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 |
Dentsply Sirona
XRAY
|
+$298M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$165M |
| 3 |
Regency Centers
REG
|
+$153M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$105M |
| 5 |
TransDigm Group
TDG
|
+$87.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoetis
ZTS
|
+$443M |
| 2 |
EQY
Equity One
EQY
|
+$208M |
| 3 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$76.3M |
| 4 |
SL Green Realty
SLG
|
+$63.3M |
| 5 |
FITB
Fifth Third Bancorp
FITB
|
+$60.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.51% |
| 2 | Real Estate | 15.76% |
| 3 | Technology | 12.08% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 9.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
WSFS Financial
WSFS
$4.2B
| $558K | ﹤0.01% |
12,143
-6,250
| -34% | -$284K |
|
1902
Opko Health
OPK
$1.25B
| $553K | ﹤0.01% |
69,098
-2,125
| -3% | -$17.9K |
|
|
SUM
1903
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $528K | ﹤0.01% |
22,035
+10,843
| +97% | +$254K |
|
|
CBI
1904
DELISTED
Chicago Bridge & Iron Nv
CBI
| $528K | ﹤0.01% |
17,186
-155
| -0.9% | -$5K |
|
1905
Bruker
BRKR
$9.58B
| $527K | ﹤0.01% |
22,601
-702
| -3% | -$16.5K |
|
|
AIMC
1906
DELISTED
Altra Industrial Motion Corp
AIMC
| $521K | ﹤0.01% |
13,383
-315
| -2% | -$12.1K |
|
1907
Pathward Financial
CASH
$1.87B
| $519K | ﹤0.01% |
17,592
-6,546
| -27% | -$202K |
|
1908
Empire State Realty Trust
ESRT
$976M
| $514K | ﹤0.01% |
24,891
-168
| -0.7% | -$3.47K |
|
1909
RLJ Lodging Trust
RLJ
$1.89B
| $509K | ﹤0.01% |
21,644
+4,935
| +30% | +$115K |
|
1910
Generac Holdings
GNRC
$11.5B
| $502K | ﹤0.01% |
13,470
+180
| +1% | +$7.11K |
|
|
CXP
1911
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $495K | ﹤0.01% |
22,235
+891
| +4% | +$19.9K |
|
|
PGRE
1912
DELISTED
Paramount Group
PGRE
| $494K | ﹤0.01% |
30,473
+723
| +2% | +$12K |
|
|
HRG
1913
DELISTED
HRG Group, Inc.
HRG
| $492K | ﹤0.01% |
25,469
+266
| +1% | +$4.67K |
|
|
WBT
1914
DELISTED
Welbilt, Inc.
WBT
| $490K | ﹤0.01% |
24,964
-847,548
| -97% | -$16.2M |
|
|
VWR
1915
DELISTED
VWR Corporation
VWR
| $489K | ﹤0.01% |
17,339
+450
| +3% | +$12K |
|
|
FNBC
1916
DELISTED
First NBC Bank Holding Company
FNBC
| $485K | ﹤0.01% |
121,321
+4,266
| +4% | +$20.9K |
|
|
LGF.B
1917
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $483K | ﹤0.01% |
19,808
+4,970
| +33% | +$126K |
|
|
CPN
1918
DELISTED
Calpine Corporation
CPN
| $481K | ﹤0.01% |
43,554
-1,272
| -3% | -$14.6K |
|
|
HCR
1919
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $480K | ﹤0.01% |
27,667
+3,401
| +14% | +$62.9K |
|
1920
Brown-Forman Class A
BF.A
$13.4B
| $479K | ﹤0.01% |
12,724
+6,109
| +92% | +$232K |
|
1921
Gorman-Rupp
GRC
$2.18B
| $472K | ﹤0.01% |
15,043
+1,000
| +7% | +$31.1K |
|
|
RP
1922
DELISTED
RealPage, Inc.
RP
| $468K | ﹤0.01% |
13,413
-145
| -1% | -$4.74K |
|
1923
Radian Group
RDN
$5.22B
| $467K | ﹤0.01% |
25,977
-3,509
| -12% | -$64.9K |
|
|
EXAS
1924
DELISTED
Exact Sciences
EXAS
| $464K | ﹤0.01% |
19,659
-89
| -0.5% | -$1.76K |
|
|
USG
1925
DELISTED
Usg
USG
| $464K | ﹤0.01% |
14,584
-257
| -2% | -$8.18K |
|
Similar funds
Principal Financial Group's Q1 2017 Portfolio in Review
As of Q1 2017, Principal Financial Group held 2,291 positions worth $83.1B, up 5.4% from $78.8B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q1 2017 filing shows 65 new, 1,460 increased, 605 reduced and 84 closed positions. Its largest new stake was Invitation Homes: 4,089,587 shares worth $89.3M. The largest sale was Zoetis, an estimated $443M.
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 Q1 2017 buy was Invitation Homes: 4,089,587 shares worth $89.3M.
- Principal Financial Group added most to Dentsply Sirona in Q1 2017, an estimated $298M increase.
- Principal Financial Group's biggest Q1 2017 reduction was Zoetis, cutting an estimated $443M.
- Principal Financial Group fully exited Equity One in Q1 2017, selling an estimated $208M.
- Principal Financial Group's ten largest holdings make up 10% of its $83.1B portfolio in Q1 2017.
- Principal Financial Group opened 65 new positions and closed 84 in Q1 2017.
- Principal Financial Group's portfolio value rose 5.4% quarter-over-quarter to $83.1B.
Based on Principal Financial Group's 13F filing for Q1 2017, filed 11 May 2017.