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 |
Tesla
TSLA
|
+$518M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$315M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
+$300M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$204M |
| 5 |
American Tower
AMT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$289M |
| 2 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$266M |
| 3 |
Ventas
VTR
|
+$222M |
| 4 |
AIV
Aimco
AIV
|
+$221M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$152M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Financials | 15.13% |
| 3 | Real Estate | 14.76% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NTUS
1526
DELISTED
Natus Medical Inc
NTUS
| $5.43M | ﹤0.01% |
270,893
-4,179
| -2% | -$81.8K |
|
1527
Andersons Inc
ANDE
$2.35B
| $5.42M | ﹤0.01% |
221,004
+1,467
| +0.7% | +$32.6K |
|
1528
DNOW Inc
DNOW
$2.82B
| $5.4M | ﹤0.01% |
752,445
-29,934
| -4% | -$168K |
|
|
GAP
1529
The Gap Inc
GAP
$7.39B
| $5.4M | ﹤0.01% |
267,557
-19,916
| -7% | -$418K |
|
1530
CoreCivic
CXW
$3.27B
| $5.39M | ﹤0.01% |
822,983
-32,720
| -4% | -$235K |
|
1531
Monarch Casino & Resort
MCRI
$2.19B
| $5.38M | ﹤0.01% |
87,943
-3,133
| -3% | -$158K |
|
1532
Varex Imaging
VREX
$518M
| $5.37M | ﹤0.01% |
321,844
+3,927
| +1% | +$58.6K |
|
1533
Agilysys
AGYS
$3.01B
| $5.36M | ﹤0.01% |
139,567
-5,547
| -4% | -$184K |
|
1534
Preferred Bank
PFBC
$1.25B
| $5.36M | ﹤0.01% |
106,112
-436,726
| -80% | -$17.1M |
|
1535
Enanta Pharmaceuticals
ENTA
$386M
| $5.35M | ﹤0.01% |
127,080
-4,713
| -4% | -$207K |
|
1536
Worthington Enterprises
WOR
$2.85B
| $5.35M | ﹤0.01% |
168,938
-559
| -0.3% | -$17.4K |
|
|
CBB
1537
DELISTED
Cincinnati Bell Inc.
CBB
| $5.33M | ﹤0.01% |
348,647
-13,870
| -4% | -$211K |
|
1538
MarineMax
HZO
$775M
| $5.32M | ﹤0.01% |
151,841
-2,862
| -2% | -$89.6K |
|
1539
John B. Sanfilippo & Son
JBSS
$990M
| $5.31M | ﹤0.01% |
67,358
-2,417
| -3% | -$184K |
|
|
CIR
1540
DELISTED
CIRCOR International, Inc
CIR
| $5.29M | ﹤0.01% |
137,570
-5,466
| -4% | -$181K |
|
1541
Vanguard S&P 500 ETF
VOO
$1.01T
| $5.29M | ﹤0.01% |
15,378
+1,026
| +7% | +$334K |
|
1542
Zumiez
ZUMZ
$338M
| $5.29M | ﹤0.01% |
143,688
-34,775
| -19% | -$1.17M |
|
|
HIBB
1543
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.27M | ﹤0.01% |
114,181
-4,339
| -4% | -$194K |
|
|
MRTX
1544
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $5.26M | ﹤0.01% |
23,970
+876
| +4% | +$189K |
|
1545
Castle Biosciences
CSTL
$915M
| $5.26M | ﹤0.01% |
78,352
+50,052
| +177% | +$2.71M |
|
1546
Universal Electronics
UEIC
$60.1M
| $5.24M | ﹤0.01% |
99,854
+199
| +0.2% | +$9.19K |
|
1547
LeMaitre Vascular
LMAT
$1.83B
| $5.22M | ﹤0.01% |
128,814
-372,154
| -74% | -$13.3M |
|
1548
Veeva Systems
VEEV
$35B
| $5.18M | ﹤0.01% |
19,030
+398
| +2% | +$112K |
|
1549
BioMarin Pharmaceuticals
BMRN
$11.6B
| $5.15M | ﹤0.01% |
58,777
+12,648
| +27% | +$1M |
|
1550
Scholastic
SCHL
$758M
| $5.15M | ﹤0.01% |
205,985
-8,050
| -4% | -$185K |
|
Similar funds
Principal Financial Group's Q4 2020 Portfolio in Review
As of Q4 2020, Principal Financial Group held 2,508 positions worth $135B, up 14% from $119B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2020 filing shows 187 new, 810 increased, 1,403 reduced and 94 closed positions. Its largest new stake was Apartment Income REIT Corp.: 7,814,575 shares worth $300M. The largest sale was Walt Disney, an estimated $289M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2020 buy was Apartment Income REIT Corp.: 7,814,575 shares worth $300M.
- Principal Financial Group added most to Tesla in Q4 2020, an estimated $518M increase.
- Principal Financial Group's biggest Q4 2020 reduction was Walt Disney, cutting an estimated $289M.
- Principal Financial Group fully exited GCI Liberty, Inc. Class A Common Stock (DE) in Q4 2020, selling an estimated $266M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q4 2020.
- Principal Financial Group opened 187 new positions and closed 94 in Q4 2020.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q4 2020, filed 8 Feb 2021.