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 |
TransDigm Group
TDG
|
+$347M |
| 2 |
Welltower
WELL
|
+$249M |
| 3 |
Camden Property Trust
CPT
|
+$193M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$189M |
| 5 |
Brookfield
BN
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$404M |
| 2 |
Digital Realty Trust
DLR
|
+$251M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$199M |
| 4 |
iShares MBS ETF
MBB
|
+$192M |
| 5 |
Americold
COLD
|
+$163M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.05% |
| 2 | Real Estate | 15.53% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Healthcare | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RWT
1351
Redwood Trust
RWT
$574M
| $6.1M | 0.01% |
870,763
+3,552
| +0.4% | +$17.5K |
|
1352
SL Green Realty
SLG
$3.76B
| $6.04M | 0.01% |
126,598
+6,320
| +5% | +$290K |
|
|
HSKA
1353
DELISTED
Heska Corp
HSKA
| $6.04M | 0.01% |
64,801
+10,123
| +19% | +$780K |
|
1354
John B. Sanfilippo & Son
JBSS
$967M
| $6.01M | 0.01% |
70,453
-550
| -0.8% | -$46.7K |
|
1355
Trinity Industries
TRN
$2.49B
| $6M | 0.01% |
281,643
-8,442
| -3% | -$162K |
|
1356
Simulations Plus
SLP
$369M
| $5.99M | 0.01% |
100,071
+91,412
| +1,056% | +$4.02M |
|
|
NTUS
1357
DELISTED
Natus Medical Inc
NTUS
| $5.98M | 0.01% |
273,892
-4,470
| -2% | -$102K |
|
|
UFS
1358
DELISTED
DOMTAR CORPORATION (New)
UFS
| $5.96M | 0.01% |
282,362
-682
| -0.2% | -$14.8K |
|
1359
Tactile Systems Technology
TCMD
$635M
| $5.95M | 0.01% |
143,649
-713
| -0.5% | -$33.4K |
|
|
BRKL
1360
DELISTED
Brookline Bancorp
BRKL
| $5.95M | 0.01% |
590,255
-15,739
| -3% | -$157K |
|
1361
Nu Skin
NUS
$252M
| $5.94M | 0.01% |
155,365
-9,113
| -6% | -$293K |
|
1362
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $5.92M | 0.01% |
166,540
-57,495
| -26% | -$1.91M |
|
1363
Tompkins Financial
TMP
$1.43B
| $5.92M | 0.01% |
91,425
-1,651
| -2% | -$108K |
|
1364
Benchmark Electronics
BHE
$2.87B
| $5.88M | 0.01% |
272,373
-13,476
| -5% | -$282K |
|
1365
NETSCOUT
NTCT
$2.96B
| $5.88M | 0.01% |
229,841
+34,833
| +18% | +$900K |
|
1366
Oxford Industries
OXM
$566M
| $5.83M | 0.01% |
132,560
-5,051
| -4% | -$210K |
|
|
PRA
1367
DELISTED
ProAssurance
PRA
| $5.82M | 0.01% |
402,159
-5,940
| -1% | -$102K |
|
|
RAVN
1368
DELISTED
Raven Industries Inc
RAVN
| $5.76M | 0.01% |
267,648
-3,658
| -1% | -$77.2K |
|
1369
Edgewell Personal Care
EPC
$1.25B
| $5.75M | 0.01% |
184,444
-3,446
| -2% | -$96.5K |
|
1370
NETGEAR
NTGR
$648M
| $5.71M | 0.01% |
220,700
-8,028
| -4% | -$195K |
|
1371
Papa John's
PZZA
$984M
| $5.69M | 0.01% |
71,656
+6,514
| +10% | +$485K |
|
1372
Hancock Whitney
HWC
$6.2B
| $5.68M | 0.01% |
268,107
+9,465
| +4% | +$195K |
|
|
SPTN
1373
DELISTED
SpartanNash
SPTN
| $5.66M | 0.01% |
266,501
-9,256
| -3% | -$166K |
|
1374
Revolve Group
RVLV
$1.8B
| $5.66M | 0.01% |
380,977
+108,610
| +40% | +$1.43M |
|
1375
Amphastar Pharmaceuticals
AMPH
$879M
| $5.66M | 0.01% |
251,888
-8,074
| -3% | -$148K |
|
Similar funds
Principal Financial Group's Q2 2020 Portfolio in Review
As of Q2 2020, Principal Financial Group held 2,420 positions worth $114B, up 26% from $90.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group deployed $4.35B of net new capital in Q2 2020, opening 221 new positions and adding to 1,222 existing holdings. Its largest new stake was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Real Estate and Financials.
On the sell side, the largest reduction was Alibaba, an estimated $404M trimmed.
- Principal Financial Group's largest Q2 2020 buy was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
- Principal Financial Group added most to TransDigm Group in Q2 2020, an estimated $347M increase.
- Principal Financial Group's biggest Q2 2020 reduction was Alibaba, cutting an estimated $404M.
- Principal Financial Group fully exited iShares MBS ETF in Q2 2020, selling an estimated $192M.
- Principal Financial Group's ten largest holdings make up 15% of its $114B portfolio in Q2 2020.
- Principal Financial Group opened 221 new positions and closed 103 in Q2 2020.
- Principal Financial Group's portfolio value rose 26% quarter-over-quarter to $114B.
Based on Principal Financial Group's 13F filing for Q2 2020, filed 5 Aug 2020.