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 |
Alphabet (Google) Class A
GOOGL
|
+$416M |
| 2 |
Equinix
EQIX
|
+$388M |
| 3 |
Dollar Tree
DLTR
|
+$228M |
| 4 |
PayPal
PYPL
|
+$124M |
| 5 |
Synchrony
SYF
|
+$114M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$409M |
| 2 |
Bausch Health
BHC
|
+$238M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$219M |
| 4 |
HES
Hess
HES
|
+$154M |
| 5 |
EOG Resources
EOG
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.75% |
| 2 | Real Estate | 16.23% |
| 3 | Technology | 11.78% |
| 4 | Healthcare | 10.74% |
| 5 | Consumer Discretionary | 10.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Matrix Service
MTRX
$326M
| $10.9M | 0.02% |
529,013
+64,615
| +14% | +$1.45M |
|
|
STR
902
DELISTED
QUESTAR CORP
STR
| $10.8M | 0.02% |
556,738
+12,174
| +2% | +$239K |
|
903
Boyd Gaming
BYD
$6.32B
| $10.8M | 0.02% |
545,587
+23,024
| +4% | +$442K |
|
904
Unifirst Corp
UNF
$5.3B
| $10.8M | 0.02% |
103,701
+4,518
| +5% | +$483K |
|
|
CMA
905
DELISTED
Comerica
CMA
| $10.8M | 0.02% |
257,903
+3,007
| +1% | +$131K |
|
|
TWOU
906
DELISTED
2U Inc
TWOU
| $10.7M | 0.02% |
12,800
-1,152
| -8% | -$863K |
|
|
CTRA
907
DELISTED
Coterra Energy
CTRA
| $10.7M | 0.02% |
606,571
+19,463
| +3% | +$390K |
|
908
Pinnacle West Capital
PNW
$12.2B
| $10.7M | 0.02% |
166,221
+10,889
| +7% | +$693K |
|
909
AGCO
AGCO
$7.4B
| $10.7M | 0.02% |
235,567
+483
| +0.2% | +$22.8K |
|
|
NTUS
910
DELISTED
Natus Medical Inc
NTUS
| $10.7M | 0.02% |
222,296
+13,504
| +6% | +$625K |
|
|
COHR
911
DELISTED
Coherent Inc
COHR
| $10.7M | 0.02% |
163,935
+2,577
| +2% | +$159K |
|
|
MGLN
912
DELISTED
Magellan Health Services, Inc.
MGLN
| $10.6M | 0.02% |
172,493
-3,057
| -2% | -$164K |
|
|
THS
913
DELISTED
Treehouse Foods
THS
| $10.6M | 0.02% |
135,298
+3,525
| +3% | +$294K |
|
914
Nasdaq
NDAQ
$52.7B
| $10.6M | 0.02% |
547,137
+48,972
| +10% | +$932K |
|
|
EE
915
DELISTED
El Paso Electric Company
EE
| $10.6M | 0.02% |
275,301
+15,497
| +6% | +$592K |
|
916
Mueller Industries
MLI
$14.7B
| $10.6M | 0.02% |
1,561,428
+72,392
| +5% | +$549K |
|
917
Old National Bancorp
ONB
$10.2B
| $10.6M | 0.02% |
778,308
+37,185
| +5% | +$526K |
|
|
LTC
918
LTC Properties
LTC
$2.06B
| $10.5M | 0.02% |
243,438
+13,268
| +6% | +$566K |
|
919
Bio-Techne
TECH
$11.2B
| $10.5M | 0.02% |
465,172
+4,172
| +0.9% | +$95.1K |
|
920
ITT
ITT
$17.5B
| $10.5M | 0.02% |
287,765
+8,354
| +3% | +$313K |
|
921
First Horizon
FHN
$12.2B
| $10.4M | 0.02% |
718,721
-9,656
| -1% | -$140K |
|
922
IPG Photonics
IPGP
$3.61B
| $10.4M | 0.02% |
116,918
+3,056
| +3% | +$262K |
|
|
AAT
923
American Assets Trust
AAT
$1.45B
| $10.4M | 0.02% |
270,222
+14,176
| +6% | +$574K |
|
924
Tetra Tech
TTEK
$8.49B
| $10.4M | 0.02% |
1,990,735
+29,800
| +2% | +$159K |
|
925
American States Water
AWR
$3.36B
| $10.4M | 0.02% |
246,880
+5,076
| +2% | +$210K |
|
Similar funds
Principal Financial Group's Q4 2015 Portfolio in Review
As of Q4 2015, Principal Financial Group held 2,273 positions worth $67.3B, up 5.7% from $63.6B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q4 2015 filing shows 90 new, 1,503 increased, 530 reduced and 82 closed positions. Its largest new stake was Alphabet (Google) Class A: 11,250,460 shares worth $438M. The largest sale was Alphabet (Google) Class C, an estimated $409M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q4 2015 buy was Alphabet (Google) Class A: 11,250,460 shares worth $438M.
- Principal Financial Group added most to Equinix in Q4 2015, an estimated $388M increase.
- Principal Financial Group's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $409M.
- Principal Financial Group fully exited Bausch Health in Q4 2015, selling an estimated $238M.
- Principal Financial Group's ten largest holdings make up 10% of its $67.3B portfolio in Q4 2015.
- Principal Financial Group opened 90 new positions and closed 82 in Q4 2015.
- Principal Financial Group's portfolio value rose 5.7% quarter-over-quarter to $67.3B.
Based on Principal Financial Group's 13F filing for Q4 2015, filed 9 Feb 2016.