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 | |
|---|---|---|---|---|---|---|
|
CMO
1651
DELISTED
Capstead Mortgage Corp.
CMO
| $3.86M | ﹤0.01% |
663,710
-26,319
| -4% | -$150K |
|
1652
AdvanSix
ASIX
$549M
| $3.85M | ﹤0.01% |
192,823
-7,957
| -4% | -$136K |
|
1653
Donnelley Financial Solutions
DFIN
$1.17B
| $3.81M | ﹤0.01% |
224,334
+8,977
| +4% | +$139K |
|
1654
Century Aluminum
CENX
$4.74B
| $3.8M | ﹤0.01% |
344,727
-13,714
| -4% | -$124K |
|
1655
Digi International
DGII
$3.05B
| $3.8M | ﹤0.01% |
201,157
-6,822
| -3% | -$117K |
|
|
GPMT
1656
Granite Point Mortgage Trust
GPMT
$60.4M
| $3.79M | ﹤0.01% |
379,765
-15,109
| -4% | -$128K |
|
1657
CrowdStrike
CRWD
$207B
| $3.79M | ﹤0.01% |
71,624
-5,000
| -7% | -$195K |
|
1658
Under Armour Class C
UA
$2.72B
| $3.78M | ﹤0.01% |
254,295
-18,997
| -7% | -$254K |
|
1659
iShares Russell Mid-Cap ETF
IWR
$57B
| $3.75M | ﹤0.01% |
54,683
+27,965
| +105% | +$1.78M |
|
1660
United Fire Group
UFCS
$1.41B
| $3.72M | ﹤0.01% |
148,086
-5,889
| -4% | -$134K |
|
|
ISBC
1661
DELISTED
Investors Bancorp, Inc.
ISBC
| $3.71M | ﹤0.01% |
351,609
+328,890
| +1,448% | +$3M |
|
|
GRA
1662
DELISTED
W.R. Grace & Co.
GRA
| $3.66M | ﹤0.01% |
66,747
+61,494
| +1,171% | +$3.09M |
|
1663
Plug Power
PLUG
$2.96B
| $3.63M | ﹤0.01% |
107,107
+55,667
| +108% | +$1.26M |
|
|
PENG
1664
Penguin Solutions Inc
PENG
$2.94B
| $3.6M | ﹤0.01% |
191,502
-57,702
| -23% | -$862K |
|
|
CHUY
1665
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $3.59M | ﹤0.01% |
135,486
-5,353
| -4% | -$127K |
|
1666
iShares Russell Mid-Cap Growth ETF
IWP
$20.5B
| $3.58M | ﹤0.01% |
34,894
-5,880
| -14% | -$560K |
|
|
LBAI
1667
DELISTED
Lakeland Bancorp Inc
LBAI
| $3.57M | ﹤0.01% |
281,311
+37,202
| +15% | +$438K |
|
|
SLCA
1668
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $3.57M | ﹤0.01% |
508,716
-19,816
| -4% | -$86.1K |
|
|
SPPI
1669
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $3.53M | ﹤0.01% |
1,033,923
-42,287
| -4% | -$174K |
|
|
RC
1670
Ready Capital
RC
$274M
| $3.5M | ﹤0.01% |
281,017
-13,356
| -5% | -$164K |
|
1671
Haverty Furniture Companies
HVT
$458M
| $3.49M | ﹤0.01% |
126,288
-6,812
| -5% | -$180K |
|
|
CLDT
1672
Chatham Lodging
CLDT
$617M
| $3.49M | ﹤0.01% |
323,128
-12,792
| -4% | -$123K |
|
|
LDL
1673
DELISTED
Lydall, Inc.
LDL
| $3.48M | ﹤0.01% |
115,889
-4,802
| -4% | -$116K |
|
1674
Ethan Allen Interiors
ETD
$607M
| $3.46M | ﹤0.01% |
171,410
-13,410
| -7% | -$236K |
|
1675
Dorian LPG
LPG
$1.87B
| $3.46M | ﹤0.01% |
284,042
-38,864
| -12% | -$385K |
|
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.