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 | |
|---|---|---|---|---|---|---|
1851
Voya Financial
VOYA
$9.09B
| $901K | ﹤0.01% |
14,782
+3,506
| +31% | +$198K |
|
1852
Insulet
PODD
$11.5B
| $898K | ﹤0.01% |
5,243
-8,935
| -63% | -$1.49M |
|
1853
Levi Strauss
LEVI
$9.45B
| $893K | ﹤0.01% |
+46,318
| New | +$826K |
|
1854
Gaming and Leisure Properties
GLPI
$12.7B
| $888K | ﹤0.01% |
20,618
-871
| -4% | -$35.8K |
|
1855
Brookdale Senior Living
BKD
$3.49B
| $886K | ﹤0.01% |
121,804
-21,829
| -15% | -$162K |
|
1856
US Foods
USFD
$22.1B
| $883K | ﹤0.01% |
21,070
-1,315
| -6% | -$52.8K |
|
|
ACOR
1857
DELISTED
Acorda Therapeutics
ACOR
| $876K | ﹤0.01% |
3,579
+360
| +11% | +$90.8K |
|
1858
Generac Holdings
GNRC
$11.3B
| $865K | ﹤0.01% |
8,595
-38,571
| -82% | -$3.59M |
|
1859
Coherus Oncology
CHRS
$227M
| $838K | ﹤0.01% |
46,528
+35,710
| +330% | +$659K |
|
1860
Hexcel
HXL
$7.78B
| $832K | ﹤0.01% |
11,343
-848
| -7% | -$65.1K |
|
1861
Sensata Technologies
ST
$6.98B
| $828K | ﹤0.01% |
15,362
-745
| -5% | -$38.3K |
|
1862
iShares MSCI EAFE ETF
EFA
$78.5B
| $826K | ﹤0.01% |
11,900
-76,903
| -87% | -$5.19M |
|
|
SCS
1863
DELISTED
Steelcase
SCS
| $818K | ﹤0.01% |
39,942
+25,074
| +169% | +$465K |
|
|
MYOK
1864
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $814K | ﹤0.01% |
11,166
-226
| -2% | -$13.7K |
|
1865
Chesapeake Utilities
CPK
$3.2B
| $812K | ﹤0.01% |
8,472
-526
| -6% | -$48.9K |
|
1866
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $807K | ﹤0.01% |
27,344
-8,736
| -24% | -$258K |
|
|
WBC
1867
DELISTED
WABCO HOLDINGS INC.
WBC
| $803K | ﹤0.01% |
5,925
-110
| -2% | -$14.8K |
|
1868
Rapid7
RPD
$634M
| $801K | ﹤0.01% |
14,297
-887
| -6% | -$46.2K |
|
|
MODN
1869
DELISTED
MODEL N, INC.
MODN
| $798K | ﹤0.01% |
+22,767
| New | +$693K |
|
1870
BWX Technologies
BWXT
$15.2B
| $778K | ﹤0.01% |
+12,540
| New | +$745K |
|
|
LX
1871
LexinFintech Holdings
LX
$246M
| $778K | ﹤0.01% |
56,029
+801
| +1% | +$9.19K |
|
1872
Axsome Therapeutics
AXSM
$12.1B
| $777K | ﹤0.01% |
+7,525
| New | +$304K |
|
|
PFPT
1873
DELISTED
Proofpoint, Inc.
PFPT
| $776K | ﹤0.01% |
6,765
+14
| +0.2% | +$1.67K |
|
1874
PTC Therapeutics
PTCT
$6.26B
| $772K | ﹤0.01% |
16,086
-1,524
| -9% | -$64.8K |
|
|
BOLD
1875
DELISTED
Audentes Therapeutics, Inc
BOLD
| $746K | ﹤0.01% |
+12,473
| New | +$468K |
|
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.