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 |
iShares Core S&P 500 ETF
IVV
|
+$746M |
| 2 |
Healthpeak Properties
DOC
|
+$375M |
| 3 |
Arthur J. Gallagher & Co
AJG
|
+$325M |
| 4 |
Equity Lifestyle Properties
ELS
|
+$266M |
| 5 |
TransDigm Group
TDG
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$566M |
| 2 |
SBA Communications
SBAC
|
+$491M |
| 3 |
Brookfield
BN
|
+$385M |
| 4 |
Alexandria Real Estate Equities
ARE
|
+$327M |
| 5 |
Sun Communities
SUI
|
+$299M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.17% |
| 2 | Financials | 16.62% |
| 3 | Real Estate | 12.83% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 10.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Franklin FTSE India ETF
FLIN
$2.68B
| $15.4M | 0.01% |
407,396
+194,345
| +91% | +$7.68M |
|
1027
Dropbox
DBX
$8.17B
| $15.4M | 0.01% |
513,891
-38,156
| -7% | -$1.05M |
|
1028
Conagra Brands
CAG
$7.18B
| $15.4M | 0.01% |
555,850
-17,939
| -3% | -$509K |
|
1029
Twilio
TWLO
$29.3B
| $15.4M | 0.01% |
142,602
+130,959
| +1,125% | +$12M |
|
1030
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.88B
| $15.4M | 0.01% |
574,402
+25,682
| +5% | +$803K |
|
1031
Sensient Technologies
SXT
$5.54B
| $15.4M | 0.01% |
215,895
+6,984
| +3% | +$538K |
|
1032
JB Hunt Transport Services
JBHT
$25.6B
| $15.4M | 0.01% |
90,092
-8,633
| -9% | -$1.54M |
|
1033
Revvity
RVTY
$12.8B
| $15.4M | 0.01% |
137,618
-4,253
| -3% | -$500K |
|
1034
StoneX
SNEX
$9.2B
| $15.3M | 0.01% |
528,255
+23,888
| +5% | +$669K |
|
1035
Helmerich & Payne
HP
$3.33B
| $15.3M | 0.01% |
478,823
+13,410
| +3% | +$455K |
|
1036
Qualys
QLYS
$6.45B
| $15.3M | 0.01% |
108,850
+1,508
| +1% | +$210K |
|
1037
iShares MSCI EAFE ETF
EFA
$79.4B
| $15.2M | 0.01% |
201,451
-134,900
| -40% | -$10.7M |
|
1038
Ryder
R
$10.2B
| $15.2M | 0.01% |
96,910
-3,254
| -3% | -$508K |
|
1039
Voya Financial
VOYA
$9.08B
| $15.2M | 0.01% |
220,811
-7,008
| -3% | -$548K |
|
1040
Walker & Dunlop
WD
$1.76B
| $15.2M | 0.01% |
156,264
+4,580
| +3% | +$496K |
|
1041
iShares Core US Aggregate Bond ETF
AGG
$138B
| $15.2M | 0.01% |
156,560
+8,857
| +6% | +$872K |
|
1042
Tidewater
TDW
$3.85B
| $15.1M | 0.01% |
276,113
+10,795
| +4% | +$614K |
|
1043
Assurant
AIZ
$14.9B
| $15.1M | 0.01% |
70,811
-1,449
| -2% | -$301K |
|
|
MRX
1044
Marex Group Limited Ordinary Shares
MRX
$4.62B
| $15.1M | 0.01% |
483,500
-37,848
| -7% | -$1.06M |
|
1045
Douglas Emmett
DEI
$1.98B
| $15.1M | 0.01% |
811,655
+22,878
| +3% | +$427K |
|
1046
Bruker
BRKR
$7.99B
| $15M | 0.01% |
256,212
-1,206
| -0.5% | -$71.3K |
|
1047
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $15M | 0.01% |
290,000
-25,000
| -8% | -$1.3M |
|
1048
Urban Edge Properties
UE
$2.78B
| $15M | 0.01% |
697,220
+46,813
| +7% | +$1.04M |
|
1049
Gentex
GNTX
$5.14B
| $15M | 0.01% |
521,566
-11,435
| -2% | -$342K |
|
1050
Universal Display
OLED
$3.95B
| $14.9M | 0.01% |
102,208
-24,520
| -19% | -$4.37M |
|
Similar funds
Principal Financial Group's Q4 2024 Portfolio in Review
As of Q4 2024, Principal Financial Group held 2,270 positions worth $183B, up 0.13% from $183B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 4.8%. Principal Financial Group opened 48 new positions and exited 62, leaving the 2,270-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2024 buy was SPDR Gold MiniShares Trust: 1,757,205 shares worth $91.4M.
- Principal Financial Group added most to iShares Core S&P 500 ETF in Q4 2024, an estimated $746M increase.
- Principal Financial Group's biggest Q4 2024 reduction was Adobe, cutting an estimated $566M.
- Principal Financial Group fully exited Portillo's in Q4 2024, selling an estimated $24.1M.
- Principal Financial Group's ten largest holdings make up 20% of its $183B portfolio in Q4 2024.
- Principal Financial Group opened 48 new positions and closed 62 in Q4 2024.
- Principal Financial Group's portfolio value rose 0.13% quarter-over-quarter to $183B.
Based on Principal Financial Group's 13F filing for Q4 2024, filed 31 Jan 2025.