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 |
O'Reilly Automotive
ORLY
|
+$160M |
| 2 |
DuPont de Nemours
DD
|
+$128M |
| 3 |
Healthpeak Properties
DOC
|
+$106M |
| 4 |
Gartner
IT
|
+$94.5M |
| 5 |
Air Products & Chemicals
APD
|
+$91.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$240M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$165M |
| 3 |
JPMorgan Chase
JPM
|
+$114M |
| 4 |
Welltower
WELL
|
+$110M |
| 5 |
Willis Towers Watson
WTW
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Real Estate | 14.57% |
| 3 | Technology | 11.95% |
| 4 | Consumer Discretionary | 10.63% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
Henry Schein
HSIC
$9.76B
| $20.1M | 0.02% |
312,421
-7,716
| -2% | -$526K |
|
|
SVC
777
Service Properties Trust
SVC
$1.09B
| $20.1M | 0.02% |
141,016
-49,486
| -26% | -$6.97M |
|
778
CMS Energy
CMS
$23B
| $20.1M | 0.02% |
433,567
-10,181
| -2% | -$480K |
|
|
GWB
779
DELISTED
Great Western Bancorp, Inc.
GWB
| $20M | 0.02% |
485,678
-4,334
| -0.9% | -$165K |
|
780
Zions Bancorporation
ZION
$10.1B
| $20M | 0.02% |
424,696
+105,440
| +33% | +$4.69M |
|
781
Semtech
SMTC
$10.4B
| $20M | 0.02% |
533,523
-1,528
| -0.3% | -$57K |
|
782
Ulta Beauty
ULTA
$21.6B
| $20M | 0.02% |
88,562
-7,532
| -8% | -$1.81M |
|
|
SIX
783
DELISTED
Six Flags Entertainment Corp.
SIX
| $20M | 0.02% |
328,104
+321,912
| +5,199% | +$18M |
|
|
AEL
784
DELISTED
American Equity Investment Life Holding Company
AEL
| $20M | 0.02% |
686,964
-7,539
| -1% | -$208K |
|
785
Curtiss-Wright
CW
$26.9B
| $19.7M | 0.02% |
188,357
+812
| +0.4% | +$78.8K |
|
|
CSFL
786
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $19.6M | 0.02% |
731,530
-13,513
| -2% | -$336K |
|
787
NCR Voyix
VYX
$1.19B
| $19.6M | 0.02% |
850,519
-467
| -0.1% | -$10.7K |
|
788
Cintas
CTAS
$86B
| $19.5M | 0.02% |
541,432
+15,420
| +3% | +$514K |
|
|
WPX
789
DELISTED
WPX Energy, Inc.
WPX
| $19.5M | 0.02% |
1,692,015
+11,119
| +0.7% | +$114K |
|
|
HI
790
DELISTED
Hillenbrand
HI
| $19.4M | 0.02% |
500,545
-5,358
| -1% | -$195K |
|
791
NetApp
NTAP
$34.2B
| $19.4M | 0.02% |
444,332
-164,399
| -27% | -$6.79M |
|
792
Prosperity Bancshares
PB
$8.82B
| $19.4M | 0.02% |
295,567
+1,811
| +0.6% | +$113K |
|
|
SLCA
793
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $19.4M | 0.02% |
624,639
-126,100
| -17% | -$3.65M |
|
|
GWR
794
DELISTED
Genesee & Wyoming Inc.
GWR
| $19.4M | 0.02% |
261,575
+10,084
| +4% | +$690K |
|
795
Equifax
EFX
$22B
| $19.4M | 0.02% |
182,578
-7,448
| -4% | -$985K |
|
|
NATI
796
DELISTED
National Instruments Corp
NATI
| $19.3M | 0.02% |
458,721
+3,649
| +0.8% | +$149K |
|
797
Haemonetics
HAE
$3.75B
| $19.3M | 0.02% |
431,013
-3,377
| -0.8% | -$140K |
|
798
ABM Industries
ABM
$2.88B
| $19.3M | 0.02% |
463,116
-8,290
| -2% | -$353K |
|
799
FNB Corp
FNB
$6.81B
| $19.3M | 0.02% |
1,375,350
+7,543
| +0.6% | +$101K |
|
|
CRZO
800
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $19.3M | 0.02% |
1,125,948
+8,897
| +0.8% | +$130K |
|
Similar funds
Principal Financial Group's Q3 2017 Portfolio in Review
As of Q3 2017, Principal Financial Group held 2,305 positions worth $103B, up 3.3% from $99.8B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Principal Financial Group's Q3 2017 filing shows 56 new, 739 increased, 1,351 reduced and 102 closed positions. Its largest new stake was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M. The largest sale was AutoZone, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q3 2017 buy was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M.
- Principal Financial Group added most to O'Reilly Automotive in Q3 2017, an estimated $160M increase.
- Principal Financial Group's biggest Q3 2017 reduction was AutoZone, cutting an estimated $240M.
- Principal Financial Group fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $165M.
- Principal Financial Group's ten largest holdings make up 9.5% of its $103B portfolio in Q3 2017.
- Principal Financial Group opened 56 new positions and closed 102 in Q3 2017.
- Principal Financial Group's portfolio value rose 3.3% quarter-over-quarter to $103B.
Based on Principal Financial Group's 13F filing for Q3 2017, filed 2 Nov 2017.