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
| 1 |
NVIDIA
NVDA
|
$3.8B |
| 2 |
Equity Residential
EQR
|
$411M |
| 3 |
Cadence Design Systems
CDNS
|
$345M |
| 4 |
MSCI
MSCI
|
$300M |
| 5 |
Equinix
EQIX
|
$181M |
Top Sells
| 1 |
Union Pacific
UNP
|
$403M |
| 2 |
TransDigm Group
TDG
|
$264M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
$238M |
| 4 |
Essex Property Trust
ESS
|
$205M |
| 5 |
Progressive
PGR
|
$181M |
Sector Composition
| 1 | Technology | 20.77% |
| 2 | Financials | 15.31% |
| 3 | Real Estate | 13.85% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 10.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Citigroup
C
$178B
| $212M | 0.13% | 3,344,727 +409,648 | +14% | +$26M |
|
152
Medtronic
MDT
$119B
| $209M | 0.12% | 2,661,611 -87,584 | -3% | -$6.89M |
|
153
TJX Companies
TJX
$152B
| $209M | 0.12% | 1,895,156 +500,036 | +36% | +$55.1M |
|
154
GE Aerospace
GE
$292B
| $203M | 0.12% | 1,275,010 +65,463 | +5% | +$10.4M |
|
|
155
Union Pacific
UNP
$133B
| $201M | 0.12% | 888,978 -1,779,491 | -67% | -$403M |
|
156
Verizon
VZ
$186B
| $199M | 0.12% | 4,825,186 -67,234 | -1% | -$2.77M |
|
157
Simon Property Group
SPG
$59B
| $196M | 0.12% | 1,292,040 +450 | +0% | +$68.3K |
|
158
Schlumberger
SLB
$55B
| $196M | 0.12% | 4,154,567 +35,319 | +0.9% | +$1.67M |
|
159
Canadian Pacific Kansas City
CP
$69.9B
| $196M | 0.12% | 2,485,175 +628,800 | +34% | +$49.5M |
|
160
Air Products & Chemicals
APD
$65.5B
| $195M | 0.12% | 756,462 -73,797 | -9% | -$19M |
|
161
ServiceNow
NOW
$190B
| $194M | 0.12% | 247,222 -6,573 | -3% | -$5.17M |
|
162
Starbucks
SBUX
$100B
| $194M | 0.12% | 2,495,008 -175,789 | -7% | -$13.7M |
|
|
SUM
163
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $190M | 0.11% | 5,194,716 -129,361 | -2% | -$4.74M |
|
164
Amgen
AMGN
$155B
| $187M | 0.11% | 599,387 -14,203 | -2% | -$4.44M |
|
165
Healthcare Realty
HR
$6.11B
| $185M | 0.11% | 11,252,228 -62,330 | -0.6% | -$1.03M |
|
166
Vertex Pharmaceuticals
VRTX
$100B
| $182M | 0.11% | 388,710 +25,573 | +7% | +$12M |
|
|
ANSS
167
DELISTED
Ansys
ANSS
| $182M | 0.11% | 566,139 -20,556 | -4% | -$6.61M |
|
168
IBM
IBM
$227B
| $181M | 0.11% | 1,047,155 -18,340 | -2% | -$3.17M |
|
169
Brookfield Renewable
BEP
$7.2B
| $180M | 0.11% | 7,275,031 +66,794 | +0.9% | +$1.65M |
|
170
Canadian Natural Resources
CNQ
$65.9B
| $180M | 0.11% | 5,045,884 +1,932,954 | +62% | +$68.8M |
|
171
RTX Corp
RTX
$212B
| $179M | 0.11% | 1,787,053 -26,950 | -1% | -$2.71M |
|
172
Regeneron Pharmaceuticals
REGN
$61.5B
| $179M | 0.11% | 170,264 +1,852 | +1% | +$1.95M |
|
173
Enterprise Products Partners
EPD
$69.6B
| $173M | 0.1% | 5,957,867 -481,789 | -7% | -$14M |
|
174
Marsh & McLennan
MMC
$101B
| $172M | 0.1% | 815,133 -8,125 | -1% | -$1.71M |
|
175
Philip Morris
PM
$260B
| $171M | 0.1% | 1,689,307 -28,335 | -2% | -$2.87M |
|