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 |
Linde
LIN
|
+$219M |
| 2 |
TCO
Taubman Centers Inc.
TCO
|
+$96.5M |
| 3 |
WIX.com
WIX
|
+$96.5M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$84.9M |
| 5 |
American Homes 4 Rent
AMH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ross Stores
ROST
|
+$250M |
| 2 |
Simon Property Group
SPG
|
+$202M |
| 3 |
PX
Praxair Inc
PX
|
+$171M |
| 4 |
Alibaba
BABA
|
+$160M |
| 5 |
O'Reilly Automotive
ORLY
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.05% |
| 3 | Technology | 13.99% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Healthcare | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAWW
1251
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $8.77M | 0.01% |
207,755
+1,254
| +0.6% | +$64.2K |
|
1252
PENN Entertainment
PENN
$2.75B
| $8.76M | 0.01% |
465,323
-278,673
| -37% | -$6.62M |
|
|
NCI
1253
DELISTED
Navigant Consulting, Inc.
NCI
| $8.76M | 0.01% |
364,172
+787
| +0.2% | +$18K |
|
|
WAGE
1254
DELISTED
WageWorks, Inc.
WAGE
| $8.74M | 0.01% |
321,798
-4,024
| -1% | -$145K |
|
1255
Range Resources
RRC
$9.38B
| $8.71M | 0.01% |
910,125
-14,430
| -2% | -$219K |
|
|
PRSU
1256
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $8.69M | 0.01% |
173,527
+49
| +0% | +$2.49K |
|
|
NP
1257
DELISTED
Neenah, Inc. Common Stock
NP
| $8.66M | 0.01% |
146,974
-703
| -0.5% | -$50.9K |
|
1258
Jack in the Box
JACK
$312M
| $8.6M | 0.01% |
110,753
-10,970
| -9% | -$891K |
|
|
DISH
1259
DELISTED
DISH Network Corp.
DISH
| $8.59M | 0.01% |
344,104
-5,923
| -2% | -$186K |
|
|
SAFM
1260
DELISTED
Sanderson Farms Inc
SAFM
| $8.59M | 0.01% |
86,463
-4,054
| -4% | -$414K |
|
|
USCR
1261
DELISTED
U S Concrete, Inc.
USCR
| $8.58M | 0.01% |
243,078
+114,072
| +88% | +$4.13M |
|
|
FSB
1262
DELISTED
Franklin Financial Network, Inc.
FSB
| $8.57M | 0.01% |
324,889
+12,663
| +4% | +$419K |
|
1263
AZZ Inc
AZZ
$4.35B
| $8.54M | 0.01% |
211,489
+1,338
| +0.6% | +$60.5K |
|
1264
Harley-Davidson
HOG
$2.58B
| $8.5M | 0.01% |
249,073
-9,501
| -4% | -$373K |
|
1265
FormFactor
FORM
$8.28B
| $8.48M | 0.01% |
601,607
+5,221
| +0.9% | +$72.8K |
|
1266
Group 1 Automotive
GPI
$3.42B
| $8.47M | 0.01% |
160,697
+1,508
| +0.9% | +$83.8K |
|
|
CIO
1267
DELISTED
City Office REIT
CIO
| $8.45M | 0.01% |
823,966
-801,828
| -49% | -$8.98M |
|
|
TSE
1268
DELISTED
Trinseo
TSE
| $8.44M | 0.01% |
184,328
-93,299
| -34% | -$5.07M |
|
|
CHK
1269
DELISTED
Chesapeake Energy Corporation
CHK
| $8.43M | 0.01% |
20,075
-279
| -1% | -$192K |
|
|
INN
1270
Summit Hotel Properties
INN
$746M
| $8.43M | 0.01% |
866,399
+4,636
| +0.5% | +$52.6K |
|
1271
Boise Cascade
BCC
$2.69B
| $8.42M | 0.01% |
353,139
-2,850
| -0.8% | -$81.9K |
|
1272
Urban Edge Properties
UE
$2.86B
| $8.41M | 0.01% |
506,098
-1,702
| -0.3% | -$33.6K |
|
|
ESIO
1273
DELISTED
Electro Scientific Industries
ESIO
| $8.4M | 0.01% |
280,443
-22,532
| -7% | -$559K |
|
1274
Orthofix Medical
OFIX
$477M
| $8.4M | 0.01% |
159,945
-5,145
| -3% | -$293K |
|
|
VBTX
1275
DELISTED
Veritex Holdings
VBTX
| $8.39M | 0.01% |
392,672
+380,772
| +3,200% | +$9.31M |
|
Similar funds
Principal Financial Group's Q4 2018 Portfolio in Review
As of Q4 2018, Principal Financial Group held 2,412 positions worth $93.8B, down 17% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group withdrew a net $4.07B in Q4 2018, closing 172 positions and reducing 1,316 holdings. Its most notable exit was Praxair Inc, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
Against the trend, Principal Financial Group opened a new position in Linde worth $216M.
- Principal Financial Group's largest Q4 2018 buy was Linde: 1,382,859 shares worth $216M.
- Principal Financial Group added most to Taubman Centers Inc. in Q4 2018, an estimated $96.5M increase.
- Principal Financial Group's biggest Q4 2018 reduction was Ross Stores, cutting an estimated $250M.
- Principal Financial Group fully exited Praxair Inc in Q4 2018, selling an estimated $171M.
- Principal Financial Group's ten largest holdings make up 11% of its $93.8B portfolio in Q4 2018.
- Principal Financial Group opened 124 new positions and closed 172 in Q4 2018.
- Principal Financial Group's portfolio value fell 17% quarter-over-quarter to $93.8B.
Based on Principal Financial Group's 13F filing for Q4 2018, filed 14 Feb 2019.