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 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$171M |
| 2 |
FRC
First Republic Bank
FRC
|
+$124M |
| 3 |
Equinix
EQIX
|
+$95.1M |
| 4 |
Brookfield
BN
|
+$92.9M |
| 5 |
Hilton Worldwide
HLT
|
+$88.5M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Real Estate | 14.09% |
| 3 | Technology | 13.35% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Industrials | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Qorvo
QRVO
$7.99B
| $13.8M | 0.01% |
195,188
-3,311
| -2% | -$250K |
|
1052
Horace Mann Educators
HMN
$2.1B
| $13.7M | 0.01% |
320,511
+7,601
| +2% | +$324K |
|
1053
Timken Company
TKR
$9.56B
| $13.7M | 0.01% |
299,769
+8,575
| +3% | +$413K |
|
|
EBIX
1054
DELISTED
Ebix Inc
EBIX
| $13.7M | 0.01% |
183,471
+4,734
| +3% | +$385K |
|
1055
Cable One
CABO
$227M
| $13.6M | 0.01% |
19,854
-182
| -0.9% | -$127K |
|
1056
CNX Resources
CNX
$5.3B
| $13.6M | 0.01% |
883,095
-2,317
| -0.3% | -$34.6K |
|
|
JBGS
1057
JBG SMITH
JBGS
$818M
| $13.6M | 0.01% |
403,805
+19,338
| +5% | +$641K |
|
1058
Stepan Co
SCL
$1.46B
| $13.6M | 0.01% |
163,568
+3,822
| +2% | +$303K |
|
1059
Kulicke & Soffa
KLIC
$4.67B
| $13.6M | 0.01% |
543,422
+12,216
| +2% | +$294K |
|
1060
Northwest Natural Holdings
NWN
$2.06B
| $13.6M | 0.01% |
235,679
+7,405
| +3% | +$416K |
|
1061
KB Home
KBH
$3.37B
| $13.6M | 0.01% |
477,076
+20,079
| +4% | +$625K |
|
1062
Western Union
WU
$1.98B
| $13.5M | 0.01% |
703,383
-6,097
| -0.9% | -$122K |
|
1063
Enviri
NVRI
$623M
| $13.5M | 0.01% |
654,139
+15,559
| +2% | +$299K |
|
1064
Boyd Gaming
BYD
$6.18B
| $13.5M | 0.01% |
423,636
-258,132
| -38% | -$9.23M |
|
1065
Fulton Financial
FULT
$4.66B
| $13.5M | 0.01% |
760,249
-1,070,909
| -58% | -$19.7M |
|
1066
Meritage Homes
MTH
$4.58B
| $13.5M | 0.01% |
595,588
+20,050
| +3% | +$478K |
|
1067
Integer Holdings
ITGR
$4.12B
| $13.4M | 0.01% |
237,597
+7,736
| +3% | +$390K |
|
1068
John Wiley & Sons Class A
WLY
$2.65B
| $13.4M | 0.01% |
209,860
+7,019
| +3% | +$455K |
|
1069
Urban Outfitters
URBN
$6.35B
| $13.4M | 0.01% |
361,265
-50,608
| -12% | -$1.77M |
|
1070
Mueller Industries
MLI
$14.7B
| $13.3M | 0.01% |
2,032,452
-36,712
| -2% | -$277K |
|
1071
Churchill Downs
CHDN
$5.88B
| $13.3M | 0.01% |
326,658
-34,680
| -10% | -$1.48M |
|
1072
Northwest Bancshares
NWBI
$2.3B
| $13.3M | 0.01% |
802,004
+17,318
| +2% | +$291K |
|
1073
LXP Industrial Trust
LXP
$3.57B
| $13.2M | 0.01% |
336,578
+7,933
| +2% | +$337K |
|
1074
Robert Half
RHI
$3.87B
| $13.2M | 0.01% |
228,687
-1,099
| -0.5% | -$62.8K |
|
|
CVSA
1075
Covista Inc
CVSA
$4.25B
| $13.2M | 0.01% |
278,287
+5,983
| +2% | +$280K |
|
Similar funds
Principal Financial Group's Q1 2018 Portfolio in Review
As of Q1 2018, Principal Financial Group held 2,291 positions worth $105B, down 3.6% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2018 filing shows 52 new, 1,357 increased, 770 reduced and 85 closed positions. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M. The largest sale was Principal Exchange-Traded Funds Principal US Mega-Cap ETF, an estimated $791M.
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.
- Principal Financial Group's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M.
- Principal Financial Group added most to First Republic Bank in Q1 2018, an estimated $124M increase.
- Principal Financial Group's biggest Q1 2018 reduction was Loews, cutting an estimated $99.2M.
- Principal Financial Group fully exited Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q1 2018, selling an estimated $791M.
- Principal Financial Group's ten largest holdings make up 11% of its $105B portfolio in Q1 2018.
- Principal Financial Group opened 52 new positions and closed 85 in Q1 2018.
- Principal Financial Group's portfolio value fell 3.6% quarter-over-quarter to $105B.
Based on Principal Financial Group's 13F filing for Q1 2018, filed 14 May 2018.