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 | |
|---|---|---|---|---|---|---|
|
EGRX
1551
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $4.51M | ﹤0.01% |
79,770
-2,869
| -3% | -$161K |
|
1552
Genesco
GCO
$425M
| $4.5M | ﹤0.01% |
112,566
-26,536
| -19% | -$1.02M |
|
1553
Lear
LEA
$6.54B
| $4.43M | ﹤0.01% |
37,569
+5,475
| +17% | +$666K |
|
|
SWCH
1554
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $4.41M | ﹤0.01% |
282,574
+8,366
| +3% | +$124K |
|
1555
Cohu
COHU
$2.26B
| $4.41M | ﹤0.01% |
326,208
-5,198
| -2% | -$72.1K |
|
1556
DXP Enterprises
DXPE
$2.43B
| $4.39M | ﹤0.01% |
126,398
-1,996
| -2% | -$67.1K |
|
|
WSR
1557
DELISTED
Whitestone REIT
WSR
| $4.37M | ﹤0.01% |
317,336
-2,108
| -0.7% | -$27.1K |
|
1558
Axcelis
ACLS
$4.01B
| $4.36M | ﹤0.01% |
255,013
-9,187
| -3% | -$147K |
|
1559
Chord Energy
CHRD
$7.9B
| $4.35M | ﹤0.01% |
1,256,611
+68,878
| +6% | +$272K |
|
1560
Team
TISI
$79.5M
| $4.31M | ﹤0.01% |
23,893
-366
| -2% | -$60.5K |
|
|
HSII
1561
DELISTED
Heidrick & Struggles
HSII
| $4.31M | ﹤0.01% |
157,920
-2,027
| -1% | -$57K |
|
1562
Sabesp
SBS
$19.1B
| $4.31M | ﹤0.01% |
1,870,962
+473,168
| +34% | +$1.19M |
|
1563
Invesco S&P Global Water Index ETF
CGW
$1.05B
| $4.3M | ﹤0.01% |
112,340
-18,649
| -14% | -$696K |
|
1564
Independent Bank Corp
IBCP
$787M
| $4.3M | ﹤0.01% |
201,527
-2,740
| -1% | -$57.1K |
|
|
HT
1565
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.29M | ﹤0.01% |
288,052
-1,299
| -0.4% | -$19.8K |
|
1566
Ichor Holdings
ICHR
$2.62B
| $4.28M | ﹤0.01% |
177,031
-2,452
| -1% | -$58K |
|
1567
Adtran
ADTN
$689M
| $4.28M | ﹤0.01% |
377,085
-6,352
| -2% | -$75.5K |
|
|
CHS
1568
DELISTED
Chicos FAS, Inc.
CHS
| $4.26M | ﹤0.01% |
1,056,363
+4,558
| +0.4% | +$15.4K |
|
1569
Greif
GEF
$4.92B
| $4.25M | ﹤0.01% |
112,230
-2,115
| -2% | -$73.8K |
|
1570
Vicor
VICR
$9.56B
| $4.25M | ﹤0.01% |
143,965
+13,649
| +10% | +$421K |
|
|
TDAY
1571
USA Today Co
TDAY
$1.27B
| $4.21M | ﹤0.01% |
477,294
+40,378
| +9% | +$368K |
|
|
RVNC
1572
DELISTED
Revance Therapeutics, Inc.
RVNC
| $4.2M | ﹤0.01% |
323,353
+99,788
| +45% | +$1.22M |
|
1573
Agilysys
AGYS
$2.97B
| $4.12M | ﹤0.01% |
160,676
+19,349
| +14% | +$492K |
|
|
AYX
1574
DELISTED
Alteryx Inc
AYX
| $4.12M | ﹤0.01% |
38,310
-107,578
| -74% | -$13.3M |
|
1575
MYR Group
MYRG
$5.19B
| $4.11M | ﹤0.01% |
131,277
-1,937
| -1% | -$62.4K |
|
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.