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 | |
|---|---|---|---|---|---|---|
1201
Oxford Industries
OXM
$566M
| $10.8M | 0.01% |
142,919
-3,101
| -2% | -$224K |
|
1202
Boot Barn
BOOT
$4.51B
| $10.8M | 0.01% |
241,789
-3,111
| -1% | -$123K |
|
1203
Safety Insurance
SAFT
$1.52B
| $10.8M | 0.01% |
116,352
+96
| +0.1% | +$9.36K |
|
1204
American Eagle Outfitters
AEO
$2.88B
| $10.8M | 0.01% |
731,350
-12,313
| -2% | -$188K |
|
1205
International Bancshares
IBOC
$4.76B
| $10.7M | 0.01% |
248,564
-3,060
| -1% | -$127K |
|
|
STMP
1206
DELISTED
Stamps.com, Inc.
STMP
| $10.7M | 0.01% |
128,153
-456
| -0.4% | -$38K |
|
1207
Unum
UNM
$13.6B
| $10.7M | 0.01% |
367,040
-13,167
| -3% | -$383K |
|
|
ABMD
1208
DELISTED
Abiomed Inc
ABMD
| $10.7M | 0.01% |
62,466
-5,746
| -8% | -$1.07M |
|
1209
Coca-Cola Consolidated
COKE
$12.5B
| $10.7M | 0.01% |
375,060
+1,340
| +0.4% | +$37.5K |
|
|
WDR
1210
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $10.6M | 0.01% |
636,584
-47,709
| -7% | -$778K |
|
1211
Archrock
AROC
$6.27B
| $10.6M | 0.01% |
1,058,925
-5,610
| -0.5% | -$52.3K |
|
|
TWO
1212
Two Harbors Investment
TWO
$1.27B
| $10.6M | 0.01% |
180,893
-3,636
| -2% | -$206K |
|
1213
Boyd Gaming
BYD
$6.18B
| $10.6M | 0.01% |
352,788
+3,515
| +1% | +$98.9K |
|
1214
Employers Holdings
EIG
$908M
| $10.5M | 0.01% |
252,651
-692
| -0.3% | -$29.4K |
|
1215
AeroVironment
AVAV
$7.56B
| $10.5M | 0.01% |
170,589
+367
| +0.2% | +$22K |
|
1216
SL Green Realty
SLG
$3.76B
| $10.5M | 0.01% |
118,078
-5,503
| -4% | -$453K |
|
|
PSM
1217
DELISTED
Principal Exchange-Traded Funds Principal U.S. Small-MidCap Multi-Factor ETF
PSM
| $10.5M | 0.01% |
397,090
-1,000
| -0.3% | -$25.6K |
|
1218
Perdoceo Education
PRDO
$1.99B
| $10.5M | 0.01% |
570,549
+3,051
| +0.5% | +$49.6K |
|
1219
Franklin Resources
BEN
$17.6B
| $10.4M | 0.01% |
400,969
-18,223
| -4% | -$495K |
|
1220
Ralph Lauren
RL
$22.6B
| $10.4M | 0.01% |
88,756
-4,257
| -5% | -$448K |
|
1221
Trustmark
TRMK
$2.76B
| $10.4M | 0.01% |
301,363
-45,510
| -13% | -$1.57M |
|
|
BPYU
1222
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $10.4M | 0.01% |
563,505
+61,169
| +12% | +$1.16M |
|
|
INN
1223
Summit Hotel Properties
INN
$746M
| $10.4M | 0.01% |
841,133
+11,964
| +1% | +$144K |
|
1224
Deluxe
DLX
$1.18B
| $10.4M | 0.01% |
207,876
-14,548
| -7% | -$725K |
|
|
BRKL
1225
DELISTED
Brookline Bancorp
BRKL
| $10.4M | 0.01% |
630,211
+536
| +0.1% | +$8.45K |
|
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.