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 |
ANSS
Ansys
ANSS
|
+$188M |
| 2 |
Hyatt Hotels
H
|
+$164M |
| 3 |
Prologis
PLD
|
+$156M |
| 4 |
PayPal
PYPL
|
+$145M |
| 5 |
RP
RealPage, Inc.
RP
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$358M |
| 2 |
Moody's
MCO
|
+$318M |
| 3 |
Dentsply Sirona
XRAY
|
+$235M |
| 4 |
Ross Stores
ROST
|
+$233M |
| 5 |
S&P Global
SPGI
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.51% |
| 2 | Technology | 14.45% |
| 3 | Real Estate | 14.24% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Industrials | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Flowers Foods
FLO
$1.49B
| $15.3M | 0.01% |
817,615
-569
| -0.1% | -$11.5K |
|
1052
Nasdaq
NDAQ
$52.7B
| $15.2M | 0.01% |
533,181
-2,157
| -0.4% | -$66.4K |
|
1053
LKQ Corp
LKQ
$5.68B
| $15.2M | 0.01% |
480,964
+16,682
| +4% | +$555K |
|
|
SFBS
1054
ServisFirst Bancshares
SFBS
$4.89B
| $15.2M | 0.01% |
388,644
+18,890
| +5% | +$798K |
|
1055
Nexstar Media Group
NXST
$5.82B
| $15.2M | 0.01% |
186,714
-985
| -0.5% | -$77.4K |
|
1056
Xerox
XRX
$387M
| $15.2M | 0.01% |
561,891
-69,043
| -11% | -$1.83M |
|
|
MGLN
1057
DELISTED
Magellan Health Services, Inc.
MGLN
| $15.1M | 0.01% |
209,946
+6,151
| +3% | +$495K |
|
|
CMD
1058
DELISTED
Cantel Medical Corporation
CMD
| $15.1M | 0.01% |
164,171
+5,196
| +3% | +$495K |
|
1059
Iron Mountain
IRM
$36.4B
| $15.1M | 0.01% |
437,212
+18,941
| +5% | +$675K |
|
1060
KBR
KBR
$4.62B
| $15.1M | 0.01% |
713,124
+8,149
| +1% | +$162K |
|
|
CHX
1061
DELISTED
ChampionX
CHX
| $15M | 0.01% |
345,121
+3,418
| +1% | +$143K |
|
|
CUB
1062
DELISTED
Cubic Corporation
CUB
| $15M | 0.01% |
205,750
+10,590
| +5% | +$758K |
|
1063
Stepan Co
SCL
$1.46B
| $15M | 0.01% |
172,588
+11,079
| +7% | +$954K |
|
|
MDR
1064
DELISTED
McDermott International
MDR
| $14.9M | 0.01% |
810,954
+11,579
| +1% | +$216K |
|
1065
Ambev
ABEV
$48.1B
| $14.9M | 0.01% |
3,267,882
+126,171
| +4% | +$602K |
|
|
HZNP
1066
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $14.8M | 0.01% |
756,615
+4,643
| +0.6% | +$88.3K |
|
1067
Qorvo
QRVO
$7.99B
| $14.8M | 0.01% |
192,433
+4,238
| +2% | +$339K |
|
|
PPBI
1068
DELISTED
Pacific Premier Bancorp
PPBI
| $14.8M | 0.01% |
397,530
+59,532
| +18% | +$2.28M |
|
|
NLSN
1069
DELISTED
Nielsen Holdings plc
NLSN
| $14.8M | 0.01% |
534,407
+35,406
| +7% | +$953K |
|
1070
MGIC Investment
MTG
$6.16B
| $14.8M | 0.01% |
1,108,321
+10,767
| +1% | +$133K |
|
1071
Perrigo
PRGO
$1.4B
| $14.7M | 0.01% |
207,866
-1,270
| -0.6% | -$95.3K |
|
|
UFS
1072
DELISTED
DOMTAR CORPORATION (New)
UFS
| $14.7M | 0.01% |
281,698
+2,979
| +1% | +$150K |
|
1073
ACI Worldwide
ACIW
$5.83B
| $14.7M | 0.01% |
520,780
+7,299
| +1% | +$199K |
|
1074
NCR Voyix
VYX
$1.14B
| $14.6M | 0.01% |
837,305
-3,297
| -0.4% | -$58.7K |
|
1075
SM Energy
SM
$7.8B
| $14.6M | 0.01% |
461,670
+6,081
| +1% | +$175K |
|
Similar funds
Principal Financial Group's Q3 2018 Portfolio in Review
As of Q3 2018, Principal Financial Group held 2,364 positions worth $113B, up 4.3% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2018 filing shows 94 new, 1,514 increased, 663 reduced and 76 closed positions. Its largest new stake was Shopify: 3,933,080 shares worth $64.7M. The largest sale was Sherwin-Williams, an estimated $358M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Real Estate.
- Principal Financial Group's largest Q3 2018 buy was Shopify: 3,933,080 shares worth $64.7M.
- Principal Financial Group added most to Ansys in Q3 2018, an estimated $188M increase.
- Principal Financial Group's biggest Q3 2018 reduction was Sherwin-Williams, cutting an estimated $358M.
- Principal Financial Group fully exited DCT Industrial Trust Inc. in Q3 2018, selling an estimated $155M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2018.
- Principal Financial Group opened 94 new positions and closed 76 in Q3 2018.
- Principal Financial Group's portfolio value rose 4.3% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2018, filed 14 Nov 2018.