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 |
TransDigm Group
TDG
|
+$347M |
| 2 |
Welltower
WELL
|
+$249M |
| 3 |
Camden Property Trust
CPT
|
+$193M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$189M |
| 5 |
Brookfield
BN
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$404M |
| 2 |
Digital Realty Trust
DLR
|
+$251M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$199M |
| 4 |
iShares MBS ETF
MBB
|
+$192M |
| 5 |
Americold
COLD
|
+$163M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.05% |
| 2 | Real Estate | 15.53% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Healthcare | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1451
Orthofix Medical
OFIX
$496M
| $4.72M | ﹤0.01% |
147,499
+2,937
| +2% | +$97.5K |
|
|
BPYU
1452
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $4.71M | ﹤0.01% |
472,507
+25,574
| +6% | +$257K |
|
1453
Invesco Mortgage Capital
IVR
$757M
| $4.68M | ﹤0.01% |
125,108
+1,352
| +1% | +$46.5K |
|
1454
Vanda Pharmaceuticals
VNDA
$315M
| $4.68M | ﹤0.01% |
408,857
-4,118
| -1% | -$46.6K |
|
|
TRST
1455
Trustco Bank Corp NY
TRST
$975M
| $4.67M | ﹤0.01% |
147,660
-3,671
| -2% | -$109K |
|
1456
Trustmark
TRMK
$2.8B
| $4.66M | ﹤0.01% |
189,838
-29,085
| -13% | -$700K |
|
1457
G-III Apparel Group
GIII
$1.54B
| $4.65M | ﹤0.01% |
350,051
+6,707
| +2% | +$74.1K |
|
1458
Texas Capital Bancshares
TCBI
$4.4B
| $4.65M | ﹤0.01% |
150,656
+1,932
| +1% | +$54.1K |
|
1459
Boot Barn
BOOT
$4.8B
| $4.64M | ﹤0.01% |
215,179
-17,713
| -8% | -$347K |
|
1460
Allogene Therapeutics
ALLO
$635M
| $4.63M | ﹤0.01% |
108,097
-27,068
| -20% | -$979K |
|
1461
Pennant Group
PNTG
$1.4B
| $4.62M | ﹤0.01% |
204,593
+5,345
| +3% | +$112K |
|
1462
Nexstar Media Group
NXST
$5.88B
| $4.59M | ﹤0.01% |
54,888
-31,108
| -36% | -$2.34M |
|
1463
Zumiez
ZUMZ
$345M
| $4.55M | ﹤0.01% |
166,366
+891
| +0.5% | +$20.2K |
|
1464
Anika Therapeutics
ANIK
$277M
| $4.55M | ﹤0.01% |
120,690
+5,698
| +5% | +$188K |
|
1465
Matthews International
MATW
$876M
| $4.54M | ﹤0.01% |
237,528
-3,779
| -2% | -$80.5K |
|
|
ARR
1466
Armour Residential REIT
ARR
$2.31B
| $4.53M | ﹤0.01% |
96,478
+7,120
| +8% | +$298K |
|
1467
St. Joe Company
JOE
$3.64B
| $4.53M | ﹤0.01% |
233,155
-5,755
| -2% | -$106K |
|
|
AVNS
1468
DELISTED
Avanos Medical
AVNS
| $4.53M | ﹤0.01% |
153,948
+3,993
| +3% | +$116K |
|
|
TBI
1469
Trueblue
TBI
$229M
| $4.49M | ﹤0.01% |
294,310
-1,632
| -0.6% | -$24.2K |
|
1470
Zoom
ZM
$28.8B
| $4.48M | ﹤0.01% |
+17,655
| New | +$3.18M |
|
1471
Clearwater Paper
CLW
$359M
| $4.47M | ﹤0.01% |
123,752
-1,549
| -1% | -$43.1K |
|
1472
Adient
ADNT
$1.65B
| $4.45M | ﹤0.01% |
270,878
+13,598
| +5% | +$207K |
|
1473
The GEO Group
GEO
$4.19B
| $4.45M | ﹤0.01% |
376,031
+6,099
| +2% | +$74.4K |
|
|
CPE
1474
DELISTED
Callon Petroleum Company
CPE
| $4.45M | ﹤0.01% |
386,801
-108,134
| -22% | -$957K |
|
1475
United Fire Group
UFCS
$1.34B
| $4.4M | ﹤0.01% |
158,817
-2,609
| -2% | -$73.6K |
|
Similar funds
Principal Financial Group's Q2 2020 Portfolio in Review
As of Q2 2020, Principal Financial Group held 2,420 positions worth $114B, up 26% from $90.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group deployed $4.35B of net new capital in Q2 2020, opening 221 new positions and adding to 1,222 existing holdings. Its largest new stake was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Real Estate and Financials.
On the sell side, the largest reduction was Alibaba, an estimated $404M trimmed.
- Principal Financial Group's largest Q2 2020 buy was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
- Principal Financial Group added most to TransDigm Group in Q2 2020, an estimated $347M increase.
- Principal Financial Group's biggest Q2 2020 reduction was Alibaba, cutting an estimated $404M.
- Principal Financial Group fully exited iShares MBS ETF in Q2 2020, selling an estimated $192M.
- Principal Financial Group's ten largest holdings make up 15% of its $114B portfolio in Q2 2020.
- Principal Financial Group opened 221 new positions and closed 103 in Q2 2020.
- Principal Financial Group's portfolio value rose 26% quarter-over-quarter to $114B.
Based on Principal Financial Group's 13F filing for Q2 2020, filed 5 Aug 2020.