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 |
Linde
LIN
|
+$219M |
| 2 |
TCO
Taubman Centers Inc.
TCO
|
+$96.5M |
| 3 |
WIX.com
WIX
|
+$96.5M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$84.9M |
| 5 |
American Homes 4 Rent
AMH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ross Stores
ROST
|
+$250M |
| 2 |
Simon Property Group
SPG
|
+$202M |
| 3 |
PX
Praxair Inc
PX
|
+$171M |
| 4 |
Alibaba
BABA
|
+$160M |
| 5 |
O'Reilly Automotive
ORLY
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.05% |
| 3 | Technology | 13.99% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Healthcare | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RDC
1526
DELISTED
Rowan Companies Plc
RDC
| $4.68M | 0.01% |
557,725
-7,793
| -1% | -$115K |
|
|
LION
1527
DELISTED
Fidelity Southern Corporation
LION
| $4.67M | 0.01% |
179,329
+1,342
| +0.8% | +$31.6K |
|
|
TGI
1528
DELISTED
Triumph Group
TGI
| $4.65M | 0.01% |
404,592
+2,393
| +0.6% | +$41.6K |
|
|
MCHB
1529
Mechanics Bancorp
MCHB
$3.72B
| $4.65M | 0.01% |
219,137
+1,242
| +0.6% | +$31.4K |
|
|
UBA
1530
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $4.65M | 0.01% |
242,048
+1,318
| +0.5% | +$26.6K |
|
|
ORIT
1531
DELISTED
Oritani Financial Corp. New
ORIT
| $4.63M | ﹤0.01% |
313,941
-3,009
| -0.9% | -$45.4K |
|
1532
United Natural Foods
UNFI
$3.08B
| $4.62M | ﹤0.01% |
436,534
+201,549
| +86% | +$4.24M |
|
|
INVX
1533
Innovex International
INVX
$1.96B
| $4.62M | ﹤0.01% |
153,921
-9,670
| -6% | -$390K |
|
1534
Banc of California
BANC
$3.03B
| $4.61M | ﹤0.01% |
346,246
+1,844
| +0.5% | +$29.9K |
|
1535
Virtus Investment Partners
VRTS
$1.06B
| $4.61M | ﹤0.01% |
58,025
+164
| +0.3% | +$15.9K |
|
1536
Regis Corp
RGS
$68.4M
| $4.58M | ﹤0.01% |
13,496
+121
| +0.9% | +$43.2K |
|
1537
Bunge Global
BG
$20.4B
| $4.55M | ﹤0.01% |
85,234
-33,589
| -28% | -$2.07M |
|
|
VTLE
1538
DELISTED
Vital Energy
VTLE
| $4.54M | ﹤0.01% |
62,717
-246
| -0.4% | -$25.8K |
|
1539
SunCoke Energy
SXC
$720M
| $4.53M | ﹤0.01% |
529,883
+5,342
| +1% | +$54.7K |
|
|
EXTN
1540
DELISTED
Exterran Corporation
EXTN
| $4.52M | ﹤0.01% |
255,372
+1,588
| +0.6% | +$35.6K |
|
1541
Buckle
BKE
$2.25B
| $4.5M | ﹤0.01% |
232,895
+2,396
| +1% | +$48.5K |
|
1542
Myers Industries
MYE
$1.29B
| $4.5M | ﹤0.01% |
297,950
+8,917
| +3% | +$146K |
|
|
BGG
1543
DELISTED
Briggs & Stratton Corp.
BGG
| $4.5M | ﹤0.01% |
344,140
+1,885
| +0.6% | +$29.1K |
|
1544
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $4.47M | ﹤0.01% |
+120,580
| New | +$4.77M |
|
1545
RE/MAX Holdings
RMAX
$193M
| $4.46M | ﹤0.01% |
144,944
+1,262
| +0.9% | +$44.1K |
|
|
NFX
1546
DELISTED
Newfield Exploration
NFX
| $4.46M | ﹤0.01% |
303,974
-3,784
| -1% | -$76.1K |
|
1547
Rayonier Advanced Materials
RYAM
$604M
| $4.46M | ﹤0.01% |
418,441
-33,035
| -7% | -$449K |
|
1548
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $4.41M | ﹤0.01% |
176,686
-2,449
| -1% | -$62K |
|
1549
PetMed Express
PETS
$41.7M
| $4.35M | ﹤0.01% |
187,167
+6,513
| +4% | +$174K |
|
1550
Coty
COTY
$2.42B
| $4.35M | ﹤0.01% |
663,683
-7,688
| -1% | -$70.9K |
|
Similar funds
Principal Financial Group's Q4 2018 Portfolio in Review
As of Q4 2018, Principal Financial Group held 2,412 positions worth $93.8B, down 17% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group withdrew a net $4.07B in Q4 2018, closing 172 positions and reducing 1,316 holdings. Its most notable exit was Praxair Inc, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
Against the trend, Principal Financial Group opened a new position in Linde worth $216M.
- Principal Financial Group's largest Q4 2018 buy was Linde: 1,382,859 shares worth $216M.
- Principal Financial Group added most to Taubman Centers Inc. in Q4 2018, an estimated $96.5M increase.
- Principal Financial Group's biggest Q4 2018 reduction was Ross Stores, cutting an estimated $250M.
- Principal Financial Group fully exited Praxair Inc in Q4 2018, selling an estimated $171M.
- Principal Financial Group's ten largest holdings make up 11% of its $93.8B portfolio in Q4 2018.
- Principal Financial Group opened 124 new positions and closed 172 in Q4 2018.
- Principal Financial Group's portfolio value fell 17% quarter-over-quarter to $93.8B.
Based on Principal Financial Group's 13F filing for Q4 2018, filed 14 Feb 2019.