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
| 1 |
Zoetis
ZTS
|
$182M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
$175M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
$120M |
| 4 |
Cisco
CSCO
|
$114M |
| 5 |
American Tower
AMT
|
$114M |
Top Sells
| 1 |
Labcorp
LH
|
$127M |
| 2 |
DFS
Discover Financial Services
DFS
|
$96.7M |
| 3 |
Bank of America
BAC
|
$96.2M |
| 4 |
TCO
Taubman Centers Inc.
TCO
|
$91M |
| 5 |
Jones Lang LaSalle
JLL
|
$89.5M |
Sector Composition
| 1 | Financials | 15.86% |
| 2 | Real Estate | 15.38% |
| 3 | Technology | 11.87% |
| 4 | Healthcare | 11.21% |
| 5 | Consumer Discretionary | 10.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Mastercard
MA
$535B
| $152M | 0.23% |
1,763,504
+188,262
| +12% | +$16.3M |
|
|
AGN
127
DELISTED
Allergan plc
AGN
| $152M | 0.23% |
509,224
+166,877
| +49% | +$49.7M |
|
128
Qualcomm
QCOM
$169B
| $151M | 0.23% |
2,180,611
-624,004
| -22% | -$43.3M |
|
129
McKesson
MCK
$86.5B
| $148M | 0.22% |
656,353
+10,888
| +2% | +$2.46M |
|
130
AbbVie
ABBV
$376B
| $147M | 0.22% |
2,516,173
-5,405
| -0.2% | -$316K |
|
131
TransDigm Group
TDG
$72.2B
| $147M | 0.22% |
670,901
+14,908
| +2% | +$3.26M |
|
132
PNC Financial Services
PNC
$81.1B
| $145M | 0.22% |
1,558,036
+236,258
| +18% | +$22M |
|
133
UnitedHealth
UNH
$279B
| $145M | 0.22% |
1,223,248
+28,432
| +2% | +$3.36M |
|
|
FCE.A
134
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $144M | 0.21% |
5,638,490
+184,020
| +3% | +$4.7M |
|
135
Verisk Analytics
VRSK
$37.5B
| $143M | 0.21% |
1,998,928
+100,515
| +5% | +$7.18M |
|
136
Bristol-Myers Squibb
BMY
$95.8B
| $142M | 0.21% |
2,197,910
+117,607
| +6% | +$7.59M |
|
|
EQY
137
DELISTED
Equity One
EQY
| $142M | 0.21% |
5,307,685
+1,079,930
| +26% | +$28.8M |
|
138
Medtronic
MDT
$120B
| $142M | 0.21% |
1,814,476
+597,491
| +49% | +$46.6M |
|
139
Schlumberger
SLB
$53B
| $141M | 0.21% |
1,689,868
+26,418
| +2% | +$2.2M |
|
140
3M
MMM
$81.3B
| $139M | 0.21% |
1,007,998
+14,508
| +1% | +$2M |
|
141
Sunstone Hotel Investors
SHO
$1.8B
| $139M | 0.21% |
8,326,242
+847,752
| +11% | +$14.1M |
|
142
EPR Properties
EPR
$4.06B
| $137M | 0.2% |
2,287,728
-322,741
| -12% | -$19.4M |
|
143
PG&E
PCG
$33.4B
| $136M | 0.2% |
2,571,270
+1,989,952
| +342% | +$106M |
|
144
Ecolab
ECL
$77.7B
| $135M | 0.2% |
1,178,965
+246,964
| +26% | +$28.2M |
|
145
Southwest Airlines
LUV
$16.7B
| $135M | 0.2% |
3,039,901
-1,114,488
| -27% | -$49.4M |
|
146
Sensata Technologies
ST
$4.61B
| $134M | 0.2% |
2,328,910
+45,008
| +2% | +$2.59M |
|
|
WBA
147
DELISTED
Walgreens Boots Alliance
WBA
| $134M | 0.2% |
1,579,000
+210,552
| +15% | +$17.8M |
|
148
SITE Centers
SITC
$488M
| $134M | 0.2% |
5,567,029
+578,823
| +12% | +$13.9M |
|
|
TWX
149
DELISTED
Time Warner Inc
TWX
| $133M | 0.2% |
1,576,219
-378,878
| -19% | -$32M |
|
150
Travel + Leisure Co
TNL
$4.08B
| $132M | 0.2% |
3,237,493
+22,693
| +0.7% | +$927K |
|