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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NPKI
1501
NPK International
NPKI
$1.02B
| $5.41M | ﹤0.01% |
729,459
-9,938
| -1% | -$76.7K |
|
1502
TTEC Holdings
TTEC
$124M
| $5.4M | ﹤0.01% |
115,873
+3,077
| +3% | +$119K |
|
1503
Phibro Animal Health
PAHC
$1.5B
| $5.4M | ﹤0.01% |
169,902
-4,115
| -2% | -$129K |
|
1504
Mercer International
MERC
$40.5M
| $5.38M | ﹤0.01% |
347,510
+1,699
| +0.5% | +$25.5K |
|
1505
Alcoa
AA
$11.3B
| $5.37M | ﹤0.01% |
229,172
-138,638
| -38% | -$3.45M |
|
|
REGI
1506
DELISTED
Renewable Energy Group, Inc.
REGI
| $5.37M | ﹤0.01% |
338,298
+35,806
| +12% | +$660K |
|
1507
Bunge Global
BG
$20.9B
| $5.31M | ﹤0.01% |
95,391
+6,110
| +7% | +$326K |
|
1508
Principal Financial Group
PFG
$24.3B
| $5.25M | ﹤0.01% |
90,581
-1,093
| -1% | -$60.2K |
|
1509
Cars.com
CARS
$722M
| $5.23M | ﹤0.01% |
265,251
-2,890
| -1% | -$61.8K |
|
1510
NXP Semiconductors
NXPI
$60.8B
| $5.23M | ﹤0.01% |
53,567
+21,085
| +65% | +$2.04M |
|
1511
Cytokinetics
CYTK
$10.6B
| $5.21M | ﹤0.01% |
462,931
+23,282
| +5% | +$225K |
|
1512
Inogen
INGN
$174M
| $5.19M | ﹤0.01% |
77,800
+453
| +0.6% | +$34.5K |
|
1513
DexCom
DXCM
$29B
| $5.18M | ﹤0.01% |
138,328
-124,600
| -47% | -$3.92M |
|
1514
Vanguard FTSE Developed Markets ETF
VEA
$223B
| $5.12M | ﹤0.01% |
122,763
+8,688
| +8% | +$358K |
|
1515
BancFirst
BANF
$3.81B
| $5.12M | ﹤0.01% |
91,892
-5,064
| -5% | -$281K |
|
1516
Cohu
COHU
$1.86B
| $5.11M | ﹤0.01% |
331,406
-10,235
| -3% | -$159K |
|
|
CTRL
1517
DELISTED
Control4 Corporation
CTRL
| $5.1M | ﹤0.01% |
214,915
-13,232
| -6% | -$278K |
|
1518
StoneX
SNEX
$8.72B
| $5.1M | ﹤0.01% |
652,369
+395
| +0.1% | +$2.95K |
|
|
MODV
1519
DELISTED
ModivCare
MODV
| $5.1M | ﹤0.01% |
88,940
+247
| +0.3% | +$16K |
|
|
AEGN
1520
DELISTED
Aegion Corp
AEGN
| $5.09M | ﹤0.01% |
276,585
-8,319
| -3% | -$142K |
|
1521
Par Pacific Holdings
PARR
$4.17B
| $5.08M | ﹤0.01% |
247,785
-7,452
| -3% | -$145K |
|
1522
QuinStreet
QNST
$927M
| $5.05M | ﹤0.01% |
318,618
+539
| +0.2% | +$8.05K |
|
1523
ATN International
ATNI
$365M
| $5.04M | ﹤0.01% |
87,228
-218
| -0.2% | -$13.1K |
|
|
UBA
1524
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.04M | ﹤0.01% |
239,812
-572
| -0.2% | -$12.4K |
|
1525
Quanex
NX
$825M
| $5.02M | ﹤0.01% |
265,645
-1,950
| -0.7% | -$32.7K |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.