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 |
O'Reilly Automotive
ORLY
|
+$160M |
| 2 |
DuPont de Nemours
DD
|
+$128M |
| 3 |
Healthpeak Properties
DOC
|
+$106M |
| 4 |
Gartner
IT
|
+$94.5M |
| 5 |
Air Products & Chemicals
APD
|
+$91.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$240M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$165M |
| 3 |
JPMorgan Chase
JPM
|
+$114M |
| 4 |
Welltower
WELL
|
+$110M |
| 5 |
Willis Towers Watson
WTW
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Real Estate | 14.57% |
| 3 | Technology | 11.95% |
| 4 | Consumer Discretionary | 10.63% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Kennametal
KMT
$2.63B
| $14.2M | 0.01% |
351,741
+3,485
| +1% | +$129K |
|
1027
Federal Realty Investment Trust
FRT
$10.9B
| $14.2M | 0.01% |
114,007
-4,371
| -4% | -$562K |
|
1028
Avient
AVNT
$3.3B
| $14.1M | 0.01% |
353,156
+329
| +0.1% | +$12.3K |
|
1029
Howmet Aerospace
HWM
$112B
| $14.1M | 0.01% |
740,334
-131,348
| -15% | -$2.51M |
|
|
BBU
1030
DELISTED
Brookfield Business Partners
BBU
| $14M | 0.01% |
733,196
-72,697
| -9% | -$1.36M |
|
|
HBI
1031
DELISTED
Hanesbrands
HBI
| $14M | 0.01% |
566,196
-11,308
| -2% | -$271K |
|
1032
LendingTree
TREE
$555M
| $13.9M | 0.01% |
57,007
+1,595
| +3% | +$344K |
|
1033
Forward Air
FWRD
$454M
| $13.9M | 0.01% |
243,151
+274
| +0.1% | +$14.5K |
|
1034
UMB Financial
UMBF
$11.1B
| $13.9M | 0.01% |
186,185
-1,213
| -0.6% | -$84.9K |
|
|
LNCE
1035
DELISTED
Snyders-Lance, Inc.
LNCE
| $13.8M | 0.01% |
362,616
+387
| +0.1% | +$14K |
|
|
LTXB
1036
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $13.8M | 0.01% |
346,219
+2,308
| +0.7% | +$86.9K |
|
1037
Texas Roadhouse
TXRH
$13.7B
| $13.8M | 0.01% |
281,130
+3,846
| +1% | +$187K |
|
|
SAFM
1038
DELISTED
Sanderson Farms Inc
SAFM
| $13.8M | 0.01% |
85,442
-70,296
| -45% | -$9.75M |
|
|
PF
1039
DELISTED
Pinnacle Foods, Inc.
PF
| $13.8M | 0.01% |
240,631
-35,798
| -13% | -$2.12M |
|
1040
Northwest Bancshares
NWBI
$2.32B
| $13.6M | 0.01% |
789,621
+2,264
| +0.3% | +$35.9K |
|
|
GOV
1041
DELISTED
Government Properties Income Trust
GOV
| $13.6M | 0.01% |
725,441
-5,071
| -0.7% | -$92.4K |
|
1042
JB Hunt Transport Services
JBHT
$25.3B
| $13.6M | 0.01% |
122,495
-4,363
| -3% | -$422K |
|
|
JBGS
1043
JBG SMITH
JBGS
$859M
| $13.6M | 0.01% |
+396,352
| New | +$13.4M |
|
1044
Globe Life
GL
$13.9B
| $13.5M | 0.01% |
169,073
-6,227
| -4% | -$485K |
|
1045
Qorvo
QRVO
$8B
| $13.5M | 0.01% |
191,523
-6,544
| -3% | -$456K |
|
1046
Western Union
WU
$2.61B
| $13.5M | 0.01% |
704,774
-93,127
| -12% | -$1.78M |
|
|
AKS
1047
DELISTED
AK Steel Holding Corp
AKS
| $13.5M | 0.01% |
2,420,420
-33,502
| -1% | -$192K |
|
1048
CoreCivic
CXW
$3.02B
| $13.5M | 0.01% |
504,208
+2,820
| +0.6% | +$75K |
|
1049
Nasdaq
NDAQ
$53.6B
| $13.5M | 0.01% |
520,791
-2,454
| -0.5% | -$61K |
|
|
NTRI
1050
DELISTED
NutriSystem, Inc.
NTRI
| $13.4M | 0.01% |
240,061
-1,622
| -0.7% | -$87.8K |
|
Similar funds
Principal Financial Group's Q3 2017 Portfolio in Review
As of Q3 2017, Principal Financial Group held 2,305 positions worth $103B, up 3.3% from $99.8B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Principal Financial Group's Q3 2017 filing shows 56 new, 739 increased, 1,351 reduced and 102 closed positions. Its largest new stake was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M. The largest sale was AutoZone, an estimated $240M.
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 Q3 2017 buy was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M.
- Principal Financial Group added most to O'Reilly Automotive in Q3 2017, an estimated $160M increase.
- Principal Financial Group's biggest Q3 2017 reduction was AutoZone, cutting an estimated $240M.
- Principal Financial Group fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $165M.
- Principal Financial Group's ten largest holdings make up 9.5% of its $103B portfolio in Q3 2017.
- Principal Financial Group opened 56 new positions and closed 102 in Q3 2017.
- Principal Financial Group's portfolio value rose 3.3% quarter-over-quarter to $103B.
Based on Principal Financial Group's 13F filing for Q3 2017, filed 2 Nov 2017.