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 |
CoStar Group
CSGP
|
+$351M |
| 2 |
Digital Realty Trust
DLR
|
+$234M |
| 3 |
American Tower
AMT
|
+$214M |
| 4 |
AvalonBay Communities
AVB
|
+$158M |
| 5 |
COR
Coresite Realty Corporation
COR
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$358M |
| 2 |
Welltower
WELL
|
+$234M |
| 3 |
Wayfair
W
|
+$187M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$173M |
| 5 |
Host Hotels & Resorts
HST
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.28% |
| 2 | Real Estate | 16.9% |
| 3 | Financials | 15.46% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Healthcare | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1451
HNI Corp
HNI
$3.52B
| $3.22M | ﹤0.01% |
127,680
-62,563
| -33% | -$2.08M |
|
|
DCOM
1452
DELISTED
Dime Community Bancshares
DCOM
| $3.21M | ﹤0.01% |
234,270
-9,363
| -4% | -$166K |
|
|
UBA
1453
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $3.2M | ﹤0.01% |
227,087
-9,076
| -4% | -$187K |
|
1454
Kelly Services Class A
KELYA
$544M
| $3.19M | ﹤0.01% |
251,776
-10,413
| -4% | -$181K |
|
1455
Community Health Systems
CYH
$415M
| $3.19M | ﹤0.01% |
956,213
-36,786
| -4% | -$149K |
|
1456
E.W. Scripps
SSP
$270M
| $3.19M | ﹤0.01% |
423,622
-17,057
| -4% | -$210K |
|
1457
Urban Outfitters
URBN
$6.65B
| $3.15M | ﹤0.01% |
221,306
-94,360
| -30% | -$2.19M |
|
1458
Alnylam Pharmaceuticals
ALNY
$28.9B
| $3.15M | ﹤0.01% |
28,917
+1,478
| +5% | +$171K |
|
|
ETRN
1459
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $3.1M | ﹤0.01% |
616,495
-270,621
| -31% | -$2.37M |
|
1460
Pilgrim's Pride
PPC
$6.55B
| $3.09M | ﹤0.01% |
170,772
-61,814
| -27% | -$1.51M |
|
|
DCH
1461
Dauch Corp
DCH
$1.35B
| $3.08M | ﹤0.01% |
854,482
-38,744
| -4% | -$288K |
|
|
CMO
1462
DELISTED
Capstead Mortgage Corp.
CMO
| $3.06M | ﹤0.01% |
727,921
-19,523
| -3% | -$139K |
|
1463
Carpenter Technology
CRS
$27.6B
| $3.06M | ﹤0.01% |
156,651
-61,248
| -28% | -$2.28M |
|
1464
BancFirst
BANF
$3.81B
| $3.05M | ﹤0.01% |
91,531
-956
| -1% | -$49.8K |
|
1465
Tredegar Corp
TG
$269M
| $3.05M | ﹤0.01% |
194,883
-7,462
| -4% | -$139K |
|
|
HSKA
1466
DELISTED
Heska Corp
HSKA
| $3.02M | ﹤0.01% |
54,678
-2,120
| -4% | -$192K |
|
1467
CNX Resources
CNX
$5.2B
| $3.01M | ﹤0.01% |
566,400
-236,834
| -29% | -$1.57M |
|
1468
Boot Barn
BOOT
$4.98B
| $3.01M | ﹤0.01% |
232,892
-8,897
| -4% | -$284K |
|
1469
Urban Edge Properties
UE
$2.71B
| $3M | ﹤0.01% |
340,370
-148,590
| -30% | -$2.44M |
|
1470
Buckle
BKE
$2.36B
| $3M | ﹤0.01% |
218,603
-8,960
| -4% | -$202K |
|
|
HOUS
1471
DELISTED
Anywhere Real Estate
HOUS
| $2.99M | ﹤0.01% |
993,837
-23,199
| -2% | -$204K |
|
1472
RE/MAX Holdings
RMAX
$232M
| $2.98M | ﹤0.01% |
136,096
-5,598
| -4% | -$182K |
|
1473
AngioDynamics
ANGO
$624M
| $2.98M | ﹤0.01% |
285,918
-13,385
| -4% | -$168K |
|
1474
Wabash National
WNC
$509M
| $2.97M | ﹤0.01% |
410,948
-19,622
| -5% | -$220K |
|
1475
Terex
TEX
$7.46B
| $2.95M | ﹤0.01% |
205,667
-72,843
| -26% | -$1.65M |
|
Similar funds
Principal Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Principal Financial Group held 2,294 positions worth $90.3B, down 25% from $120B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2020 filing shows 64 new, 735 increased, 1,378 reduced and 95 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M. The largest sale was Interxion Holding N.V., an estimated $358M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M.
- Principal Financial Group added most to CoStar Group in Q1 2020, an estimated $351M increase.
- Principal Financial Group's biggest Q1 2020 reduction was Welltower, cutting an estimated $234M.
- Principal Financial Group fully exited Interxion Holding N.V. in Q1 2020, selling an estimated $358M.
- Principal Financial Group's ten largest holdings make up 14% of its $90.3B portfolio in Q1 2020.
- Principal Financial Group opened 64 new positions and closed 95 in Q1 2020.
- Principal Financial Group's portfolio value fell 25% quarter-over-quarter to $90.3B.
Based on Principal Financial Group's 13F filing for Q1 2020, filed 12 May 2020.