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 |
GDVD
Principal Active Global Dividend Income ETF
GDVD
|
+$429M |
| 2 |
Apple
AAPL
|
+$316M |
| 3 |
Fidelity National Financial
FNF
|
+$290M |
| 4 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$271M |
| 5 |
Principal Active High Yield ETF
YLD
|
+$270M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$278M |
| 2 |
GGP
GGP Inc.
GGP
|
+$131M |
| 3 |
Morgan Stanley
MS
|
+$103M |
| 4 |
EDR
Education Realty Trust Inc
EDR
|
+$68.6M |
| 5 |
Amgen
AMGN
|
+$68.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Real Estate | 14.58% |
| 3 | Technology | 11.65% |
| 4 | Consumer Discretionary | 10.38% |
| 5 | Industrials | 9.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MBFI
1026
DELISTED
MB Financial Corp
MBFI
| $13.5M | 0.01% |
306,278
-23,906
| -7% | -$1.02M |
|
1027
Cboe Global Markets
CBOE
$31.1B
| $13.5M | 0.01% |
147,356
+5,638
| +4% | +$481K |
|
1028
NETSCOUT
NTCT
$2.89B
| $13.4M | 0.01% |
390,283
+19,775
| +5% | +$715K |
|
1029
Silicon Laboratories
SLAB
$7.17B
| $13.4M | 0.01% |
196,425
+23,011
| +13% | +$1.66M |
|
1030
Flowers Foods
FLO
$1.6B
| $13.4M | 0.01% |
775,084
+21,176
| +3% | +$398K |
|
1031
Globe Life
GL
$13.9B
| $13.4M | 0.01% |
175,300
-2,740
| -2% | -$208K |
|
1032
First Financial Bancorp
FFBC
$3.55B
| $13.4M | 0.01% |
484,034
+166
| +0% | +$4.46K |
|
|
GOV
1033
DELISTED
Government Properties Income Trust
GOV
| $13.4M | 0.01% |
730,512
+189,800
| +35% | +$4.13M |
|
|
HBI
1034
DELISTED
Hanesbrands
HBI
| $13.4M | 0.01% |
577,504
-10,399
| -2% | -$224K |
|
|
CIO
1035
DELISTED
City Office REIT
CIO
| $13.4M | 0.01% |
1,052,036
+64,100
| +6% | +$798K |
|
1036
Valley National Bancorp
VLY
$8.01B
| $13.4M | 0.01% |
1,131,073
+48,620
| +4% | +$569K |
|
1037
F5
FFIV
$22.8B
| $13.3M | 0.01% |
104,997
-13,081
| -11% | -$1.71M |
|
1038
Acuity Brands
AYI
$10.3B
| $13.3M | 0.01% |
65,568
-2,435
| -4% | -$430K |
|
1039
Home BancShares
HOMB
$6.31B
| $13.3M | 0.01% |
535,124
-443,352
| -45% | -$11M |
|
1040
Plains GP Holdings
PAGP
$5.2B
| $13.3M | 0.01% |
507,668
+143,928
| +40% | +$4.02M |
|
1041
Green Dot
GDOT
$758M
| $13.3M | 0.01% |
344,170
-3,534
| -1% | -$128K |
|
1042
Northwest Natural Holdings
NWN
$2.18B
| $13.3M | 0.01% |
221,409
-6,114
| -3% | -$370K |
|
1043
Coty
COTY
$2.45B
| $13.2M | 0.01% |
706,247
-2,593
| -0.4% | -$48K |
|
|
SF
1044
Stifel
SF
$12.8B
| $13.2M | 0.01% |
648,155
+15,977
| +3% | +$328K |
|
1045
First Solar
FSLR
$21.8B
| $13.2M | 0.01% |
331,068
+16,082
| +5% | +$547K |
|
1046
Simmons First National
SFNC
$3.39B
| $13.2M | 0.01% |
498,274
+27,322
| +6% | +$722K |
|
1047
Brady Corp
BRC
$4.6B
| $13.2M | 0.01% |
388,781
+174
| +0% | +$6.47K |
|
1048
Saic
SAIC
$5.14B
| $13.2M | 0.01% |
189,498
-5,490
| -3% | -$403K |
|
|
TGNA
1049
DELISTED
TEGNA Inc
TGNA
| $13.2M | 0.01% |
912,892
+389,226
| +74% | +$5.98M |
|
1050
Akamai
AKAM
$16.3B
| $13.1M | 0.01% |
263,927
-12,454
| -5% | -$657K |
|
Similar funds
Principal Financial Group's Q2 2017 Portfolio in Review
As of Q2 2017, Principal Financial Group held 2,363 positions worth $99.8B, up 20% from $83.1B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Principal Financial Group deployed $14.1B of net new capital in Q2 2017, opening 156 new positions and adding to 1,472 existing holdings. Its largest new stake was Principal Active Global Dividend Income ETF: 16,800,000 shares worth $429M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
On the sell side, the largest reduction was CR Bard Inc., an estimated $278M trimmed.
- Principal Financial Group's largest Q2 2017 buy was Principal Active Global Dividend Income ETF: 16,800,000 shares worth $429M.
- Principal Financial Group added most to Apple in Q2 2017, an estimated $316M increase.
- Principal Financial Group's biggest Q2 2017 reduction was CR Bard Inc., cutting an estimated $278M.
- Principal Financial Group fully exited Yahoo Inc in Q2 2017, selling an estimated $57.5M.
- Principal Financial Group's ten largest holdings make up 9.6% of its $99.8B portfolio in Q2 2017.
- Principal Financial Group opened 156 new positions and closed 108 in Q2 2017.
- Principal Financial Group's portfolio value rose 20% quarter-over-quarter to $99.8B.
Based on Principal Financial Group's 13F filing for Q2 2017, filed 8 Aug 2017.