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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1326
Quanta Services
PWR
$98.7B
| $8.25M | 0.01% |
216,130
+5,882
| +3% | +$223K |
|
1327
Commault Systems
CVLT
$4.82B
| $8.24M | 0.01% |
166,015
-8,121
| -5% | -$432K |
|
1328
Rollins
ROL
$18.5B
| $8.24M | 0.01% |
344,484
+2,274
| +0.7% | +$58.6K |
|
|
CATM
1329
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $8.22M | 0.01% |
300,885
-229
| -0.1% | -$7.44K |
|
1330
Genworth Financial
GNW
$3.81B
| $8.2M | 0.01% |
2,208,976
-7,547
| -0.3% | -$26.7K |
|
1331
Tompkins Financial
TMP
$1.42B
| $8.12M | 0.01% |
99,487
-206
| -0.2% | -$16.3K |
|
1332
Brinker International
EAT
$9B
| $8.11M | 0.01% |
206,166
-6,572
| -3% | -$271K |
|
|
BPFH
1333
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $8.11M | 0.01% |
671,906
-1,236
| -0.2% | -$13.9K |
|
1334
Orthofix Medical
OFIX
$477M
| $8.09M | 0.01% |
152,921
-6,554
| -4% | -$349K |
|
1335
Compass Minerals
CMP
$1.25B
| $8.05M | 0.01% |
146,594
+124
| +0.1% | +$6.85K |
|
1336
Prestige Consumer Healthcare
PBH
$2.37B
| $8.04M | 0.01% |
253,659
-285,814
| -53% | -$8.49M |
|
1337
IPG Photonics
IPGP
$3.6B
| $8.03M | 0.01% |
52,070
+866
| +2% | +$131K |
|
1338
Dycom Industries
DY
$12.5B
| $8.02M | 0.01% |
136,215
+266
| +0.2% | +$13.6K |
|
|
CPE
1339
DELISTED
Callon Petroleum Company
CPE
| $8.02M | 0.01% |
121,681
+7,334
| +6% | +$529K |
|
|
KRA
1340
DELISTED
Kraton Corporation
KRA
| $7.98M | 0.01% |
256,772
+234
| +0.1% | +$7.07K |
|
|
AGS
1341
DELISTED
PlayAGS
AGS
| $7.96M | 0.01% |
409,104
+36,104
| +10% | +$777K |
|
1342
The Greenbrier Companies
GBX
$1.52B
| $7.9M | 0.01% |
259,903
-27,761
| -10% | -$881K |
|
1343
Heritage Financial
HFWA
$1.21B
| $7.87M | 0.01% |
266,343
-50,869
| -16% | -$1.53M |
|
1344
News Corp Class A
NWSA
$15.2B
| $7.84M | 0.01% |
581,175
+790
| +0.1% | +$9.65K |
|
|
ARR
1345
Armour Residential REIT
ARR
$2.33B
| $7.84M | 0.01% |
84,077
-10,243
| -11% | -$963K |
|
1346
Modine Manufacturing
MOD
$10.3B
| $7.83M | 0.01% |
547,341
-18,318
| -3% | -$262K |
|
|
RPT
1347
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $7.8M | 0.01% |
644,443
-189
| -0% | -$2.33K |
|
1348
Macerich
MAC
$7.22B
| $7.79M | 0.01% |
232,556
-533
| -0.2% | -$20.9K |
|
1349
Standex International
SXI
$3.48B
| $7.79M | 0.01% |
106,450
+1,843
| +2% | +$130K |
|
1350
Alamo Group
ALG
$1.92B
| $7.78M | 0.01% |
77,805
-64
| -0.1% | -$6.39K |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.