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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
COR
151
DELISTED
Coresite Realty Corporation
COR
| $189M | 0.16% |
1,592,249
-11,394
| -0.7% | -$1.39M |
|
152
Texas Instruments
TXN
$252B
| $189M | 0.16% |
1,320,592
-90,027
| -6% | -$12.2M |
|
|
SCHW
153
Charles Schwab
SCHW
$183B
| $188M | 0.16% |
5,187,743
-106,863
| -2% | -$3.72M |
|
154
Qualcomm
QCOM
$155B
| $187M | 0.16% |
1,589,586
-114,132
| -7% | -$12.2M |
|
|
DFS
155
DELISTED
Discover Financial Services
DFS
| $184M | 0.15% |
3,179,638
-188,966
| -6% | -$9.9M |
|
156
Equity Residential
EQR
$24.9B
| $183M | 0.15% |
3,572,294
+17,582
| +0.5% | +$973K |
|
157
Morgan Stanley
MS
$331B
| $182M | 0.15% |
3,754,991
-85,693
| -2% | -$4.32M |
|
158
Lowe's Companies
LOW
$117B
| $178M | 0.15% |
1,070,368
-74,573
| -7% | -$11.5M |
|
159
Icon
ICLR
$12.6B
| $173M | 0.15% |
906,537
-65,592
| -7% | -$12.1M |
|
160
Enovis
ENOV
$1.68B
| $173M | 0.15% |
3,199,946
-285,937
| -8% | -$15.7M |
|
161
WEC Energy
WEC
$35.7B
| $172M | 0.14% |
1,777,558
-68,460
| -4% | -$6.38M |
|
162
Brown-Forman Class B
BF.B
$13.2B
| $170M | 0.14% |
2,256,952
-74,957
| -3% | -$5.37M |
|
163
Kilroy Realty
KRC
$4.52B
| $170M | 0.14% |
3,268,037
-2,561
| -0.1% | -$146K |
|
164
Target
TGT
$65.6B
| $168M | 0.14% |
1,069,718
+175,011
| +20% | +$24M |
|
165
Howard Hughes
HHH
$3.81B
| $168M | 0.14% |
3,066,275
+14,585
| +0.5% | +$779K |
|
166
Philip Morris
PM
$297B
| $167M | 0.14% |
2,223,052
-127,885
| -5% | -$9.87M |
|
167
3M
MMM
$90.9B
| $167M | 0.14% |
1,244,591
-89,371
| -7% | -$12M |
|
168
Simon Property Group
SPG
$74.4B
| $166M | 0.14% |
2,572,194
-18,786
| -0.7% | -$1.23M |
|
169
United Parcel Service
UPS
$88.6B
| $164M | 0.14% |
986,870
-58,023
| -6% | -$8.45M |
|
170
Shopify
SHOP
$152B
| $164M | 0.14% |
1,599,990
-138,970
| -8% | -$13.8M |
|
171
Tyson Foods
TSN
$20.4B
| $158M | 0.13% |
2,663,693
-55,454
| -2% | -$3.42M |
|
|
LSXMK
172
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $157M | 0.13% |
6,136,033
-475,958
| -7% | -$12.9M |
|
173
Corteva
CTVA
$52.6B
| $157M | 0.13% |
5,439,697
+459,975
| +9% | +$13M |
|
174
ServiceNow
NOW
$115B
| $155M | 0.13% |
1,593,755
-150,045
| -9% | -$13.4M |
|
175
Eversource Energy
ES
$26.9B
| $152M | 0.13% |
1,823,865
-35,125
| -2% | -$3.01M |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.