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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Abercrombie & Fitch
ANF
$4.86B
| $6.21M | 0.01% |
446,165
-13,907
| -3% | -$162K |
|
|
INVX
1352
Innovex International
INVX
$2.13B
| $6.21M | 0.01% |
250,787
-11,083
| -4% | -$353K |
|
1353
Perdoceo Education
PRDO
$2.06B
| $6.21M | 0.01% |
507,136
-22,317
| -4% | -$324K |
|
|
RWT
1354
Redwood Trust
RWT
$574M
| $6.18M | 0.01% |
822,184
-48,579
| -6% | -$344K |
|
1355
Lantheus
LNTH
$6.63B
| $6.18M | 0.01% |
487,920
-16,281
| -3% | -$223K |
|
1356
Wabash National
WNC
$518M
| $6.17M | 0.01% |
515,849
+48,283
| +10% | +$568K |
|
1357
FB Financial Corp
FBK
$3.09B
| $6.17M | 0.01% |
245,410
+231,908
| +1,718% | +$6M |
|
1358
UMB Financial
UMBF
$11.2B
| $6.16M | 0.01% |
125,669
-5,869
| -4% | -$296K |
|
|
UCTT
1359
Ultra Clean Holdings
UCTT
$3.63B
| $6.16M | 0.01% |
286,894
-12,610
| -4% | -$306K |
|
|
KRA
1360
DELISTED
Kraton Corporation
KRA
| $6.12M | 0.01% |
343,192
-11,088
| -3% | -$179K |
|
|
TRHC
1361
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $6.09M | 0.01% |
149,447
-3,581
| -2% | -$178K |
|
1362
Invesco
IVZ
$14.1B
| $6.09M | 0.01% |
533,841
-77,049
| -13% | -$816K |
|
1363
Regenxbio
RGNX
$672M
| $6.09M | 0.01% |
221,139
-28,786
| -12% | -$938K |
|
|
VIVO
1364
DELISTED
Meridian Bioscience Inc
VIVO
| $6.06M | 0.01% |
356,810
+10,104
| +3% | +$196K |
|
|
DHC
1365
Diversified Healthcare Trust
DHC
$2.22B
| $6.05M | 0.01% |
1,720,018
-83,851
| -5% | -$327K |
|
|
BLUE
1366
DELISTED
bluebird bio
BLUE
| $6.04M | 0.01% |
8,644
-61
| -0.7% | -$47.6K |
|
|
GDEN
1367
DELISTED
Golden Entertainment
GDEN
| $6.04M | 0.01% |
436,712
-3,378
| -0.8% | -$37.9K |
|
1368
Enanta Pharmaceuticals
ENTA
$384M
| $6.03M | 0.01% |
131,793
+6,560
| +5% | +$318K |
|
|
PRA
1369
DELISTED
ProAssurance
PRA
| $6.03M | 0.01% |
385,460
-16,699
| -4% | -$249K |
|
1370
Dave & Buster's
PLAY
$364M
| $6.02M | 0.01% |
396,868
+12,561
| +3% | +$185K |
|
1371
Sabre
SABR
$838M
| $6.01M | 0.01% |
922,554
-89,384
| -9% | -$662K |
|
1372
Zoom
ZM
$29.5B
| $6M | 0.01% |
12,770
-4,885
| -28% | -$1.56M |
|
|
CSR
1373
Centerspace
CSR
$956M
| $5.98M | 0.01% |
91,748
+882
| +1% | +$61.9K |
|
1374
StoneX
SNEX
$9.2B
| $5.98M | 0.01% |
591,553
-26,943
| -4% | -$295K |
|
1375
PVH
PVH
$4.01B
| $5.98M | 0.01% |
100,222
-7,014
| -7% | -$386K |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.