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 |
TransDigm Group
TDG
|
+$347M |
| 2 |
Welltower
WELL
|
+$249M |
| 3 |
Camden Property Trust
CPT
|
+$193M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$189M |
| 5 |
Brookfield
BN
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$404M |
| 2 |
Digital Realty Trust
DLR
|
+$251M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$199M |
| 4 |
iShares MBS ETF
MBB
|
+$192M |
| 5 |
Americold
COLD
|
+$163M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.05% |
| 2 | Real Estate | 15.53% |
| 3 | Financials | 15% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Healthcare | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CCRN
1726
DELISTED
Cross Country Healthcare
CCRN
| $1.72M | ﹤0.01% |
279,793
+15
| +0% | +$92 |
|
1727
Ultragenyx Pharmaceutical
RARE
$2.45B
| $1.72M | ﹤0.01% |
21,961
+5,937
| +37% | +$393K |
|
1728
Match Group
MTCH
$9.39B
| $1.71M | ﹤0.01% |
16,002
-5,902
| -27% | -$493K |
|
1729
Vanguard Morningstar Mid-Cap ETF
VO
$107B
| $1.71M | ﹤0.01% |
41,676
-94,564
| -69% | -$3.62M |
|
1730
Seneca Foods Class A
SENEA
$1.14B
| $1.71M | ﹤0.01% |
50,426
-1,485
| -3% | -$52.2K |
|
1731
MongoDB
MDB
$28B
| $1.68M | ﹤0.01% |
7,404
+5,918
| +398% | +$1.1M |
|
1732
SouthState Bank Corp
SSB
$10.4B
| $1.67M | ﹤0.01% |
35,143
+17,567
| +100% | +$917K |
|
1733
Cooper-Standard Automotive
CPS
$533M
| $1.67M | ﹤0.01% |
126,285
-1,644
| -1% | -$19.9K |
|
1734
Neurocrine Biosciences
NBIX
$17.1B
| $1.67M | ﹤0.01% |
13,686
+3,369
| +33% | +$372K |
|
1735
Cheniere Energy
LNG
$54.5B
| $1.66M | ﹤0.01% |
34,431
+11,577
| +51% | +$506K |
|
1736
Blackstone Mortgage Trust
BXMT
$2.45B
| $1.66M | ﹤0.01% |
69,053
+8,933
| +15% | +$205K |
|
1737
Chord Energy
CHRD
$7.81B
| $1.63M | ﹤0.01% |
2,178,218
-43,705
| -2% | -$28.3K |
|
|
CUTR
1738
DELISTED
Cutera, Inc.
CUTR
| $1.62M | ﹤0.01% |
133,464
+23,416
| +21% | +$309K |
|
1739
Park Aerospace
PKE
$756M
| $1.62M | ﹤0.01% |
145,594
-2,284
| -2% | -$28.4K |
|
1740
Fossil Group
FOSL
$347M
| $1.62M | ﹤0.01% |
347,516
-5,077
| -1% | -$19.5K |
|
1741
Booz Allen Hamilton
BAH
$8.49B
| $1.59M | ﹤0.01% |
20,479
+1,142
| +6% | +$86.4K |
|
|
VRTV
1742
DELISTED
VERITIV CORPORATION
VRTV
| $1.59M | ﹤0.01% |
93,623
-2,870
| -3% | -$33.8K |
|
1743
Applied Optoelectronics
AAOI
$8.01B
| $1.57M | ﹤0.01% |
144,321
-676
| -0.5% | -$6.2K |
|
|
HT
1744
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.55M | ﹤0.01% |
268,911
-3,519
| -1% | -$18.8K |
|
|
BPMC
1745
DELISTED
Blueprint Medicines
BPMC
| $1.53M | ﹤0.01% |
19,622
+5,250
| +37% | +$355K |
|
1746
OneMain Financial
OMF
$7.43B
| $1.53M | ﹤0.01% |
62,167
+40,620
| +189% | +$925K |
|
1747
Yum China
YUMC
$16.7B
| $1.52M | ﹤0.01% |
31,681
-7,063
| -18% | -$333K |
|
|
AVLR
1748
DELISTED
Avalara, Inc.
AVLR
| $1.52M | ﹤0.01% |
11,444
+5,024
| +78% | +$494K |
|
|
NPKI
1749
NPK International
NPKI
$1.1B
| $1.52M | ﹤0.01% |
682,515
+942
| +0.1% | +$1.59K |
|
1750
Arlo Technologies
ARLO
$1.62B
| $1.5M | ﹤0.01% |
582,779
+8,396
| +1% | +$20.3K |
|
Similar funds
Principal Financial Group's Q2 2020 Portfolio in Review
As of Q2 2020, Principal Financial Group held 2,420 positions worth $114B, up 26% from $90.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group deployed $4.35B of net new capital in Q2 2020, opening 221 new positions and adding to 1,222 existing holdings. Its largest new stake was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Real Estate and Financials.
On the sell side, the largest reduction was Alibaba, an estimated $404M trimmed.
- Principal Financial Group's largest Q2 2020 buy was Brookfield Infrastructure: 2,124,861 shares worth $64.5M.
- Principal Financial Group added most to TransDigm Group in Q2 2020, an estimated $347M increase.
- Principal Financial Group's biggest Q2 2020 reduction was Alibaba, cutting an estimated $404M.
- Principal Financial Group fully exited iShares MBS ETF in Q2 2020, selling an estimated $192M.
- Principal Financial Group's ten largest holdings make up 15% of its $114B portfolio in Q2 2020.
- Principal Financial Group opened 221 new positions and closed 103 in Q2 2020.
- Principal Financial Group's portfolio value rose 26% quarter-over-quarter to $114B.
Based on Principal Financial Group's 13F filing for Q2 2020, filed 5 Aug 2020.