.32% | 1,127,755 +1,753 | +0.2% | +$940K |
|
|
63
LPL Financial
LPLA
$29.2B
| $599M | 0.32% | 1,596,944 +558,261 | +54% | +$209M |
|
64
Invitation Homes
INVH
$19.2B
| $598M | 0.32% | 18,220,896 -865,545 | -5% | -$28.4M |
|
65
Ares Management
ARES
$39.3B
| $596M | 0.31% | 3,439,948 +85,916 | +3% | +$14.9M |
|
66
TSMC
TSM
$1.2T
| $593M | 0.31% | 2,616,219 +13,111 | +0.5% | +$2.97M |
|
67
Coca-Cola
KO
$297B
| $590M | 0.31% | 8,341,922 +911,612 | +12% | +$64.5M |
|
68
Linde
LIN
$224B
| $588M | 0.31% | 1,253,175 -37,967 | -3% | -$17.8M |
|
69
Danaher
DHR
$147B
| $581M | 0.31% | 2,939,593 -44,522 | -1% | -$8.79M |
|
70
Abbott
ABT
$231B
| $579M | 0.31% | 4,254,863 +131,388 | +3% | +$17.9M |
|
71
Charles Schwab
SCHW
$174B
| $576M | 0.3% | 6,314,824 -235,720 | -4% | -$21.5M |
|
72
Morgan Stanley
MS
$240B
| $566M | 0.3% | 4,021,051 -48,216 | -1% | -$6.79M |
|
73
Air Products & Chemicals
APD
$65.5B
| $555M | 0.29% | 1,967,457 +241,695 | +14% | +$68.2M |
|
|
74
Fastenal
FAST
$57B
| $550M | 0.29% | 13,087,686 +6,495,836 | +99% | +$273M |
|
75
Johnson & Johnson
JNJ
$427B
| $547M | 0.29% | 3,582,915 +189,556 | +6% | +$29M |
|