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 |
GDVD
Principal Active Global Dividend Income ETF
GDVD
|
+$429M |
| 2 |
Apple
AAPL
|
+$316M |
| 3 |
Fidelity National Financial
FNF
|
+$290M |
| 4 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$271M |
| 5 |
Principal Active High Yield ETF
YLD
|
+$270M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$278M |
| 2 |
GGP
GGP Inc.
GGP
|
+$131M |
| 3 |
Morgan Stanley
MS
|
+$103M |
| 4 |
EDR
Education Realty Trust Inc
EDR
|
+$68.6M |
| 5 |
Amgen
AMGN
|
+$68.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Real Estate | 14.58% |
| 3 | Technology | 11.65% |
| 4 | Consumer Discretionary | 10.38% |
| 5 | Industrials | 9.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Under Armour Class C
UA
$2.95B
| $5.26M | 0.01% |
260,924
-12,796
| -5% | -$241K |
|
|
HSKA
1527
DELISTED
Heska Corp
HSKA
| $5.24M | 0.01% |
51,337
+1,477
| +3% | +$146K |
|
|
ASRT
1528
DELISTED
Assertio
ASRT
| $5.23M | 0.01% |
8,118
+223
| +3% | +$149K |
|
1529
Griffon
GFF
$4.28B
| $5.21M | 0.01% |
237,373
+263
| +0.1% | +$6.05K |
|
1530
Teladoc Health
TDOC
$1.61B
| $5.18M | 0.01% |
149,338
+30,476
| +26% | +$888K |
|
1531
Cytokinetics
CYTK
$10.9B
| $5.17M | 0.01% |
+427,429
| New | +$5.94M |
|
|
MMP
1532
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $5.16M | 0.01% |
+72,417
| New | +$5.32M |
|
|
GTY
1533
Getty Realty Corp
GTY
$2.12B
| $5.15M | 0.01% |
205,327
-22,911
| -10% | -$587K |
|
1534
TTEC Holdings
TTEC
$107M
| $5.14M | 0.01% |
125,930
-940
| -0.7% | -$34.1K |
|
1535
Onto Innovation
ONTO
$13B
| $5.13M | 0.01% |
202,977
+6,788
| +3% | +$191K |
|
1536
Casella Waste Systems
CWST
$5.68B
| $5.12M | 0.01% |
+312,000
| New | +$4.61M |
|
1537
Dillards
DDS
$8.96B
| $5.11M | 0.01% |
88,519
-10,518
| -11% | -$556K |
|
1538
HealthStream
HSTM
$814M
| $5.11M | 0.01% |
193,998
+775
| +0.4% | +$21.3K |
|
|
NPKI
1539
NPK International
NPKI
$1.19B
| $5.09M | 0.01% |
692,789
+32,887
| +5% | +$251K |
|
|
ITG
1540
DELISTED
Investment Technology Group Inc
ITG
| $5.09M | 0.01% |
239,514
-496
| -0.2% | -$10.1K |
|
1541
Transocean
RIG
$5.84B
| $5.08M | 0.01% |
617,640
-8,757
| -1% | -$89.4K |
|
1542
BJ's Restaurants
BJRI
$1.45B
| $5.07M | 0.01% |
136,097
-11,758
| -8% | -$499K |
|
1543
Amphastar Pharmaceuticals
AMPH
$846M
| $5.06M | 0.01% |
283,429
-7,106
| -2% | -$113K |
|
1544
Genesco
GCO
$416M
| $5.05M | 0.01% |
149,034
-7,613
| -5% | -$340K |
|
1545
Kelly Services Class A
KELYA
$545M
| $5.02M | 0.01% |
223,790
+439
| +0.2% | +$9.8K |
|
|
PRFT
1546
DELISTED
Perficient Inc
PRFT
| $5.02M | 0.01% |
269,234
-6,928
| -3% | -$120K |
|
1547
Marten Transport
MRTN
$1.26B
| $5.01M | 0.01% |
457,538
+683
| +0.1% | +$6.82K |
|
|
ORIT
1548
DELISTED
Oritani Financial Corp. New
ORIT
| $5M | 0.01% |
293,122
+297
| +0.1% | +$5.01K |
|
|
GHL
1549
DELISTED
Greenhill & Co., Inc.
GHL
| $4.98M | 0.01% |
247,675
+38,618
| +18% | +$904K |
|
|
AMAG
1550
DELISTED
AMAG Pharmaceuticals
AMAG
| $4.92M | ﹤0.01% |
267,561
+5,632
| +2% | +$112K |
|
Similar funds
Principal Financial Group's Q2 2017 Portfolio in Review
As of Q2 2017, Principal Financial Group held 2,363 positions worth $99.8B, up 20% from $83.1B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Principal Financial Group deployed $14.1B of net new capital in Q2 2017, opening 156 new positions and adding to 1,472 existing holdings. Its largest new stake was Principal Active Global Dividend Income ETF: 16,800,000 shares worth $429M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
On the sell side, the largest reduction was CR Bard Inc., an estimated $278M trimmed.
- Principal Financial Group's largest Q2 2017 buy was Principal Active Global Dividend Income ETF: 16,800,000 shares worth $429M.
- Principal Financial Group added most to Apple in Q2 2017, an estimated $316M increase.
- Principal Financial Group's biggest Q2 2017 reduction was CR Bard Inc., cutting an estimated $278M.
- Principal Financial Group fully exited Yahoo Inc in Q2 2017, selling an estimated $57.5M.
- Principal Financial Group's ten largest holdings make up 9.6% of its $99.8B portfolio in Q2 2017.
- Principal Financial Group opened 156 new positions and closed 108 in Q2 2017.
- Principal Financial Group's portfolio value rose 20% quarter-over-quarter to $99.8B.
Based on Principal Financial Group's 13F filing for Q2 2017, filed 8 Aug 2017.