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 | |
|---|---|---|---|---|---|---|
1701
Digi International
DGII
$2.63B
| $2.25M | ﹤0.01% |
223,002
+3,032
| +1% | +$35.1K |
|
1702
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.23B
| $2.25M | ﹤0.01% |
+80,807
| New | +$2.49M |
|
|
SAGE
1703
DELISTED
Sage Therapeutics
SAGE
| $2.22M | ﹤0.01% |
23,202
+243
| +1% | +$27.8K |
|
|
LL
1704
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.21M | ﹤0.01% |
232,355
+1,517
| +0.7% | +$18.3K |
|
|
HIBB
1705
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.18M | ﹤0.01% |
152,489
-2,742
| -2% | -$46.6K |
|
|
CSOD
1706
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $2.18M | ﹤0.01% |
43,229
+30,972
| +253% | +$1.57M |
|
|
CCRN
1707
DELISTED
Cross Country Healthcare
CCRN
| $2.16M | ﹤0.01% |
294,310
+1,252
| +0.4% | +$10.5K |
|
1708
News Corp Class B
NWS
$16.9B
| $2.15M | ﹤0.01% |
185,989
-5,166
| -3% | -$67.5K |
|
|
ONCE
1709
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $2.12M | ﹤0.01% |
54,092
-6,410
| -11% | -$278K |
|
|
FTR
1710
DELISTED
Frontier Communications Corp.
FTR
| $2.07M | ﹤0.01% |
869,284
+4,526
| +0.5% | +$19.2K |
|
|
PETX
1711
DELISTED
Aratana Therapeutics, Inc.
PETX
| $2.06M | ﹤0.01% |
335,400
-10,525
| -3% | -$64.2K |
|
1712
Agilysys
AGYS
$2.97B
| $2.05M | ﹤0.01% |
143,261
+800
| +0.6% | +$12.6K |
|
1713
Blackstone Mortgage Trust
BXMT
$2.45B
| $2.02M | ﹤0.01% |
63,335
-217,785
| -77% | -$7.37M |
|
1714
MacroGenics
MGNX
$235M
| $2.02M | ﹤0.01% |
158,661
+456
| +0.3% | +$7.65K |
|
|
ICPT
1715
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $2.01M | ﹤0.01% |
19,914
+11,858
| +147% | +$1.23M |
|
1716
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.76B
| $1.99M | ﹤0.01% |
+71,282
| New | +$1.96M |
|
1717
Alliance Resource Partners
ARLP
$3.34B
| $1.98M | ﹤0.01% |
113,928
-1,371,708
| -92% | -$26.7M |
|
|
CUTR
1718
DELISTED
Cutera, Inc.
CUTR
| $1.96M | ﹤0.01% |
114,866
-4,102
| -3% | -$83.7K |
|
1719
Spok Holdings
SPOK
$228M
| $1.95M | ﹤0.01% |
146,898
+784
| +0.5% | +$11.3K |
|
|
ASRT
1720
DELISTED
Assertio
ASRT
| $1.95M | ﹤0.01% |
8,979
+6
| +0.1% | +$1.8K |
|
1721
CoStar Group
CSGP
$11.7B
| $1.92M | ﹤0.01% |
57,040
-11,380
| -17% | -$416K |
|
1722
Titan International
TWI
$466M
| $1.9M | ﹤0.01% |
408,612
+2,484
| +0.6% | +$16.1K |
|
1723
PDF Solutions
PDFS
$1.93B
| $1.9M | ﹤0.01% |
225,344
+2,158
| +1% | +$18.3K |
|
1724
iShares National Muni Bond ETF
MUB
$45.1B
| $1.9M | ﹤0.01% |
+17,398
| New | +$1.87M |
|
|
LKSD
1725
DELISTED
LSC Communications, Inc.
LKSD
| $1.89M | ﹤0.01% |
270,514
+1,065
| +0.4% | +$9.68K |
|
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.