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 | |
|---|---|---|---|---|---|---|
1626
ProPetro Holding
PUMP
$1.35B
| $1.77M | ﹤0.01% |
706,532
-13,656
| -2% | -$110K |
|
1627
Ecopetrol
EC
$33.7B
| $1.76M | ﹤0.01% |
185,509
-40,683
| -18% | -$673K |
|
|
CIR
1628
DELISTED
CIRCOR International, Inc
CIR
| $1.76M | ﹤0.01% |
151,051
-6,249
| -4% | -$220K |
|
1629
nLIGHT
LASR
$4.24B
| $1.75M | ﹤0.01% |
167,200
-5,500
| -3% | -$93.8K |
|
1630
GameStop
GME
$8.53B
| $1.75M | ﹤0.01% |
1,999,588
-82,692
| -4% | -$88.6K |
|
1631
Palo Alto Networks
PANW
$296B
| $1.75M | ﹤0.01% |
63,996
+4,344
| +7% | +$152K |
|
1632
Workday
WDAY
$42.1B
| $1.74M | ﹤0.01% |
+13,361
| New | +$2.25M |
|
1633
Ionis Pharmaceuticals
IONS
$9.01B
| $1.74M | ﹤0.01% |
36,702
+1,244
| +4% | +$69.3K |
|
1634
Powell Industries
POWL
$7.59B
| $1.72M | ﹤0.01% |
200,457
-8,298
| -4% | -$99.2K |
|
1635
International Seaways
INSW
$4.49B
| $1.71M | ﹤0.01% |
+71,685
| New | +$1.63M |
|
1636
Patterson-UTI
PTEN
$3.64B
| $1.7M | ﹤0.01% |
723,621
-204,694
| -22% | -$1.32M |
|
1637
MarineMax
HZO
$796M
| $1.7M | ﹤0.01% |
162,775
-6,734
| -4% | -$110K |
|
1638
Haverty Furniture Companies
HVT
$450M
| $1.68M | ﹤0.01% |
141,557
-5,662
| -4% | -$99.6K |
|
|
CIVI
1639
DELISTED
Civitas Resources
CIVI
| $1.66M | ﹤0.01% |
147,785
-5,801
| -4% | -$97.6K |
|
1640
Ezcorp Inc
EZPW
$1.83B
| $1.66M | ﹤0.01% |
398,798
-19,720
| -5% | -$102K |
|
1641
DNOW Inc
DNOW
$2.6B
| $1.66M | ﹤0.01% |
321,567
-140,383
| -30% | -$1.26M |
|
1642
Yum China
YUMC
$16.3B
| $1.65M | ﹤0.01% |
38,744
+2,491
| +7% | +$111K |
|
1643
AppFolio
APPF
$6.84B
| $1.65M | ﹤0.01% |
14,882
+61
| +0.4% | +$7.28K |
|
1644
Marvell Technology
MRVL
$189B
| $1.64M | ﹤0.01% |
72,415
+11,984
| +20% | +$287K |
|
1645
Garrett Motion
GTX
$5.86B
| $1.62M | ﹤0.01% |
567,690
-23,523
| -4% | -$171K |
|
|
AMAG
1646
DELISTED
AMAG Pharmaceuticals
AMAG
| $1.62M | ﹤0.01% |
262,262
-10,643
| -4% | -$93.8K |
|
1647
Avantor
AVTR
$9.04B
| $1.62M | ﹤0.01% |
129,662
+14,727
| +13% | +$236K |
|
1648
Spotify
SPOT
$99.1B
| $1.61M | ﹤0.01% |
13,286
-262
| -2% | -$37.1K |
|
1649
Virtu Financial
VIRT
$5.16B
| $1.61M | ﹤0.01% |
77,387
+1,912
| +3% | +$35.3K |
|
1650
Modine Manufacturing
MOD
$10.3B
| $1.61M | ﹤0.01% |
494,723
-40,654
| -8% | -$270K |
|
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.