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 |
O'Reilly Automotive
ORLY
|
+$160M |
| 2 |
DuPont de Nemours
DD
|
+$128M |
| 3 |
Healthpeak Properties
DOC
|
+$106M |
| 4 |
Gartner
IT
|
+$94.5M |
| 5 |
Air Products & Chemicals
APD
|
+$91.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$240M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$165M |
| 3 |
JPMorgan Chase
JPM
|
+$114M |
| 4 |
Welltower
WELL
|
+$110M |
| 5 |
Willis Towers Watson
WTW
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Real Estate | 14.57% |
| 3 | Technology | 11.95% |
| 4 | Consumer Discretionary | 10.63% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
Towne Bank
TOWN
$3.5B
| $712K | ﹤0.01% |
21,264
-129,036
| -86% | -$4.01M |
|
|
HTLF
1877
DELISTED
Heartland Financial USA, Inc.
HTLF
| $710K | ﹤0.01% |
14,375
-82,361
| -85% | -$3.77M |
|
|
GRA
1878
DELISTED
W.R. Grace & Co.
GRA
| $707K | ﹤0.01% |
9,798
+4,183
| +74% | +$295K |
|
1879
WSFS Financial
WSFS
$4.18B
| $699K | ﹤0.01% |
14,343
-5,162
| -26% | -$233K |
|
1880
Peabody Energy
BTU
$2.82B
| $696K | ﹤0.01% |
+24,004
| New | +$677K |
|
|
CPN
1881
DELISTED
Calpine Corporation
CPN
| $695K | ﹤0.01% |
47,097
-3,326
| -7% | -$47.5K |
|
|
AIMC
1882
DELISTED
Altra Industrial Motion Corp
AIMC
| $694K | ﹤0.01% |
14,437
-677
| -4% | -$29.9K |
|
|
ARCH
1883
DELISTED
Arch Resources, Inc.
ARCH
| $691K | ﹤0.01% |
9,626
-930
| -9% | -$69.6K |
|
1884
Lakeland Financial Corp
LKFN
$1.59B
| $690K | ﹤0.01% |
14,174
+5,796
| +69% | +$262K |
|
1885
LPL Financial
LPLA
$26.9B
| $689K | ﹤0.01% |
13,361
-662,743
| -98% | -$30.5M |
|
|
RSPP
1886
DELISTED
RSP Permian, Inc.
RSPP
| $661K | ﹤0.01% |
19,101
-4,741
| -20% | -$152K |
|
1887
Antero Resources
AR
$10.6B
| $659K | ﹤0.01% |
33,116
-5,928
| -15% | -$119K |
|
1888
AXIS Capital
AXS
$8.77B
| $656K | ﹤0.01% |
11,441
-4,503
| -28% | -$278K |
|
1889
Palo Alto Networks
PANW
$256B
| $652K | ﹤0.01% |
27,150
-6,390
| -19% | -$146K |
|
1890
Diageo
DEO
$49.6B
| $644K | ﹤0.01% |
4,867
+206
| +4% | +$26.6K |
|
1891
Evertec
EVTC
$1.93B
| $637K | ﹤0.01% |
40,160
-3,910
| -9% | -$70K |
|
1892
Argan
AGX
$6.94B
| $631K | ﹤0.01% |
9,389
-3,834
| -29% | -$241K |
|
|
HOUS
1893
DELISTED
Anywhere Real Estate
HOUS
| $627K | ﹤0.01% |
19,043
-2,206
| -10% | -$74.5K |
|
1894
York Water
YORW
$520M
| $622K | ﹤0.01% |
18,357
+256
| +1% | +$8.68K |
|
1895
Voya Financial
VOYA
$9B
| $621K | ﹤0.01% |
15,575
-7,658
| -33% | -$293K |
|
|
MITT
1896
TPG Mortgage Investment Trust
MITT
$231M
| $620K | ﹤0.01% |
10,749
| – | – |
|
|
NGHC
1897
DELISTED
National General Holdings Corp
NGHC
| $614K | ﹤0.01% |
32,133
| – | – |
|
1898
Atkore
ATKR
$2.56B
| $612K | ﹤0.01% |
31,368
-550,777
| -95% | -$10.6M |
|
|
TWOU
1899
DELISTED
2U Inc
TWOU
| $609K | ﹤0.01% |
362
-33
| -8% | -$49.7K |
|
1900
Yelp
YELP
$1.51B
| $607K | ﹤0.01% |
14,013
+3,204
| +30% | +$124K |
|
Similar funds
Principal Financial Group's Q3 2017 Portfolio in Review
As of Q3 2017, Principal Financial Group held 2,305 positions worth $103B, up 3.3% from $99.8B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Principal Financial Group's Q3 2017 filing shows 56 new, 739 increased, 1,351 reduced and 102 closed positions. Its largest new stake was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M. The largest sale was AutoZone, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q3 2017 buy was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M.
- Principal Financial Group added most to O'Reilly Automotive in Q3 2017, an estimated $160M increase.
- Principal Financial Group's biggest Q3 2017 reduction was AutoZone, cutting an estimated $240M.
- Principal Financial Group fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $165M.
- Principal Financial Group's ten largest holdings make up 9.5% of its $103B portfolio in Q3 2017.
- Principal Financial Group opened 56 new positions and closed 102 in Q3 2017.
- Principal Financial Group's portfolio value rose 3.3% quarter-over-quarter to $103B.
Based on Principal Financial Group's 13F filing for Q3 2017, filed 2 Nov 2017.