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 |
CoStar Group
CSGP
|
+$351M |
| 2 |
Digital Realty Trust
DLR
|
+$234M |
| 3 |
American Tower
AMT
|
+$214M |
| 4 |
AvalonBay Communities
AVB
|
+$158M |
| 5 |
COR
Coresite Realty Corporation
COR
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$358M |
| 2 |
Welltower
WELL
|
+$234M |
| 3 |
Wayfair
W
|
+$187M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$173M |
| 5 |
Host Hotels & Resorts
HST
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.28% |
| 2 | Real Estate | 16.9% |
| 3 | Financials | 15.46% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Healthcare | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AMWD
1226
DELISTED
American Woodmark
AMWD
| $5.68M | 0.01% |
124,602
-7,415
| -6% | -$685K |
|
1227
National Bank Holdings
NBHC
$1.91B
| $5.65M | 0.01% |
236,486
-9,782
| -4% | -$305K |
|
|
GLUU
1228
DELISTED
Glu Mobile Inc.
GLUU
| $5.61M | 0.01% |
891,193
-34,732
| -4% | -$224K |
|
|
CBB
1229
DELISTED
Cincinnati Bell Inc.
CBB
| $5.6M | 0.01% |
382,536
-15,820
| -4% | -$206K |
|
1230
Adeia
ADEA
$3.12B
| $5.59M | 0.01% |
1,520,452
-56,451
| -4% | -$241K |
|
1231
InterDigital
IDCC
$8.47B
| $5.57M | 0.01% |
124,743
-35,229
| -22% | -$1.86M |
|
1232
Tapestry
TPR
$32.7B
| $5.56M | 0.01% |
429,537
+14,330
| +3% | +$336K |
|
1233
Heritage Financial
HFWA
$1.21B
| $5.56M | 0.01% |
277,816
-11,490
| -4% | -$284K |
|
1234
Sabre
SABR
$886M
| $5.54M | 0.01% |
934,441
-260,154
| -22% | -$4.35M |
|
1235
NOV
NOV
$7.09B
| $5.52M | 0.01% |
561,835
-104,093
| -16% | -$1.96M |
|
|
NP
1236
DELISTED
Neenah, Inc. Common Stock
NP
| $5.51M | 0.01% |
127,750
-5,101
| -4% | -$302K |
|
1237
EQT Corp
EQT
$32.3B
| $5.49M | 0.01% |
776,319
-334,244
| -30% | -$2.35M |
|
|
GMS
1238
DELISTED
GMS Inc
GMS
| $5.47M | 0.01% |
347,494
-12,692
| -4% | -$301K |
|
1239
Materion
MTRN
$5.8B
| $5.46M | 0.01% |
155,799
-6,400
| -4% | -$317K |
|
|
SWCH
1240
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $5.44M | 0.01% |
377,005
+61,177
| +19% | +$930K |
|
1241
Unum
UNM
$14.2B
| $5.42M | 0.01% |
360,782
-6,258
| -2% | -$151K |
|
1242
Encore Capital Group
ECPG
$2.08B
| $5.41M | 0.01% |
231,194
-7,600
| -3% | -$256K |
|
|
VBTX
1243
DELISTED
Veritex Holdings
VBTX
| $5.4M | 0.01% |
386,657
-21,102
| -5% | -$508K |
|
1244
Cytokinetics
CYTK
$11B
| $5.39M | 0.01% |
457,339
-18,007
| -4% | -$230K |
|
1245
Granite Construction
GVA
$5.32B
| $5.38M | 0.01% |
354,614
-14,666
| -4% | -$329K |
|
1246
Dick's Sporting Goods
DKS
$17.8B
| $5.37M | 0.01% |
252,778
-122,584
| -33% | -$4.7M |
|
|
PDCO
1247
DELISTED
Patterson Companies, Inc.
PDCO
| $5.37M | 0.01% |
351,411
-108,917
| -24% | -$2.35M |
|
|
CADE
1248
DELISTED
Cadence Bank
CADE
| $5.37M | 0.01% |
283,897
-123,809
| -30% | -$3.27M |
|
1249
H&R Block
HRB
$5.82B
| $5.36M | 0.01% |
380,313
+18,523
| +5% | +$388K |
|
1250
DXC Technology
DXC
$1.77B
| $5.35M | 0.01% |
410,162
+45,371
| +12% | +$1.2M |
|
Similar funds
Principal Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Principal Financial Group held 2,294 positions worth $90.3B, down 25% from $120B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2020 filing shows 64 new, 735 increased, 1,378 reduced and 95 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M. The largest sale was Interxion Holding N.V., an estimated $358M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M.
- Principal Financial Group added most to CoStar Group in Q1 2020, an estimated $351M increase.
- Principal Financial Group's biggest Q1 2020 reduction was Welltower, cutting an estimated $234M.
- Principal Financial Group fully exited Interxion Holding N.V. in Q1 2020, selling an estimated $358M.
- Principal Financial Group's ten largest holdings make up 14% of its $90.3B portfolio in Q1 2020.
- Principal Financial Group opened 64 new positions and closed 95 in Q1 2020.
- Principal Financial Group's portfolio value fell 25% quarter-over-quarter to $90.3B.
Based on Principal Financial Group's 13F filing for Q1 2020, filed 12 May 2020.