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 | |
|---|---|---|---|---|---|---|
|
MIK
1476
DELISTED
Michaels Stores, Inc
MIK
| $5.45M | 0.01% |
402,511
-41,398
| -9% | -$657K |
|
1477
Marten Transport
MRTN
$1.21B
| $5.44M | 0.01% |
504,221
+6,483
| +1% | +$81.2K |
|
|
TDAY
1478
USA Today Co
TDAY
$1.27B
| $5.43M | 0.01% |
469,584
+21,092
| +5% | +$295K |
|
1479
Brighthouse Financial
BHF
$3.56B
| $5.43M | 0.01% |
178,195
+8,092
| +5% | +$316K |
|
1480
DNOW Inc
DNOW
$2.58B
| $5.43M | 0.01% |
466,450
-5,801
| -1% | -$81.1K |
|
|
FSP
1481
Franklin Street Properties
FSP
$47.2M
| $5.42M | 0.01% |
870,568
+4,750
| +0.5% | +$34.9K |
|
1482
Photronics
PLAB
$1.79B
| $5.37M | 0.01% |
555,216
+3,028
| +0.5% | +$29.1K |
|
|
MODV
1483
DELISTED
ModivCare
MODV
| $5.37M | 0.01% |
89,445
-1,771
| -2% | -$117K |
|
|
ALEX
1484
DELISTED
Alexander & Baldwin
ALEX
| $5.35M | 0.01% |
291,282
-3,690
| -1% | -$74.4K |
|
1485
Unisys
UIS
$209M
| $5.35M | 0.01% |
460,119
+48,223
| +12% | +$759K |
|
|
RTEC
1486
DELISTED
Rudolph Technologies Inc
RTEC
| $5.35M | 0.01% |
261,234
-7,024
| -3% | -$143K |
|
1487
Nabors Industries
NBR
$1.27B
| $5.33M | 0.01% |
53,334
+24,495
| +85% | +$5.39M |
|
|
NE
1488
DELISTED
Noble Corporation
NE
| $5.31M | 0.01% |
2,025,367
+9,600
| +0.5% | +$45.6K |
|
|
VSTO
1489
DELISTED
Vista Outdoor Inc.
VSTO
| $5.31M | 0.01% |
467,454
+2,954
| +0.6% | +$38.8K |
|
|
NFBK
1490
DELISTED
Northfield Bancorp
NFBK
| $5.3M | 0.01% |
391,231
+297
| +0.1% | +$4.12K |
|
|
MDR
1491
DELISTED
McDermott International
MDR
| $5.24M | 0.01% |
800,561
-10,393
| -1% | -$110K |
|
1492
HealthStream
HSTM
$819M
| $5.21M | 0.01% |
215,641
+2,836
| +1% | +$73.5K |
|
1493
Kelly Services Class A
KELYA
$514M
| $5.18M | 0.01% |
253,161
+1,887
| +0.8% | +$42K |
|
|
WRD
1494
DELISTED
WildHorse Resource Development
WRD
| $5.18M | 0.01% |
367,200
-600
| -0.2% | -$11.8K |
|
1495
QuinStreet
QNST
$890M
| $5.16M | 0.01% |
318,021
+17,518
| +6% | +$263K |
|
|
NPKI
1496
NPK International
NPKI
$1.06B
| $5.16M | 0.01% |
751,279
+3,961
| +0.5% | +$32.3K |
|
|
ISCA
1497
DELISTED
International Speedway Corp
ISCA
| $5.13M | 0.01% |
117,063
+5,335
| +5% | +$215K |
|
|
XENT
1498
DELISTED
Intersect ENT, Inc
XENT
| $5.13M | 0.01% |
181,894
-21,059
| -10% | -$617K |
|
|
SAFE
1499
Safehold
SAFE
$1.16B
| $5.11M | 0.01% |
114,377
+1,632
| +1% | +$82.6K |
|
|
ACOR
1500
DELISTED
Acorda Therapeutics
ACOR
| $5.1M | 0.01% |
2,727
+15
| +0.6% | +$32.6K |
|
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.