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 |
ANSS
Ansys
ANSS
|
+$188M |
| 2 |
Hyatt Hotels
H
|
+$164M |
| 3 |
Prologis
PLD
|
+$156M |
| 4 |
PayPal
PYPL
|
+$145M |
| 5 |
RP
RealPage, Inc.
RP
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$358M |
| 2 |
Moody's
MCO
|
+$318M |
| 3 |
Dentsply Sirona
XRAY
|
+$235M |
| 4 |
Ross Stores
ROST
|
+$233M |
| 5 |
S&P Global
SPGI
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.51% |
| 2 | Technology | 14.45% |
| 3 | Real Estate | 14.24% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Industrials | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Acadia Realty Trust
AKR
$3.09B
| $18.7M | 0.02% |
665,496
+21,594
| +3% | +$597K |
|
|
DHC
902
Diversified Healthcare Trust
DHC
$2.15B
| $18.6M | 0.02% |
1,062,067
+12,145
| +1% | +$223K |
|
903
Evercore
EVR
$12.4B
| $18.6M | 0.02% |
185,317
+3,226
| +2% | +$348K |
|
904
Texas Capital Bancshares
TCBI
$4.3B
| $18.6M | 0.02% |
225,442
+4,764
| +2% | +$432K |
|
905
Jabil
JBL
$33B
| $18.6M | 0.02% |
685,045
-70,603
| -9% | -$2.02M |
|
|
SRCI
906
DELISTED
SRC Energy Inc
SRCI
| $18.5M | 0.02% |
2,081,945
+69,075
| +3% | +$689K |
|
907
Raymond James Financial
RJF
$33.8B
| $18.5M | 0.02% |
301,427
+7,458
| +3% | +$460K |
|
|
COHR
908
DELISTED
Coherent Inc
COHR
| $18.5M | 0.02% |
107,397
-1,357
| -1% | -$239K |
|
909
Dorman Products
DORM
$3.98B
| $18.4M | 0.02% |
239,712
+5,560
| +2% | +$425K |
|
910
FNB Corp
FNB
$6.73B
| $18.4M | 0.02% |
1,448,658
+17,578
| +1% | +$234K |
|
911
Eagle Materials
EXP
$6.29B
| $18.4M | 0.02% |
215,590
+2,508
| +1% | +$244K |
|
912
Cavco Industries
CVCO
$4.22B
| $18.4M | 0.02% |
72,580
+3,049
| +4% | +$706K |
|
913
Sabra Healthcare REIT
SBRA
$5.34B
| $18.3M | 0.02% |
793,331
+8,570
| +1% | +$194K |
|
914
MSC Industrial Direct
MSM
$6.89B
| $18.3M | 0.02% |
208,057
-206,282
| -50% | -$17.6M |
|
915
New Jersey Resources
NJR
$5.84B
| $18.3M | 0.02% |
396,942
+6,309
| +2% | +$291K |
|
916
Valvoline
VVV
$4.9B
| $18.3M | 0.02% |
850,558
-12,410
| -1% | -$270K |
|
917
Hancock Whitney
HWC
$6.2B
| $18.3M | 0.02% |
384,507
+3,666
| +1% | +$184K |
|
|
CHK
918
DELISTED
Chesapeake Energy Corporation
CHK
| $18.3M | 0.02% |
20,354
+240
| +1% | +$219K |
|
919
Wynn Resorts
WYNN
$10.3B
| $18.2M | 0.02% |
143,486
+10,032
| +8% | +$1.49M |
|
|
FNSR
920
DELISTED
Finisar Corp
FNSR
| $18.2M | 0.02% |
956,992
+51,663
| +6% | +$961K |
|
921
Aramark
ARMK
$15B
| $18.2M | 0.02% |
586,352
-99,853
| -15% | -$2.92M |
|
922
Silicon Laboratories
SLAB
$7.17B
| $18.2M | 0.02% |
198,035
+5,161
| +3% | +$504K |
|
|
CLGX
923
DELISTED
Corelogic, Inc.
CLGX
| $18.2M | 0.02% |
367,849
+2,962
| +0.8% | +$151K |
|
|
FLOW
924
DELISTED
SPX FLOW, Inc.
FLOW
| $18.2M | 0.02% |
349,094
+11,615
| +3% | +$549K |
|
925
UFP Industries
UFPI
$4.9B
| $18.1M | 0.02% |
512,602
+20,641
| +4% | +$761K |
|
Similar funds
Principal Financial Group's Q3 2018 Portfolio in Review
As of Q3 2018, Principal Financial Group held 2,364 positions worth $113B, up 4.3% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2018 filing shows 94 new, 1,514 increased, 663 reduced and 76 closed positions. Its largest new stake was Shopify: 3,933,080 shares worth $64.7M. The largest sale was Sherwin-Williams, an estimated $358M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Real Estate.
- Principal Financial Group's largest Q3 2018 buy was Shopify: 3,933,080 shares worth $64.7M.
- Principal Financial Group added most to Ansys in Q3 2018, an estimated $188M increase.
- Principal Financial Group's biggest Q3 2018 reduction was Sherwin-Williams, cutting an estimated $358M.
- Principal Financial Group fully exited DCT Industrial Trust Inc. in Q3 2018, selling an estimated $155M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2018.
- Principal Financial Group opened 94 new positions and closed 76 in Q3 2018.
- Principal Financial Group's portfolio value rose 4.3% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2018, filed 14 Nov 2018.