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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
US Foods
USFD
$22.2B
| $850K | ﹤0.01% |
24,345
+4,637
| +24% | +$159K |
|
|
TRTN
1852
DELISTED
Triton International Limited
TRTN
| $849K | ﹤0.01% |
27,286
-6,557
| -19% | -$218K |
|
|
TBHC
1853
DELISTED
The Brand House Collective
TBHC
| $839K | ﹤0.01% |
119,396
-1,232
| -1% | -$12.1K |
|
1854
Middlesex Water
MSEX
$1.07B
| $839K | ﹤0.01% |
14,977
-2,290
| -13% | -$129K |
|
1855
Marvell Technology
MRVL
$169B
| $838K | ﹤0.01% |
42,104
+6,627
| +19% | +$124K |
|
1856
Rapid7
RPD
$645M
| $831K | ﹤0.01% |
16,435
+5,734
| +54% | +$245K |
|
|
WBC
1857
DELISTED
WABCO HOLDINGS INC.
WBC
| $806K | ﹤0.01% |
6,113
-109
| -2% | -$13.4K |
|
1858
Vanguard Morningstar Total Stock Market ETF
VTI
$660B
| $801K | ﹤0.01% |
5,535
-3,781
| -41% | -$528K |
|
1859
AerCap
AER
$23.7B
| $795K | ﹤0.01% |
17,071
+556
| +3% | +$25.1K |
|
1860
Lyft
LYFT
$6.02B
| $792K | ﹤0.01% |
+11,000
| New | +$861K |
|
|
TMX
1861
DELISTED
Terminix Global Holdings, Inc.
TMX
| $788K | ﹤0.01% |
16,883
+1,525
| +10% | +$63.8K |
|
|
GBT
1862
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $784K | ﹤0.01% |
14,813
+709
| +5% | +$34.8K |
|
1863
Shenandoah Telecom
SHEN
$662M
| $778K | ﹤0.01% |
17,528
+441
| +3% | +$20.7K |
|
|
ZAYO
1864
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $768K | ﹤0.01% |
27,015
+4,593
| +20% | +$122K |
|
1865
Crown Holdings
CCK
$12.8B
| $767K | ﹤0.01% |
14,048
+46
| +0.3% | +$2.37K |
|
1866
Vanguard Real Estate ETF
VNQ
$39.2B
| $767K | ﹤0.01% |
8,823
-41,262
| -82% | -$3.41M |
|
|
CTWS
1867
DELISTED
Connecticut Water Service Inc
CTWS
| $755K | ﹤0.01% |
11,005
-1,681
| -13% | -$113K |
|
1868
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.44B
| $754K | ﹤0.01% |
12,727
+1,303
| +11% | +$76.2K |
|
|
COUP
1869
DELISTED
Coupa Software Incorporated
COUP
| $746K | ﹤0.01% |
8,200
+2,822
| +52% | +$242K |
|
1870
State Street SPDR S&P International Small Cap ETF
GWX
$859M
| $745K | ﹤0.01% |
24,563
-6,772
| -22% | -$202K |
|
|
FOLD
1871
DELISTED
Amicus Therapeutics
FOLD
| $738K | ﹤0.01% |
54,227
+1,820
| +3% | +$22.2K |
|
1872
AppFolio
APPF
$6.37B
| $734K | ﹤0.01% |
9,242
+3,222
| +54% | +$215K |
|
1873
Aramark
ARMK
$15B
| $732K | ﹤0.01% |
34,302
+11,693
| +52% | +$262K |
|
1874
Genpact
G
$5.96B
| $727K | ﹤0.01% |
20,668
+3,623
| +21% | +$114K |
|
1875
Gates Industrial Corporation Ltd.
GTES
$7.09B
| $727K | ﹤0.01% |
50,670
-934,908
| -95% | -$14.1M |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.