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 | |
|---|---|---|---|---|---|---|
1901
Plains GP Holdings
PAGP
$5.14B
| $535K | ﹤0.01% |
26,628
| – | – |
|
1902
Vanguard Morningstar Growth ETF
VUG
$217B
| $533K | ﹤0.01% |
+23,802
| New | +$577K |
|
1903
Chesapeake Utilities
CPK
$3.16B
| $532K | ﹤0.01% |
6,539
-1,141
| -15% | -$95.4K |
|
1904
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $530K | ﹤0.01% |
+6,747
| New | +$526K |
|
1905
CBIZ
CBZ
$3B
| $529K | ﹤0.01% |
26,829
+16,309
| +155% | +$349K |
|
1906
Credit Acceptance
CACC
$5.79B
| $527K | ﹤0.01% |
1,380
-475
| -26% | -$191K |
|
1907
Cohen & Steers
CNS
$4.13B
| $526K | ﹤0.01% |
15,329
-12,896
| -46% | -$477K |
|
1908
Enterprise Financial Services Corp
EFSC
$2.39B
| $526K | ﹤0.01% |
13,983
-1,386
| -9% | -$61.7K |
|
|
ARNA
1909
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $526K | ﹤0.01% |
13,511
-1,420
| -10% | -$55.8K |
|
1910
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $525K | ﹤0.01% |
+15,883
| New | +$523K |
|
|
CSII
1911
DELISTED
Cardiovascular Systems, Inc.
CSII
| $522K | ﹤0.01% |
18,325
-8,589
| -32% | -$273K |
|
1912
Hexcel
HXL
$7.69B
| $519K | ﹤0.01% |
9,048
-2,903
| -24% | -$175K |
|
1913
Pacira BioSciences
PCRX
$1.03B
| $515K | ﹤0.01% |
11,961
-133
| -1% | -$6.21K |
|
1914
Diageo
DEO
$49B
| $514K | ﹤0.01% |
3,623
-700
| -16% | -$98.5K |
|
1915
Xencor
XNCR
$1.5B
| $512K | ﹤0.01% |
14,141
-1,964
| -12% | -$72.1K |
|
|
ZAYO
1916
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $512K | ﹤0.01% |
22,422
-5,397
| -19% | -$148K |
|
1917
Grand Canyon Education
LOPE
$3.99B
| $509K | ﹤0.01% |
5,293
-1,850
| -26% | -$215K |
|
1918
Qiagen
QGEN
$8.47B
| $508K | ﹤0.01% |
13,905
-2,923
| -17% | -$109K |
|
1919
Acadia Pharmaceuticals
ACAD
$4.35B
| $502K | ﹤0.01% |
31,051
-7,003
| -18% | -$136K |
|
|
FOLD
1920
DELISTED
Amicus Therapeutics
FOLD
| $502K | ﹤0.01% |
52,407
-107,094
| -67% | -$1.18M |
|
1921
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.3B
| $500K | ﹤0.01% |
+11,289
| New | +$523K |
|
1922
Kopin
KOPN
$639M
| $497K | ﹤0.01% |
497,602
+2,625
| +0.5% | +$4.73K |
|
|
P
1923
DELISTED
Pandora Media Inc
P
| $493K | ﹤0.01% |
61,023
-19,052
| -24% | -$165K |
|
1924
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $485K | ﹤0.01% |
+10,088
| New | +$481K |
|
1925
Essent Group
ESNT
$6.09B
| $480K | ﹤0.01% |
14,055
+201
| +1% | +$7.69K |
|
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.