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 | |
|---|---|---|---|---|---|---|
1626
Par Pacific Holdings
PARR
$3.45B
| $4.25M | ﹤0.01% |
304,350
-9,205
| -3% | -$95.1K |
|
1627
Sociedad Química y Minera de Chile
SQM
$20.7B
| $4.25M | ﹤0.01% |
86,610
-37,099
| -30% | -$1.56M |
|
1628
Arlo Technologies
ARLO
$1.71B
| $4.24M | ﹤0.01% |
543,708
-15,198
| -3% | -$92.5K |
|
1629
Under Armour
UAA
$2.79B
| $4.24M | ﹤0.01% |
246,642
-21,115
| -8% | -$323K |
|
1630
RingCentral
RNG
$5.06B
| $4.22M | ﹤0.01% |
11,147
+276
| +3% | +$85.8K |
|
|
CSOD
1631
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $4.21M | ﹤0.01% |
95,627
-19,611
| -17% | -$812K |
|
|
PLLL
1632
DELISTED
Piedmont Lithium Limited American Depositary Receipts
PLLL
| $4.21M | ﹤0.01% |
+158,470
| New | +$4.21M |
|
1633
Opko Health
OPK
$1.01B
| $4.12M | ﹤0.01% |
1,044,046
+55,092
| +6% | +$230K |
|
1634
Urban Edge Properties
UE
$2.74B
| $4.12M | ﹤0.01% |
318,364
+1,119
| +0.4% | +$13.4K |
|
|
VXRT
1635
DELISTED
Vaxart
VXRT
| $4.12M | ﹤0.01% |
+721,593
| New | +$4.59M |
|
1636
Comtech Telecommunications
CMTL
$52.1M
| $4.12M | ﹤0.01% |
199,043
-28,860
| -13% | -$505K |
|
1637
WisdomTree
WT
$3.36B
| $4.11M | ﹤0.01% |
767,624
-46,844
| -6% | -$202K |
|
|
SRDX
1638
DELISTED
Surmodics
SRDX
| $4.09M | ﹤0.01% |
94,078
-3,523
| -4% | -$139K |
|
1639
Customers Bancorp
CUBI
$2.78B
| $4.07M | ﹤0.01% |
223,658
-22,363
| -9% | -$355K |
|
1640
Trade Desk
TTD
$8.44B
| $4.04M | ﹤0.01% |
50,460
-1,730
| -3% | -$131K |
|
1641
Palo Alto Networks
PANW
$286B
| $4.03M | ﹤0.01% |
68,094
-15,444
| -18% | -$722K |
|
1642
Cooper-Standard Automotive
CPS
$528M
| $4.03M | ﹤0.01% |
116,238
-4,790
| -4% | -$133K |
|
1643
Okta
OKTA
$24.8B
| $4.03M | ﹤0.01% |
15,830
+677
| +4% | +$161K |
|
|
VISN
1644
Vistance Networks Inc
VISN
$2.4B
| $4.02M | ﹤0.01% |
300,204
+285,776
| +1,981% | +$3.15M |
|
1645
Agios Pharmaceuticals
AGIO
$1.93B
| $3.99M | ﹤0.01% |
92,001
+77,466
| +533% | +$3.06M |
|
1646
iShares National Muni Bond ETF
MUB
$45.4B
| $3.98M | ﹤0.01% |
33,977
-37,428
| -52% | -$4.35M |
|
1647
PC Connection
CNXN
$2.17B
| $3.95M | ﹤0.01% |
83,453
-15,493
| -16% | -$712K |
|
1648
Guardant Health
GH
$21.3B
| $3.94M | ﹤0.01% |
30,573
+1,343
| +5% | +$155K |
|
1649
Ultragenyx Pharmaceutical
RARE
$2.47B
| $3.93M | ﹤0.01% |
28,360
+7,370
| +35% | +$874K |
|
1650
Invesco S&P 500 Equal Weight ETF
RSP
$99B
| $3.86M | ﹤0.01% |
30,288
+4,269
| +16% | +$508K |
|
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.