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 | |
|---|---|---|---|---|---|---|
|
NTUS
1276
DELISTED
Natus Medical Inc
NTUS
| $8.75M | 0.01% |
274,702
-4,178
| -1% | -$122K |
|
1277
Custom Truck One Source
CTOS
$2.31B
| $8.71M | 0.01% |
1,455,972
-26,171
| -2% | -$205K |
|
1278
Commercial Metals
CMC
$7.6B
| $8.71M | 0.01% |
500,885
-9,315
| -2% | -$159K |
|
1279
Columbus McKinnon
CMCO
$553M
| $8.69M | 0.01% |
238,626
+5,295
| +2% | +$197K |
|
1280
Sally Beauty Holdings
SBH
$1.43B
| $8.69M | 0.01% |
583,292
+9,624
| +2% | +$126K |
|
1281
Tanger
SKT
$4.67B
| $8.64M | 0.01% |
558,449
-3,601,365
| -87% | -$56.3M |
|
|
LTHM
1282
DELISTED
Livent Corporation
LTHM
| $8.64M | 0.01% |
1,291,958
-8,821
| -0.7% | -$59.3K |
|
|
GTY
1283
Getty Realty Corp
GTY
$2.11B
| $8.63M | 0.01% |
269,344
-3,548
| -1% | -$110K |
|
|
PGTI
1284
DELISTED
PGT, Inc.
PGTI
| $8.63M | 0.01% |
499,934
-3,354
| -0.7% | -$52.7K |
|
1285
Benchmark Electronics
BHE
$2.87B
| $8.62M | 0.01% |
296,776
-12,541
| -4% | -$335K |
|
1286
PENN Entertainment
PENN
$2.75B
| $8.62M | 0.01% |
462,629
+1,426
| +0.3% | +$27K |
|
|
RPT
1287
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $8.6M | 0.01% |
634,512
-9,931
| -2% | -$122K |
|
|
X
1288
DELISTED
US Steel
X
| $8.55M | 0.01% |
740,641
-5,237
| -0.7% | -$67.5K |
|
1289
Trinity Industries
TRN
$2.49B
| $8.55M | 0.01% |
434,519
-127,244
| -23% | -$2.41M |
|
|
VRE
1290
DELISTED
Veris Residential
VRE
| $8.55M | 0.01% |
394,681
+3,822
| +1% | +$85K |
|
1291
Boot Barn
BOOT
$4.51B
| $8.55M | 0.01% |
244,900
-1,286
| -0.5% | -$42.8K |
|
1292
Edgewell Personal Care
EPC
$1.25B
| $8.55M | 0.01% |
263,066
-901
| -0.3% | -$26.9K |
|
1293
Prestige Consumer Healthcare
PBH
$2.38B
| $8.54M | 0.01% |
246,250
-7,409
| -3% | -$244K |
|
|
TRHC
1294
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $8.52M | 0.01% |
155,106
+8,739
| +6% | +$500K |
|
1295
Minerals Technologies
MTX
$2.36B
| $8.5M | 0.01% |
160,126
-2,766
| -2% | -$142K |
|
|
MTSC
1296
DELISTED
MTS Systems Corp
MTSC
| $8.5M | 0.01% |
153,788
-1,373
| -0.9% | -$78.5K |
|
1297
Adient
ADNT
$1.65B
| $8.49M | 0.01% |
369,822
-6,528
| -2% | -$149K |
|
1298
Harley-Davidson
HOG
$2.58B
| $8.46M | 0.01% |
235,350
-59,626
| -20% | -$2.04M |
|
1299
Abercrombie & Fitch
ANF
$4.42B
| $8.44M | 0.01% |
541,184
-33,362
| -6% | -$557K |
|
|
NCI
1300
DELISTED
Navigant Consulting, Inc.
NCI
| $8.44M | 0.01% |
302,037
-13,533
| -4% | -$357K |
|
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.