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 |
iShares MBS ETF
MBB
|
+$249M |
| 2 |
Host Hotels & Resorts
HST
|
+$199M |
| 3 |
Wayfair
W
|
+$197M |
| 4 |
AerCap
AER
|
+$115M |
| 5 |
Fastenal
FAST
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$174M |
| 3 |
Apple
AAPL
|
+$133M |
| 4 |
Scotiabank
BNS
|
+$121M |
| 5 |
Simon Property Group
SPG
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.64% |
| 2 | Financials | 16.14% |
| 3 | Technology | 14.76% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CVSA
1251
Covista Inc
CVSA
$4.25B
| $9.11M | 0.01% |
239,158
-5,652
| -2% | -$254K |
|
1252
InterDigital
IDCC
$7.87B
| $9.09M | 0.01% |
173,323
-6,050
| -3% | -$342K |
|
1253
Southside Bancshares
SBSI
$967M
| $9.07M | 0.01% |
265,863
-2,941
| -1% | -$97.7K |
|
1254
SM Energy
SM
$7.8B
| $9.05M | 0.01% |
933,663
+399,787
| +75% | +$4.08M |
|
|
TGI
1255
DELISTED
Triumph Group
TGI
| $9.03M | 0.01% |
394,831
-5,416
| -1% | -$124K |
|
1256
Varex Imaging
VREX
$472M
| $9.03M | 0.01% |
316,304
-3,466
| -1% | -$100K |
|
1257
Cheesecake Factory
CAKE
$5.04B
| $9.02M | 0.01% |
216,486
-566
| -0.3% | -$23.3K |
|
1258
Perdoceo Education
PRDO
$1.99B
| $9.02M | 0.01% |
567,498
-6,107
| -1% | -$120K |
|
1259
H&R Block
HRB
$5.58B
| $9.01M | 0.01% |
381,604
-21,355
| -5% | -$565K |
|
1260
Regenxbio
RGNX
$620M
| $8.99M | 0.01% |
252,427
-4,165
| -2% | -$169K |
|
|
CPE
1261
DELISTED
Callon Petroleum Company
CPE
| $8.97M | 0.01% |
206,635
+84,954
| +70% | +$4.15M |
|
1262
Matthews International
MATW
$866M
| $8.95M | 0.01% |
253,020
-5,773
| -2% | -$190K |
|
1263
Warrior Met Coal
HCC
$4.19B
| $8.92M | 0.01% |
457,064
+412,048
| +915% | +$9.22M |
|
1264
Bread Financial
BFH
$4.37B
| $8.91M | 0.01% |
87,174
-2,208
| -2% | -$249K |
|
|
VRTU
1265
DELISTED
Virtusa Corporation
VRTU
| $8.9M | 0.01% |
247,027
+16,656
| +7% | +$668K |
|
1266
Brinker International
EAT
$9.17B
| $8.89M | 0.01% |
208,406
+2,240
| +1% | +$89.8K |
|
1267
Ralph Lauren
RL
$22.6B
| $8.88M | 0.01% |
93,013
+13,212
| +17% | +$1.31M |
|
|
NP
1268
DELISTED
Neenah, Inc. Common Stock
NP
| $8.87M | 0.01% |
136,162
+885
| +0.7% | +$57.6K |
|
1269
Urban Outfitters
URBN
$6.35B
| $8.86M | 0.01% |
315,535
+2,927
| +0.9% | +$68.3K |
|
1270
Adeia
ADEA
$2.94B
| $8.86M | 0.01% |
1,618,611
-10,739
| -0.7% | -$57.4K |
|
1271
Lindsay Corp
LNN
$1.13B
| $8.86M | 0.01% |
95,364
+1,169
| +1% | +$104K |
|
1272
Werner Enterprises
WERN
$2.24B
| $8.82M | 0.01% |
249,824
+6,685
| +3% | +$218K |
|
1273
Mercury Insurance
MCY
$5.93B
| $8.79M | 0.01% |
157,306
+2,173
| +1% | +$124K |
|
1274
CoreCivic
CXW
$2.96B
| $8.75M | 0.01% |
506,408
-8,754
| -2% | -$154K |
|
|
CATM
1275
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $8.75M | 0.01% |
289,397
-11,488
| -4% | -$340K |
|
Similar funds
Principal Financial Group's Q3 2019 Portfolio in Review
As of Q3 2019, Principal Financial Group held 2,307 positions worth $113B, up 2% from $111B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2019 filing shows 81 new, 938 increased, 1,207 reduced and 62 closed positions. Its largest new stake was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M. The largest sale was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $223M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2019 buy was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M.
- Principal Financial Group added most to iShares MBS ETF in Q3 2019, an estimated $249M increase.
- Principal Financial Group's biggest Q3 2019 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $223M.
- Principal Financial Group fully exited Anadarko Petroleum in Q3 2019, selling an estimated $55.2M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2019.
- Principal Financial Group opened 81 new positions and closed 62 in Q3 2019.
- Principal Financial Group's portfolio value rose 2% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2019, filed 13 Nov 2019.