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 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$171M |
| 2 |
FRC
First Republic Bank
FRC
|
+$124M |
| 3 |
Equinix
EQIX
|
+$95.1M |
| 4 |
Brookfield
BN
|
+$92.9M |
| 5 |
Hilton Worldwide
HLT
|
+$88.5M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Real Estate | 14.09% |
| 3 | Technology | 13.35% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Industrials | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Bankunited
BKU
$3.33B
| $554K | ﹤0.01% |
13,858
-978
| -7% | -$40.4K |
|
1927
Nutanix
NTNX
$16B
| $551K | ﹤0.01% |
11,224
+4,468
| +66% | +$177K |
|
1928
CVR Energy
CVI
$3.83B
| $547K | ﹤0.01% |
18,108
+1,680
| +10% | +$56.5K |
|
1929
GSK
GSK
$104B
| $545K | ﹤0.01% |
11,166
| – | – |
|
|
UN
1930
DELISTED
Unilever NV New York Registry Shares
UN
| $545K | ﹤0.01% |
9,653
-1,500
| -13% | -$82.4K |
|
1931
Bruker
BRKR
$9.79B
| $534K | ﹤0.01% |
17,851
+507
| +3% | +$16.5K |
|
1932
Essent Group
ESNT
$6.12B
| $532K | ﹤0.01% |
12,504
-1,708
| -12% | -$77.5K |
|
1933
Apple Hospitality REIT
APLE
$3.92B
| $529K | ﹤0.01% |
30,135
-1,015
| -3% | -$18.6K |
|
|
MYOK
1934
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $529K | ﹤0.01% |
10,845
+1,052
| +11% | +$54.7K |
|
|
ISBC
1935
DELISTED
Investors Bancorp, Inc.
ISBC
| $526K | ﹤0.01% |
38,573
+11,151
| +41% | +$155K |
|
1936
Preferred Bank
PFBC
$1.24B
| $517K | ﹤0.01% |
8,048
+749
| +10% | +$47.8K |
|
|
HOUS
1937
DELISTED
Anywhere Real Estate
HOUS
| $515K | ﹤0.01% |
18,895
-1,195
| -6% | -$31.4K |
|
|
CHMI
1938
Cherry Hill Mortgage Investment Corp
CHMI
$82.7M
| $514K | ﹤0.01% |
29,279
+2,723
| +10% | +$46.5K |
|
1939
Gorman-Rupp
GRC
$2.13B
| $514K | ﹤0.01% |
17,579
-3,950
| -18% | -$116K |
|
|
FMI
1940
DELISTED
Foundation Medicine, Inc.
FMI
| $510K | ﹤0.01% |
6,474
+583
| +10% | +$43K |
|
|
IMMU
1941
DELISTED
Immunomedics Inc
IMMU
| $496K | ﹤0.01% |
33,994
+1,265
| +4% | +$20.7K |
|
1942
Hyatt Hotels
H
$16.6B
| $484K | ﹤0.01% |
6,347
-601
| -9% | -$47.2K |
|
1943
RLJ Lodging Trust
RLJ
$1.87B
| $483K | ﹤0.01% |
24,851
-545
| -2% | -$11.6K |
|
1944
Choice Hotels
CHH
$5.08B
| $476K | ﹤0.01% |
5,943
-126
| -2% | -$10.2K |
|
|
CIM
1945
Chimera Investment
CIM
$1.06B
| $476K | ﹤0.01% |
9,119
-327
| -3% | -$17.1K |
|
1946
Travere Therapeutics
TVTX
$5.33B
| $475K | ﹤0.01% |
21,228
+1,950
| +10% | +$46.4K |
|
1947
York Water
YORW
$501M
| $469K | ﹤0.01% |
15,142
-3,401
| -18% | -$105K |
|
|
FTD
1948
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $469K | ﹤0.01% |
128,799
+3,058
| +2% | +$18.4K |
|
1949
First Citizens BancShares
FCNCA
$24.6B
| $466K | ﹤0.01% |
1,127
+336
| +42% | +$145K |
|
|
EBSB
1950
DELISTED
Meridian Bancorp, Inc.
EBSB
| $457K | ﹤0.01% |
22,687
+2,135
| +10% | +$43.9K |
|
Similar funds
Principal Financial Group's Q1 2018 Portfolio in Review
As of Q1 2018, Principal Financial Group held 2,291 positions worth $105B, down 3.6% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2018 filing shows 52 new, 1,357 increased, 770 reduced and 85 closed positions. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M. The largest sale was Principal Exchange-Traded Funds Principal US Mega-Cap ETF, an estimated $791M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M.
- Principal Financial Group added most to First Republic Bank in Q1 2018, an estimated $124M increase.
- Principal Financial Group's biggest Q1 2018 reduction was Loews, cutting an estimated $99.2M.
- Principal Financial Group fully exited Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q1 2018, selling an estimated $791M.
- Principal Financial Group's ten largest holdings make up 11% of its $105B portfolio in Q1 2018.
- Principal Financial Group opened 52 new positions and closed 85 in Q1 2018.
- Principal Financial Group's portfolio value fell 3.6% quarter-over-quarter to $105B.
Based on Principal Financial Group's 13F filing for Q1 2018, filed 14 May 2018.