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 |
O'Reilly Automotive
ORLY
|
+$160M |
| 2 |
DuPont de Nemours
DD
|
+$128M |
| 3 |
Healthpeak Properties
DOC
|
+$106M |
| 4 |
Gartner
IT
|
+$94.5M |
| 5 |
Air Products & Chemicals
APD
|
+$91.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$240M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$165M |
| 3 |
JPMorgan Chase
JPM
|
+$114M |
| 4 |
Welltower
WELL
|
+$110M |
| 5 |
Willis Towers Watson
WTW
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Real Estate | 14.57% |
| 3 | Technology | 11.95% |
| 4 | Consumer Discretionary | 10.63% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Sabre
SABR
$731M
| $15.9M | 0.02% |
877,725
-4,547
| -0.5% | -$88.2K |
|
952
First Solar
FSLR
$21.6B
| $15.9M | 0.02% |
346,233
+15,165
| +5% | +$703K |
|
953
Rayonier
RYN
$6.62B
| $15.9M | 0.02% |
605,048
+2,549
| +0.4% | +$66.3K |
|
954
MGIC Investment
MTG
$6.53B
| $15.8M | 0.02% |
1,264,676
-48,729
| -4% | -$567K |
|
955
Affiliated Managers Group
AMG
$9.64B
| $15.8M | 0.02% |
83,340
-1,555
| -2% | -$277K |
|
956
Matthews International
MATW
$895M
| $15.8M | 0.02% |
254,115
-3,104
| -1% | -$194K |
|
957
Primerica
PRI
$10.1B
| $15.8M | 0.02% |
193,974
-2,085
| -1% | -$163K |
|
958
Fortune Brands Innovations
FBIN
$5.86B
| $15.8M | 0.02% |
275,127
-11,398
| -4% | -$631K |
|
|
TCF
959
DELISTED
TCF Financial Corporation Common Stock
TCF
| $15.7M | 0.02% |
300,718
+1,201
| +0.4% | +$57.3K |
|
960
Black Hills Corp
BKH
$5.69B
| $15.7M | 0.02% |
228,168
+865
| +0.4% | +$60.1K |
|
961
ResMed
RMD
$31B
| $15.7M | 0.02% |
203,867
-399,145
| -66% | -$30.5M |
|
962
Plexus
PLXS
$6.47B
| $15.7M | 0.02% |
279,245
-3,486
| -1% | -$183K |
|
963
Lumen
LUMN
$6.35B
| $15.7M | 0.02% |
828,489
-22,353
| -3% | -$471K |
|
964
Associated Banc-Corp
ASB
$5.82B
| $15.6M | 0.02% |
645,320
-1,101
| -0.2% | -$25.6K |
|
965
New Jersey Resources
NJR
$6.07B
| $15.6M | 0.02% |
370,845
+5,726
| +2% | +$242K |
|
966
UDR
UDR
$12.7B
| $15.6M | 0.02% |
410,303
-10,448
| -2% | -$405K |
|
967
Silicon Laboratories
SLAB
$7.17B
| $15.6M | 0.02% |
195,177
-1,248
| -0.6% | -$92.9K |
|
|
HA
968
DELISTED
Hawaiian Holdings, Inc.
HA
| $15.6M | 0.02% |
415,261
-5,823
| -1% | -$247K |
|
969
Banner Corp
BANR
$2.38B
| $15.6M | 0.02% |
254,257
+50,191
| +25% | +$2.84M |
|
970
Timken Company
TKR
$9.39B
| $15.5M | 0.02% |
318,621
-201,276
| -39% | -$9.28M |
|
|
MNK
971
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $15.5M | 0.02% |
413,881
+258,946
| +167% | +$10.3M |
|
972
Cracker Barrel
CBRL
$1.23B
| $15.5M | 0.02% |
101,969
+448
| +0.4% | +$68.5K |
|
973
Hawaiian Electric Industries
HE
$2.27B
| $15.4M | 0.02% |
462,963
+2,983
| +0.6% | +$98.7K |
|
|
SF
974
Stifel
SF
$12.7B
| $15.4M | 0.02% |
649,334
+1,179
| +0.2% | +$25.5K |
|
|
ARGO
975
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $15.4M | 0.01% |
288,158
-384
| -0.1% | -$20.1K |
|
Similar funds
Principal Financial Group's Q3 2017 Portfolio in Review
As of Q3 2017, Principal Financial Group held 2,305 positions worth $103B, up 3.3% from $99.8B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Principal Financial Group's Q3 2017 filing shows 56 new, 739 increased, 1,351 reduced and 102 closed positions. Its largest new stake was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M. The largest sale was AutoZone, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q3 2017 buy was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M.
- Principal Financial Group added most to O'Reilly Automotive in Q3 2017, an estimated $160M increase.
- Principal Financial Group's biggest Q3 2017 reduction was AutoZone, cutting an estimated $240M.
- Principal Financial Group fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $165M.
- Principal Financial Group's ten largest holdings make up 9.5% of its $103B portfolio in Q3 2017.
- Principal Financial Group opened 56 new positions and closed 102 in Q3 2017.
- Principal Financial Group's portfolio value rose 3.3% quarter-over-quarter to $103B.
Based on Principal Financial Group's 13F filing for Q3 2017, filed 2 Nov 2017.