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 |
TransDigm Group
TDG
|
+$347M |
| 2 |
Welltower
WELL
|
+$249M |
| 3 |
Camden Property Trust
CPT
|
+$193M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$189M |
| 5 |
Brookfield
BN
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$404M |
| 2 |
Digital Realty Trust
DLR
|
+$251M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$199M |
| 4 |
iShares MBS ETF
MBB
|
+$192M |
| 5 |
Americold
COLD
|
+$163M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.05% |
| 2 | Real Estate | 15.53% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Healthcare | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
KBR
KBR
$4.77B
| $10.1M | 0.01% |
446,872
+7,099
| +2% | +$154K |
|
1052
Adaptive Biotechnologies
ADPT
$3.9B
| $10.1M | 0.01% |
208,047
+138,977
| +201% | +$5.07M |
|
1053
ICF International
ICFI
$1.56B
| $10.1M | 0.01% |
155,225
-27,626
| -15% | -$1.81M |
|
1054
Cal-Maine
CALM
$3.98B
| $10.1M | 0.01% |
226,207
-3,565
| -2% | -$152K |
|
|
WDR
1055
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $10M | 0.01% |
646,648
+29,411
| +5% | +$403K |
|
|
CADE
1056
DELISTED
Cadence Bancorporation
CADE
| $10M | 0.01% |
1,131,796
+40,949
| +4% | +$293K |
|
|
USI
1057
DELISTED
Principal Ultra-Short Active Income ETF
USI
| $10M | 0.01% |
399,681
| – | – |
|
|
ROIC
1058
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $9.99M | 0.01% |
882,078
-12,160
| -1% | -$118K |
|
1059
Gentherm
THRM
$1.32B
| $9.98M | 0.01% |
256,696
+8,287
| +3% | +$314K |
|
1060
Molson Coors Class B
TAP
$7.93B
| $9.98M | 0.01% |
290,493
+10,263
| +4% | +$410K |
|
1061
Knowles
KN
$3.45B
| $9.97M | 0.01% |
653,560
-10,526
| -2% | -$157K |
|
1062
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.83B
| $9.95M | 0.01% |
269,351
+188,599
| +234% | +$6.68M |
|
1063
ACI Worldwide
ACIW
$5.82B
| $9.94M | 0.01% |
368,349
+7,093
| +2% | +$185K |
|
1064
EPR Properties
EPR
$4.69B
| $9.94M | 0.01% |
300,032
-2,395,318
| -89% | -$71.1M |
|
|
COHR
1065
DELISTED
Coherent Inc
COHR
| $9.93M | 0.01% |
75,773
+1,934
| +3% | +$253K |
|
1066
Interactive Brokers
IBKR
$39.5B
| $9.83M | 0.01% |
941,280
+33,952
| +4% | +$355K |
|
1067
Murphy USA
MUSA
$10.9B
| $9.82M | 0.01% |
87,195
-16,452
| -16% | -$1.8M |
|
1068
Selective Insurance
SIGI
$5.76B
| $9.79M | 0.01% |
185,681
+3,144
| +2% | +$159K |
|
1069
American Airlines Group
AAL
$11B
| $9.78M | 0.01% |
748,619
+179,077
| +31% | +$2.17M |
|
1070
Glacier Bancorp
GBCI
$6.63B
| $9.78M | 0.01% |
277,027
-381,240
| -58% | -$14.1M |
|
1071
Timken Company
TKR
$9.18B
| $9.74M | 0.01% |
214,167
-42,676
| -17% | -$1.69M |
|
1072
Pinnacle Financial Partners Inc
PNFP
$16.5B
| $9.74M | 0.01% |
231,911
-182
| -0.1% | -$7.22K |
|
|
VGR
1073
DELISTED
Vector Group Ltd.
VGR
| $9.73M | 0.01% |
1,364,011
+105,301
| +8% | +$805K |
|
|
PRFT
1074
DELISTED
Perficient Inc
PRFT
| $9.73M | 0.01% |
271,883
+3,933
| +1% | +$130K |
|
|
JHG
1075
DELISTED
Janus Henderson
JHG
| $9.72M | 0.01% |
459,365
-18,770
| -4% | -$362K |
|
Similar funds
Principal Financial Group's Q2 2020 Portfolio in Review
As of Q2 2020, Principal Financial Group held 2,420 positions worth $114B, up 26% from $90.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group deployed $4.35B of net new capital in Q2 2020, opening 221 new positions and adding to 1,222 existing holdings. Its largest new stake was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Real Estate and Financials.
On the sell side, the largest reduction was Alibaba, an estimated $404M trimmed.
- Principal Financial Group's largest Q2 2020 buy was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
- Principal Financial Group added most to TransDigm Group in Q2 2020, an estimated $347M increase.
- Principal Financial Group's biggest Q2 2020 reduction was Alibaba, cutting an estimated $404M.
- Principal Financial Group fully exited iShares MBS ETF in Q2 2020, selling an estimated $192M.
- Principal Financial Group's ten largest holdings make up 15% of its $114B portfolio in Q2 2020.
- Principal Financial Group opened 221 new positions and closed 103 in Q2 2020.
- Principal Financial Group's portfolio value rose 26% quarter-over-quarter to $114B.
Based on Principal Financial Group's 13F filing for Q2 2020, filed 5 Aug 2020.