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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRC
1051
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $10.4M | 0.01% |
307,300
-81,812
| -21% | -$2.85M |
|
1052
COPT Defense Properties
CDP
$4.22B
| $10.4M | 0.01% |
437,101
+32,342
| +8% | +$807K |
|
1053
Gentherm
THRM
$1.24B
| $10.4M | 0.01% |
253,354
-3,342
| -1% | -$140K |
|
1054
LiveRamp
RAMP
$2.3B
| $10.3M | 0.01% |
199,252
-6,161
| -3% | -$308K |
|
1055
Signet Jewelers
SIG
$3.65B
| $10.3M | 0.01% |
550,807
+66,185
| +14% | +$962K |
|
1056
Brixmor Property Group
BRX
$9.25B
| $10.3M | 0.01% |
880,906
-35,207
| -4% | -$425K |
|
1057
Robert Half
RHI
$4.16B
| $10.3M | 0.01% |
194,312
-13,555
| -7% | -$722K |
|
1058
Huron Consulting
HURN
$2.39B
| $10.2M | 0.01% |
+260,107
| New | +$11.3M |
|
1059
Chemours
CC
$2.27B
| $10.2M | 0.01% |
488,814
-17,218
| -3% | -$332K |
|
|
ETRN
1060
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $10.2M | 0.01% |
1,207,881
-42,852
| -3% | -$419K |
|
1061
Valmont Industries
VMI
$9.5B
| $10.2M | 0.01% |
82,175
+10,194
| +14% | +$1.25M |
|
1062
Cal-Maine
CALM
$3.98B
| $10.2M | 0.01% |
265,697
+39,490
| +17% | +$1.67M |
|
1063
KB Home
KBH
$3.49B
| $10.2M | 0.01% |
265,387
-8,356
| -3% | -$292K |
|
1064
Assurant
AIZ
$14.7B
| $10.2M | 0.01% |
83,941
-13,777
| -14% | -$1.58M |
|
1065
Global Net Lease
GNL
$1.91B
| $10.2M | 0.01% |
640,058
-38,429
| -6% | -$649K |
|
|
JNPR
1066
DELISTED
Juniper Networks
JNPR
| $10.1M | 0.01% |
470,985
-24,545
| -5% | -$582K |
|
1067
DaVita
DVA
$11.5B
| $10.1M | 0.01% |
118,231
-13,534
| -10% | -$1.16M |
|
1068
iShares MSCI India ETF
INDA
$6.6B
| $10.1M | 0.01% |
298,450
+13,784
| +5% | +$451K |
|
1069
Louisiana-Pacific
LPX
$5.3B
| $10.1M | 0.01% |
341,807
-12,062
| -3% | -$370K |
|
1070
Qualys
QLYS
$6.29B
| $10.1M | 0.01% |
102,751
-2,971
| -3% | -$318K |
|
|
AMWD
1071
DELISTED
American Woodmark
AMWD
| $10.1M | 0.01% |
127,964
+8,230
| +7% | +$672K |
|
1072
RLI Corp
RLI
$5.91B
| $10M | 0.01% |
240,002
-11,462
| -5% | -$503K |
|
1073
Century Communities
CCS
$1.96B
| $10M | 0.01% |
236,913
+7,280
| +3% | +$266K |
|
|
VGR
1074
DELISTED
Vector Group Ltd.
VGR
| $10M | 0.01% |
1,457,165
+93,154
| +7% | +$635K |
|
1075
Acadia Healthcare
ACHC
$2.86B
| $10M | 0.01% |
339,662
+29,997
| +10% | +$871K |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.