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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HOUS
901
DELISTED
Anywhere Real Estate
HOUS
| $13.2M | 0.01% |
1,396,768
+217,856
| +18% | +$2.09M |
|
902
Sanmina
SANM
$11B
| $13.1M | 0.01% |
485,419
-24,737
| -5% | -$673K |
|
903
Rogers Corp
ROG
$2.39B
| $13.1M | 0.01% |
133,580
-8,095
| -6% | -$952K |
|
904
Ameris Bancorp
ABCB
$5.93B
| $13.1M | 0.01% |
573,991
+45,475
| +9% | +$1.07M |
|
|
DEA
905
Easterly Government Properties
DEA
$1.18B
| $13.1M | 0.01% |
233,128
+3,424
| +1% | +$202K |
|
906
Mercury Systems
MRCY
$6.54B
| $13M | 0.01% |
168,329
-5,238
| -3% | -$397K |
|
|
CUB
907
DELISTED
Cubic Corporation
CUB
| $13M | 0.01% |
224,092
-9,680
| -4% | -$455K |
|
908
Silicon Laboratories
SLAB
$7.22B
| $13M | 0.01% |
133,200
-4,481
| -3% | -$451K |
|
909
PRA Group
PRAA
$691M
| $13M | 0.01% |
326,020
-14,122
| -4% | -$587K |
|
|
FLOW
910
DELISTED
SPX FLOW, Inc.
FLOW
| $13M | 0.01% |
303,468
-15,067
| -5% | -$628K |
|
911
BrightView Holdings
BV
$1.02B
| $13M | 0.01% |
1,137,968
+4,484
| +0.4% | +$53.8K |
|
912
Maximus
MMS
$3.06B
| $13M | 0.01% |
189,333
-7,964
| -4% | -$586K |
|
|
CALY
913
Callaway Golf Company
CALY
$3.09B
| $12.9M | 0.01% |
674,500
-40,001
| -6% | -$752K |
|
914
The Mosaic Company
MOS
$7.46B
| $12.9M | 0.01% |
704,204
-133,930
| -16% | -$2.18M |
|
915
Medpace
MEDP
$16.3B
| $12.8M | 0.01% |
114,785
-107,642
| -48% | -$12.4M |
|
916
Macy's
M
$6.62B
| $12.8M | 0.01% |
2,248,931
-114,697
| -5% | -$765K |
|
917
Boise Cascade
BCC
$2.94B
| $12.8M | 0.01% |
320,277
+5,503
| +2% | +$239K |
|
918
HealthEquity
HQY
$8.65B
| $12.8M | 0.01% |
248,567
+7,988
| +3% | +$439K |
|
919
Forward Air
FWRD
$562M
| $12.8M | 0.01% |
222,237
-3,051
| -1% | -$167K |
|
|
SEE
920
DELISTED
Sealed Air
SEE
| $12.8M | 0.01% |
328,519
-29,246
| -8% | -$1.11M |
|
921
Coherent
COHR
$65.5B
| $12.7M | 0.01% |
314,094
+38,033
| +14% | +$1.68M |
|
922
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
$3.68B
| $12.7M | 0.01% |
386,567
+81,909
| +27% | +$2.64M |
|
923
MGM Resorts International
MGM
$11.4B
| $12.7M | 0.01% |
582,925
-154,890
| -21% | -$3.07M |
|
924
Carter's
CRI
$1.48B
| $12.6M | 0.01% |
145,568
-4,257
| -3% | -$354K |
|
925
Everest Group
EG
$14.2B
| $12.6M | 0.01% |
63,627
+3,175
| +5% | +$680K |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.