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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VIVO
1576
DELISTED
Meridian Bioscience Inc
VIVO
| $4.3M | ﹤0.01% |
362,049
+5,757
| +2% | +$69.4K |
|
1577
CEVA Inc
CEVA
$831M
| $4.29M | ﹤0.01% |
176,235
+234
| +0.1% | +$5.75K |
|
1578
Ichor Holdings
ICHR
$2.17B
| $4.24M | ﹤0.01% |
179,483
+804
| +0.4% | +$18.8K |
|
1579
Fossil Group
FOSL
$260M
| $4.21M | ﹤0.01% |
366,036
-714
| -0.2% | -$8.77K |
|
1580
Ethan Allen Interiors
ETD
$600M
| $4.17M | ﹤0.01% |
198,255
-386
| -0.2% | -$8.11K |
|
1581
Forrester Research
FORR
$199M
| $4.14M | ﹤0.01% |
88,027
+2,289
| +3% | +$110K |
|
|
TDAY
1582
USA Today Co
TDAY
$1.29B
| $4.12M | ﹤0.01% |
436,916
-29,593
| -6% | -$296K |
|
1583
Apple Hospitality REIT
APLE
$3.97B
| $4.12M | ﹤0.01% |
259,440
+236,499
| +1,031% | +$3.83M |
|
|
VSTO
1584
DELISTED
Vista Outdoor Inc.
VSTO
| $4.11M | ﹤0.01% |
462,987
+194
| +0% | +$1.66K |
|
1585
Monarch Casino & Resort
MCRI
$2.2B
| $4.07M | ﹤0.01% |
95,204
+169
| +0.2% | +$7.39K |
|
|
WSR
1586
DELISTED
Whitestone REIT
WSR
| $4.05M | ﹤0.01% |
319,444
-206
| -0.1% | -$2.58K |
|
1587
Vicor
VICR
$8.33B
| $4.05M | ﹤0.01% |
130,316
-15
| -0% | -$482 |
|
1588
Signet Jewelers
SIG
$3.84B
| $4.04M | ﹤0.01% |
225,810
-164
| -0.1% | -$3.52K |
|
1589
Ezcorp Inc
EZPW
$1.79B
| $4.02M | ﹤0.01% |
424,464
-821
| -0.2% | -$7.99K |
|
|
TUP
1590
DELISTED
Tupperware Brands Corporation
TUP
| $4.01M | ﹤0.01% |
210,866
+432
| +0.2% | +$9.71K |
|
1591
Buckle
BKE
$2.32B
| $4M | ﹤0.01% |
231,092
+550
| +0.2% | +$9.67K |
|
|
AKRX
1592
DELISTED
Akorn Inc
AKRX
| $4M | ﹤0.01% |
776,284
-9,395
| -1% | -$36.2K |
|
1593
MacroGenics
MGNX
$233M
| $3.98M | ﹤0.01% |
234,832
+51,952
| +28% | +$892K |
|
1594
Axcelis
ACLS
$3.44B
| $3.98M | ﹤0.01% |
264,200
+2,561
| +1% | +$45.7K |
|
1595
American Public Education
APEI
$940M
| $3.97M | ﹤0.01% |
134,265
+1,041
| +0.8% | +$31.9K |
|
|
UNT
1596
DELISTED
UNIT Corporation
UNT
| $3.96M | ﹤0.01% |
444,862
-4,480
| -1% | -$52K |
|
1597
Harmonic Inc
HLIT
$1.15B
| $3.95M | ﹤0.01% |
712,152
-459
| -0.1% | -$2.55K |
|
1598
Regis Corp
RGS
$68.4M
| $3.93M | ﹤0.01% |
11,828
-297
| -2% | -$112K |
|
|
AQ
1599
DELISTED
Aquantia Corp. Common Stock
AQ
| $3.92M | ﹤0.01% |
300,900
| – | – |
|
|
MNK
1600
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $3.92M | ﹤0.01% |
426,538
+63,166
| +17% | +$912K |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.