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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TRTN
1751
DELISTED
Triton International Limited
TRTN
| $1.87M | ﹤0.01% |
46,067
+22,514
| +96% | +$770K |
|
1752
United Parks & Resorts
PRKS
$2.18B
| $1.87M | ﹤0.01% |
94,862
+44,730
| +89% | +$817K |
|
1753
Mercer International
MERC
$47.5M
| $1.87M | ﹤0.01% |
282,687
-17,101
| -6% | -$131K |
|
1754
Snap
SNAP
$9.74B
| $1.83M | ﹤0.01% |
70,272
+20,431
| +41% | +$475K |
|
1755
Atlassian
TEAM
$28B
| $1.8M | ﹤0.01% |
9,888
-2,382
| -19% | -$425K |
|
|
CAMP
1756
DELISTED
CalAmp Corp.
CAMP
| $1.77M | ﹤0.01% |
10,687
-472
| -4% | -$88.4K |
|
|
GNMK
1757
DELISTED
GenMark Diagnostics, Inc
GNMK
| $1.76M | ﹤0.01% |
123,675
+46,518
| +60% | +$711K |
|
|
BPMC
1758
DELISTED
Blueprint Medicines
BPMC
| $1.74M | ﹤0.01% |
18,768
-854
| -4% | -$65.8K |
|
|
AIMC
1759
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.74M | ﹤0.01% |
47,023
+14,794
| +46% | +$544K |
|
1760
JFrog
FROG
$10.4B
| $1.74M | ﹤0.01% |
+20,497
| New | +$1.53M |
|
1761
Surgery Partners
SGRY
$2.05B
| $1.74M | ﹤0.01% |
79,217
+32,091
| +68% | +$570K |
|
1762
Ultragenyx Pharmaceutical
RARE
$2.54B
| $1.73M | ﹤0.01% |
20,990
-971
| -4% | -$80.5K |
|
1763
Seneca Foods Class A
SENEA
$1.18B
| $1.72M | ﹤0.01% |
48,064
-2,362
| -5% | -$95.2K |
|
|
WSR
1764
DELISTED
Whitestone REIT
WSR
| $1.71M | ﹤0.01% |
284,715
-29,996
| -10% | -$195K |
|
1765
Advanced Drainage Systems
WMS
$11.5B
| $1.71M | ﹤0.01% |
27,339
-207,148
| -88% | -$11.2M |
|
1766
Spectrum Brands
SPB
$2.09B
| $1.69M | ﹤0.01% |
29,638
+14,032
| +90% | +$769K |
|
1767
Applied Optoelectronics
AAOI
$10.6B
| $1.69M | ﹤0.01% |
149,866
+5,545
| +4% | +$67.2K |
|
1768
Vanguard Real Estate ETF
VNQ
$39.2B
| $1.67M | ﹤0.01% |
21,121
+3,464
| +20% | +$278K |
|
1769
WisdomTree International High Dividend Fund
DTH
$657M
| $1.66M | ﹤0.01% |
50,343
+17,724
| +54% | +$604K |
|
1770
Invesco Short Term Treasury ETF
TBLL
$2.61B
| $1.65M | ﹤0.01% |
15,623
+1,435
| +10% | +$152K |
|
1771
Novavax
NVAX
$1.26B
| $1.65M | ﹤0.01% |
15,196
-1,832
| -11% | -$223K |
|
|
NVTA
1772
DELISTED
Invitae Corporation
NVTA
| $1.64M | ﹤0.01% |
37,852
-2,267
| -6% | -$77.4K |
|
1773
Booz Allen Hamilton
BAH
$8.85B
| $1.64M | ﹤0.01% |
19,762
-717
| -4% | -$58.7K |
|
1774
Yum China
YUMC
$16.4B
| $1.63M | ﹤0.01% |
30,764
-917
| -3% | -$48.5K |
|
1775
Dianthus Therapeutics
DNTH
$6.04B
| $1.63M | ﹤0.01% |
14,950
+475
| +3% | +$56.3K |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.