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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
EPAM Systems
EPAM
$5.45B
| $1.45M | ﹤0.01% |
6,849
-376
| -5% | -$74K |
|
1777
Titan International
TWI
$473M
| $1.43M | ﹤0.01% |
395,336
+1,365
| +0.3% | +$4.07K |
|
|
AQUA
1778
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $1.43M | ﹤0.01% |
75,506
+19,990
| +36% | +$358K |
|
|
EPZM
1779
DELISTED
Epizyme, Inc
EPZM
| $1.42M | ﹤0.01% |
57,688
+35,209
| +157% | +$523K |
|
1780
Artisan Partners
APAM
$2.8B
| $1.41M | ﹤0.01% |
43,634
-15,788
| -27% | -$456K |
|
1781
Cohen & Steers
CNS
$4.18B
| $1.38M | ﹤0.01% |
22,007
+3,054
| +16% | +$193K |
|
1782
Moderna
MRNA
$22.5B
| $1.38M | ﹤0.01% |
70,368
+19,482
| +38% | +$346K |
|
1783
iShares Russell 1000 Growth ETF
IWF
$120B
| $1.38M | ﹤0.01% |
31,268
+25,556
| +447% | +$1.07M |
|
1784
Allison Transmission
ALSN
$9.6B
| $1.37M | ﹤0.01% |
28,330
-710
| -2% | -$33K |
|
1785
Atlassian
TEAM
$25.4B
| $1.37M | ﹤0.01% |
11,356
+139
| +1% | +$16.9K |
|
1786
iRhythm Holdings
IRTC
$3.88B
| $1.34M | ﹤0.01% |
19,753
-8,083
| -29% | -$548K |
|
|
TRTX
1787
TPG RE Finance Trust
TRTX
$609M
| $1.33M | ﹤0.01% |
65,817
+12,364
| +23% | +$249K |
|
|
PEGI
1788
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $1.33M | ﹤0.01% |
49,856
-28,327
| -36% | -$769K |
|
1789
Booz Allen Hamilton
BAH
$8.31B
| $1.33M | ﹤0.01% |
18,674
-358
| -2% | -$25.5K |
|
1790
GoDaddy
GDDY
$10.5B
| $1.31M | ﹤0.01% |
19,278
+954
| +5% | +$63.1K |
|
1791
Barnes & Noble Education
BNED
$430M
| $1.3M | ﹤0.01% |
3,053
+49
| +2% | +$20.1K |
|
|
GBT
1792
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $1.3M | ﹤0.01% |
16,375
-635
| -4% | -$37.6K |
|
1793
Coca-Cola Europacific Partners
CCEP
$48.7B
| $1.3M | ﹤0.01% |
25,543
-797
| -3% | -$42K |
|
1794
Tandem Diabetes Care
TNDM
$1.29B
| $1.29M | ﹤0.01% |
21,690
-41,856
| -66% | -$2.58M |
|
|
ZEUS
1795
DELISTED
Olympic Steel
ZEUS
| $1.29M | ﹤0.01% |
72,105
+754
| +1% | +$12K |
|
1796
Cheniere Energy
LNG
$54.9B
| $1.27M | ﹤0.01% |
20,877
+471
| +2% | +$29K |
|
1797
Liquidity Services
LQDT
$1.2B
| $1.27M | ﹤0.01% |
212,689
+355
| +0.2% | +$2.28K |
|
|
NXRT
1798
NexPoint Residential Trust
NXRT
$664M
| $1.26M | ﹤0.01% |
28,088
-9,311
| -25% | -$439K |
|
1799
Yeti Holdings
YETI
$3.76B
| $1.26M | ﹤0.01% |
36,220
+14,517
| +67% | +$457K |
|
1800
Okta
OKTA
$24.3B
| $1.25M | ﹤0.01% |
10,869
-20
| -0.2% | -$2.3K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.