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 |
Sherwin-Williams
SHW
|
+$115M |
| 2 |
SFR
Starwood Waypoint Homes
SFR
|
+$92.6M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$78.1M |
| 4 |
Charter Communications
CHTR
|
+$76.9M |
| 5 |
DHC
Diversified Healthcare Trust
DHC
|
+$69.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equity Residential
EQR
|
+$137M |
| 2 |
Entergy
ETR
|
+$109M |
| 3 |
QVCGA
QVC Group Inc Series A
QVCGA
|
+$102M |
| 4 |
PayPal
PYPL
|
+$90.5M |
| 5 |
Kimco Realty
KIM
|
+$75.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.8% |
| 2 | Financials | 16.34% |
| 3 | Technology | 11.84% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Healthcare | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
DuPont de Nemours
DD
$18.9B
| $190M | 0.25% |
1,444,731
-125,385
| -8% | -$16.7M |
|
102
DaVita
DVA
$15.2B
| $189M | 0.25% |
2,867,212
+162,900
| +6% | +$11.5M |
|
103
CVS Health
CVS
$137B
| $189M | 0.25% |
2,121,930
+9,180
| +0.4% | +$867K |
|
104
Willis Towers Watson
WTW
$28.6B
| $185M | 0.24% |
1,390,385
+45,533
| +3% | +$5.67M |
|
105
M&T Bank
MTB
$36B
| $184M | 0.24% |
1,582,543
+16,210
| +1% | +$1.88M |
|
106
Oracle
ORCL
$345B
| $177M | 0.23% |
4,499,660
+23,690
| +0.5% | +$965K |
|
107
Martin Marietta Materials
MLM
$34.3B
| $172M | 0.23% |
958,187
+197,107
| +26% | +$37.6M |
|
|
LSXMK
108
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $171M | 0.23% |
6,734,965
-190,597
| -3% | -$4.82M |
|
|
FCE.A
109
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $170M | 0.22% |
7,353,077
+427,219
| +6% | +$9.98M |
|
110
Medtronic
MDT
$108B
| $166M | 0.22% |
1,925,947
+7,377
| +0.4% | +$643K |
|
111
Travelers Companies
TRV
$81.4B
| $164M | 0.22% |
1,429,988
-15,657
| -1% | -$1.83M |
|
112
Qualcomm
QCOM
$179B
| $164M | 0.22% |
2,387,711
+333,401
| +16% | +$20.3M |
|
113
SLB Ltd
SLB
$76.5B
| $163M | 0.21% |
2,077,093
-20,724
| -1% | -$1.64M |
|
114
Starbucks
SBUX
$118B
| $162M | 0.21% |
2,995,130
+56,193
| +2% | +$3.14M |
|
115
Accenture
ACN
$94.3B
| $158M | 0.21% |
1,296,932
-164,412
| -11% | -$18.7M |
|
116
3M
MMM
$91.9B
| $157M | 0.21% |
1,064,306
+31,427
| +3% | +$4.69M |
|
117
Sunstone Hotel Investors
SHO
$2.2B
| $155M | 0.2% |
12,154,042
+1,168,336
| +11% | +$15.3M |
|
118
Honeywell
HON
$77.9B
| $154M | 0.2% |
1,471,801
-13,517
| -0.9% | -$1.41M |
|
|
DOC
119
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $152M | 0.2% |
7,035,722
+531,308
| +8% | +$11.2M |
|
120
McDonald's
MCD
$192B
| $148M | 0.2% |
1,286,540
-89,602
| -7% | -$10.6M |
|
121
Brown & Brown
BRO
$23.6B
| $148M | 0.19% |
7,823,140
-2,296,608
| -23% | -$42.5M |
|
|
122
PayPal
PYPL
$49.5B
| $147M | 0.19% |
3,576,679
-2,355,385
| -40% | -$90.5M |
|
123
RTX Corp
RTX
$294B
| $146M | 0.19% |
2,280,633
+530,032
| +30% | +$35.1M |
|
|
124
Sherwin-Williams
SHW
$80.7B
| $144M | 0.19% |
1,565,481
+1,183,914
| +310% | +$115M |
|
125
Elevance Health
ELV
$82.1B
| $144M | 0.19% |
1,146,770
-24,930
| -2% | -$3.22M |
|
Similar funds
Principal Financial Group's Q3 2016 Portfolio in Review
As of Q3 2016, Principal Financial Group held 2,256 positions worth $76B, up 6.1% from $71.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q3 2016 filing shows 95 new, 1,559 increased, 450 reduced and 92 closed positions. Its largest new stake was IHS Markit Ltd. Common Shares: 1,179,114 shares worth $44.3M. The largest sale was Equity Residential, an estimated $137M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2016 buy was IHS Markit Ltd. Common Shares: 1,179,114 shares worth $44.3M.
- Principal Financial Group added most to Sherwin-Williams in Q3 2016, an estimated $115M increase.
- Principal Financial Group's biggest Q3 2016 reduction was Equity Residential, cutting an estimated $137M.
- Principal Financial Group fully exited EMC CORPORATION in Q3 2016, selling an estimated $74.2M.
- Principal Financial Group's ten largest holdings make up 10% of its $76B portfolio in Q3 2016.
- Principal Financial Group opened 95 new positions and closed 92 in Q3 2016.
- Principal Financial Group's portfolio value rose 6.1% quarter-over-quarter to $76B.
Based on Principal Financial Group's 13F filing for Q3 2016, filed 10 Nov 2016.