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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
Sinclair Inc
SBGI
$1.02B
| $2.73M | ﹤0.01% |
50,855
+40,453
| +389% | +$2.05M |
|
1677
FIVE9
FIVN
$2.08B
| $2.72M | ﹤0.01% |
53,108
+43,993
| +483% | +$2.23M |
|
|
CADE
1678
DELISTED
Cadence Bancorporation
CADE
| $2.72M | ﹤0.01% |
130,714
-181,891
| -58% | -$3.74M |
|
1679
Generac Holdings
GNRC
$11.5B
| $2.71M | ﹤0.01% |
39,120
-14,641
| -27% | -$856K |
|
|
PINC
1680
DELISTED
Premier
PINC
| $2.71M | ﹤0.01% |
69,290
+28,718
| +71% | +$1.04M |
|
|
HIBB
1681
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.68M | ﹤0.01% |
147,453
-1,595
| -1% | -$33.5K |
|
1682
Powell Industries
POWL
$6.79B
| $2.68M | ﹤0.01% |
211,260
-6
| -0% | -$67 |
|
|
LL
1683
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.66M | ﹤0.01% |
230,057
+71
| +0% | +$800 |
|
1684
Haverty Furniture Companies
HVT
$418M
| $2.65M | ﹤0.01% |
155,533
+3,038
| +2% | +$59.9K |
|
1685
Rayonier Advanced Materials
RYAM
$562M
| $2.62M | ﹤0.01% |
403,299
+3,419
| +0.9% | +$35.6K |
|
1686
Park Aerospace
PKE
$720M
| $2.61M | ﹤0.01% |
156,131
+1,336
| +0.9% | +$21.4K |
|
|
TLRD
1687
DELISTED
Tailored Brands, Inc.
TLRD
| $2.6M | ﹤0.01% |
450,417
+9,676
| +2% | +$67.1K |
|
1688
News Corp Class B
NWS
$17.7B
| $2.59M | ﹤0.01% |
185,592
+24
| +0% | +$298 |
|
1689
Metallus
MTUS
$833M
| $2.57M | ﹤0.01% |
315,946
+371
| +0.1% | +$3.36K |
|
|
SAGE
1690
DELISTED
Sage Therapeutics
SAGE
| $2.56M | ﹤0.01% |
13,958
+1,076
| +8% | +$184K |
|
1691
WisdomTree International High Dividend Fund
DTH
$644M
| $2.55M | ﹤0.01% |
+63,033
| New | +$2.54M |
|
|
WCC
1692
WESCO International
WCC
$15.1B
| $2.53M | ﹤0.01% |
49,884
+45,074
| +937% | +$2.36M |
|
|
ACOR
1693
DELISTED
Acorda Therapeutics
ACOR
| $2.51M | ﹤0.01% |
2,731
+25
| +0.9% | +$30.7K |
|
|
SHOE
1694
Shoe Station Group
SHOE
$424M
| $2.49M | ﹤0.01% |
180,368
-2,050
| -1% | -$31.9K |
|
|
FRGI
1695
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $2.49M | ﹤0.01% |
189,345
+1,908
| +1% | +$25.5K |
|
1696
American Coastal Insurance
ACIC
$536M
| $2.47M | ﹤0.01% |
173,179
+469
| +0.3% | +$7K |
|
|
CRCM
1697
DELISTED
CARE.COM, INC.
CRCM
| $2.46M | ﹤0.01% |
224,413
-3,345
| -1% | -$50.6K |
|
1698
Clearwater Paper
CLW
$349M
| $2.45M | ﹤0.01% |
132,452
+174
| +0.1% | +$3.26K |
|
1699
Future Fuel
FF
$205M
| $2.42M | ﹤0.01% |
206,988
-403
| -0.2% | -$5.01K |
|
1700
Ionis Pharmaceuticals
IONS
$8.93B
| $2.4M | ﹤0.01% |
37,381
+928
| +3% | +$65.6K |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.