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 | |
|---|---|---|---|---|---|---|
1851
Jazz Pharmaceuticals
JAZZ
$16.2B
| $849K | ﹤0.01% |
6,626
-6
| -0.1% | -$804 |
|
|
DF
1852
DELISTED
Dean Foods Company
DF
| $842K | ﹤0.01% |
725,444
-10,357
| -1% | -$12.3K |
|
|
GBT
1853
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $825K | ﹤0.01% |
17,010
+1,546
| +10% | +$80.6K |
|
1854
Gaming and Leisure Properties
GLPI
$12.7B
| $822K | ﹤0.01% |
21,489
-48
| -0.2% | -$1.84K |
|
1855
Middleby
MIDD
$6.03B
| $822K | ﹤0.01% |
7,034
-3,432
| -33% | -$421K |
|
|
TMX
1856
DELISTED
Terminix Global Holdings, Inc.
TMX
| $816K | ﹤0.01% |
14,593
+5,498
| +60% | +$303K |
|
1857
Moderna
MRNA
$23B
| $810K | ﹤0.01% |
50,886
-24
| -0% | -$355 |
|
|
WBC
1858
DELISTED
WABCO HOLDINGS INC.
WBC
| $807K | ﹤0.01% |
6,035
-382
| -6% | -$50.8K |
|
1859
Sensata Technologies
ST
$6.98B
| $806K | ﹤0.01% |
16,107
+508
| +3% | +$24K |
|
|
BMCH
1860
DELISTED
BMC Stock Holdings, Inc
BMCH
| $804K | ﹤0.01% |
30,704
+2,048
| +7% | +$48.8K |
|
1861
Trade Desk
TTD
$8.59B
| $794K | ﹤0.01% |
42,330
-10,070
| -19% | -$240K |
|
1862
Invesco Short Term Treasury ETF
TBLL
$2.61B
| $792K | ﹤0.01% |
7,503
+1,693
| +29% | +$179K |
|
|
VSI
1863
DELISTED
Vitamin Shoppe Inc.
VSI
| $792K | ﹤0.01% |
121,468
-3,616
| -3% | -$20.3K |
|
1864
Shenandoah Telecom
SHEN
$631M
| $790K | ﹤0.01% |
24,846
+3,302
| +15% | +$116K |
|
|
ZAYO
1865
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $774K | ﹤0.01% |
22,834
+13,536
| +146% | +$456K |
|
|
JOYY
1866
JOYY Inc
JOYY
$3.68B
| $749K | ﹤0.01% |
13,314
-8,206
| -38% | -$498K |
|
1867
Trip.com Group
TCOM
$29.3B
| $748K | ﹤0.01% |
25,549
-22,822
| -47% | -$802K |
|
1868
Twilio
TWLO
$29B
| $740K | ﹤0.01% |
6,729
-9,656
| -59% | -$1.25M |
|
1869
Ultragenyx Pharmaceutical
RARE
$2.56B
| $739K | ﹤0.01% |
17,279
+1,644
| +11% | +$89.3K |
|
1870
Catheter Precision
VTAK
$1M
| $739K | ﹤0.01% |
2
| – | – |
|
|
ZEN
1871
DELISTED
ZENDESK INC
ZEN
| $737K | ﹤0.01% |
10,118
-11,926
| -54% | -$983K |
|
|
IMMU
1872
DELISTED
Immunomedics Inc
IMMU
| $736K | ﹤0.01% |
55,433
+5,091
| +10% | +$74.8K |
|
1873
Starwood Property Trust
STWD
$6.02B
| $727K | ﹤0.01% |
30,019
+324
| +1% | +$7.64K |
|
|
CBPX
1874
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $727K | ﹤0.01% |
26,633
+1,776
| +7% | +$44.7K |
|
1875
Alkermes
ALKS
$8.39B
| $725K | ﹤0.01% |
37,145
+48
| +0.1% | +$1.04K |
|
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.