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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EV
751
DELISTED
Eaton Vance Corp.
EV
| $20.6M | 0.02% |
511,864
-2,918
| -0.6% | -$116K |
|
752
New York Times
NYT
$12.1B
| $20.6M | 0.02% |
626,973
+6,652
| +1% | +$197K |
|
753
Wabtec
WAB
$49.1B
| $20.6M | 0.02% |
278,891
-191,466
| -41% | -$13.8M |
|
754
Columbia Banking Systems
COLB
$8.84B
| $20.6M | 0.02% |
628,655
-17,521
| -3% | -$636K |
|
755
W.W. Grainger
GWW
$65.3B
| $20.5M | 0.02% |
68,267
-2,161
| -3% | -$643K |
|
756
Watsco Inc
WSO
$12.7B
| $20.5M | 0.02% |
143,412
+801
| +0.6% | +$115K |
|
757
Maximus
MMS
$3.17B
| $20.5M | 0.02% |
289,278
+2,250
| +0.8% | +$158K |
|
758
Alarm.com
ALRM
$2.71B
| $20.5M | 0.02% |
315,472
-1,112
| -0.4% | -$67.5K |
|
759
Aecom
ACM
$9.3B
| $20.5M | 0.02% |
689,834
+3,872
| +0.6% | +$116K |
|
760
Huntington Bancshares
HBAN
$34.4B
| $20.4M | 0.02% |
1,610,589
-42,118
| -3% | -$566K |
|
761
Yum China
YUMC
$16.5B
| $20.4M | 0.02% |
454,189
+427,482
| +1,601% | +$16.8M |
|
762
Repligen
RGEN
$7.96B
| $20.4M | 0.02% |
344,523
-2,300
| -0.7% | -$132K |
|
|
MDSO
763
DELISTED
Medidata Solutions, Inc.
MDSO
| $20.3M | 0.02% |
277,734
+8,662
| +3% | +$625K |
|
764
Simpson Manufacturing
SSD
$7.72B
| $20.3M | 0.02% |
342,104
-11,339
| -3% | -$670K |
|
765
WD-40
WDFC
$3.05B
| $20.3M | 0.02% |
119,667
-1,097
| -0.9% | -$193K |
|
766
First Bancorp
FBP
$4.42B
| $20.3M | 0.02% |
1,767,830
-24,609
| -1% | -$260K |
|
767
Baker Hughes
BKR
$60B
| $20.3M | 0.02% |
730,704
-11,612
| -2% | -$294K |
|
768
Williams-Sonoma
WSM
$26.9B
| $20.2M | 0.02% |
719,450
+5,044
| +0.7% | +$139K |
|
769
Atlanta Braves Holdings Series B
BATRK
$3.26B
| $20.2M | 0.02% |
728,769
-22,599
| -3% | -$621K |
|
770
Webster Financial
WBS
$12.5B
| $20.2M | 0.02% |
399,049
-5,375
| -1% | -$291K |
|
|
BLD
771
DELISTED
TopBuild
BLD
| $20.2M | 0.02% |
311,516
-1,916
| -0.6% | -$108K |
|
|
LSI
772
DELISTED
Life Storage, Inc.
LSI
| $20.2M | 0.02% |
310,806
+3,748
| +1% | +$240K |
|
|
JBGS
773
JBG SMITH
JBGS
$818M
| $20.1M | 0.02% |
487,070
+10,072
| +2% | +$395K |
|
|
SRCL
774
DELISTED
Stericycle Inc
SRCL
| $20.1M | 0.02% |
369,726
+3,351
| +0.9% | +$152K |
|
|
XHR
775
Xenia Hotels & Resorts
XHR
$1.9B
| $20.1M | 0.02% |
917,405
+902,600
| +6,097% | +$17.2M |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.