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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
Genworth Financial
GNW
$3.76B
| $9.62M | 0.01% |
2,185,661
+6,828
| +0.3% | +$28.7K |
|
|
DCH
1277
Dauch Corp
DCH
$1.34B
| $9.61M | 0.01% |
893,226
+954
| +0.1% | +$9.08K |
|
|
FOE
1278
DELISTED
Ferro Corporation
FOE
| $9.6M | 0.01% |
647,593
-10,496
| -2% | -$135K |
|
1279
Invesco
IVZ
$13.1B
| $9.6M | 0.01% |
534,056
-33,556
| -6% | -$572K |
|
1280
Matthews International
MATW
$866M
| $9.59M | 0.01% |
251,127
-1,893
| -0.7% | -$69.4K |
|
|
RPT
1281
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.55M | 0.01% |
635,016
+504
| +0.1% | +$7.2K |
|
|
NTUS
1282
DELISTED
Natus Medical Inc
NTUS
| $9.53M | 0.01% |
288,763
+14,061
| +5% | +$451K |
|
|
WLL
1283
DELISTED
Whiting Petroleum Corporation
WLL
| $9.52M | 0.01% |
17,284
+1,264
| +8% | +$611K |
|
1284
Strategy Inc
MSTR
$34.1B
| $9.51M | 0.01% |
666,380
+930
| +0.1% | +$13.8K |
|
|
PDCO
1285
DELISTED
Patterson Companies, Inc.
PDCO
| $9.43M | 0.01% |
460,328
+15,376
| +3% | +$291K |
|
1286
Varex Imaging
VREX
$472M
| $9.4M | 0.01% |
315,433
-871
| -0.3% | -$26K |
|
1287
Urban Edge Properties
UE
$2.86B
| $9.38M | 0.01% |
488,960
+17
| +0% | +$344 |
|
|
NP
1288
DELISTED
Neenah, Inc. Common Stock
NP
| $9.36M | 0.01% |
132,851
-3,311
| -2% | -$225K |
|
1289
Synaptics
SYNA
$4.19B
| $9.35M | 0.01% |
142,082
+2,291
| +2% | +$121K |
|
1290
Scholastic
SCHL
$767M
| $9.34M | 0.01% |
242,854
-431
| -0.2% | -$16.2K |
|
|
BBBY
1291
DELISTED
Bed Bath & Beyond Inc
BBBY
| $9.33M | 0.01% |
539,219
-5,188
| -1% | -$72.7K |
|
1292
Patrick Industries
PATK
$2.74B
| $9.31M | 0.01% |
266,313
-905
| -0.3% | -$29.4K |
|
1293
Minerals Technologies
MTX
$2.36B
| $9.3M | 0.01% |
161,342
+1,216
| +0.8% | +$65.4K |
|
1294
Lindsay Corp
LNN
$1.13B
| $9.29M | 0.01% |
96,735
+1,371
| +1% | +$125K |
|
1295
ePlus
PLUS
$2.42B
| $9.27M | 0.01% |
219,846
+5,496
| +3% | +$224K |
|
|
ATH
1296
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $9.24M | 0.01% |
196,396
-156,625
| -44% | -$6.81M |
|
1297
Flowserve
FLS
$9.71B
| $9.23M | 0.01% |
185,492
-10,052
| -5% | -$481K |
|
1298
Trinity Industries
TRN
$2.49B
| $9.23M | 0.01% |
416,726
-17,793
| -4% | -$363K |
|
1299
M/I Homes
MHO
$3.74B
| $9.21M | 0.01% |
233,995
+16,170
| +7% | +$676K |
|
1300
O-I Glass
OI
$1.1B
| $9.13M | 0.01% |
765,651
-41,668
| -5% | -$416K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.