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 | |
|---|---|---|---|---|---|---|
1401
S&T Bancorp
STBA
$1.85B
| $5.52M | ﹤0.01% |
312,277
+11,148
| +4% | +$232K |
|
1402
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.3B
| $5.52M | ﹤0.01% |
196,887
+45,339
| +30% | +$1.29M |
|
|
RAVN
1403
DELISTED
Raven Industries Inc
RAVN
| $5.52M | ﹤0.01% |
256,394
-11,254
| -4% | -$260K |
|
1404
Edgewell Personal Care
EPC
$1.35B
| $5.51M | ﹤0.01% |
197,824
+13,380
| +7% | +$397K |
|
1405
Ralph Lauren
RL
$22.7B
| $5.51M | ﹤0.01% |
81,121
-16,962
| -17% | -$1.21M |
|
|
PLC
1406
DELISTED
Principal Exchange-Traded Funds Principal U.S. Large-Cap Multi-Factor ETF
PLC
| $5.49M | ﹤0.01% |
199,921
| – | – |
|
1407
Southside Bancshares
SBSI
$973M
| $5.48M | ﹤0.01% |
224,465
-7,306
| -3% | -$197K |
|
1408
First Commonwealth Financial
FCF
$2.19B
| $5.44M | ﹤0.01% |
702,931
-42,163
| -6% | -$335K |
|
|
CBB
1409
DELISTED
Cincinnati Bell Inc.
CBB
| $5.44M | ﹤0.01% |
362,517
-15,145
| -4% | -$227K |
|
1410
BJ's Restaurants
BJRI
$1.44B
| $5.43M | ﹤0.01% |
184,342
+4,823
| +3% | +$124K |
|
1411
Custom Truck One Source
CTOS
$2.51B
| $5.43M | ﹤0.01% |
1,307,749
+4,334
| +0.3% | +$16.8K |
|
1412
Oxford Industries
OXM
$580M
| $5.36M | ﹤0.01% |
132,799
+239
| +0.2% | +$10.8K |
|
|
MDP
1413
DELISTED
Meredith Corporation
MDP
| $5.31M | ﹤0.01% |
404,852
+40,564
| +11% | +$567K |
|
1414
Mercury Insurance
MCY
$6.07B
| $5.29M | ﹤0.01% |
127,775
-51,481
| -29% | -$2.21M |
|
1415
Axcelis
ACLS
$4.2B
| $5.27M | ﹤0.01% |
239,369
-6,171
| -3% | -$157K |
|
1416
Benchmark Electronics
BHE
$3.02B
| $5.26M | ﹤0.01% |
261,184
-11,189
| -4% | -$227K |
|
1417
John B. Sanfilippo & Son
JBSS
$996M
| $5.26M | ﹤0.01% |
69,775
-678
| -1% | -$56.5K |
|
1418
Veeva Systems
VEEV
$34.7B
| $5.24M | ﹤0.01% |
18,632
-2,239
| -11% | -$590K |
|
1419
Warner Bros
WBD
$65.1B
| $5.23M | ﹤0.01% |
240,233
-14,455
| -6% | -$316K |
|
|
UHT
1420
Universal Health Realty Income Trust
UHT
$589M
| $5.23M | ﹤0.01% |
91,728
-2,939
| -3% | -$198K |
|
1421
Matthews International
MATW
$857M
| $5.17M | ﹤0.01% |
231,236
-6,292
| -3% | -$135K |
|
1422
Artivion
AORT
$1.27B
| $5.16M | ﹤0.01% |
279,448
-11,462
| -4% | -$219K |
|
1423
Archrock
AROC
$5.95B
| $5.16M | ﹤0.01% |
958,202
-36,735
| -4% | -$240K |
|
1424
Cohu
COHU
$2.45B
| $5.15M | ﹤0.01% |
299,861
-12,035
| -4% | -$210K |
|
1425
Belden
BDC
$5.01B
| $5.13M | ﹤0.01% |
164,994
+31,468
| +24% | +$1.04M |
|
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.