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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RRD
1826
DELISTED
RR Donnelley & Sons Co.
RRD
| $1.12M | ﹤0.01% |
567,827
+1,749
| +0.3% | +$5.78K |
|
1827
Westlake Corp
WLK
$9.26B
| $1.11M | ﹤0.01% |
16,063
+10,976
| +216% | +$730K |
|
|
COUP
1828
DELISTED
Coupa Software Incorporated
COUP
| $1.09M | ﹤0.01% |
8,606
+406
| +5% | +$43.6K |
|
|
IBTX
1829
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.08M | ﹤0.01% |
19,695
-13,377
| -40% | -$727K |
|
1830
Vistra
VST
$48.2B
| $1.06M | ﹤0.01% |
46,867
+3,011
| +7% | +$75.5K |
|
1831
AerCap
AER
$23.4B
| $1.05M | ﹤0.01% |
20,145
+3,074
| +18% | +$151K |
|
|
CSOD
1832
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.04M | ﹤0.01% |
18,053
-30,093
| -63% | -$1.63M |
|
|
PE
1833
DELISTED
PARSLEY ENERGY INC
PE
| $1.04M | ﹤0.01% |
54,630
-266,523
| -83% | -$5.1M |
|
1834
Lattice Semiconductor
LSCC
$16B
| $1.02M | ﹤0.01% |
70,212
+58,219
| +485% | +$776K |
|
1835
WSFS Financial
WSFS
$4.14B
| $1.02M | ﹤0.01% |
24,717
+18,308
| +286% | +$759K |
|
1836
SiriusXM
SIRI
$11B
| $1.01M | ﹤0.01% |
18,121
-1,617
| -8% | -$92K |
|
|
AMTD
1837
DELISTED
TD Ameritrade Holding Corp
AMTD
| $1.01M | ﹤0.01% |
20,240
-1,637
| -7% | -$84.8K |
|
1838
Las Vegas Sands
LVS
$32.2B
| $1.01M | ﹤0.01% |
17,052
-43,408
| -72% | -$2.69M |
|
|
ZEUS
1839
DELISTED
Olympic Steel
ZEUS
| $1M | ﹤0.01% |
73,258
-162
| -0.2% | -$2.41K |
|
1840
Ultragenyx Pharmaceutical
RARE
$2.46B
| $993K | ﹤0.01% |
15,635
+657
| +4% | +$41.8K |
|
|
LKSD
1841
DELISTED
LSC Communications, Inc.
LKSD
| $986K | ﹤0.01% |
268,755
+1,033
| +0.4% | +$6.09K |
|
|
OPTU
1842
Optimum Communications Inc
OPTU
$298M
| $977K | ﹤0.01% |
+40,141
| New | +$953K |
|
|
GDVD
1843
DELISTED
Principal Active Global Dividend Income ETF
GDVD
| $977K | ﹤0.01% |
34,875
+24,767
| +245% | +$675K |
|
1844
HubSpot
HUBS
$12.9B
| $974K | ﹤0.01% |
5,713
+284
| +5% | +$49.6K |
|
|
MSGN
1845
DELISTED
MSG Networks Inc.
MSGN
| $966K | ﹤0.01% |
+46,559
| New | +$1.02M |
|
|
SFIX
1846
Stitch Fix
SFIX
$567M
| $961K | ﹤0.01% |
+30,045
| New | +$806K |
|
1847
Brookdale Senior Living
BKD
$3.55B
| $958K | ﹤0.01% |
132,964
+91,308
| +219% | +$603K |
|
1848
Roku
ROKU
$21.6B
| $947K | ﹤0.01% |
10,450
+6,031
| +136% | +$484K |
|
1849
Barnes & Noble Education
BNED
$435M
| $945K | ﹤0.01% |
2,814
-129
| -4% | -$49.5K |
|
1850
Jazz Pharmaceuticals
JAZZ
$16.1B
| $945K | ﹤0.01% |
6,632
-2,241
| -25% | -$301K |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.