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 | |
|---|---|---|---|---|---|---|
1801
OneMain Financial
OMF
$7.22B
| $1.24M | ﹤0.01% |
29,493
-1,733
| -6% | -$70.1K |
|
1802
SiriusXM
SIRI
$10.1B
| $1.24M | ﹤0.01% |
17,298
+711
| +4% | +$47.9K |
|
1803
WSFS Financial
WSFS
$4.1B
| $1.24M | ﹤0.01% |
28,095
-4,875
| -15% | -$213K |
|
1804
Teva Pharmaceuticals
TEVA
$40.6B
| $1.22M | ﹤0.01% |
124,311
+37,289
| +43% | +$333K |
|
1805
Virtu Financial
VIRT
$5.14B
| $1.21M | ﹤0.01% |
75,475
-11,997
| -14% | -$198K |
|
|
TRTN
1806
DELISTED
Triton International Limited
TRTN
| $1.21M | ﹤0.01% |
30,029
-14,053
| -32% | -$520K |
|
|
ARCH
1807
DELISTED
Arch Resources, Inc.
ARCH
| $1.2M | ﹤0.01% |
16,743
-1,338
| -7% | -$102K |
|
1808
Autohome
ATHM
$2.65B
| $1.2M | ﹤0.01% |
14,949
| – | – |
|
|
BAND
1809
Bandwidth Inc
BAND
$1.24B
| $1.18M | ﹤0.01% |
18,368
+11,172
| +155% | +$647K |
|
|
AKRX
1810
DELISTED
Akorn Inc
AKRX
| $1.16M | ﹤0.01% |
776,048
-733
| -0.1% | -$2.77K |
|
1811
Atkore
ATKR
$2.46B
| $1.16M | ﹤0.01% |
28,575
-7,545
| -21% | -$279K |
|
1812
Jazz Pharmaceuticals
JAZZ
$15.9B
| $1.12M | ﹤0.01% |
7,531
+905
| +14% | +$123K |
|
1813
QuidelOrtho
QDEL
$1.12B
| $1.11M | ﹤0.01% |
14,806
-8,634
| -37% | -$558K |
|
1814
Trade Desk
TTD
$8.41B
| $1.11M | ﹤0.01% |
42,750
+420
| +1% | +$9.45K |
|
1815
Westlake Corp
WLK
$8.97B
| $1.09M | ﹤0.01% |
15,567
-567
| -4% | -$38.1K |
|
|
BPMC
1816
DELISTED
Blueprint Medicines
BPMC
| $1.09M | ﹤0.01% |
13,599
-655
| -5% | -$49K |
|
1817
WisdomTree US High Dividend Fund
DHS
$1.56B
| $1.08M | ﹤0.01% |
14,104
-3,726
| -21% | -$281K |
|
|
EFC
1818
Ellington Financial
EFC
$1.66B
| $1.08M | ﹤0.01% |
+58,900
| New | +$1.08M |
|
1819
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.78B
| $1.08M | ﹤0.01% |
33,510
-25,515
| -43% | -$757K |
|
1820
Guardant Health
GH
$21.4B
| $1.07M | ﹤0.01% |
13,678
+350
| +3% | +$25.2K |
|
1821
KLX Energy Services
KLXE
$44.2M
| $1.07M | ﹤0.01% |
33,196
+56
| +0.2% | +$2.08K |
|
1822
Veracyte
VCYT
$3.61B
| $1.07M | ﹤0.01% |
38,248
+16,643
| +77% | +$431K |
|
1823
Neurocrine Biosciences
NBIX
$16.9B
| $1.07M | ﹤0.01% |
9,917
-47,178
| -83% | -$4.94M |
|
|
IMMU
1824
DELISTED
Immunomedics Inc
IMMU
| $1.06M | ﹤0.01% |
50,316
-5,117
| -9% | -$90.3K |
|
1825
Check Point Software Technologies
CHKP
$13B
| $1.06M | ﹤0.01% |
9,543
-132
| -1% | -$14.8K |
|
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.