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 |
iShares Core S&P 500 ETF
IVV
|
$742M |
| 2 |
Healthpeak Properties
DOC
|
$351M |
| 3 |
Arthur J. Gallagher & Co
AJG
|
$317M |
| 4 |
Equity Lifestyle Properties
ELS
|
$256M |
| 5 |
TransDigm Group
TDG
|
$235M |
Top Sells
| 1 |
Adobe
ADBE
|
$508M |
| 2 |
SBA Communications
SBAC
|
$445M |
| 3 |
Brookfield
BN
|
$391M |
| 4 |
Alexandria Real Estate Equities
ARE
|
$291M |
| 5 |
Sun Communities
SUI
|
$288M |
Sector Composition
| 1 | Technology | 20.2% |
| 2 | Financials | 16.62% |
| 3 | Real Estate | 12.83% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Simon Property Group
SPG
$59.2B
| $237M | 0.13% |
1,376,194
+98,366
| +8% | +$16.9M |
|
152
Novartis
NVS
$249B
| $236M | 0.13% |
2,426,926
-42,642
| -2% | -$4.15M |
|
153
Steris
STE
$23.6B
| $230M | 0.13% |
1,119,643
+5,419
| +0.5% | +$1.11M |
|
154
Walt Disney
DIS
$211B
| $227M | 0.12% |
2,042,243
-16,680
| -0.8% | -$1.86M |
|
155
Broadstone Net Lease
BNL
$3.53B
| $226M | 0.12% |
14,276,250
-88,545
| -0.6% | -$1.4M |
|
156
NNN REIT
NNN
$8.06B
| $217M | 0.12% |
5,309,777
-919,304
| -15% | -$37.6M |
|
157
Qualcomm
QCOM
$167B
| $216M | 0.12% |
1,409,298
-5,792
| -0.4% | -$890K |
|
158
Philip Morris
PM
$254B
| $212M | 0.12% |
1,762,518
-11,832
| -0.7% | -$1.42M |
|
159
RTX Corp
RTX
$212B
| $211M | 0.11% |
1,819,847
-81,489
| -4% | -$9.43M |
|
160
Texas Instruments
TXN
$166B
| $210M | 0.11% |
1,118,074
-20,969
| -2% | -$3.93M |
|
161
Palantir
PLTR
$367B
| $207M | 0.11% |
2,732,966
-106,714
| -4% | -$8.07M |
|
162
Goldman Sachs
GS
$223B
| $206M | 0.11% |
359,988
-4,288
| -1% | -$2.46M |
|
163
GE Aerospace
GE
$295B
| $206M | 0.11% |
1,232,146
-91,407
| -7% | -$15.2M |
|
164
Procore
PCOR
$10.2B
| $201M | 0.11% |
2,679,964
+2,670,872
| +29,376% | +$200M |
|
165
Union Pacific
UNP
$132B
| $201M | 0.11% |
880,466
-47,526
| -5% | -$10.8M |
|
166
ICICI Bank
IBN
$114B
| $200M | 0.11% |
6,692,874
+188,908
| +3% | +$5.64M |
|
167
WIX.com
WIX
$7.78B
| $198M | 0.11% |
923,662
-4,047
| -0.4% | -$868K |
|
168
Kilroy Realty
KRC
$4.92B
| $197M | 0.11% |
4,862,310
+218,163
| +5% | +$8.82M |
|
169
Verizon
VZ
$186B
| $197M | 0.11% |
4,914,190
-40,167
| -0.8% | -$1.61M |
|
170
Graco
GGG
$14.1B
| $196M | 0.11% |
2,328,179
+337,437
| +17% | +$28.4M |
|
171
Reliance Steel & Aluminium
RS
$15.2B
| $195M | 0.11% |
725,685
+252,955
| +54% | +$68.1M |
|
172
Booking.com
BKNG
$179B
| $194M | 0.11% |
39,038
-559
| -1% | -$2.78M |
|
173
Air Products & Chemicals
APD
$64.8B
| $193M | 0.11% |
665,792
-104,737
| -14% | -$30.4M |
|
|
ANSS
174
DELISTED
Ansys
ANSS
| $192M | 0.1% |
570,525
+7,098
| +1% | +$2.39M |
|
175
Agree Realty
ADC
$7.97B
| $192M | 0.1% |
2,728,319
-1,458,530
| -35% | -$103M |
|