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 |
Linde
LIN
|
+$219M |
| 2 |
TCO
Taubman Centers Inc.
TCO
|
+$96.5M |
| 3 |
WIX.com
WIX
|
+$96.5M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$84.9M |
| 5 |
American Homes 4 Rent
AMH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ross Stores
ROST
|
+$250M |
| 2 |
Simon Property Group
SPG
|
+$202M |
| 3 |
PX
Praxair Inc
PX
|
+$171M |
| 4 |
Alibaba
BABA
|
+$160M |
| 5 |
O'Reilly Automotive
ORLY
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.05% |
| 3 | Technology | 13.99% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Healthcare | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XLRN
1426
DELISTED
Acceleron Pharma
XLRN
| $6.15M | 0.01% |
141,199
-9,945
| -7% | -$497K |
|
1427
Hain Celestial
HAIN
$45M
| $6.12M | 0.01% |
385,748
-4,480
| -1% | -$99.7K |
|
1428
Alamo Group
ALG
$1.94B
| $6.08M | 0.01% |
78,639
-3,045
| -4% | -$254K |
|
1429
Compass Minerals
CMP
$1.23B
| $6.07M | 0.01% |
145,638
-6,722
| -4% | -$354K |
|
|
TLRD
1430
DELISTED
Tailored Brands, Inc.
TLRD
| $6.05M | 0.01% |
443,573
+16,642
| +4% | +$343K |
|
1431
Wabash National
WNC
$512M
| $6M | 0.01% |
458,498
-5,042
| -1% | -$74.4K |
|
1432
Installed Building Products
IBP
$6.01B
| $5.98M | 0.01% |
177,454
-1,183
| -0.7% | -$41.1K |
|
1433
Pitney Bowes
PBI
$2.4B
| $5.96M | 0.01% |
1,008,455
+71,348
| +8% | +$514K |
|
1434
Extreme Networks
EXTR
$3.94B
| $5.96M | 0.01% |
976,868
-92,847
| -9% | -$539K |
|
|
BID
1435
DELISTED
Sotheby's
BID
| $5.95M | 0.01% |
149,727
-29,815
| -17% | -$1.22M |
|
|
HT
1436
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $5.95M | 0.01% |
339,193
+46,663
| +16% | +$871K |
|
|
DAY
1437
DELISTED
Dayforce
DAY
| $5.94M | 0.01% |
172,291
+87,091
| +102% | +$3.25M |
|
1438
AdvanSix
ASIX
$541M
| $5.94M | 0.01% |
243,993
-8,990
| -4% | -$250K |
|
|
NXGN
1439
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $5.91M | 0.01% |
390,200
-8,132
| -2% | -$140K |
|
1440
Onto Innovation
ONTO
$12.9B
| $5.9M | 0.01% |
215,752
+20,860
| +11% | +$643K |
|
1441
Enova International
ENVA
$6.33B
| $5.89M | 0.01% |
302,828
-174,396
| -37% | -$3.97M |
|
1442
Shutterstock
SSTK
$198M
| $5.88M | 0.01% |
163,408
+9,981
| +7% | +$408K |
|
|
QEP
1443
DELISTED
QEP RESOURCES, INC.
QEP
| $5.87M | 0.01% |
1,042,000
-23,181
| -2% | -$204K |
|
1444
MGP Ingredients
MGPI
$379M
| $5.86M | 0.01% |
102,635
-5,511
| -5% | -$372K |
|
1445
Upbound Group
UPBD
$1.13B
| $5.84M | 0.01% |
360,608
+2,014
| +0.6% | +$29.2K |
|
1446
Cars.com
CARS
$662M
| $5.84M | 0.01% |
271,437
-8,121
| -3% | -$203K |
|
|
AKS
1447
DELISTED
AK Steel Holding Corp
AKS
| $5.83M | 0.01% |
2,589,540
+12,410
| +0.5% | +$44.9K |
|
1448
SiriusPoint
SPNT
$2.75B
| $5.82M | 0.01% |
603,981
-31,511
| -5% | -$338K |
|
1449
Warner Bros
WBD
$65.9B
| $5.82M | 0.01% |
235,321
-2,884
| -1% | -$87.8K |
|
|
MTSC
1450
DELISTED
MTS Systems Corp
MTSC
| $5.82M | 0.01% |
145,079
+870
| +0.6% | +$41.9K |
|
Similar funds
Principal Financial Group's Q4 2018 Portfolio in Review
As of Q4 2018, Principal Financial Group held 2,412 positions worth $93.8B, down 17% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group withdrew a net $4.07B in Q4 2018, closing 172 positions and reducing 1,316 holdings. Its most notable exit was Praxair Inc, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
Against the trend, Principal Financial Group opened a new position in Linde worth $216M.
- Principal Financial Group's largest Q4 2018 buy was Linde: 1,382,859 shares worth $216M.
- Principal Financial Group added most to Taubman Centers Inc. in Q4 2018, an estimated $96.5M increase.
- Principal Financial Group's biggest Q4 2018 reduction was Ross Stores, cutting an estimated $250M.
- Principal Financial Group fully exited Praxair Inc in Q4 2018, selling an estimated $171M.
- Principal Financial Group's ten largest holdings make up 11% of its $93.8B portfolio in Q4 2018.
- Principal Financial Group opened 124 new positions and closed 172 in Q4 2018.
- Principal Financial Group's portfolio value fell 17% quarter-over-quarter to $93.8B.
Based on Principal Financial Group's 13F filing for Q4 2018, filed 14 Feb 2019.