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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DF
1901
DELISTED
Dean Foods Company
DF
| $680K | ﹤0.01% |
735,801
+930
| +0.1% | +$1.5K |
|
1902
Erie Indemnity
ERIE
$13B
| $679K | ﹤0.01% |
2,669
-145
| -5% | -$30K |
|
1903
Opko Health
OPK
$1.02B
| $675K | ﹤0.01% |
276,689
+162,865
| +143% | +$355K |
|
1904
Starwood Property Trust
STWD
$6.12B
| $675K | ﹤0.01% |
29,695
+4,498
| +18% | +$102K |
|
1905
Vanguard Mid-Cap ETF
VO
$106B
| $673K | ﹤0.01% |
16,116
-13,612
| -46% | -$557K |
|
1906
Agios Pharmaceuticals
AGIO
$2.08B
| $671K | ﹤0.01% |
13,452
-1,473
| -10% | -$78.7K |
|
|
CTWS
1907
DELISTED
Connecticut Water Service Inc
CTWS
| $667K | ﹤0.01% |
9,560
-1,445
| -13% | -$99.9K |
|
1908
Plains GP Holdings
PAGP
$5.28B
| $665K | ﹤0.01% |
26,628
| – | – |
|
|
CBPX
1909
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $660K | ﹤0.01% |
24,857
-537
| -2% | -$13.5K |
|
|
SUP
1910
DELISTED
Superior Industries International
SUP
| $641K | ﹤0.01% |
185,311
+346
| +0.2% | +$1.59K |
|
1911
LSB Industries
LXU
$824M
| $639K | ﹤0.01% |
212,975
-703
| -0.3% | -$2.68K |
|
1912
AGNC Investment
AGNC
$12.7B
| $638K | ﹤0.01% |
37,904
-17,084
| -31% | -$297K |
|
1913
Qiagen
QGEN
$8.62B
| $635K | ﹤0.01% |
14,766
-547
| -4% | -$22.7K |
|
|
BLCM
1914
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $630K | ﹤0.01% |
37,074
+1,331
| +4% | +$36K |
|
1915
Credit Acceptance
CACC
$5.82B
| $628K | ﹤0.01% |
1,297
-60
| -4% | -$28.5K |
|
1916
Vericel Corp
VCEL
$2.38B
| $628K | ﹤0.01% |
33,255
+11,679
| +54% | +$199K |
|
|
VER
1917
DELISTED
VEREIT, Inc.
VER
| $627K | ﹤0.01% |
13,918
+4,143
| +42% | +$179K |
|
1918
Diageo
DEO
$49.6B
| $624K | ﹤0.01% |
3,623
| – | – |
|
|
LX
1919
LexinFintech Holdings
LX
$246M
| $616K | ﹤0.01% |
+55,216
| New | +$688K |
|
1920
Invesco Short Term Treasury ETF
TBLL
$2.61B
| $614K | ﹤0.01% |
5,810
+675
| +13% | +$71.3K |
|
1921
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $613K | ﹤0.01% |
5,536
+31
| +0.6% | +$3.42K |
|
|
NSTG
1922
DELISTED
NanoString Technologies, Inc.
NSTG
| $613K | ﹤0.01% |
+20,213
| New | +$535K |
|
|
AYR
1923
DELISTED
Aircastle Ltd
AYR
| $612K | ﹤0.01% |
+28,803
| New | +$580K |
|
|
ICPT
1924
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $609K | ﹤0.01% |
7,653
-12,880
| -63% | -$1.15M |
|
|
BMCH
1925
DELISTED
BMC Stock Holdings, Inc
BMCH
| $608K | ﹤0.01% |
28,656
+18,159
| +173% | +$377K |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.