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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XENT
1476
DELISTED
Intersect ENT, Inc
XENT
| $6.08M | 0.01% |
188,964
+7,070
| +4% | +$219K |
|
1477
Wabash National
WNC
$512M
| $6.05M | 0.01% |
446,764
-11,734
| -3% | -$166K |
|
1478
Under Armour
UAA
$2.84B
| $6.04M | 0.01% |
285,907
+953
| +0.3% | +$20K |
|
1479
HealthStream
HSTM
$819M
| $5.99M | 0.01% |
213,515
-2,126
| -1% | -$55.9K |
|
1480
Chefs' Warehouse
CHEF
$4.71B
| $5.98M | 0.01% |
192,703
-1,945
| -1% | -$63.7K |
|
|
RDC
1481
DELISTED
Rowan Companies Plc
RDC
| $5.94M | 0.01% |
550,418
-7,307
| -1% | -$85.1K |
|
1482
Marten Transport
MRTN
$1.21B
| $5.94M | 0.01% |
499,346
-4,875
| -1% | -$59.6K |
|
|
SPN
1483
DELISTED
Superior Energy Services, Inc.
SPN
| $5.92M | 0.01% |
126,709
-98
| -0.1% | -$4.21K |
|
|
MDR
1484
DELISTED
McDermott International
MDR
| $5.92M | 0.01% |
795,074
-5,487
| -0.7% | -$45.2K |
|
|
HSII
1485
DELISTED
Heidrick & Struggles
HSII
| $5.91M | 0.01% |
154,303
-1,369
| -0.9% | -$49.4K |
|
|
MODV
1486
DELISTED
ModivCare
MODV
| $5.91M | 0.01% |
88,693
-752
| -0.8% | -$49.2K |
|
|
CMO
1487
DELISTED
Capstead Mortgage Corp.
CMO
| $5.91M | 0.01% |
687,435
-65,668
| -9% | -$515K |
|
1488
M/I Homes
MHO
$3.74B
| $5.89M | 0.01% |
221,156
-5,550
| -2% | -$144K |
|
1489
Preferred Bank
PFBC
$1.24B
| $5.87M | 0.01% |
130,579
-1,239
| -0.9% | -$59K |
|
1490
Dillards
DDS
$9.19B
| $5.8M | 0.01% |
80,579
+402
| +0.5% | +$27.6K |
|
1491
Insmed
INSM
$21.4B
| $5.8M | 0.01% |
199,476
+55,830
| +39% | +$1.45M |
|
|
CADE
1492
DELISTED
Cadence Bancorporation
CADE
| $5.8M | 0.01% |
312,605
-241,800
| -44% | -$4.59M |
|
|
NE
1493
DELISTED
Noble Corporation
NE
| $5.79M | 0.01% |
2,015,585
-9,782
| -0.5% | -$30.5K |
|
1494
Hanmi Financial
HAFC
$945M
| $5.77M | 0.01% |
271,122
-9,598
| -3% | -$209K |
|
1495
Phibro Animal Health
PAHC
$1.47B
| $5.74M | 0.01% |
174,017
-1,117
| -0.6% | -$34.8K |
|
|
HT
1496
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $5.73M | 0.01% |
334,226
-4,967
| -1% | -$89.5K |
|
1497
Invesco S&P Global Water Index ETF
CGW
$1.05B
| $5.72M | 0.01% |
161,545
+22,878
| +16% | +$776K |
|
|
MCHB
1498
Mechanics Bancorp
MCHB
$3.72B
| $5.72M | 0.01% |
216,927
-2,210
| -1% | -$57.4K |
|
|
RTEC
1499
DELISTED
Rudolph Technologies Inc
RTEC
| $5.71M | 0.01% |
250,608
-10,626
| -4% | -$233K |
|
1500
Amphastar Pharmaceuticals
AMPH
$879M
| $5.68M | 0.01% |
277,827
-2,863
| -1% | -$64.1K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.