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 |
iShares MBS ETF
MBB
|
+$249M |
| 2 |
Host Hotels & Resorts
HST
|
+$199M |
| 3 |
Wayfair
W
|
+$197M |
| 4 |
AerCap
AER
|
+$115M |
| 5 |
Fastenal
FAST
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$174M |
| 3 |
Apple
AAPL
|
+$133M |
| 4 |
Scotiabank
BNS
|
+$121M |
| 5 |
Simon Property Group
SPG
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.64% |
| 2 | Financials | 16.14% |
| 3 | Technology | 14.76% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Ecopetrol
EC
$34.5B
| $4.89M | ﹤0.01% |
287,461
+16,080
| +6% | +$279K |
|
1527
Papa John's
PZZA
$984M
| $4.88M | ﹤0.01% |
93,156
-4,465
| -5% | -$210K |
|
|
ECHO
1528
DELISTED
Echo Global Logistics, Inc.
ECHO
| $4.87M | ﹤0.01% |
215,183
-8,555
| -4% | -$177K |
|
1529
WisdomTree
WT
$2.96B
| $4.86M | ﹤0.01% |
929,717
-26,291
| -3% | -$149K |
|
1530
Petrobras
PBR
$125B
| $4.85M | ﹤0.01% |
334,982
+26,736
| +9% | +$393K |
|
1531
United Natural Foods
UNFI
$3.08B
| $4.84M | ﹤0.01% |
419,862
-6,769
| -2% | -$64.6K |
|
|
DNR
1532
DELISTED
Denbury Resources, Inc.
DNR
| $4.83M | ﹤0.01% |
4,055,222
+39,322
| +1% | +$45.3K |
|
1533
Vale
VALE
$64.1B
| $4.8M | ﹤0.01% |
417,514
+55,946
| +15% | +$678K |
|
1534
Koppers
KOP
$943M
| $4.76M | ﹤0.01% |
163,134
-2,465
| -1% | -$68.3K |
|
1535
Quanex
NX
$819M
| $4.73M | ﹤0.01% |
261,560
-4,085
| -2% | -$73.4K |
|
1536
Customers Bancorp
CUBI
$2.66B
| $4.7M | ﹤0.01% |
226,760
-3,051
| -1% | -$60.5K |
|
1537
Buckle
BKE
$2.25B
| $4.68M | ﹤0.01% |
227,431
-3,661
| -2% | -$70.4K |
|
|
LNW
1538
DELISTED
Light & Wonder
LNW
| $4.67M | ﹤0.01% |
229,465
-11,763
| -5% | -$232K |
|
1539
nVent Electric
NVT
$24.9B
| $4.67M | ﹤0.01% |
+211,779
| New | +$4.76M |
|
|
MDR
1540
DELISTED
McDermott International
MDR
| $4.65M | ﹤0.01% |
2,303,065
+1,517,094
| +193% | +$9.32M |
|
1541
Harmonic Inc
HLIT
$1.25B
| $4.65M | ﹤0.01% |
706,772
-5,380
| -0.8% | -$37.3K |
|
1542
Coty
COTY
$2.42B
| $4.64M | ﹤0.01% |
441,864
-7,359
| -2% | -$76.3K |
|
|
ISCA
1543
DELISTED
International Speedway Corp
ISCA
| $4.62M | ﹤0.01% |
102,718
-1,885
| -2% | -$85K |
|
1544
QuinStreet
QNST
$890M
| $4.62M | ﹤0.01% |
366,674
+48,056
| +15% | +$656K |
|
|
UCTT
1545
Ultra Clean Holdings
UCTT
$3.73B
| $4.59M | ﹤0.01% |
313,574
-3,560
| -1% | -$49.4K |
|
1546
LeMaitre Vascular
LMAT
$2.32B
| $4.59M | ﹤0.01% |
134,214
+933
| +0.7% | +$29.8K |
|
1547
Fossil Group
FOSL
$293M
| $4.58M | ﹤0.01% |
366,240
+204
| +0.1% | +$2.31K |
|
1548
RE/MAX Holdings
RMAX
$193M
| $4.55M | ﹤0.01% |
141,527
-2,167
| -2% | -$61.5K |
|
1549
Alcoa
AA
$11.9B
| $4.54M | ﹤0.01% |
226,038
-3,134
| -1% | -$65.2K |
|
1550
Veeco
VECO
$3.05B
| $4.51M | ﹤0.01% |
386,402
-3,979
| -1% | -$44.8K |
|
Similar funds
Principal Financial Group's Q3 2019 Portfolio in Review
As of Q3 2019, Principal Financial Group held 2,307 positions worth $113B, up 2% from $111B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2019 filing shows 81 new, 938 increased, 1,207 reduced and 62 closed positions. Its largest new stake was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M. The largest sale was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $223M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2019 buy was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M.
- Principal Financial Group added most to iShares MBS ETF in Q3 2019, an estimated $249M increase.
- Principal Financial Group's biggest Q3 2019 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $223M.
- Principal Financial Group fully exited Anadarko Petroleum in Q3 2019, selling an estimated $55.2M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2019.
- Principal Financial Group opened 81 new positions and closed 62 in Q3 2019.
- Principal Financial Group's portfolio value rose 2% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2019, filed 13 Nov 2019.