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 | |
|---|---|---|---|---|---|---|
1176
ON Semiconductor
ON
$31.8B
| $11.3M | 0.01% |
465,482
+84,245
| +22% | +$1.78M |
|
|
IRBT
1177
DELISTED
iRobot
IRBT
| $11.3M | 0.01% |
223,357
-19,302
| -8% | -$969K |
|
|
PRSU
1178
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $11.3M | 0.01% |
167,030
+2,738
| +2% | +$178K |
|
|
SYKE
1179
DELISTED
SYKES Enterprises Inc
SYKE
| $11.3M | 0.01% |
304,441
-638
| -0.2% | -$21.6K |
|
1180
Fluor
FLR
$7.01B
| $11.2M | 0.01% |
595,159
+815
| +0.1% | +$14.8K |
|
|
MAGN
1181
Magnera Corp
MAGN
$472M
| $11.2M | 0.01% |
47,231
+774
| +2% | +$172K |
|
1182
City Holding Co
CHCO
$2.05B
| $11.2M | 0.01% |
136,673
+1,011
| +0.7% | +$80.1K |
|
1183
Tapestry
TPR
$30.8B
| $11.2M | 0.01% |
415,207
-29,149
| -7% | -$760K |
|
1184
Universal Corp
UVV
$1.31B
| $11.2M | 0.01% |
195,969
-986
| -0.5% | -$53.2K |
|
1185
Sprouts Farmers Market
SFM
$8.13B
| $11.2M | 0.01% |
577,535
-52,220
| -8% | -$1.01M |
|
1186
PVH
PVH
$4B
| $11.1M | 0.01% |
105,820
-3,589
| -3% | -$342K |
|
1187
AMERISAFE
AMSF
$543M
| $11.1M | 0.01% |
168,350
+16,140
| +11% | +$1.07M |
|
1188
ATI
ATI
$25.6B
| $11.1M | 0.01% |
536,418
-185
| -0% | -$4.01K |
|
1189
Dine Brands
DIN
$456M
| $11.1M | 0.01% |
132,669
-12,973
| -9% | -$1.01M |
|
1190
Enerpac Tool Group
EPAC
$1.83B
| $11.1M | 0.01% |
425,670
-5,748
| -1% | -$140K |
|
|
CVET
1191
DELISTED
Covetrus, Inc. Common Stock
CVET
| $11.1M | 0.01% |
837,140
+423,335
| +102% | +$5.13M |
|
1192
OFG Bancorp
OFG
$2.23B
| $11M | 0.01% |
467,018
+229
| +0% | +$5K |
|
|
FG
1193
DELISTED
FGL Holdings Ordinary Shares
FG
| $11M | 0.01% |
1,033,238
+1,022,464
| +9,490% | +$9.3M |
|
1194
MaxLinear
MXL
$6.06B
| $10.9M | 0.01% |
514,524
+3,348
| +0.7% | +$69.5K |
|
|
PBCT
1195
DELISTED
People's United Financial Inc
PBCT
| $10.9M | 0.01% |
645,440
+57,402
| +10% | +$941K |
|
1196
Helix Energy Solutions
HLX
$1.4B
| $10.9M | 0.01% |
1,130,217
-532
| -0% | -$4.6K |
|
|
TPH
1197
DELISTED
Tri Pointe Homes
TPH
| $10.9M | 0.01% |
696,752
+72,001
| +12% | +$1.11M |
|
|
1198
Albemarle
ALB
$13.9B
| $10.8M | 0.01% |
148,501
-2,278,396
| -94% | -$152M |
|
1199
Carpenter Technology
CRS
$25.8B
| $10.8M | 0.01% |
217,899
-1,954
| -0.9% | -$100K |
|
1200
Mativ Holdings
MATV
$481M
| $10.8M | 0.01% |
257,365
+2,953
| +1% | +$123K |
|
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.