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 | |
|---|---|---|---|---|---|---|
1601
SM Energy
SM
$7.02B
| $4.49M | ﹤0.01% |
732,996
-28,402
| -4% | -$95.8K |
|
1602
Banc of California
BANC
$3.04B
| $4.48M | ﹤0.01% |
304,673
-12,064
| -4% | -$158K |
|
|
AHRT
1603
AH Realty Trust
AHRT
$517M
| $4.47M | ﹤0.01% |
398,538
-18,394
| -4% | -$186K |
|
1604
Southern Copper
SCCO
$162B
| $4.47M | ﹤0.01% |
74,071
-12,934
| -15% | -$666K |
|
1605
PetMed Express
PETS
$42.1M
| $4.47M | ﹤0.01% |
139,455
-5,753
| -4% | -$177K |
|
1606
HealthStream
HSTM
$816M
| $4.44M | ﹤0.01% |
203,263
+2,395
| +1% | +$48.1K |
|
|
TRST
1607
Trustco Bank Corp NY
TRST
$966M
| $4.42M | ﹤0.01% |
132,676
-6,726
| -5% | -$203K |
|
|
KREF
1608
KKR Real Estate Finance Trust
KREF
$479M
| $4.42M | ﹤0.01% |
246,678
-26,799
| -10% | -$474K |
|
|
ABTX
1609
DELISTED
Allegiance Bancshares
ABTX
| $4.42M | ﹤0.01% |
129,413
-5,043
| -4% | -$153K |
|
1610
DMC Global
BOOM
$156M
| $4.4M | ﹤0.01% |
101,633
-4,009
| -4% | -$158K |
|
|
AAN
1611
DELISTED
The Aaron's Company Inc
AAN
| $4.38M | ﹤0.01% |
+230,935
| New | +$4.25M |
|
1612
Zoom
ZM
$29.3B
| $4.37M | ﹤0.01% |
12,943
+173
| +1% | +$77.1K |
|
|
USCR
1613
DELISTED
U S Concrete, Inc.
USCR
| $4.36M | ﹤0.01% |
108,982
-4,308
| -4% | -$153K |
|
1614
PDF Solutions
PDFS
$2.08B
| $4.35M | ﹤0.01% |
201,583
-25,257
| -11% | -$530K |
|
1615
Gold Fields
GFI
$33.4B
| $4.34M | ﹤0.01% |
468,040
+170,306
| +57% | +$1.8M |
|
1616
Sarepta Therapeutics
SRPT
$1.81B
| $4.32M | ﹤0.01% |
25,337
+209
| +0.8% | +$31K |
|
1617
Central Pacific Financial
CPF
$1.02B
| $4.31M | ﹤0.01% |
226,694
-7,880
| -3% | -$128K |
|
1618
Clearwater Paper
CLW
$367M
| $4.3M | ﹤0.01% |
114,009
-4,528
| -4% | -$169K |
|
|
DCT
1619
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $4.29M | ﹤0.01% |
99,133
+40,975
| +70% | +$1.74M |
|
1620
MGP Ingredients
MGPI
$385M
| $4.27M | ﹤0.01% |
90,768
-3,594
| -4% | -$155K |
|
|
AL
1621
DELISTED
Air Lease Corp
AL
| $4.27M | ﹤0.01% |
96,113
+88,254
| +1,123% | +$3.16M |
|
1622
AngioDynamics
ANGO
$626M
| $4.26M | ﹤0.01% |
277,865
-26,675
| -9% | -$339K |
|
|
AEGN
1623
DELISTED
Aegion Corp
AEGN
| $4.26M | ﹤0.01% |
224,233
-6,217
| -3% | -$104K |
|
1624
Invesco Mortgage Capital
IVR
$760M
| $4.26M | ﹤0.01% |
125,924
-5,145
| -4% | -$159K |
|
1625
AngloGold Ashanti
AU
$44.1B
| $4.25M | ﹤0.01% |
188,123
+56,662
| +43% | +$1.36M |
|
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.