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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SGI
901
Somnigroup International
SGI
$13.7B
| $17.5M | 0.01% |
802,292
-8,700
| -1% | -$182K |
|
902
Pacira BioSciences
PCRX
$1.04B
| $17.5M | 0.01% |
385,386
+11,274
| +3% | +$479K |
|
|
SVC
903
Service Properties Trust
SVC
$1.04B
| $17.5M | 0.01% |
143,466
-130
| -0.1% | -$15.8K |
|
904
Dorman Products
DORM
$3.98B
| $17.5M | 0.01% |
230,485
-12,953
| -5% | -$979K |
|
905
iShares Core S&P Small-Cap ETF
IJR
$109B
| $17.4M | 0.01% |
208,083
+109
| +0.1% | +$8.77K |
|
906
Stepan Co
SCL
$1.46B
| $17.4M | 0.01% |
170,080
-1,530
| -0.9% | -$149K |
|
907
Evertec
EVTC
$1.88B
| $17.4M | 0.01% |
511,523
-13,391
| -3% | -$424K |
|
|
COHR
908
DELISTED
Coherent Inc
COHR
| $17.4M | 0.01% |
104,544
+527
| +0.5% | +$81.6K |
|
909
Murphy Oil
MUR
$5.7B
| $17.4M | 0.01% |
648,816
-22,272
| -3% | -$511K |
|
910
Jacobs Solutions
J
$15.9B
| $17.3M | 0.01% |
233,407
-11,290
| -5% | -$854K |
|
911
National Fuel Gas
NFG
$7.82B
| $17.3M | 0.01% |
372,565
-3,163
| -0.8% | -$144K |
|
912
Western Union
WU
$1.98B
| $17.3M | 0.01% |
646,733
-9,109
| -1% | -$236K |
|
913
ICF International
ICFI
$1.46B
| $17.3M | 0.01% |
188,961
-56,710
| -23% | -$4.88M |
|
|
IAA
914
DELISTED
IAA, Inc. Common Stock
IAA
| $17.3M | 0.01% |
367,506
-148,462
| -29% | -$6.25M |
|
915
Howmet Aerospace
HWM
$113B
| $17.3M | 0.01% |
732,978
-10,559
| -1% | -$236K |
|
916
Capri Holdings
CPRI
$1.83B
| $17.2M | 0.01% |
452,080
-165,021
| -27% | -$5.7M |
|
917
Blackbaud
BLKB
$1.94B
| $17.2M | 0.01% |
216,115
-1,163
| -0.5% | -$97.4K |
|
918
J.M. Smucker
SJM
$12.7B
| $17.2M | 0.01% |
164,927
-5,729
| -3% | -$606K |
|
919
LPL Financial
LPLA
$28.3B
| $17.2M | 0.01% |
186,116
-68,310
| -27% | -$5.86M |
|
920
lululemon athletica
LULU
$13.5B
| $17.2M | 0.01% |
74,072
-76,658
| -51% | -$16.3M |
|
921
Lincoln National
LNC
$8.73B
| $17.1M | 0.01% |
290,612
-12,369
| -4% | -$728K |
|
922
MSC Industrial Direct
MSM
$6.89B
| $17.1M | 0.01% |
217,941
-1,422
| -0.6% | -$105K |
|
|
MANT
923
DELISTED
Mantech International Corp
MANT
| $17.1M | 0.01% |
214,056
-1,946
| -0.9% | -$146K |
|
924
Transocean
RIG
$5.89B
| $17.1M | 0.01% |
2,480,177
+33,785
| +1% | +$174K |
|
925
Quaker Houghton
KWR
$2.76B
| $17M | 0.01% |
103,559
-7,086
| -6% | -$1.1M |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.