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 |
Tesla
TSLA
|
+$518M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$315M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
+$300M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$204M |
| 5 |
American Tower
AMT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$289M |
| 2 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$266M |
| 3 |
Ventas
VTR
|
+$222M |
| 4 |
AIV
Aimco
AIV
|
+$221M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$152M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Financials | 15.13% |
| 3 | Real Estate | 14.76% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Hawaiian Electric Industries
HE
$2.16B
| $11.4M | 0.01% |
323,205
-1,033
| -0.3% | -$36.5K |
|
1152
Black Hills Corp
BKH
$5.54B
| $11.4M | 0.01% |
186,106
-555
| -0.3% | -$33.2K |
|
1153
Iron Mountain
IRM
$36.3B
| $11.4M | 0.01% |
387,094
-31,281
| -7% | -$868K |
|
1154
MasTec
MTZ
$20.8B
| $11.4M | 0.01% |
167,300
-799,054
| -83% | -$44.8M |
|
1155
Travel + Leisure Co
TNL
$4.74B
| $11.4M | 0.01% |
254,159
+7,119
| +3% | +$279K |
|
1156
DXC Technology
DXC
$1.77B
| $11.4M | 0.01% |
441,819
-36,076
| -8% | -$770K |
|
|
PBCT
1157
DELISTED
People's United Financial Inc
PBCT
| $11.3M | 0.01% |
877,577
-53,981
| -6% | -$649K |
|
|
MZTI
1158
The Marzetti Company
MZTI
$3.02B
| $11.3M | 0.01% |
61,542
+2,161
| +4% | +$376K |
|
1159
Blackbaud
BLKB
$2.1B
| $11.3M | 0.01% |
196,111
-2,341
| -1% | -$130K |
|
1160
Brink's
BCO
$4.65B
| $11.2M | 0.01% |
155,924
-357,817
| -70% | -$20.8M |
|
1161
Northwest Bancshares
NWBI
$2.29B
| $11.2M | 0.01% |
879,166
-36,030
| -4% | -$411K |
|
1162
Seacoast Banking Corp of Florida
SBCF
$3.34B
| $11.2M | 0.01% |
379,513
+476
| +0.1% | +$11.5K |
|
1163
Capitol Federal Financial
CFFN
$1.11B
| $11.1M | 0.01% |
887,947
+877,885
| +8,725% | +$10.5M |
|
|
VGR
1164
DELISTED
Vector Group Ltd.
VGR
| $11.1M | 0.01% |
1,342,751
-114,414
| -8% | -$897K |
|
1165
Quanex
NX
$959M
| $11.1M | 0.01% |
499,185
-21,353
| -4% | -$440K |
|
1166
National Fuel Gas
NFG
$7.66B
| $11.1M | 0.01% |
269,054
-89,798
| -25% | -$3.74M |
|
|
COHR
1167
DELISTED
Coherent Inc
COHR
| $11M | 0.01% |
73,635
+664
| +0.9% | +$85K |
|
1168
Hope Bancorp
HOPE
$1.78B
| $11M | 0.01% |
1,011,992
-78,482
| -7% | -$731K |
|
1169
Flowserve
FLS
$10B
| $11M | 0.01% |
299,613
+115,633
| +63% | +$3.78M |
|
1170
Cohu
COHU
$2.45B
| $11M | 0.01% |
288,688
-11,173
| -4% | -$305K |
|
1171
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.86B
| $11M | 0.01% |
245,387
+61,023
| +33% | +$2.52M |
|
1172
Murphy USA
MUSA
$9.9B
| $11M | 0.01% |
83,945
+609
| +0.7% | +$78.2K |
|
|
AMWD
1173
DELISTED
American Woodmark
AMWD
| $11M | 0.01% |
116,899
-11,065
| -9% | -$1.01M |
|
|
MAGN
1174
Magnera Corp
MAGN
$446M
| $11M | 0.01% |
51,503
-707
| -1% | -$142K |
|
|
X
1175
DELISTED
US Steel
X
| $11M | 0.01% |
653,606
-1,082
| -0.2% | -$13.4K |
|
Similar funds
Principal Financial Group's Q4 2020 Portfolio in Review
As of Q4 2020, Principal Financial Group held 2,508 positions worth $135B, up 14% from $119B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2020 filing shows 187 new, 810 increased, 1,403 reduced and 94 closed positions. Its largest new stake was Apartment Income REIT Corp.: 7,814,575 shares worth $300M. The largest sale was Walt Disney, an estimated $289M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2020 buy was Apartment Income REIT Corp.: 7,814,575 shares worth $300M.
- Principal Financial Group added most to Tesla in Q4 2020, an estimated $518M increase.
- Principal Financial Group's biggest Q4 2020 reduction was Walt Disney, cutting an estimated $289M.
- Principal Financial Group fully exited GCI Liberty, Inc. Class A Common Stock (DE) in Q4 2020, selling an estimated $266M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q4 2020.
- Principal Financial Group opened 187 new positions and closed 94 in Q4 2020.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q4 2020, filed 8 Feb 2021.