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 | |
|---|---|---|---|---|---|---|
1276
International Bancshares
IBOC
$4.76B
| $8.37M | 0.01% |
243,409
-3,274
| -1% | -$126K |
|
1277
Cooper-Standard Automotive
CPS
$523M
| $8.37M | 0.01% |
134,741
-7,867
| -6% | -$635K |
|
|
EBIX
1278
DELISTED
Ebix Inc
EBIX
| $8.35M | 0.01% |
196,294
-2,201
| -1% | -$117K |
|
1279
Commercial Metals
CMC
$7.6B
| $8.34M | 0.01% |
520,306
-4,467
| -0.9% | -$83.3K |
|
1280
Archrock
AROC
$6.27B
| $8.27M | 0.01% |
1,103,799
+10,106
| +0.9% | +$102K |
|
|
TVTY
1281
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $8.25M | 0.01% |
332,506
-655
| -0.2% | -$21.8K |
|
|
KEM
1282
DELISTED
KEMET Corporation
KEM
| $8.23M | 0.01% |
469,347
-43,651
| -9% | -$817K |
|
1283
Hamilton Lane
HLNE
$4.91B
| $8.16M | 0.01% |
220,671
+95,084
| +76% | +$3.56M |
|
|
PBCT
1284
DELISTED
People's United Financial Inc
PBCT
| $8.16M | 0.01% |
565,461
+24,599
| +5% | +$389K |
|
|
SGI
1285
Somnigroup International
SGI
$13.7B
| $8.15M | 0.01% |
787,804
-9,168
| -1% | -$110K |
|
1286
Rollins
ROL
$18.3B
| $8.15M | 0.01% |
338,612
-14,100
| -4% | -$364K |
|
1287
Granite Construction
GVA
$5.29B
| $8.13M | 0.01% |
201,760
-3,219
| -2% | -$147K |
|
1288
Silgan Holdings
SLGN
$4.23B
| $8.12M | 0.01% |
343,929
-7,785
| -2% | -$196K |
|
|
ITG
1289
DELISTED
Investment Technology Group Inc
ITG
| $8.12M | 0.01% |
268,499
+2,134
| +0.8% | +$61.2K |
|
1290
Carpenter Technology
CRS
$25.8B
| $8.11M | 0.01% |
227,728
+17,497
| +8% | +$789K |
|
|
PGTI
1291
DELISTED
PGT, Inc.
PGTI
| $8.11M | 0.01% |
511,376
+12,133
| +2% | +$235K |
|
|
CATM
1292
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $8.09M | 0.01% |
311,105
+9,666
| +3% | +$293K |
|
1293
Artivion
AORT
$1.3B
| $8.06M | 0.01% |
283,945
+10,183
| +4% | +$306K |
|
1294
TripAdvisor
TRIP
$1.65B
| $8.04M | 0.01% |
149,071
-2,497
| -2% | -$138K |
|
|
LMNX
1295
DELISTED
Luminex Corp
LMNX
| $8.03M | 0.01% |
347,642
-15,483
| -4% | -$417K |
|
|
GTY
1296
Getty Realty Corp
GTY
$2.11B
| $8.03M | 0.01% |
273,130
+2,450
| +0.9% | +$70.6K |
|
1297
Stewart Information Services
STC
$2.06B
| $8.03M | 0.01% |
194,005
-3,456
| -2% | -$145K |
|
1298
Fortune Brands Innovations
FBIN
$5.88B
| $8M | 0.01% |
246,332
-5,360
| -2% | -$203K |
|
|
SYKE
1299
DELISTED
SYKES Enterprises Inc
SYKE
| $7.99M | 0.01% |
323,012
+1,464
| +0.5% | +$40.8K |
|
1300
ePlus
PLUS
$2.42B
| $7.96M | 0.01% |
223,830
-5,412
| -2% | -$218K |
|
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.