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 |
iShares MBS ETF
MBB
|
+$249M |
| 2 |
Host Hotels & Resorts
HST
|
+$199M |
| 3 |
Wayfair
W
|
+$197M |
| 4 |
AerCap
AER
|
+$115M |
| 5 |
Fastenal
FAST
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$174M |
| 3 |
Apple
AAPL
|
+$133M |
| 4 |
Scotiabank
BNS
|
+$121M |
| 5 |
Simon Property Group
SPG
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.64% |
| 2 | Financials | 16.14% |
| 3 | Technology | 14.76% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
United Bankshares
UBSI
$6.63B
| $16.7M | 0.01% |
440,317
-1,897
| -0.4% | -$70.3K |
|
902
Nasdaq
NDAQ
$52.7B
| $16.7M | 0.01% |
503,310
-2,334
| -0.5% | -$77.6K |
|
|
ROIC
903
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $16.7M | 0.01% |
914,063
-2,738
| -0.3% | -$49.1K |
|
904
Stepan Co
SCL
$1.46B
| $16.7M | 0.01% |
171,610
-1,163
| -0.7% | -$110K |
|
905
Textron
TXT
$14.7B
| $16.6M | 0.01% |
339,086
-3,451
| -1% | -$168K |
|
906
Eagle Materials
EXP
$6.29B
| $16.6M | 0.01% |
184,374
-6,905
| -4% | -$592K |
|
|
AXE
907
DELISTED
Anixter International Inc
AXE
| $16.6M | 0.01% |
240,064
+7,770
| +3% | +$476K |
|
|
LADR
908
Ladder Capital
LADR
$1.21B
| $16.6M | 0.01% |
960,676
+13,473
| +1% | +$228K |
|
909
Fortinet
FTNT
$119B
| $16.5M | 0.01% |
1,075,825
-45,150
| -4% | -$733K |
|
910
8x8 Inc
EGHT
$269M
| $16.5M | 0.01% |
793,966
+12,814
| +2% | +$310K |
|
911
NiSource
NI
$21.3B
| $16.4M | 0.01% |
549,357
+1,548
| +0.3% | +$45.4K |
|
912
Teladoc Health
TDOC
$1.22B
| $16.4M | 0.01% |
242,629
+2,479
| +1% | +$163K |
|
913
FNB Corp
FNB
$6.73B
| $16.4M | 0.01% |
1,422,449
-24,485
| -2% | -$277K |
|
914
Evertec
EVTC
$1.88B
| $16.4M | 0.01% |
524,914
-4,052
| -0.8% | -$136K |
|
915
Everest Group
EG
$14.5B
| $16.4M | 0.01% |
61,582
-63
| -0.1% | -$15.9K |
|
916
Dick's Sporting Goods
DKS
$17.5B
| $16.4M | 0.01% |
400,691
-1,590
| -0.4% | -$57.3K |
|
917
Diamondrock Hospitality Co
DRH
$2.71B
| $16.3M | 0.01% |
1,593,788
-32,804
| -2% | -$323K |
|
918
SLM Corp
SLM
$4.89B
| $16.3M | 0.01% |
1,849,890
-59,624
| -3% | -$537K |
|
919
Olin
OLN
$2.11B
| $16.3M | 0.01% |
871,794
+24,597
| +3% | +$464K |
|
|
TECD
920
DELISTED
Tech Data Corp
TECD
| $16.3M | 0.01% |
156,434
-5,157
| -3% | -$503K |
|
|
PSB
921
DELISTED
PS Business Parks, Inc.
PSB
| $16.3M | 0.01% |
89,341
-950
| -1% | -$168K |
|
|
ETFC
922
DELISTED
E*Trade Financial Corporation
ETFC
| $16.3M | 0.01% |
372,074
+5,813
| +2% | +$257K |
|
|
CLGX
923
DELISTED
Corelogic, Inc.
CLGX
| $16.2M | 0.01% |
351,102
-7,788
| -2% | -$358K |
|
924
ACI Worldwide
ACIW
$5.83B
| $16.2M | 0.01% |
518,169
+21,175
| +4% | +$671K |
|
925
iShares Core S&P Small-Cap ETF
IJR
$109B
| $16.2M | 0.01% |
207,974
-4,286
| -2% | -$332K |
|
Similar funds
Principal Financial Group's Q3 2019 Portfolio in Review
As of Q3 2019, Principal Financial Group held 2,307 positions worth $113B, up 2% from $111B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2019 filing shows 81 new, 938 increased, 1,207 reduced and 62 closed positions. Its largest new stake was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M. The largest sale was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $223M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2019 buy was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M.
- Principal Financial Group added most to iShares MBS ETF in Q3 2019, an estimated $249M increase.
- Principal Financial Group's biggest Q3 2019 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $223M.
- Principal Financial Group fully exited Anadarko Petroleum in Q3 2019, selling an estimated $55.2M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2019.
- Principal Financial Group opened 81 new positions and closed 62 in Q3 2019.
- Principal Financial Group's portfolio value rose 2% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2019, filed 13 Nov 2019.