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 |
Linde
LIN
|
+$219M |
| 2 |
TCO
Taubman Centers Inc.
TCO
|
+$96.5M |
| 3 |
WIX.com
WIX
|
+$96.5M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$84.9M |
| 5 |
American Homes 4 Rent
AMH
|
+$72.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ross Stores
ROST
|
+$250M |
| 2 |
Simon Property Group
SPG
|
+$202M |
| 3 |
PX
Praxair Inc
PX
|
+$171M |
| 4 |
Alibaba
BABA
|
+$160M |
| 5 |
O'Reilly Automotive
ORLY
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.05% |
| 3 | Technology | 13.99% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Healthcare | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
Okta
OKTA
$24.5B
| $631K | ﹤0.01% |
9,885
+4,862
| +97% | +$288K |
|
|
ATHN
1877
DELISTED
Athenahealth, Inc.
ATHN
| $625K | ﹤0.01% |
4,735
-1,609
| -25% | -$206K |
|
1878
US Foods
USFD
$22.2B
| $624K | ﹤0.01% |
19,708
-9,360
| -32% | -$289K |
|
|
CRR
1879
DELISTED
Carbo Ceramics Inc.
CRR
| $603K | ﹤0.01% |
173,330
+862
| +0.5% | +$4.3K |
|
|
VSI
1880
DELISTED
Vitamin Shoppe Inc.
VSI
| $602K | ﹤0.01% |
126,909
+670
| +0.5% | +$5.03K |
|
|
QHC
1881
DELISTED
Quorum Health Corporation
QHC
| $599K | ﹤0.01% |
207,330
+322
| +0.2% | +$1.35K |
|
1882
Ultragenyx Pharmaceutical
RARE
$2.45B
| $584K | ﹤0.01% |
13,440
-3,214
| -19% | -$176K |
|
1883
Crown Holdings
CCK
$12.7B
| $582K | ﹤0.01% |
14,002
-4,343
| -24% | -$201K |
|
|
GBT
1884
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $579K | ﹤0.01% |
14,104
-2,728
| -16% | -$102K |
|
1885
Marvell Technology
MRVL
$169B
| $574K | ﹤0.01% |
35,477
-32,748
| -48% | -$543K |
|
1886
Gray Television
GTN
$409M
| $570K | ﹤0.01% |
38,659
+27,149
| +236% | +$471K |
|
1887
Gorman-Rupp
GRC
$2.11B
| $567K | ﹤0.01% |
17,502
+3,242
| +23% | +$108K |
|
|
TMX
1888
DELISTED
Terminix Global Holdings, Inc.
TMX
| $564K | ﹤0.01% |
15,358
-11,570
| -43% | -$480K |
|
1889
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.4B
| $562K | ﹤0.01% |
+18,890
| New | +$550K |
|
|
MITT
1890
TPG Mortgage Investment Trust
MITT
$225M
| $558K | ﹤0.01% |
11,681
+5,564
| +91% | +$292K |
|
|
AERI
1891
DELISTED
Aerie Pharmaceuticals
AERI
| $558K | ﹤0.01% |
15,466
-3,474
| -18% | -$163K |
|
1892
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$35.9B
| $556K | ﹤0.01% |
+20,474
| New | +$602K |
|
1893
Amdocs
DOX
$5.8B
| $555K | ﹤0.01% |
9,480
-2,091
| -18% | -$131K |
|
1894
Trade Desk
TTD
$8.52B
| $553K | ﹤0.01% |
47,670
-23,140
| -33% | -$290K |
|
|
SEMG
1895
DELISTED
SEMGROUP CORPORATION
SEMG
| $552K | ﹤0.01% |
40,073
+6,817
| +20% | +$123K |
|
|
IMGN
1896
DELISTED
Immunogen Inc
IMGN
| $548K | ﹤0.01% |
114,173
+3,696
| +3% | +$22.4K |
|
1897
Copa Holdings
CPA
$5.77B
| $547K | ﹤0.01% |
6,952
-105,550
| -94% | -$8.26M |
|
1898
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $546K | ﹤0.01% |
+18,458
| New | +$543K |
|
|
PETQ
1899
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $539K | ﹤0.01% |
+22,967
| New | +$709K |
|
1900
Voya Financial
VOYA
$9.01B
| $538K | ﹤0.01% |
13,396
-4,466
| -25% | -$198K |
|
Similar funds
Principal Financial Group's Q4 2018 Portfolio in Review
As of Q4 2018, Principal Financial Group held 2,412 positions worth $93.8B, down 17% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group withdrew a net $4.07B in Q4 2018, closing 172 positions and reducing 1,316 holdings. Its most notable exit was Praxair Inc, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Real Estate and Technology.
Against the trend, Principal Financial Group opened a new position in Linde worth $216M.
- Principal Financial Group's largest Q4 2018 buy was Linde: 1,382,859 shares worth $216M.
- Principal Financial Group added most to Taubman Centers Inc. in Q4 2018, an estimated $96.5M increase.
- Principal Financial Group's biggest Q4 2018 reduction was Ross Stores, cutting an estimated $250M.
- Principal Financial Group fully exited Praxair Inc in Q4 2018, selling an estimated $171M.
- Principal Financial Group's ten largest holdings make up 11% of its $93.8B portfolio in Q4 2018.
- Principal Financial Group opened 124 new positions and closed 172 in Q4 2018.
- Principal Financial Group's portfolio value fell 17% quarter-over-quarter to $93.8B.
Based on Principal Financial Group's 13F filing for Q4 2018, filed 14 Feb 2019.