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 |
ANSS
Ansys
ANSS
|
+$188M |
| 2 |
Hyatt Hotels
H
|
+$164M |
| 3 |
Prologis
PLD
|
+$156M |
| 4 |
PayPal
PYPL
|
+$145M |
| 5 |
RP
RealPage, Inc.
RP
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$358M |
| 2 |
Moody's
MCO
|
+$318M |
| 3 |
Dentsply Sirona
XRAY
|
+$235M |
| 4 |
Ross Stores
ROST
|
+$233M |
| 5 |
S&P Global
SPGI
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.51% |
| 2 | Technology | 14.45% |
| 3 | Real Estate | 14.24% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Industrials | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1751
GoDaddy
GDDY
$11B
| $2.19M | ﹤0.01% |
26,298
+1,811
| +7% | +$141K |
|
|
BELFB
1752
Bel Fuse Inc Class B
BELFB
$3.87B
| $2.1M | ﹤0.01% |
79,436
+2,722
| +4% | +$67.9K |
|
1753
Veeva Systems
VEEV
$33.1B
| $2.04M | ﹤0.01% |
18,747
-287
| -2% | -$26K |
|
1754
Lennar Class B
LEN.B
$19.5B
| $2.03M | ﹤0.01% |
55,554
-6,409
| -10% | -$259K |
|
1755
Bristow Group
VTOL
$1.34B
| $2.03M | ﹤0.01% |
82,305
+2,048
| +3% | +$52.3K |
|
|
ARCH
1756
DELISTED
Arch Resources, Inc.
ARCH
| $2.02M | ﹤0.01% |
22,617
+31
| +0.1% | +$2.68K |
|
|
PETX
1757
DELISTED
Aratana Therapeutics, Inc.
PETX
| $2.02M | ﹤0.01% |
345,925
-9,475
| -3% | -$47.3K |
|
1758
PDF Solutions
PDFS
$1.93B
| $2.02M | ﹤0.01% |
223,186
+8,949
| +4% | +$90.1K |
|
1759
Madrigal Pharmaceuticals
MDGL
$10.8B
| $1.99M | ﹤0.01% |
9,305
+556
| +6% | +$140K |
|
1760
Sabesp
SBS
$19.1B
| $1.97M | ﹤0.01% |
1,717,947
+34,750
| +2% | +$42.4K |
|
1761
Alkermes
ALKS
$8.22B
| $1.94M | ﹤0.01% |
45,735
+1,800
| +4% | +$78.1K |
|
|
FOLD
1762
DELISTED
Amicus Therapeutics
FOLD
| $1.93M | ﹤0.01% |
159,501
+10,802
| +7% | +$151K |
|
1763
Ionis Pharmaceuticals
IONS
$8.61B
| $1.9M | ﹤0.01% |
36,908
+1,453
| +4% | +$68.3K |
|
1764
PTC Therapeutics
PTCT
$5.63B
| $1.88M | ﹤0.01% |
40,000
+3,354
| +9% | +$139K |
|
1765
QuidelOrtho
QDEL
$1.14B
| $1.88M | ﹤0.01% |
28,784
+2,556
| +10% | +$179K |
|
|
DSPG
1766
DELISTED
DSP Group Inc
DSPG
| $1.88M | ﹤0.01% |
157,628
-19,031
| -11% | -$236K |
|
1767
iRhythm Holdings
IRTC
$3.85B
| $1.86M | ﹤0.01% |
19,674
+1,518
| +8% | +$132K |
|
1768
Seneca Foods Class A
SENEA
$1.12B
| $1.84M | ﹤0.01% |
54,581
+1,961
| +4% | +$59K |
|
1769
Cheniere Energy
LNG
$55.2B
| $1.84M | ﹤0.01% |
26,420
-4,579
| -15% | -$295K |
|
1770
SS&C Technologies
SSNC
$18.6B
| $1.81M | ﹤0.01% |
31,918
-8,120
| -20% | -$451K |
|
|
IMMU
1771
DELISTED
Immunomedics Inc
IMMU
| $1.8M | ﹤0.01% |
86,559
+42,633
| +97% | +$1.01M |
|
1772
Orion Group Holdings
ORN
$396M
| $1.76M | ﹤0.01% |
233,274
+12,722
| +6% | +$109K |
|
|
MOMO
1773
Hello Group
MOMO
$884M
| $1.73M | ﹤0.01% |
39,496
+22,114
| +127% | +$967K |
|
1774
Barnes & Noble Education
BNED
$431M
| $1.68M | ﹤0.01% |
2,917
-7
| -0.2% | -$3.96K |
|
|
TOWR
1775
DELISTED
Tower International, Inc.
TOWR
| $1.66M | ﹤0.01% |
+55,002
| New | +$1.79M |
|
Similar funds
Principal Financial Group's Q3 2018 Portfolio in Review
As of Q3 2018, Principal Financial Group held 2,364 positions worth $113B, up 4.3% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2018 filing shows 94 new, 1,514 increased, 663 reduced and 76 closed positions. Its largest new stake was Shopify: 3,933,080 shares worth $64.7M. The largest sale was Sherwin-Williams, an estimated $358M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Real Estate.
- Principal Financial Group's largest Q3 2018 buy was Shopify: 3,933,080 shares worth $64.7M.
- Principal Financial Group added most to Ansys in Q3 2018, an estimated $188M increase.
- Principal Financial Group's biggest Q3 2018 reduction was Sherwin-Williams, cutting an estimated $358M.
- Principal Financial Group fully exited DCT Industrial Trust Inc. in Q3 2018, selling an estimated $155M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2018.
- Principal Financial Group opened 94 new positions and closed 76 in Q3 2018.
- Principal Financial Group's portfolio value rose 4.3% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2018, filed 14 Nov 2018.