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 |
CoStar Group
CSGP
|
+$351M |
| 2 |
Digital Realty Trust
DLR
|
+$234M |
| 3 |
American Tower
AMT
|
+$214M |
| 4 |
AvalonBay Communities
AVB
|
+$158M |
| 5 |
COR
Coresite Realty Corporation
COR
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$358M |
| 2 |
Welltower
WELL
|
+$234M |
| 3 |
Wayfair
W
|
+$187M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$173M |
| 5 |
Host Hotels & Resorts
HST
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.28% |
| 2 | Real Estate | 16.9% |
| 3 | Financials | 15.46% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Healthcare | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Cheesecake Factory
CAKE
$5.34B
| $2.54M | ﹤0.01% |
148,854
-52,874
| -26% | -$1.78M |
|
1527
Monarch Casino & Resort
MCRI
$2.19B
| $2.54M | ﹤0.01% |
90,538
-3,747
| -4% | -$164K |
|
1528
Sonic Automotive
SAH
$2.68B
| $2.54M | ﹤0.01% |
191,289
-7,338
| -4% | -$191K |
|
1529
Quanex
NX
$959M
| $2.54M | ﹤0.01% |
251,930
-10,068
| -4% | -$160K |
|
1530
SunCoke Energy
SXC
$815M
| $2.54M | ﹤0.01% |
659,082
-30,110
| -4% | -$153K |
|
|
PGNX
1531
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $2.53M | ﹤0.01% |
666,732
-28,123
| -4% | -$121K |
|
1532
Resources Connection
RGP
$145M
| $2.53M | ﹤0.01% |
230,944
-9,697
| -4% | -$132K |
|
1533
Independent Bank Corp
IBCP
$793M
| $2.53M | ﹤0.01% |
196,386
-2,167
| -1% | -$42.1K |
|
1534
Forrester Research
FORR
$233M
| $2.52M | ﹤0.01% |
86,154
-3,310
| -4% | -$126K |
|
|
PINC
1535
DELISTED
Premier
PINC
| $2.52M | ﹤0.01% |
76,922
+8,498
| +12% | +$277K |
|
1536
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.86B
| $2.5M | ﹤0.01% |
80,752
-205,319
| -72% | -$8.09M |
|
|
POLY
1537
DELISTED
Plantronics, Inc.
POLY
| $2.5M | ﹤0.01% |
248,322
-282,171
| -53% | -$5.27M |
|
|
BLUE
1538
DELISTED
bluebird bio
BLUE
| $2.5M | ﹤0.01% |
4,190
-54
| -1% | -$52.6K |
|
1539
Avis
CAR
$4.89B
| $2.47M | ﹤0.01% |
178,026
-63,333
| -26% | -$1.9M |
|
1540
PDF Solutions
PDFS
$1.92B
| $2.47M | ﹤0.01% |
211,075
-8,730
| -4% | -$129K |
|
1541
Under Armour
UAA
$2.73B
| $2.47M | ﹤0.01% |
268,409
+9,350
| +4% | +$150K |
|
|
TWO
1542
Two Harbors Investment
TWO
$1.26B
| $2.47M | ﹤0.01% |
162,023
-18,870
| -10% | -$964K |
|
1543
Greif
GEF
$5.07B
| $2.43M | ﹤0.01% |
78,299
-33,885
| -30% | -$1.28M |
|
|
LBAI
1544
DELISTED
Lakeland Bancorp Inc
LBAI
| $2.43M | ﹤0.01% |
224,894
-1,873
| -0.8% | -$27.7K |
|
1545
iShares California Muni Bond ETF
CMF
$4.61B
| $2.42M | ﹤0.01% |
40,072
-101,046
| -72% | -$6.19M |
|
1546
Bread Financial
BFH
$4.44B
| $2.42M | ﹤0.01% |
90,276
+5,152
| +6% | +$351K |
|
1547
Dycom Industries
DY
$12B
| $2.39M | ﹤0.01% |
93,163
-40,681
| -30% | -$1.44M |
|
1548
Customers Bancorp
CUBI
$2.77B
| $2.39M | ﹤0.01% |
218,607
-9,042
| -4% | -$175K |
|
1549
Talos Energy
TALO
$2.35B
| $2.36M | ﹤0.01% |
411,116
-14,792
| -3% | -$263K |
|
1550
Revolve Group
RVLV
$1.75B
| $2.35M | ﹤0.01% |
272,367
-17,583
| -6% | -$279K |
|
Similar funds
Principal Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Principal Financial Group held 2,294 positions worth $90.3B, down 25% from $120B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2020 filing shows 64 new, 735 increased, 1,378 reduced and 95 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M. The largest sale was Interxion Holding N.V., an estimated $358M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M.
- Principal Financial Group added most to CoStar Group in Q1 2020, an estimated $351M increase.
- Principal Financial Group's biggest Q1 2020 reduction was Welltower, cutting an estimated $234M.
- Principal Financial Group fully exited Interxion Holding N.V. in Q1 2020, selling an estimated $358M.
- Principal Financial Group's ten largest holdings make up 14% of its $90.3B portfolio in Q1 2020.
- Principal Financial Group opened 64 new positions and closed 95 in Q1 2020.
- Principal Financial Group's portfolio value fell 25% quarter-over-quarter to $90.3B.
Based on Principal Financial Group's 13F filing for Q1 2020, filed 12 May 2020.