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 | |
|---|---|---|---|---|---|---|
|
LCI
1601
DELISTED
Lannett Company, Inc.
LCI
| $1.96M | ﹤0.01% |
70,403
-2,597
| -4% | -$87.2K |
|
1602
Lattice Semiconductor
LSCC
$18.2B
| $1.95M | ﹤0.01% |
109,665
+161
| +0.1% | +$3.05K |
|
|
KRA
1603
DELISTED
Kraton Corporation
KRA
| $1.95M | ﹤0.01% |
240,531
-9,948
| -4% | -$148K |
|
1604
Tradeweb Markets
TW
$21.6B
| $1.94M | ﹤0.01% |
46,101
+1,017
| +2% | +$46.6K |
|
|
RC
1605
Ready Capital
RC
$279M
| $1.93M | ﹤0.01% |
267,491
-11,063
| -4% | -$151K |
|
|
DOCU
1606
DocuSign
DOCU
$10.8B
| $1.92M | ﹤0.01% |
20,823
+919
| +5% | +$73.9K |
|
1607
Ethan Allen Interiors
ETD
$601M
| $1.92M | ﹤0.01% |
188,249
-7,678
| -4% | -$112K |
|
1608
Adaptive Biotechnologies
ADPT
$3.74B
| $1.92M | ﹤0.01% |
69,070
-4,800
| -6% | -$134K |
|
1609
Dorian LPG
LPG
$1.9B
| $1.91M | ﹤0.01% |
+219,702
| New | +$2.6M |
|
|
WSR
1610
DELISTED
Whitestone REIT
WSR
| $1.91M | ﹤0.01% |
308,280
-12,751
| -4% | -$150K |
|
1611
Macerich
MAC
$6.77B
| $1.9M | ﹤0.01% |
338,363
-129,473
| -28% | -$2.58M |
|
1612
Sarepta Therapeutics
SRPT
$1.75B
| $1.9M | ﹤0.01% |
19,438
+763
| +4% | +$87.2K |
|
1613
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $1.9M | ﹤0.01% |
20,000
-1,045,000
| -98% | -$110M |
|
|
CCRN
1614
DELISTED
Cross Country Healthcare
CCRN
| $1.89M | ﹤0.01% |
279,778
-11,571
| -4% | -$110K |
|
1615
Inspire Medical Systems
INSP
$1.71B
| $1.87M | ﹤0.01% |
31,016
+576
| +2% | +$42.6K |
|
|
NVTA
1616
DELISTED
Invitae Corporation
NVTA
| $1.87M | ﹤0.01% |
136,624
+853
| +0.6% | +$15.6K |
|
1617
Park Aerospace
PKE
$810M
| $1.86M | ﹤0.01% |
147,878
-6,120
| -4% | -$89.9K |
|
1618
iRhythm Holdings
IRTC
$4.13B
| $1.86M | ﹤0.01% |
22,886
+3,133
| +16% | +$260K |
|
|
PPLI
1619
People Inc
PPLI
$3.19B
| $1.86M | ﹤0.01% |
57,924
-16,556
| -22% | -$656K |
|
1620
Insteel Industries
IIIN
$629M
| $1.84M | ﹤0.01% |
138,821
-5,743
| -4% | -$114K |
|
1621
Motorcar Parts of America
MPAA
$257M
| $1.81M | ﹤0.01% |
143,827
-5,951
| -4% | -$109K |
|
1622
Atlassian
TEAM
$27.6B
| $1.8M | ﹤0.01% |
13,137
+1,781
| +16% | +$249K |
|
1623
Cato Corp
CATO
$66.5M
| $1.8M | ﹤0.01% |
168,914
-6,804
| -4% | -$103K |
|
1624
Helix Energy Solutions
HLX
$1.46B
| $1.79M | ﹤0.01% |
1,089,202
-41,015
| -4% | -$270K |
|
1625
Brinker International
EAT
$9.82B
| $1.78M | ﹤0.01% |
147,848
-54,374
| -27% | -$1.83M |
|
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.