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 |
Sherwin-Williams
SHW
|
+$115M |
| 2 |
SFR
Starwood Waypoint Homes
SFR
|
+$92.6M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$78.1M |
| 4 |
Charter Communications
CHTR
|
+$76.9M |
| 5 |
DHC
Diversified Healthcare Trust
DHC
|
+$69.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equity Residential
EQR
|
+$137M |
| 2 |
Entergy
ETR
|
+$109M |
| 3 |
QVCGA
QVC Group Inc Series A
QVCGA
|
+$102M |
| 4 |
PayPal
PYPL
|
+$90.5M |
| 5 |
Kimco Realty
KIM
|
+$75.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.8% |
| 2 | Financials | 16.34% |
| 3 | Technology | 11.84% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Healthcare | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
PRA Group
PRAA
$672M
| $11.9M | 0.02% |
343,889
+17,879
| +5% | +$527K |
|
1002
Strategy Inc
MSTR
$34.1B
| $11.9M | 0.02% |
709,100
+24,860
| +4% | +$428K |
|
1003
Northwest Bancshares
NWBI
$2.33B
| $11.9M | 0.02% |
754,725
+25,119
| +3% | +$382K |
|
|
CVG
1004
DELISTED
Convergys
CVG
| $11.8M | 0.02% |
388,083
+19,397
| +5% | +$550K |
|
|
PEI
1005
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $11.8M | 0.02% |
34,143
+1,552
| +5% | +$555K |
|
|
DO
1006
DELISTED
Diamond Offshore Drilling
DO
| $11.8M | 0.02% |
668,556
-555,200
| -45% | -$11.1M |
|
1007
Westlake Corp
WLK
$9.26B
| $11.7M | 0.02% |
219,432
+30,005
| +16% | +$1.45M |
|
|
CHUBK
1008
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $11.7M | 0.02% |
+737,576
| New | +$10.4M |
|
|
FMBI
1009
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $11.7M | 0.02% |
606,080
+23,031
| +4% | +$436K |
|
1010
Franklin Electric
FELE
$4.66B
| $11.7M | 0.02% |
288,036
+8,053
| +3% | +$305K |
|
|
ETFC
1011
DELISTED
E*Trade Financial Corporation
ETFC
| $11.7M | 0.02% |
401,860
-6,399
| -2% | -$165K |
|
|
TIF
1012
DELISTED
Tiffany & Co.
TIF
| $11.7M | 0.02% |
161,025
+424
| +0.3% | +$28.3K |
|
1013
Plexus
PLXS
$6.43B
| $11.7M | 0.02% |
249,596
+7,530
| +3% | +$345K |
|
|
FNGN
1014
DELISTED
Financial Engines, Inc.
FNGN
| $11.6M | 0.02% |
391,665
+19,553
| +5% | +$568K |
|
1015
Insteel Industries
IIIN
$592M
| $11.6M | 0.02% |
319,448
+23,160
| +8% | +$781K |
|
|
AEL
1016
DELISTED
American Equity Investment Life Holding Company
AEL
| $11.6M | 0.02% |
652,430
+57,188
| +10% | +$944K |
|
|
ISIL
1017
DELISTED
Intersil Corp
ISIL
| $11.6M | 0.02% |
526,785
+22,981
| +5% | +$398K |
|
|
SGI
1018
Somnigroup International
SGI
$14.4B
| $11.5M | 0.02% |
813,256
-110,964
| -12% | -$1.98M |
|
|
BBU
1019
DELISTED
Brookfield Business Partners
BBU
| $11.5M | 0.02% |
679,662
-9,064
| -1% | -$127K |
|
1020
SiteOne Landscape Supply
SITE
$4.16B
| $11.5M | 0.02% |
319,893
+18,655
| +6% | +$705K |
|
1021
Belden
BDC
$3.97B
| $11.5M | 0.02% |
166,477
+6,893
| +4% | +$479K |
|
|
MRT
1022
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $11.5M | 0.02% |
+976,623
| New | +$11.4M |
|
1023
Sprouts Farmers Market
SFM
$7.44B
| $11.5M | 0.02% |
555,631
+14,560
| +3% | +$323K |
|
1024
BorgWarner
BWA
$12.8B
| $11.5M | 0.02% |
369,936
-8,876
| -2% | -$262K |
|
1025
Associated Banc-Corp
ASB
$5.8B
| $11.4M | 0.02% |
583,952
+17,783
| +3% | +$336K |
|
Similar funds
Principal Financial Group's Q3 2016 Portfolio in Review
As of Q3 2016, Principal Financial Group held 2,256 positions worth $76B, up 6.1% from $71.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q3 2016 filing shows 95 new, 1,559 increased, 450 reduced and 92 closed positions. Its largest new stake was IHS Markit Ltd. Common Shares: 1,179,114 shares worth $44.3M. The largest sale was Equity Residential, an estimated $137M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2016 buy was IHS Markit Ltd. Common Shares: 1,179,114 shares worth $44.3M.
- Principal Financial Group added most to Sherwin-Williams in Q3 2016, an estimated $115M increase.
- Principal Financial Group's biggest Q3 2016 reduction was Equity Residential, cutting an estimated $137M.
- Principal Financial Group fully exited EMC CORPORATION in Q3 2016, selling an estimated $74.2M.
- Principal Financial Group's ten largest holdings make up 10% of its $76B portfolio in Q3 2016.
- Principal Financial Group opened 95 new positions and closed 92 in Q3 2016.
- Principal Financial Group's portfolio value rose 6.1% quarter-over-quarter to $76B.
Based on Principal Financial Group's 13F filing for Q3 2016, filed 10 Nov 2016.