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 | |
|---|---|---|---|---|---|---|
1601
Community Health Systems
CYH
$393M
| $3.67M | ﹤0.01% |
1,018,072
-10,318
| -1% | -$26.9K |
|
1602
Apple Hospitality REIT
APLE
$3.9B
| $3.66M | ﹤0.01% |
220,493
-38,947
| -15% | -$616K |
|
|
PS
1603
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $3.64M | ﹤0.01% |
216,781
-12,909
| -6% | -$278K |
|
1604
OraSure Technologies
OSUR
$279M
| $3.64M | ﹤0.01% |
486,844
-10,814
| -2% | -$84.6K |
|
|
PGNX
1605
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $3.58M | ﹤0.01% |
707,628
+4,436
| +0.6% | +$22.1K |
|
1606
Phibro Animal Health
PAHC
$1.47B
| $3.57M | ﹤0.01% |
167,574
-2,328
| -1% | -$63.8K |
|
|
GPOR
1607
DELISTED
Gulfport Energy Corp.
GPOR
| $3.55M | ﹤0.01% |
1,311,458
+8,160
| +0.6% | +$27.2K |
|
1608
National Presto Industries
NPK
$871M
| $3.54M | ﹤0.01% |
39,725
-666
| -2% | -$60.2K |
|
|
HAYN
1609
DELISTED
Haynes International, Inc.
HAYN
| $3.54M | ﹤0.01% |
98,694
-1,679
| -2% | -$53.1K |
|
|
CIVI
1610
DELISTED
Civitas Resources
CIVI
| $3.51M | ﹤0.01% |
156,836
-3,287
| -2% | -$73.1K |
|
|
LCI
1611
DELISTED
Lannett Company, Inc.
LCI
| $3.5M | ﹤0.01% |
78,085
-1,615
| -2% | -$54.9K |
|
|
VTLE
1612
DELISTED
Vital Energy
VTLE
| $3.47M | ﹤0.01% |
72,070
+9,747
| +16% | +$539K |
|
|
LBAI
1613
DELISTED
Lakeland Bancorp Inc
LBAI
| $3.46M | ﹤0.01% |
224,168
-1,383
| -0.6% | -$21.5K |
|
|
EXAS
1614
DELISTED
Exact Sciences
EXAS
| $3.46M | ﹤0.01% |
38,259
-3,937
| -9% | -$449K |
|
|
LDL
1615
DELISTED
Lydall, Inc.
LDL
| $3.44M | ﹤0.01% |
138,304
-2,298
| -2% | -$49.1K |
|
|
PENG
1616
Penguin Solutions Inc
PENG
$2.7B
| $3.44M | ﹤0.01% |
270,212
+11,848
| +5% | +$172K |
|
|
SPTN
1617
DELISTED
SpartanNash
SPTN
| $3.44M | ﹤0.01% |
290,982
-4,665
| -2% | -$52.5K |
|
1618
REX American Resources
REX
$1.42B
| $3.42M | ﹤0.01% |
269,208
-6,672
| -2% | -$82.6K |
|
|
JAG
1619
DELISTED
Jagged Peak Energy Inc.
JAG
| $3.42M | ﹤0.01% |
+471,565
| New | +$3.49M |
|
|
ACH
1620
Accendra Health
ACH
$237M
| $3.41M | ﹤0.01% |
587,106
-1,518
| -0.3% | -$6.81K |
|
|
VIVO
1621
DELISTED
Meridian Bioscience Inc
VIVO
| $3.41M | ﹤0.01% |
358,930
-3,119
| -0.9% | -$32.9K |
|
1622
Red Robin
RRGB
$145M
| $3.4M | ﹤0.01% |
102,283
-1,708
| -2% | -$56.1K |
|
1623
Acadia Pharmaceuticals
ACAD
$4.43B
| $3.38M | ﹤0.01% |
93,965
+8,378
| +10% | +$254K |
|
|
CNR
1624
Core Natural Resources Inc
CNR
$4.02B
| $3.38M | ﹤0.01% |
216,366
-6,379
| -3% | -$125K |
|
1625
Denali Therapeutics
DNLI
$3.65B
| $3.35M | ﹤0.01% |
218,763
-1,354
| -0.6% | -$25.9K |
|
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.