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 | |
|---|---|---|---|---|---|---|
|
WMGI
1901
DELISTED
Wright Medical Group Inc
WMGI
| $630K | ﹤0.01% |
30,547
+2,763
| +10% | +$65.8K |
|
1902
Gray Television
GTN
$417M
| $629K | ﹤0.01% |
38,566
+5,480
| +17% | +$90.1K |
|
|
SFIX
1903
Stitch Fix
SFIX
$547M
| $625K | ﹤0.01% |
32,493
+2,448
| +8% | +$56.8K |
|
1904
Opko Health
OPK
$993M
| $623K | ﹤0.01% |
298,188
+21,499
| +8% | +$43.9K |
|
1905
HEICO Corp
HEI
$49.5B
| $622K | ﹤0.01% |
4,978
-641
| -11% | -$87.6K |
|
|
AD
1906
Array Digital Infrastructure
AD
$3.02B
| $622K | ﹤0.01% |
16,549
+1,104
| +7% | +$44.6K |
|
1907
AGNC Investment
AGNC
$12.7B
| $618K | ﹤0.01% |
38,425
+521
| +1% | +$8.55K |
|
1908
Voya Financial
VOYA
$9.09B
| $614K | ﹤0.01% |
11,276
-4,523
| -29% | -$241K |
|
1909
Bruker
BRKR
$9.79B
| $609K | ﹤0.01% |
13,869
-1,453
| -9% | -$65.1K |
|
1910
Yeti Holdings
YETI
$3.76B
| $608K | ﹤0.01% |
21,703
+1,440
| +7% | +$43.7K |
|
1911
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $604K | ﹤0.01% |
7,476
+6
| +0.1% | +$484 |
|
1912
Teva Pharmaceuticals
TEVA
$41.2B
| $599K | ﹤0.01% |
87,022
-45,167
| -34% | -$346K |
|
1913
York Water
YORW
$501M
| $599K | ﹤0.01% |
13,729
+3,471
| +34% | +$131K |
|
1914
PTC Therapeutics
PTCT
$6.26B
| $596K | ﹤0.01% |
17,610
+1,637
| +10% | +$71.3K |
|
1915
Diageo
DEO
$49.5B
| $595K | ﹤0.01% |
3,643
+20
| +0.6% | +$3.35K |
|
|
MYOK
1916
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $594K | ﹤0.01% |
11,392
+973
| +9% | +$51.7K |
|
1917
ProShares Short 20+ Year Treasury ETF
TBF
$87.3M
| $582K | ﹤0.01% |
31,022
+5,570
| +22% | +$108K |
|
1918
Plains GP Holdings
PAGP
$5.26B
| $578K | ﹤0.01% |
27,209
+581
| +2% | +$13.4K |
|
1919
Vanguard Health Care ETF
VHT
$18.3B
| $574K | ﹤0.01% |
3,423
+125
| +4% | +$21.4K |
|
1920
iShares US Treasury Bond ETF
GOVT
$43.7B
| $573K | ﹤0.01% |
21,772
+7,612
| +54% | +$199K |
|
|
RJI
1921
DELISTED
AB Svensk Ekportkredit ELEMENTS Linked to the Rogers International Commodity Index-Total Return
RJI
| $564K | ﹤0.01% |
111,104
+7,134
| +7% | +$36.5K |
|
1922
CareDx
CDNA
$1.97B
| $563K | ﹤0.01% |
24,897
+1,489
| +6% | +$41.2K |
|
|
FOLD
1923
DELISTED
Amicus Therapeutics
FOLD
| $561K | ﹤0.01% |
70,021
+6,673
| +11% | +$72.4K |
|
|
ICPT
1924
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $555K | ﹤0.01% |
8,361
+708
| +9% | +$47.5K |
|
|
LX
1925
LexinFintech Holdings
LX
$246M
| $554K | ﹤0.01% |
55,228
+12
| +0% | +$131 |
|
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.