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 | |
|---|---|---|---|---|---|---|
|
TPC
1001
Tutor Perini Cor
TPC
$4.41B
| $14.4M | 0.01% |
841,596
+20,262
| +2% | +$355K |
|
1002
Churchill Downs
CHDN
$5.88B
| $14.3M | 0.01% |
317,016
+972
| +0.3% | +$43.4K |
|
1003
Mueller Industries
MLI
$14.7B
| $14.3M | 0.01% |
1,820,096
-91,160
| -5% | -$671K |
|
1004
Allegiant Air
ALGT
$2.64B
| $14.2M | 0.01% |
109,756
-319
| -0.3% | -$40.6K |
|
1005
ATI
ATI
$25.6B
| $14.1M | 0.01% |
552,999
+1,398
| +0.3% | +$36.8K |
|
|
ENDP
1006
DELISTED
Endo International plc
ENDP
| $14.1M | 0.01% |
1,756,276
-26,691
| -1% | -$251K |
|
1007
Axos Financial
AX
$5.77B
| $14.1M | 0.01% |
486,820
-6,260
| -1% | -$188K |
|
1008
Crocs
CROX
$6.14B
| $14.1M | 0.01% |
546,924
-6,511
| -1% | -$178K |
|
1009
Valley National Bancorp
VLY
$7.9B
| $14.1M | 0.01% |
1,469,111
+14,957
| +1% | +$152K |
|
|
CHK
1010
DELISTED
Chesapeake Energy Corporation
CHK
| $14.1M | 0.01% |
22,687
+2,612
| +13% | +$1.46M |
|
|
CHX
1011
DELISTED
ChampionX
CHX
| $14.1M | 0.01% |
342,187
+9,450
| +3% | +$349K |
|
1012
TechnipFMC
FTI
$28.1B
| $14M | 0.01% |
801,263
-8,375
| -1% | -$142K |
|
|
AAT
1013
American Assets Trust
AAT
$1.45B
| $14M | 0.01% |
304,244
-2,458
| -0.8% | -$106K |
|
1014
PVH
PVH
$4B
| $13.9M | 0.01% |
114,340
-3,161
| -3% | -$346K |
|
1015
Saia
SAIA
$9.27B
| $13.9M | 0.01% |
228,066
-291
| -0.1% | -$18K |
|
|
CORE
1016
DELISTED
Core Mark Holding Co., Inc.
CORE
| $13.9M | 0.01% |
374,860
-4,938
| -1% | -$155K |
|
1017
Henry Schein
HSIC
$9.77B
| $13.9M | 0.01% |
230,909
-63,973
| -22% | -$3.86M |
|
|
WUBA
1018
DELISTED
58.com Inc
WUBA
| $13.9M | 0.01% |
+210,994
| New | +$13.3M |
|
|
UFS
1019
DELISTED
DOMTAR CORPORATION (New)
UFS
| $13.8M | 0.01% |
278,761
+7,479
| +3% | +$356K |
|
1020
First Merchants
FRME
$2.68B
| $13.8M | 0.01% |
375,323
+5,052
| +1% | +$194K |
|
|
SWN
1021
DELISTED
Southwestern Energy Company
SWN
| $13.8M | 0.01% |
2,948,037
-178,607
| -6% | -$772K |
|
|
JNPR
1022
DELISTED
Juniper Networks
JNPR
| $13.8M | 0.01% |
520,941
-980
| -0.2% | -$26.4K |
|
1023
Autohome
ATHM
$2.67B
| $13.8M | 0.01% |
131,091
+115,587
| +746% | +$9.52M |
|
1024
ProPetro Holding
PUMP
$1.36B
| $13.8M | 0.01% |
610,910
-1,166
| -0.2% | -$20.9K |
|
1025
LivePerson
LPSN
$21.8M
| $13.7M | 0.01% |
31,512
-66
| -0.2% | -$24.7K |
|
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.