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 | |
|---|---|---|---|---|---|---|
1476
Fluor
FLR
$6.81B
| $2.95M | ﹤0.01% |
426,282
-168,877
| -28% | -$2.36M |
|
|
GDVD
1477
DELISTED
Principal Active Global Dividend Income ETF
GDVD
| $2.94M | ﹤0.01% |
131,513
+47,782
| +57% | +$1.31M |
|
|
PMOM
1478
DELISTED
Principal Sustainable Momentum Index ETF
PMOM
| $2.93M | ﹤0.01% |
134,595
| – | – |
|
1479
Jack in the Box
JACK
$333M
| $2.93M | ﹤0.01% |
83,575
-30,468
| -27% | -$2.07M |
|
1480
JELD-WEN Holding
JELD
$156M
| $2.92M | ﹤0.01% |
+300,486
| New | +$5.99M |
|
1481
Myers Industries
MYE
$1.32B
| $2.92M | ﹤0.01% |
271,267
-11,147
| -4% | -$163K |
|
1482
American Vanguard Corp
AVD
$72.7M
| $2.91M | ﹤0.01% |
201,537
-8,337
| -4% | -$139K |
|
|
SIX
1483
DELISTED
Six Flags Entertainment Corp.
SIX
| $2.91M | ﹤0.01% |
232,325
-110,144
| -32% | -$3.28M |
|
|
VIVO
1484
DELISTED
Meridian Bioscience Inc
VIVO
| $2.91M | ﹤0.01% |
346,564
-12,887
| -4% | -$108K |
|
1485
Extreme Networks
EXTR
$3.19B
| $2.9M | ﹤0.01% |
938,337
-38,088
| -4% | -$211K |
|
1486
Pitney Bowes
PBI
$2.45B
| $2.9M | ﹤0.01% |
1,418,889
-47,229
| -3% | -$162K |
|
1487
Worthington Enterprises
WOR
$2.83B
| $2.87M | ﹤0.01% |
177,265
-76,923
| -30% | -$1.61M |
|
1488
Zumiez
ZUMZ
$332M
| $2.87M | ﹤0.01% |
165,475
-6,361
| -4% | -$179K |
|
1489
America's Car Mart
CRMT
$27.6M
| $2.85M | ﹤0.01% |
50,637
+46,841
| +1,234% | +$4.58M |
|
1490
QuinStreet
QNST
$869M
| $2.85M | ﹤0.01% |
354,139
-14,465
| -4% | -$178K |
|
|
EBIX
1491
DELISTED
Ebix Inc
EBIX
| $2.85M | ﹤0.01% |
187,488
-6,910
| -4% | -$197K |
|
|
OPB
1492
DELISTED
Opus Bank Common Stock
OPB
| $2.84M | ﹤0.01% |
164,123
-6,561
| -4% | -$153K |
|
|
PENG
1493
Penguin Solutions Inc
PENG
$2.91B
| $2.83M | ﹤0.01% |
232,506
-8,124
| -3% | -$119K |
|
1494
Pennant Group
PNTG
$1.35B
| $2.82M | ﹤0.01% |
199,248
-8,215
| -4% | -$208K |
|
1495
American Public Education
APEI
$935M
| $2.8M | ﹤0.01% |
116,822
-5,948
| -5% | -$145K |
|
1496
Murphy Oil
MUR
$4.74B
| $2.79M | ﹤0.01% |
455,798
-193,018
| -30% | -$3.55M |
|
1497
Adtran
ADTN
$614M
| $2.79M | ﹤0.01% |
362,847
-15,007
| -4% | -$128K |
|
|
CNSL
1498
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $2.79M | ﹤0.01% |
612,416
-22,346
| -4% | -$114K |
|
1499
Acadia Pharmaceuticals
ACAD
$4.91B
| $2.77M | ﹤0.01% |
65,684
+2,365
| +4% | +$97.4K |
|
|
GDEN
1500
DELISTED
Golden Entertainment
GDEN
| $2.77M | ﹤0.01% |
419,646
-4,626
| -1% | -$70.6K |
|
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.