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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
NiSource
NI
$21.3B
| $15.5M | 0.01% |
539,307
+1,965
| +0.4% | +$53K |
|
|
RWT
952
Redwood Trust
RWT
$574M
| $15.5M | 0.01% |
956,726
+101,071
| +12% | +$1.6M |
|
953
LXP Industrial Trust
LXP
$3.57B
| $15.4M | 0.01% |
340,800
-6,565
| -2% | -$299K |
|
954
Valvoline
VVV
$4.9B
| $15.4M | 0.01% |
831,790
+6,227
| +0.8% | +$123K |
|
|
HF
955
DELISTED
HFF Inc.
HF
| $15.4M | 0.01% |
323,273
+4,181
| +1% | +$178K |
|
|
COHR
956
DELISTED
Coherent Inc
COHR
| $15.4M | 0.01% |
108,347
+75
| +0.1% | +$9.49K |
|
957
Federated Hermes
FHI
$4.55B
| $15.4M | 0.01% |
523,838
+2,424
| +0.5% | +$67.3K |
|
958
NOV
NOV
$6.93B
| $15.3M | 0.01% |
575,621
+207
| +0% | +$5.87K |
|
|
GWB
959
DELISTED
Great Western Bancorp, Inc.
GWB
| $15.3M | 0.01% |
485,448
-17,582
| -3% | -$610K |
|
960
Hancock Whitney
HWC
$6.2B
| $15.3M | 0.01% |
378,211
-388
| -0.1% | -$15.9K |
|
|
SIX
961
DELISTED
Six Flags Entertainment Corp.
SIX
| $15.2M | 0.01% |
309,007
-7,905
| -2% | -$447K |
|
962
Northwest Natural Holdings
NWN
$2.06B
| $15.2M | 0.01% |
232,203
-1,970
| -0.8% | -$123K |
|
963
G-III Apparel Group
GIII
$1.54B
| $15.2M | 0.01% |
381,188
-8,208
| -2% | -$285K |
|
964
FNB Corp
FNB
$6.73B
| $15.2M | 0.01% |
1,436,914
+11,505
| +0.8% | +$132K |
|
965
Plexus
PLXS
$6.72B
| $15.2M | 0.01% |
249,619
-7,040
| -3% | -$406K |
|
966
Stepan Co
SCL
$1.46B
| $15.2M | 0.01% |
173,193
-1,721
| -1% | -$149K |
|
967
Banner Corp
BANR
$2.39B
| $15.1M | 0.01% |
278,719
-8,541
| -3% | -$486K |
|
968
OneSpaWorld
OSW
$2.61B
| $15.1M | 0.01% |
+1,103,981
| New | +$14.3M |
|
|
MDCO
969
DELISTED
Medicines Co
MDCO
| $15.1M | 0.01% |
539,547
-4,736
| -0.9% | -$112K |
|
970
Federal Realty Investment Trust
FRT
$10.7B
| $15.1M | 0.01% |
109,367
-1,690
| -2% | -$221K |
|
971
Kaiser Aluminum
KALU
$2.61B
| $15.1M | 0.01% |
143,924
-2,090
| -1% | -$213K |
|
|
SEE
972
DELISTED
Sealed Air
SEE
| $15.1M | 0.01% |
327,066
-28,895
| -8% | -$1.2M |
|
973
Aaon
AAON
$7.3B
| $15M | 0.01% |
488,691
-6,164
| -1% | -$162K |
|
974
UFP Industries
UFPI
$4.9B
| $15M | 0.01% |
501,871
-11,376
| -2% | -$342K |
|
975
Nasdaq
NDAQ
$52.7B
| $15M | 0.01% |
513,552
-8,604
| -2% | -$245K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.