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 | |
|---|---|---|---|---|---|---|
|
KYNB
1376
Kyntra Bio
KYNB
$27.4M
| $7.54M | 0.01% |
6,680
+965
| +17% | +$1.06M |
|
|
SLCA
1377
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $7.54M | 0.01% |
589,906
+2,059
| +0.4% | +$28.1K |
|
1378
Southern Copper
SCCO
$138B
| $7.54M | 0.01% |
209,394
+76,034
| +57% | +$2.65M |
|
|
QEP
1379
DELISTED
QEP RESOURCES, INC.
QEP
| $7.54M | 0.01% |
1,042,930
+20,894
| +2% | +$152K |
|
|
NRE
1380
DELISTED
NorthStar Realty Europe Corp.
NRE
| $7.5M | 0.01% |
456,801
+56,510
| +14% | +$957K |
|
|
GCI
1381
DELISTED
Gannett Co., Inc
GCI
| $7.5M | 0.01% |
918,533
-1,354
| -0.1% | -$12K |
|
1382
Leggett & Platt
LEG
$1.4B
| $7.48M | 0.01% |
194,963
-155
| -0.1% | -$6.11K |
|
|
BLUE
1383
DELISTED
bluebird bio
BLUE
| $7.47M | 0.01% |
4,534
+1,300
| +40% | +$2.25M |
|
1384
Scholastic
SCHL
$774M
| $7.42M | 0.01% |
223,381
-562
| -0.3% | -$21K |
|
1385
Central Pacific Financial
CPF
$1.02B
| $7.4M | 0.01% |
247,016
+15,124
| +7% | +$441K |
|
1386
TripAdvisor
TRIP
$1.7B
| $7.39M | 0.01% |
159,726
-15,420
| -9% | -$752K |
|
1387
ON Semiconductor
ON
$30.7B
| $7.39M | 0.01% |
365,619
+42,168
| +13% | +$871K |
|
|
TIVO
1388
DELISTED
Tivo Inc
TIVO
| $7.38M | 0.01% |
1,001,760
-1,116
| -0.1% | -$8.96K |
|
|
CIR
1389
DELISTED
CIRCOR International, Inc
CIR
| $7.34M | 0.01% |
159,584
+17
| +0% | +$658 |
|
|
ENDP
1390
DELISTED
Endo International plc
ENDP
| $7.32M | 0.01% |
1,777,473
+21,197
| +1% | +$134K |
|
|
LMNX
1391
DELISTED
Luminex Corp
LMNX
| $7.32M | 0.01% |
354,627
+9,752
| +3% | +$214K |
|
|
NCI
1392
DELISTED
Navigant Consulting, Inc.
NCI
| $7.32M | 0.01% |
315,570
-28,365
| -8% | -$627K |
|
1393
Standard Motor Products
SMP
$902M
| $7.32M | 0.01% |
161,377
-878
| -0.5% | -$42K |
|
1394
CTS Corp
CTS
$1.76B
| $7.31M | 0.01% |
265,149
+462
| +0.2% | +$13.3K |
|
|
FARO
1395
DELISTED
Faro Technologies
FARO
| $7.31M | 0.01% |
138,981
+339
| +0.2% | +$17.1K |
|
|
TRHC
1396
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $7.31M | 0.01% |
146,367
-9,320
| -6% | -$464K |
|
1397
Wabash National
WNC
$504M
| $7.29M | 0.01% |
448,102
+1,338
| +0.3% | +$19.7K |
|
1398
Keurig Dr Pepper
KDP
$42.8B
| $7.28M | 0.01% |
252,052
-126,747
| -33% | -$3.61M |
|
|
ESV
1399
DELISTED
Ensco Rowan plc
ESV
| $7.26M | 0.01% |
851,763
+379,112
| +80% | +$4.38M |
|
1400
Warner Bros
WBD
$64.3B
| $7.25M | 0.01% |
236,242
+986
| +0.4% | +$28.7K |
|
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.