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 |
Broadcom
AVGO
|
$1.13B |
| 2 |
Martin Marietta Materials
MLM
|
$379M |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Hilton Worldwide
HLT
|
$330M |
| 5 |
Veeva Systems
VEEV
|
$266M |
Top Sells
| 1 |
American Tower
AMT
|
$612M |
| 2 |
Agilent Technologies
A
|
$279M |
| 3 |
Aon
AON
|
$220M |
| 4 |
Progressive
PGR
|
$199M |
| 5 |
VeriSign
VRSN
|
$193M |
Sector Composition
| 1 | Technology | 19.83% |
| 2 | Financials | 15.97% |
| 3 | Real Estate | 13.93% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Industrials | 10.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Waters Corp
WAT
$18B
| $236M | 0.13% | 656,019 +271,804 | +71% | +$97.8M |
|
152
Texas Instruments
TXN
$184B
| $235M | 0.13% | 1,139,043 -181,457 | -14% | -$37.5M |
|
153
Medtronic
MDT
$119B
| $235M | 0.13% | 2,609,917 -51,694 | -2% | -$4.65M |
|
154
Canadian Pacific Kansas City
CP
$69.9B
| $235M | 0.13% | 2,742,375 +257,200 | +10% | +$22M |
|
155
Citigroup
C
$178B
| $233M | 0.13% | 3,728,261 +383,534 | +11% | +$24M |
|
156
TJX Companies
TJX
$152B
| $231M | 0.13% | 1,964,220 +69,064 | +4% | +$8.12M |
|
157
RTX Corp
RTX
$212B
| $230M | 0.13% | 1,901,336 +114,283 | +6% | +$13.8M |
|
158
Air Products & Chemicals
APD
$65.5B
| $229M | 0.13% | 770,529 +14,067 | +2% | +$4.19M |
|
159
Union Pacific
UNP
$133B
| $229M | 0.12% | 927,992 +39,014 | +4% | +$9.62M |
|
160
Applied Materials
AMAT
$128B
| $226M | 0.12% | 1,118,152 +96,009 | +9% | +$19.4M |
|
161
Verizon
VZ
$186B
| $223M | 0.12% | 4,954,357 +129,171 | +3% | +$5.8M |
|
162
Wells Fargo
WFC
$263B
| $220M | 0.12% | 3,887,675 -484,467 | -11% | -$27.4M |
|
163
ServiceNow
NOW
$190B
| $218M | 0.12% | 243,607 -3,615 | -1% | -$3.23M |
|
164
Simon Property Group
SPG
$59B
| $216M | 0.12% | 1,277,828 -14,212 | -1% | -$2.4M |
|
165
Philip Morris
PM
$260B
| $215M | 0.12% | 1,774,350 +85,043 | +5% | +$10.3M |
|
166
Brookfield Renewable
BEP
$7.2B
| $214M | 0.12% | 7,605,679 +330,648 | +5% | +$9.32M |
|
|
167
VeriSign
VRSN
$25.5B
| $211M | 0.12% | 1,109,734 -1,016,935 | -48% | -$193M |
|
168
W.R. Berkley
WRB
$27.2B
| $208M | 0.11% | 3,674,171 +2,493,758 | +211% | +$141M |
|
|
SUM
169
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $206M | 0.11% | 5,289,410 +94,694 | +2% | +$3.7M |
|
170
Carrier Global
CARR
$55.5B
| $206M | 0.11% | 2,561,877 +20,500 | +0.8% | +$1.65M |
|
171
Amgen
AMGN
$155B
| $205M | 0.11% | 635,172 +35,785 | +6% | +$11.5M |
|
172
Lam Research
LRCX
$127B
| $204M | 0.11% | 250,105 -3,730 | -1% | -$3.04M |
|
173
Walt Disney
DIS
$213B
| $198M | 0.11% | 2,058,923 -144,890 | -7% | -$13.9M |
|
174
ICICI Bank
IBN
$113B
| $194M | 0.11% | 6,503,966 -3,343,730 | -34% | -$99.8M |
|
175
Vertex Pharmaceuticals
VRTX
$100B
| $191M | 0.1% | 410,359 +21,649 | +6% | +$10.1M |
|