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 | |
|---|---|---|---|---|---|---|
1351
3D Systems Corp
DDD
$431M
| $7.59M | 0.01% |
931,898
-3,982
| -0.4% | -$32.1K |
|
|
AHRT
1352
AH Realty Trust
AHRT
$529M
| $7.56M | 0.01% |
417,884
-2,524
| -0.6% | -$43.7K |
|
1353
Enanta Pharmaceuticals
ENTA
$366M
| $7.55M | 0.01% |
125,744
-2,038
| -2% | -$151K |
|
1354
Standex International
SXI
$3.59B
| $7.55M | 0.01% |
103,574
-2,876
| -3% | -$199K |
|
|
TIVO
1355
DELISTED
Tivo Inc
TIVO
| $7.55M | 0.01% |
992,055
-9,705
| -1% | -$74.2K |
|
|
BIG
1356
DELISTED
Big Lots, Inc.
BIG
| $7.55M | 0.01% |
308,077
-11,913
| -4% | -$284K |
|
1357
Universal Insurance Holdings
UVE
$1.22B
| $7.51M | 0.01% |
250,440
-7,648
| -3% | -$209K |
|
|
VAL
1358
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $7.51M | 0.01% |
+1,560,674
| New | +$8.39M |
|
1359
Resideo Technologies
REZI
$5.19B
| $7.49M | 0.01% |
521,585
-20,357
| -4% | -$341K |
|
1360
Rollins
ROL
$18.3B
| $7.48M | 0.01% |
329,214
-15,270
| -4% | -$351K |
|
1361
Usana Health Sciences
USNA
$408M
| $7.47M | 0.01% |
109,244
-4,581
| -4% | -$308K |
|
|
WW
1362
DELISTED
WW International
WW
| $7.46M | 0.01% |
197,235
+29,108
| +17% | +$822K |
|
1363
Designer Brands
DBI
$307M
| $7.45M | 0.01% |
435,185
-24,973
| -5% | -$424K |
|
|
DCH
1364
Dauch Corp
DCH
$1.34B
| $7.33M | 0.01% |
892,272
-16,850
| -2% | -$153K |
|
1365
Marcus & Millichap
MMI
$1.16B
| $7.33M | 0.01% |
206,558
+14,359
| +7% | +$490K |
|
1366
ON Semiconductor
ON
$31.8B
| $7.32M | 0.01% |
381,237
+15,618
| +4% | +$300K |
|
1367
Hain Celestial
HAIN
$45M
| $7.32M | 0.01% |
340,859
-46,669
| -12% | -$977K |
|
1368
Stewart Information Services
STC
$2.06B
| $7.3M | 0.01% |
188,287
-3,054
| -2% | -$114K |
|
1369
Encore Capital Group
ECPG
$2.02B
| $7.27M | 0.01% |
218,177
+12,039
| +6% | +$423K |
|
|
LMNX
1370
DELISTED
Luminex Corp
LMNX
| $7.25M | 0.01% |
350,849
-3,778
| -1% | -$78.6K |
|
|
GAP
1371
The Gap Inc
GAP
$7.23B
| $7.24M | 0.01% |
417,015
+37,929
| +10% | +$674K |
|
1372
Terex
TEX
$7.18B
| $7.23M | 0.01% |
278,228
+7,139
| +3% | +$196K |
|
1373
Macy's
M
$6.53B
| $7.21M | 0.01% |
464,212
+6,145
| +1% | +$114K |
|
1374
BJ's Restaurants
BJRI
$1.42B
| $7.21M | 0.01% |
185,722
-2,303
| -1% | -$88.8K |
|
1375
Mercado Libre
MELI
$95.2B
| $7.2M | 0.01% |
13,060
+476
| +4% | +$289K |
|
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.