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 |
Linde
LIN
|
+$219M |
| 2 |
TCO
Taubman Centers Inc.
TCO
|
+$96.5M |
| 3 |
WIX.com
WIX
|
+$96.5M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$84.9M |
| 5 |
American Homes 4 Rent
AMH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ross Stores
ROST
|
+$250M |
| 2 |
Simon Property Group
SPG
|
+$202M |
| 3 |
PX
Praxair Inc
PX
|
+$171M |
| 4 |
Alibaba
BABA
|
+$160M |
| 5 |
O'Reilly Automotive
ORLY
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.05% |
| 3 | Technology | 13.99% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Healthcare | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Graphic Packaging
GPK
$3.17B
| $12.6M | 0.01% |
1,181,561
-14,335
| -1% | -$168K |
|
|
LTXB
1027
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $12.6M | 0.01% |
391,485
+911
| +0.2% | +$34.8K |
|
1028
Eagle Bancorp
EGBN
$846M
| $12.5M | 0.01% |
256,559
+249,038
| +3,311% | +$12.7M |
|
1029
LPL Financial
LPLA
$28.3B
| $12.5M | 0.01% |
204,590
+191,292
| +1,439% | +$11.7M |
|
|
CUB
1030
DELISTED
Cubic Corporation
CUB
| $12.5M | 0.01% |
231,916
+26,166
| +13% | +$1.65M |
|
1031
LiveRamp
RAMP
$2.3B
| $12.4M | 0.01% |
321,973
-24,981
| -7% | -$1.13M |
|
|
DISCK
1032
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $12.4M | 0.01% |
538,509
-190
| -0% | -$5.29K |
|
|
CALY
1033
Callaway Golf Company
CALY
$3.32B
| $12.4M | 0.01% |
811,891
+19,053
| +2% | +$381K |
|
1034
Axos Financial
AX
$5.77B
| $12.4M | 0.01% |
493,080
-16,074
| -3% | -$485K |
|
|
SEE
1035
DELISTED
Sealed Air
SEE
| $12.4M | 0.01% |
355,961
-48,907
| -12% | -$1.71M |
|
|
NSA
1036
DELISTED
National Storage Affiliates Trust
NSA
| $12.4M | 0.01% |
468,349
+2,548
| +0.5% | +$68.2K |
|
1037
Las Vegas Sands
LVS
$31.7B
| $12.4M | 0.01% |
237,707
-97,189
| -29% | -$5.27M |
|
|
NTRI
1038
DELISTED
NutriSystem, Inc.
NTRI
| $12.4M | 0.01% |
281,921
+4,700
| +2% | +$178K |
|
1039
JB Hunt Transport Services
JBHT
$25.5B
| $12.3M | 0.01% |
132,608
-3,302
| -2% | -$350K |
|
|
SFBS
1040
ServisFirst Bancshares
SFBS
$4.89B
| $12.3M | 0.01% |
386,621
-2,023
| -0.5% | -$72.8K |
|
|
AAT
1041
American Assets Trust
AAT
$1.45B
| $12.3M | 0.01% |
306,702
-4,019
| -1% | -$157K |
|
1042
SolarEdge
SEDG
$2.51B
| $12.3M | 0.01% |
351,007
+4,849
| +1% | +$186K |
|
|
DHC
1043
Diversified Healthcare Trust
DHC
$2.15B
| $12.3M | 0.01% |
1,050,835
-11,232
| -1% | -$167K |
|
|
NLSN
1044
DELISTED
Nielsen Holdings plc
NLSN
| $12.3M | 0.01% |
525,271
-9,136
| -2% | -$237K |
|
1045
Provident Financial Services
PFS
$3.22B
| $12.2M | 0.01% |
507,656
+11,270
| +2% | +$273K |
|
1046
Corcept Therapeutics
CORT
$12.4B
| $12.2M | 0.01% |
915,093
-2,976
| -0.3% | -$39.3K |
|
|
THS
1047
DELISTED
Treehouse Foods
THS
| $12.2M | 0.01% |
240,912
-9,439
| -4% | -$465K |
|
1048
Robert Half
RHI
$3.87B
| $12.2M | 0.01% |
213,378
-13,751
| -6% | -$844K |
|
1049
Graham Holdings Company
GHC
$5.1B
| $12.2M | 0.01% |
19,031
-565
| -3% | -$349K |
|
1050
Children's Place
PLCE
$54.3M
| $12.2M | 0.01% |
135,237
-12,439
| -8% | -$1.55M |
|
Similar funds
Principal Financial Group's Q4 2018 Portfolio in Review
As of Q4 2018, Principal Financial Group held 2,412 positions worth $93.8B, down 17% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group withdrew a net $4.07B in Q4 2018, closing 172 positions and reducing 1,316 holdings. Its most notable exit was Praxair Inc, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
Against the trend, Principal Financial Group opened a new position in Linde worth $216M.
- Principal Financial Group's largest Q4 2018 buy was Linde: 1,382,859 shares worth $216M.
- Principal Financial Group added most to Taubman Centers Inc. in Q4 2018, an estimated $96.5M increase.
- Principal Financial Group's biggest Q4 2018 reduction was Ross Stores, cutting an estimated $250M.
- Principal Financial Group fully exited Praxair Inc in Q4 2018, selling an estimated $171M.
- Principal Financial Group's ten largest holdings make up 11% of its $93.8B portfolio in Q4 2018.
- Principal Financial Group opened 124 new positions and closed 172 in Q4 2018.
- Principal Financial Group's portfolio value fell 17% quarter-over-quarter to $93.8B.
Based on Principal Financial Group's 13F filing for Q4 2018, filed 14 Feb 2019.