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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Campbell Soup
CPB
$6.55B
| $12.4M | 0.01% |
250,981
-6,883
| -3% | -$326K |
|
1127
Upbound Group
UPBD
$1.13B
| $12.4M | 0.01% |
429,877
-15,253
| -3% | -$399K |
|
1128
Provident Financial Services
PFS
$3.22B
| $12.4M | 0.01% |
502,848
+3,245
| +0.6% | +$80.1K |
|
1129
Texas Capital Bancshares
TCBI
$4.3B
| $12.4M | 0.01% |
218,106
-636
| -0.3% | -$36.2K |
|
1130
Alarm.com
ALRM
$2.71B
| $12.4M | 0.01% |
287,811
-32,709
| -10% | -$1.47M |
|
|
PCH
1131
DELISTED
PotlatchDeltic
PCH
| $12.3M | 0.01% |
285,409
-4,863
| -2% | -$208K |
|
1132
GATX Corp
GATX
$6.35B
| $12.3M | 0.01% |
149,032
-26,686
| -15% | -$2.15M |
|
1133
La-Z-Boy
LZB
$1.58B
| $12.3M | 0.01% |
392,168
+2,053
| +0.5% | +$68.8K |
|
1134
STAAR Surgical
STAA
$1.21B
| $12.3M | 0.01% |
349,527
-32,546
| -9% | -$1.07M |
|
1135
Silgan Holdings
SLGN
$4.23B
| $12.3M | 0.01% |
394,894
-8,999
| -2% | -$275K |
|
1136
Nexstar Media Group
NXST
$5.82B
| $12.3M | 0.01% |
104,507
-42,717
| -29% | -$4.47M |
|
1137
TechnipFMC
FTI
$28.1B
| $12.3M | 0.01% |
767,956
-24,226
| -3% | -$376K |
|
|
OPI
1138
DELISTED
Office Properties Income Trust
OPI
| $12.2M | 0.01% |
380,848
-34,241
| -8% | -$1.1M |
|
|
ODP
1139
DELISTED
ODP
ODP
| $12.2M | 0.01% |
444,045
-5,202
| -1% | -$116K |
|
1140
Fulton Financial
FULT
$4.66B
| $12.2M | 0.01% |
697,481
-22,015
| -3% | -$374K |
|
1141
Robert Half
RHI
$3.87B
| $12.1M | 0.01% |
192,355
-5,775
| -3% | -$335K |
|
1142
Rambus
RMBS
$9.87B
| $12.1M | 0.01% |
880,858
+4,367
| +0.5% | +$58.6K |
|
1143
EQT Corp
EQT
$33.3B
| $12.1M | 0.01% |
1,110,563
-500
| -0% | -$4.89K |
|
1144
Methode Electronics
MEI
$496M
| $12.1M | 0.01% |
307,260
+12,293
| +4% | +$446K |
|
1145
MillerKnoll
MLKN
$1.53B
| $12.1M | 0.01% |
290,107
+1,083
| +0.4% | +$50.1K |
|
1146
Graham Holdings Company
GHC
$5.1B
| $12.1M | 0.01% |
18,858
-2,044
| -10% | -$1.31M |
|
1147
AAR Corp
AIR
$5.59B
| $12M | 0.01% |
266,772
-324
| -0.1% | -$14.1K |
|
1148
Boise Cascade
BCC
$2.69B
| $12M | 0.01% |
328,281
-8,933
| -3% | -$324K |
|
|
UHT
1149
Universal Health Realty Income Trust
UHT
$603M
| $12M | 0.01% |
102,154
-478
| -0.5% | -$54.4K |
|
1150
G-III Apparel Group
GIII
$1.54B
| $12M | 0.01% |
356,781
+1,953
| +0.6% | +$55.3K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.