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 |
iShares MBS ETF
MBB
|
+$249M |
| 2 |
Host Hotels & Resorts
HST
|
+$199M |
| 3 |
Wayfair
W
|
+$197M |
| 4 |
AerCap
AER
|
+$115M |
| 5 |
Fastenal
FAST
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$174M |
| 3 |
Apple
AAPL
|
+$133M |
| 4 |
Scotiabank
BNS
|
+$121M |
| 5 |
Simon Property Group
SPG
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.64% |
| 2 | Financials | 16.14% |
| 3 | Technology | 14.76% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1801
GrafTech
EAF
$169M
| $1.21M | ﹤0.01% |
+9,443
| New | +$1.12M |
|
1802
GoDaddy
GDDY
$13.2B
| $1.21M | ﹤0.01% |
18,324
-2,086
| -10% | -$141K |
|
|
SPR
1803
DELISTED
Spirit AeroSystems
SPR
| $1.2M | ﹤0.01% |
14,640
+795
| +6% | +$62.2K |
|
|
BELFB
1804
Bel Fuse Inc Class B
BELFB
$3.6B
| $1.2M | ﹤0.01% |
79,992
-812
| -1% | -$11.2K |
|
1805
SS&C Technologies
SSNC
$18.6B
| $1.2M | ﹤0.01% |
23,217
-3,606
| -13% | -$184K |
|
|
ARGO
1806
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $1.19M | ﹤0.01% |
17,000
+1,818
| +12% | +$126K |
|
1807
United Parks & Resorts
PRKS
$2.15B
| $1.19M | ﹤0.01% |
45,092
+3,963
| +10% | +$121K |
|
|
MRTX
1808
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $1.16M | ﹤0.01% |
14,832
+857
| +6% | +$80.4K |
|
1809
OneMain Financial
OMF
$7.32B
| $1.15M | ﹤0.01% |
31,226
+24,662
| +376% | +$915K |
|
|
SEMG
1810
DELISTED
SEMGROUP CORPORATION
SEMG
| $1.14M | ﹤0.01% |
69,979
+7,596
| +12% | +$88.7K |
|
1811
Middlesex Water
MSEX
$1.04B
| $1.13M | ﹤0.01% |
17,411
+4,402
| +34% | +$268K |
|
1812
Paycom
PAYC
$7.53B
| $1.13M | ﹤0.01% |
5,378
-1,723
| -24% | -$403K |
|
1813
Performance Food Group
PFGC
$18B
| $1.12M | ﹤0.01% |
24,243
+10,318
| +74% | +$459K |
|
|
ACOR
1814
DELISTED
Acorda Therapeutics
ACOR
| $1.11M | ﹤0.01% |
3,219
+488
| +18% | +$265K |
|
|
NVTA
1815
DELISTED
Invitae Corporation
NVTA
| $1.1M | ﹤0.01% |
57,173
+4,977
| +10% | +$117K |
|
1816
Atkore
ATKR
$2.4B
| $1.1M | ﹤0.01% |
36,120
+3,705
| +11% | +$104K |
|
1817
Brookdale Senior Living
BKD
$3.49B
| $1.09M | ﹤0.01% |
143,633
+10,669
| +8% | +$84.4K |
|
1818
Okta
OKTA
$24.4B
| $1.07M | ﹤0.01% |
10,889
-3,203
| -23% | -$400K |
|
1819
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $1.07M | ﹤0.01% |
+36,080
| New | +$1.06M |
|
1820
Titan International
TWI
$475M
| $1.06M | ﹤0.01% |
393,971
-10,247
| -3% | -$33.7K |
|
|
TRTX
1821
TPG RE Finance Trust
TRTX
$628M
| $1.06M | ﹤0.01% |
53,453
+5,378
| +11% | +$106K |
|
1822
Check Point Software Technologies
CHKP
$13.1B
| $1.06M | ﹤0.01% |
9,675
| – | – |
|
1823
Westlake Corp
WLK
$9.19B
| $1.06M | ﹤0.01% |
16,134
+71
| +0.4% | +$4.57K |
|
1824
Vanguard Real Estate ETF
VNQ
$39.4B
| $1.05M | ﹤0.01% |
11,289
-3,857
| -25% | -$350K |
|
|
CSOD
1825
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.05M | ﹤0.01% |
19,194
+1,141
| +6% | +$64K |
|
Similar funds
Principal Financial Group's Q3 2019 Portfolio in Review
As of Q3 2019, Principal Financial Group held 2,307 positions worth $113B, up 2% from $111B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2019 filing shows 81 new, 938 increased, 1,207 reduced and 62 closed positions. Its largest new stake was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M. The largest sale was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $223M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2019 buy was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M.
- Principal Financial Group added most to iShares MBS ETF in Q3 2019, an estimated $249M increase.
- Principal Financial Group's biggest Q3 2019 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $223M.
- Principal Financial Group fully exited Anadarko Petroleum in Q3 2019, selling an estimated $55.2M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2019.
- Principal Financial Group opened 81 new positions and closed 62 in Q3 2019.
- Principal Financial Group's portfolio value rose 2% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2019, filed 13 Nov 2019.