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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Itron
ITRI
$4.36B
| $12.6M | 0.01% |
270,043
-1,960
| -0.7% | -$104K |
|
|
MINI
1102
DELISTED
Mobile Mini Inc
MINI
| $12.6M | 0.01% |
370,503
-3,809
| -1% | -$135K |
|
|
CVSA
1103
Covista Inc
CVSA
$4.25B
| $12.6M | 0.01% |
271,381
-2,503
| -0.9% | -$120K |
|
1104
Walker & Dunlop
WD
$1.71B
| $12.6M | 0.01% |
246,576
-9,073
| -4% | -$461K |
|
1105
Globe Life
GL
$14.2B
| $12.5M | 0.01% |
152,916
-4,566
| -3% | -$373K |
|
1106
Dana Inc
DAN
$2.9B
| $12.5M | 0.01% |
705,928
+3,690
| +0.5% | +$65.4K |
|
|
DHC
1107
Diversified Healthcare Trust
DHC
$2.15B
| $12.5M | 0.01% |
1,059,011
+8,176
| +0.8% | +$105K |
|
1108
Pultegroup
PHM
$24.1B
| $12.5M | 0.01% |
445,316
-8,010
| -2% | -$218K |
|
1109
UMB Financial
UMBF
$11.1B
| $12.4M | 0.01% |
194,083
-3,035
| -2% | -$201K |
|
1110
SPX Corp
SPXC
$11B
| $12.4M | 0.01% |
357,012
-3,330
| -0.9% | -$108K |
|
|
NLSN
1111
DELISTED
Nielsen Holdings plc
NLSN
| $12.4M | 0.01% |
523,362
-1,909
| -0.4% | -$49.4K |
|
1112
Shake Shack
SHAK
$2.53B
| $12.4M | 0.01% |
208,872
-965
| -0.5% | -$49.4K |
|
|
MANT
1113
DELISTED
Mantech International Corp
MANT
| $12.3M | 0.01% |
227,460
-1,938
| -0.8% | -$106K |
|
1114
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.79B
| $12.2M | 0.01% |
264,768
-86,359
| -25% | -$3.88M |
|
|
BIG
1115
DELISTED
Big Lots, Inc.
BIG
| $12.2M | 0.01% |
321,827
+148,272
| +85% | +$4.84M |
|
|
IPG
1116
DELISTED
Interpublic Group of Companies
IPG
| $12.2M | 0.01% |
582,331
-6,317
| -1% | -$141K |
|
1117
Texas Capital Bancshares
TCBI
$4.3B
| $12.2M | 0.01% |
223,882
+1,677
| +0.8% | +$97.2K |
|
|
ILPT
1118
Industrial Logistics Properties Trust
ILPT
$575M
| $12.2M | 0.01% |
605,854
+68,384
| +13% | +$1.41M |
|
1119
Horace Mann Educators
HMN
$2.1B
| $12.2M | 0.01% |
346,125
-8,683
| -2% | -$336K |
|
|
CSGS
1120
DELISTED
CSG Systems International
CSGS
| $12.2M | 0.01% |
287,884
+731
| +0.3% | +$28.3K |
|
1121
Home BancShares
HOMB
$6.23B
| $12.1M | 0.01% |
690,821
-7,924
| -1% | -$147K |
|
|
MNTA
1122
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $12.1M | 0.01% |
830,583
+13,591
| +2% | +$174K |
|
1123
OSI Systems
OSIS
$3.65B
| $12.1M | 0.01% |
137,720
+660
| +0.5% | +$55.2K |
|
1124
Western Union
WU
$1.98B
| $12M | 0.01% |
652,356
-17,849
| -3% | -$321K |
|
|
TWO
1125
Two Harbors Investment
TWO
$1.27B
| $12M | 0.01% |
222,627
-2,447
| -1% | -$137K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.