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 | |
|---|---|---|---|---|---|---|
1876
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $724K | ﹤0.01% |
5,059
-307
| -6% | -$42.7K |
|
|
PLAN
1877
DELISTED
Anaplan, Inc.
PLAN
| $723K | ﹤0.01% |
15,373
-136,047
| -90% | -$7.38M |
|
|
FTR
1878
DELISTED
Frontier Communications Corp.
FTR
| $721K | ﹤0.01% |
831,093
-13,360
| -2% | -$15K |
|
|
ALLK
1879
DELISTED
Allakos
ALLK
| $713K | ﹤0.01% |
9,070
+2,600
| +40% | +$172K |
|
|
KNL
1880
DELISTED
Knoll, Inc.
KNL
| $712K | ﹤0.01% |
28,090
+3,463
| +14% | +$82.1K |
|
|
CSW
1881
CSW Industrials
CSW
$5.11B
| $710K | ﹤0.01% |
10,284
+3,805
| +59% | +$263K |
|
|
PSDO
1882
DELISTED
Presidio, Inc. Common Stock
PSDO
| $707K | ﹤0.01% |
41,825
+2,784
| +7% | +$41.5K |
|
|
RCM
1883
DELISTED
R1 RCM Inc. Common Stock
RCM
| $705K | ﹤0.01% |
78,914
+7,699
| +11% | +$90.8K |
|
|
AYR
1884
DELISTED
Aircastle Ltd
AYR
| $698K | ﹤0.01% |
31,139
+2,336
| +8% | +$50.2K |
|
|
ASRT
1885
DELISTED
Assertio
ASRT
| $692K | ﹤0.01% |
9,009
-103
| -1% | -$13.4K |
|
1886
Rapid7
RPD
$634M
| $689K | ﹤0.01% |
15,184
+887
| +6% | +$49.8K |
|
1887
Halozyme
HALO
$9.88B
| $688K | ﹤0.01% |
44,344
+4,149
| +10% | +$68.3K |
|
|
ATRI
1888
DELISTED
Atrion Corp
ATRI
| $682K | ﹤0.01% |
876
+319
| +57% | +$247K |
|
|
HDS
1889
DELISTED
HD Supply Holdings, Inc.
HDS
| $677K | ﹤0.01% |
17,279
+18
| +0.1% | +$706 |
|
|
RETA
1890
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $676K | ﹤0.01% |
8,424
+168
| +2% | +$14.3K |
|
|
ARNA
1891
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $671K | ﹤0.01% |
14,650
+1,353
| +10% | +$76.1K |
|
1892
Iovance Biotherapeutics
IOVA
$2.09B
| $666K | ﹤0.01% |
36,615
+3,303
| +10% | +$73K |
|
1893
iShares US Aerospace & Defense ETF
ITA
$14.1B
| $654K | ﹤0.01% |
5,818
+192
| +3% | +$21K |
|
1894
WesBanco
WSBC
$3.99B
| $651K | ﹤0.01% |
17,424
+6,552
| +60% | +$237K |
|
1895
Lakeland Financial Corp
LKFN
$1.56B
| $650K | ﹤0.01% |
14,765
+5,322
| +56% | +$235K |
|
1896
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $648K | ﹤0.01% |
13,231
+3,862
| +41% | +$190K |
|
1897
Armstrong World Industries
AWI
$7.37B
| $645K | ﹤0.01% |
6,675
-449
| -6% | -$43.2K |
|
1898
HubSpot
HUBS
$11.9B
| $639K | ﹤0.01% |
4,217
-1,496
| -26% | -$269K |
|
1899
Copa Holdings
CPA
$5.8B
| $634K | ﹤0.01% |
6,418
-21,657
| -77% | -$2.18M |
|
1900
Gorman-Rupp
GRC
$2.13B
| $633K | ﹤0.01% |
18,184
+4,598
| +34% | +$146K |
|
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.