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 |
Martin Marietta Materials
MLM
|
+$381M |
| 2 |
Apple
AAPL
|
+$352M |
| 3 |
Hilton Worldwide
HLT
|
+$309M |
| 4 |
WCN
Waste Connections
WCN
|
+$263M |
| 5 |
Veeva Systems
VEEV
|
+$250M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Tower
AMT
|
+$584M |
| 2 |
Agilent Technologies
A
|
+$258M |
| 3 |
Aon
AON
|
+$208M |
| 4 |
Healthcare Realty
HR
|
+$185M |
| 5 |
Moody's
MCO
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.81% |
| 2 | Financials | 15.97% |
| 3 | Real Estate | 13.93% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Industrials | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1326
First Commonwealth Financial
FCF
$2.19B
| $9.24M | 0.01% |
538,964
+36,001
| +7% | +$590K |
|
1327
JetBlue
JBLU
$2.4B
| $9.23M | 0.01% |
1,407,144
-267,355
| -16% | -$1.51M |
|
|
HI
1328
DELISTED
Hillenbrand
HI
| $9.22M | 0.01% |
331,603
-15,531
| -4% | -$546K |
|
1329
DraftKings
DKNG
$10.8B
| $9.2M | 0.01% |
234,768
+29,991
| +15% | +$1.08M |
|
|
TXNM
1330
TXNM Energy Inc
TXNM
$5.91B
| $9.19M | 0.01% |
209,912
-92,572
| -31% | -$3.76M |
|
1331
Winnebago Industries
WGO
$904M
| $9.18M | 0.01% |
157,991
-8,587
| -5% | -$492K |
|
1332
Edgewell Personal Care
EPC
$1.35B
| $9.14M | 0.01% |
251,422
+7,018
| +3% | +$271K |
|
1333
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.85B
| $9.09M | 0.01% |
157,622
+13,625
| +9% | +$759K |
|
|
MZTI
1334
The Marzetti Company
MZTI
$3.05B
| $9.05M | ﹤0.01% |
51,246
-21,433
| -29% | -$3.94M |
|
1335
Rogers Corp
ROG
$2.36B
| $9.03M | ﹤0.01% |
79,917
-11,119
| -12% | -$1.24M |
|
1336
Fox Factory Holding Corp
FOXF
$830M
| $9.01M | ﹤0.01% |
217,005
-4,198
| -2% | -$182K |
|
1337
LivaNova
LIVN
$4.29B
| $9.01M | ﹤0.01% |
171,402
-41,335
| -19% | -$2.05M |
|
1338
Valley National Bancorp
VLY
$8.17B
| $9M | ﹤0.01% |
993,030
-441,775
| -31% | -$3.59M |
|
1339
Invesco
IVZ
$14.1B
| $8.99M | ﹤0.01% |
511,850
+16,473
| +3% | +$270K |
|
1340
International Bancshares
IBOC
$4.72B
| $8.96M | ﹤0.01% |
149,893
-53,510
| -26% | -$3.29M |
|
1341
MSC Industrial Direct
MSM
$7.01B
| $8.96M | ﹤0.01% |
104,109
-47,804
| -31% | -$3.91M |
|
1342
Franklin FTSE India ETF
FLIN
$2.68B
| $8.93M | ﹤0.01% |
213,051
+144,743
| +212% | +$5.91M |
|
1343
NeoGenomics
NEO
$2.02B
| $8.91M | ﹤0.01% |
604,394
-26,000
| -4% | -$407K |
|
1344
Supernus Pharmaceuticals
SUPN
$2.73B
| $8.9M | ﹤0.01% |
285,411
+14,566
| +5% | +$455K |
|
1345
LiveRamp
RAMP
$2.3B
| $8.88M | ﹤0.01% |
358,505
-470
| -0.1% | -$12.8K |
|
1346
MillerKnoll
MLKN
$1.63B
| $8.88M | ﹤0.01% |
358,529
+5,155
| +1% | +$143K |
|
1347
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.21B
| $8.84M | ﹤0.01% |
658,320
+48,490
| +8% | +$653K |
|
1348
City Holding Co
CHCO
$2.05B
| $8.84M | ﹤0.01% |
75,284
-5,273
| -7% | -$610K |
|
1349
Mercury Systems
MRCY
$6.45B
| $8.82M | ﹤0.01% |
238,368
-19,499
| -8% | -$686K |
|
1350
TTM Technologies
TTMI
$13.6B
| $8.77M | ﹤0.01% |
480,528
-21,431
| -4% | -$414K |
|
Similar funds
Principal Financial Group's Q3 2024 Portfolio in Review
As of Q3 2024, Principal Financial Group held 2,450 positions worth $183B, up 8.8% from $168B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Principal Financial Group's Q3 2024 filing shows 89 new, 825 increased, 1,291 reduced and 228 closed positions. Its largest new stake was Lineage Inc: 2,208,682 shares worth $173M. The largest sale was American Tower, an estimated $584M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q3 2024 buy was Lineage Inc: 2,208,682 shares worth $173M.
- Principal Financial Group added most to Martin Marietta Materials in Q3 2024, an estimated $381M increase.
- Principal Financial Group's biggest Q3 2024 reduction was American Tower, cutting an estimated $584M.
- Principal Financial Group fully exited Cemex in Q3 2024, selling an estimated $128M.
- Principal Financial Group's ten largest holdings make up 19% of its $183B portfolio in Q3 2024.
- Principal Financial Group opened 89 new positions and closed 228 in Q3 2024.
- Principal Financial Group's portfolio value rose 8.8% quarter-over-quarter to $183B.
Based on Principal Financial Group's 13F filing for Q3 2024, filed 31 Oct 2024.