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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$773M |
| 2 |
Invitation Homes
INVH
|
+$303M |
| 3 |
Gartner
IT
|
+$245M |
| 4 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$160M |
| 5 |
GDVD
Principal Active Global Dividend Income ETF
GDVD
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SFR
Starwood Waypoint Homes
SFR
|
+$302M |
| 2 |
Fidelity National Financial
FNF
|
+$293M |
| 3 |
Crown Castle
CCI
|
+$175M |
| 4 |
DaVita
DVA
|
+$166M |
| 5 |
Wells Fargo
WFC
|
+$153M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.71% |
| 2 | Real Estate | 13.92% |
| 3 | Technology | 12.24% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Qualys
QLYS
$4.72B
| $15.2M | 0.01% |
256,583
-824
| -0.3% | -$46.3K |
|
|
KS
1002
DELISTED
KapStone Paper and Pack Corp.
KS
| $15.2M | 0.01% |
669,042
+913
| +0.1% | +$20.2K |
|
|
SEM
1003
DELISTED
Select Medical
SEM
| $15.1M | 0.01% |
1,590,386
-10,524
| -0.7% | -$101K |
|
1004
Flowers Foods
FLO
$1.62B
| $15.1M | 0.01% |
782,813
-2,715
| -0.3% | -$52.1K |
|
1005
JB Hunt Transport Services
JBHT
$25.5B
| $15.1M | 0.01% |
131,408
+8,913
| +7% | +$960K |
|
1006
Viavi Solutions
VIAV
$7.97B
| $15.1M | 0.01% |
1,726,937
-22,741
| -1% | -$206K |
|
1007
First Merchants
FRME
$2.71B
| $15M | 0.01% |
357,516
-13,558
| -4% | -$579K |
|
1008
Kaiser Aluminum
KALU
$2.54B
| $15M | 0.01% |
140,653
-224
| -0.2% | -$22.4K |
|
1009
Celanese
CE
$4.75B
| $15M | 0.01% |
139,881
+112,920
| +419% | +$12M |
|
|
MDR
1010
DELISTED
McDermott International
MDR
| $15M | 0.01% |
758,124
-10,727
| -1% | -$227K |
|
1011
Helmerich & Payne
HP
$3.34B
| $15M | 0.01% |
231,456
+41,157
| +22% | +$2.31M |
|
1012
Independent Bank
INDB
$4.09B
| $15M | 0.01% |
214,144
-6,891
| -3% | -$493K |
|
1013
LivaNova
LIVN
$4.49B
| $14.9M | 0.01% |
186,393
-312
| -0.2% | -$24.8K |
|
1014
Atlassian
TEAM
$26.4B
| $14.8M | 0.01% |
326,196
+406
| +0.1% | +$18.9K |
|
1015
Texas Roadhouse
TXRH
$13.7B
| $14.8M | 0.01% |
281,036
-94
| -0% | -$4.75K |
|
1016
New Jersey Resources
NJR
$6.05B
| $14.8M | 0.01% |
367,285
-3,560
| -1% | -$153K |
|
1017
Allegiant Air
ALGT
$2.61B
| $14.8M | 0.01% |
95,349
-724
| -0.8% | -$102K |
|
|
SFBS
1018
ServisFirst Bancshares
SFBS
$4.89B
| $14.8M | 0.01% |
355,505
-18,612
| -5% | -$756K |
|
1019
Meritage Homes
MTH
$4.81B
| $14.7M | 0.01% |
575,538
-7,852
| -1% | -$195K |
|
1020
Brady Corp
BRC
$4.52B
| $14.7M | 0.01% |
388,566
+4,240
| +1% | +$163K |
|
|
TECD
1021
DELISTED
Tech Data Corp
TECD
| $14.7M | 0.01% |
150,002
-12,876
| -8% | -$1.21M |
|
1022
Norwegian Cruise Line
NCLH
$9.53B
| $14.7M | 0.01% |
275,849
+244,421
| +778% | +$13.5M |
|
1023
Banner Corp
BANR
$2.39B
| $14.7M | 0.01% |
265,900
+11,643
| +5% | +$675K |
|
1024
Tractor Supply
TSCO
$16.3B
| $14.6M | 0.01% |
978,545
+15,820
| +2% | +$203K |
|
1025
KB Home
KBH
$3.5B
| $14.6M | 0.01% |
456,997
+92,849
| +25% | +$2.67M |
|
Similar funds
Principal Financial Group's Q4 2017 Portfolio in Review
As of Q4 2017, Principal Financial Group held 2,336 positions worth $109B, up 5.3% from $103B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Principal Financial Group's Q4 2017 filing shows 133 new, 951 increased, 1,116 reduced and 97 closed positions. Its largest new stake was Principal Exchange-Traded Funds Principal US Mega-Cap ETF: 30,300,000 shares worth $791M. The largest sale was Starwood Waypoint Homes, an estimated $302M.
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 Q4 2017 buy was Principal Exchange-Traded Funds Principal US Mega-Cap ETF: 30,300,000 shares worth $791M.
- Principal Financial Group added most to Invitation Homes in Q4 2017, an estimated $303M increase.
- Principal Financial Group's biggest Q4 2017 reduction was Fidelity National Financial, cutting an estimated $293M.
- Principal Financial Group fully exited Starwood Waypoint Homes in Q4 2017, selling an estimated $302M.
- Principal Financial Group's ten largest holdings make up 9.7% of its $109B portfolio in Q4 2017.
- Principal Financial Group opened 133 new positions and closed 97 in Q4 2017.
- Principal Financial Group's portfolio value rose 5.3% quarter-over-quarter to $109B.
Based on Principal Financial Group's 13F filing for Q4 2017, filed 13 Feb 2018.