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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAWW
1501
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $5.63M | ﹤0.01% |
204,395
+476
| +0.2% | +$11.9K |
|
1502
Mercury Insurance
MCY
$5.93B
| $5.61M | ﹤0.01% |
115,163
-42,143
| -27% | -$2.12M |
|
|
GLUU
1503
DELISTED
Glu Mobile Inc.
GLUU
| $5.6M | ﹤0.01% |
925,925
+907,072
| +4,811% | +$5.18M |
|
1504
Under Armour
UAA
$2.84B
| $5.6M | ﹤0.01% |
259,059
-9,062
| -3% | -$176K |
|
1505
Harmonic Inc
HLIT
$1.25B
| $5.57M | ﹤0.01% |
713,760
+6,988
| +1% | +$52.2K |
|
1506
Keurig Dr Pepper
KDP
$42.3B
| $5.5M | ﹤0.01% |
189,809
+6,820
| +4% | +$196K |
|
1507
Tencent Music
TME
$15.5B
| $5.49M | ﹤0.01% |
+467,451
| New | +$6.01M |
|
1508
RE/MAX Holdings
RMAX
$193M
| $5.45M | ﹤0.01% |
141,694
+167
| +0.1% | +$6K |
|
|
HSKA
1509
DELISTED
Heska Corp
HSKA
| $5.45M | ﹤0.01% |
56,798
+298
| +0.5% | +$25.8K |
|
1510
Customers Bancorp
CUBI
$2.66B
| $5.42M | ﹤0.01% |
227,649
+889
| +0.4% | +$20.4K |
|
|
WPG
1511
DELISTED
Washington Prime Group Inc.
WPG
| $5.41M | ﹤0.01% |
165,041
| – | – |
|
|
EGRX
1512
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.4M | ﹤0.01% |
89,930
+10,160
| +13% | +$606K |
|
1513
Genesco
GCO
$425M
| $5.39M | ﹤0.01% |
112,575
+9
| +0% | +$373 |
|
1514
Vanguard Morningstar Mid-Cap ETF
VO
$106B
| $5.39M | ﹤0.01% |
121,040
+98,884
| +446% | +$4.25M |
|
|
MODV
1515
DELISTED
ModivCare
MODV
| $5.37M | ﹤0.01% |
90,702
-370
| -0.4% | -$22.6K |
|
1516
Revolve Group
RVLV
$1.8B
| $5.32M | ﹤0.01% |
289,950
+27,217
| +10% | +$515K |
|
|
PLC
1517
DELISTED
Principal Exchange-Traded Funds Principal U.S. Large-Cap Multi-Factor ETF
PLC
| $5.29M | ﹤0.01% |
199,921
| – | – |
|
1518
Hanmi Financial
HAFC
$945M
| $5.29M | ﹤0.01% |
264,561
-3,660
| -1% | -$70.6K |
|
1519
Bunge Global
BG
$20.4B
| $5.29M | ﹤0.01% |
91,881
-8,511
| -8% | -$471K |
|
|
HSII
1520
DELISTED
Heidrick & Struggles
HSII
| $5.26M | ﹤0.01% |
161,999
+4,079
| +3% | +$120K |
|
1521
Amphastar Pharmaceuticals
AMPH
$879M
| $5.22M | ﹤0.01% |
270,714
-11,465
| -4% | -$220K |
|
1522
Alcoa
AA
$11.9B
| $5.21M | ﹤0.01% |
242,369
+16,331
| +7% | +$338K |
|
1523
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $5.21M | ﹤0.01% |
175,758
-615
| -0.3% | -$17.5K |
|
1524
Insmed
INSM
$21.4B
| $5.2M | ﹤0.01% |
217,844
+765
| +0.4% | +$15.6K |
|
1525
DMC Global
BOOM
$138M
| $5.2M | ﹤0.01% |
115,711
+194
| +0.2% | +$8.63K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.