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 |
CoStar Group
CSGP
|
+$351M |
| 2 |
Digital Realty Trust
DLR
|
+$234M |
| 3 |
American Tower
AMT
|
+$214M |
| 4 |
AvalonBay Communities
AVB
|
+$158M |
| 5 |
COR
Coresite Realty Corporation
COR
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$358M |
| 2 |
Welltower
WELL
|
+$234M |
| 3 |
Wayfair
W
|
+$187M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$173M |
| 5 |
Host Hotels & Resorts
HST
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.28% |
| 2 | Real Estate | 16.9% |
| 3 | Financials | 15.46% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Healthcare | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AQUA
1751
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $893K | ﹤0.01% |
79,688
+4,182
| +6% | +$78.7K |
|
|
ATH
1752
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $881K | ﹤0.01% |
35,497
-160,899
| -82% | -$6.41M |
|
1753
Vistra
VST
$47.4B
| $877K | ﹤0.01% |
54,979
+9,094
| +20% | +$185K |
|
1754
SiriusXM
SIRI
$10.3B
| $874K | ﹤0.01% |
17,699
+401
| +2% | +$26.2K |
|
1755
Middlesex Water
MSEX
$1.08B
| $873K | ﹤0.01% |
14,515
-1,216
| -8% | -$77K |
|
1756
Trade Desk
TTD
$8.91B
| $865K | ﹤0.01% |
44,840
+2,090
| +5% | +$54.1K |
|
1757
Jazz Pharmaceuticals
JAZZ
$16.4B
| $862K | ﹤0.01% |
8,643
+1,112
| +15% | +$144K |
|
|
VMW
1758
DELISTED
VMware, Inc
VMW
| $859K | ﹤0.01% |
7,097
+683
| +11% | +$93.9K |
|
|
LDL
1759
DELISTED
Lydall, Inc.
LDL
| $859K | ﹤0.01% |
132,941
-5,500
| -4% | -$89.9K |
|
1760
Cohen & Steers
CNS
$4.33B
| $857K | ﹤0.01% |
18,850
-3,157
| -14% | -$200K |
|
1761
Insulet
PODD
$9.23B
| $852K | ﹤0.01% |
5,148
-95
| -2% | -$17.4K |
|
|
GBT
1762
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $842K | ﹤0.01% |
16,470
+95
| +0.6% | +$6.36K |
|
|
BPMC
1763
DELISTED
Blueprint Medicines
BPMC
| $840K | ﹤0.01% |
14,372
+773
| +6% | +$49.7K |
|
1764
Red Robin
RRGB
$151M
| $836K | ﹤0.01% |
98,174
-4,063
| -4% | -$106K |
|
|
JCP
1765
DELISTED
J.C. Penney Company, Inc.
JCP
| $834K | ﹤0.01% |
2,316,793
-85,211
| -4% | -$60K |
|
1766
Matador Resources
MTDR
$5.84B
| $833K | ﹤0.01% |
336,049
-130,040
| -28% | -$1.43M |
|
|
WCC
1767
WESCO International
WCC
$18.2B
| $830K | ﹤0.01% |
36,309
-2,587
| -7% | -$110K |
|
1768
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.53B
| $827K | ﹤0.01% |
17,621
+1,259
| +8% | +$67.9K |
|
|
WBC
1769
DELISTED
WABCO HOLDINGS INC.
WBC
| $823K | ﹤0.01% |
6,094
+169
| +3% | +$22.7K |
|
1770
Artisan Partners
APAM
$3.04B
| $819K | ﹤0.01% |
38,096
-5,538
| -13% | -$166K |
|
1771
iShares US Treasury Bond ETF
GOVT
$43.7B
| $817K | ﹤0.01% |
29,168
+2,623
| +10% | +$70.4K |
|
|
JOYY
1772
JOYY Inc
JOYY
$3.77B
| $809K | ﹤0.01% |
15,187
+1,191
| +9% | +$69.1K |
|
1773
Bristow Group
VTOL
$1.31B
| $801K | ﹤0.01% |
75,104
-3,107
| -4% | -$55K |
|
1774
iShares Select U.S. REIT ETF
ICF
$2.1B
| $800K | ﹤0.01% |
17,468
+13,964
| +399% | +$782K |
|
1775
Annaly Capital Management
NLY
$17.1B
| $799K | ﹤0.01% |
39,375
+15,278
| +63% | +$537K |
|
Similar funds
Principal Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Principal Financial Group held 2,294 positions worth $90.3B, down 25% from $120B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2020 filing shows 64 new, 735 increased, 1,378 reduced and 95 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M. The largest sale was Interxion Holding N.V., an estimated $358M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M.
- Principal Financial Group added most to CoStar Group in Q1 2020, an estimated $351M increase.
- Principal Financial Group's biggest Q1 2020 reduction was Welltower, cutting an estimated $234M.
- Principal Financial Group fully exited Interxion Holding N.V. in Q1 2020, selling an estimated $358M.
- Principal Financial Group's ten largest holdings make up 14% of its $90.3B portfolio in Q1 2020.
- Principal Financial Group opened 64 new positions and closed 95 in Q1 2020.
- Principal Financial Group's portfolio value fell 25% quarter-over-quarter to $90.3B.
Based on Principal Financial Group's 13F filing for Q1 2020, filed 12 May 2020.