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 |
Linde
LIN
|
+$219M |
| 2 |
TCO
Taubman Centers Inc.
TCO
|
+$96.5M |
| 3 |
WIX.com
WIX
|
+$96.5M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$84.9M |
| 5 |
American Homes 4 Rent
AMH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ross Stores
ROST
|
+$250M |
| 2 |
Simon Property Group
SPG
|
+$202M |
| 3 |
PX
Praxair Inc
PX
|
+$171M |
| 4 |
Alibaba
BABA
|
+$160M |
| 5 |
O'Reilly Automotive
ORLY
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.05% |
| 3 | Technology | 13.99% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Healthcare | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
Sabesp
SBS
$19.1B
| $2.9M | ﹤0.01% |
1,856,085
+138,138
| +8% | +$199K |
|
1652
American Coastal Insurance
ACIC
$515M
| $2.9M | ﹤0.01% |
174,488
+1,610
| +0.9% | +$30.6K |
|
1653
Haverty Furniture Companies
HVT
$397M
| $2.89M | ﹤0.01% |
154,069
-976
| -0.6% | -$20.1K |
|
1654
Veeco
VECO
$3.05B
| $2.88M | ﹤0.01% |
388,015
-5,940
| -2% | -$50.8K |
|
|
LDL
1655
DELISTED
Lydall, Inc.
LDL
| $2.87M | ﹤0.01% |
141,320
+988
| +0.7% | +$27K |
|
1656
Griffon
GFF
$3.95B
| $2.87M | ﹤0.01% |
274,404
+1,853
| +0.7% | +$23.5K |
|
|
DF
1657
DELISTED
Dean Foods Company
DF
| $2.87M | ﹤0.01% |
752,525
+3,566
| +0.5% | +$21.6K |
|
|
WAAS
1658
DELISTED
AquaVenture Holdings Limited
WAAS
| $2.85M | ﹤0.01% |
151,019
+6,619
| +5% | +$120K |
|
1659
Energy Recovery
ERII
$446M
| $2.85M | ﹤0.01% |
422,835
-22,930
| -5% | -$181K |
|
1660
Koppers
KOP
$943M
| $2.84M | ﹤0.01% |
166,498
-4,493
| -3% | -$106K |
|
1661
Universal Electronics
UEIC
$57.8M
| $2.83M | ﹤0.01% |
112,087
+410
| +0.4% | +$13.3K |
|
1662
Park Aerospace
PKE
$737M
| $2.83M | ﹤0.01% |
156,390
+1,098
| +0.7% | +$19.8K |
|
1663
Red Robin
RRGB
$145M
| $2.81M | ﹤0.01% |
105,365
+421
| +0.4% | +$14.2K |
|
1664
Cytokinetics
CYTK
$10.5B
| $2.81M | ﹤0.01% |
444,178
-5,089
| -1% | -$37.3K |
|
1665
Metallus
MTUS
$838M
| $2.78M | ﹤0.01% |
318,522
+1,726
| +0.5% | +$19.8K |
|
1666
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.2B
| $2.78M | ﹤0.01% |
+104,954
| New | +$2.96M |
|
1667
El Pollo Loco
LOCO
$501M
| $2.74M | ﹤0.01% |
180,786
+3,094
| +2% | +$44.5K |
|
|
CBL
1668
DELISTED
CBL& Associates Properties, Inc.
CBL
| $2.73M | ﹤0.01% |
1,422,183
+6,330
| +0.4% | +$18.6K |
|
1669
Community Health Systems
CYH
$393M
| $2.71M | ﹤0.01% |
960,373
-6,859
| -0.7% | -$23.5K |
|
|
UCTT
1670
Ultra Clean Holdings
UCTT
$3.73B
| $2.7M | ﹤0.01% |
318,409
-44,537
| -12% | -$435K |
|
1671
UNIFI
UFI
$119M
| $2.69M | ﹤0.01% |
117,903
+941
| +0.8% | +$23.8K |
|
|
AKRX
1672
DELISTED
Akorn Inc
AKRX
| $2.69M | ﹤0.01% |
794,082
+384,145
| +94% | +$2.29M |
|
|
PVAL
1673
DELISTED
Principal Contrarian Value Index ETF
PVAL
| $2.68M | ﹤0.01% |
119,905
| – | – |
|
|
HAYN
1674
DELISTED
Haynes International, Inc.
HAYN
| $2.68M | ﹤0.01% |
101,516
+514
| +0.5% | +$15.9K |
|
1675
Tootsie Roll Industries
TR
$2.93B
| $2.66M | ﹤0.01% |
101,033
-1,351
| -1% | -$34.5K |
|
Similar funds
Principal Financial Group's Q4 2018 Portfolio in Review
As of Q4 2018, Principal Financial Group held 2,412 positions worth $93.8B, down 17% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group withdrew a net $4.07B in Q4 2018, closing 172 positions and reducing 1,316 holdings. Its most notable exit was Praxair Inc, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
Against the trend, Principal Financial Group opened a new position in Linde worth $216M.
- Principal Financial Group's largest Q4 2018 buy was Linde: 1,382,859 shares worth $216M.
- Principal Financial Group added most to Taubman Centers Inc. in Q4 2018, an estimated $96.5M increase.
- Principal Financial Group's biggest Q4 2018 reduction was Ross Stores, cutting an estimated $250M.
- Principal Financial Group fully exited Praxair Inc in Q4 2018, selling an estimated $171M.
- Principal Financial Group's ten largest holdings make up 11% of its $93.8B portfolio in Q4 2018.
- Principal Financial Group opened 124 new positions and closed 172 in Q4 2018.
- Principal Financial Group's portfolio value fell 17% quarter-over-quarter to $93.8B.
Based on Principal Financial Group's 13F filing for Q4 2018, filed 14 Feb 2019.