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 | |
|---|---|---|---|---|---|---|
1926
Performance Food Group
PFGC
$18B
| $476K | ﹤0.01% |
14,747
-6,873
| -32% | -$218K |
|
1927
Aramark
ARMK
$15.1B
| $473K | ﹤0.01% |
22,609
-563,743
| -96% | -$14.6M |
|
|
VER
1928
DELISTED
VEREIT, Inc.
VER
| $468K | ﹤0.01% |
13,080
-2,771
| -17% | -$103K |
|
1929
Axalta
AXTA
$7.71B
| $466K | ﹤0.01% |
19,911
-3,285
| -14% | -$81.6K |
|
1930
Genpact
G
$5.99B
| $460K | ﹤0.01% |
17,045
-5,818
| -25% | -$166K |
|
1931
HubSpot
HUBS
$11.9B
| $457K | ﹤0.01% |
3,637
-25,750
| -88% | -$3.37M |
|
|
SCG
1932
DELISTED
Scana
SCG
| $457K | ﹤0.01% |
9,571
-207,727
| -96% | -$8.92M |
|
1933
Simply Good Foods
SMPL
$918M
| $454K | ﹤0.01% |
+24,034
| New | +$454K |
|
|
WMC
1934
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $454K | ﹤0.01% |
+5,445
| New | +$533K |
|
1935
First Trust Preferred Securities and Income ETF
FPE
$6.31B
| $453K | ﹤0.01% |
+25,247
| New | +$468K |
|
1936
Vanguard Health Care ETF
VHT
$18.3B
| $453K | ﹤0.01% |
+2,820
| New | +$478K |
|
1937
Atkore
ATKR
$2.4B
| $451K | ﹤0.01% |
22,745
+14,861
| +188% | +$311K |
|
1938
Kforce
KFRC
$1.02B
| $451K | ﹤0.01% |
+14,571
| New | +$469K |
|
1939
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $450K | ﹤0.01% |
+3,707
| New | +$429K |
|
1940
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.1B
| $447K | ﹤0.01% |
+9,428
| New | +$443K |
|
1941
Lakeland Financial Corp
LKFN
$1.56B
| $445K | ﹤0.01% |
11,070
+420
| +4% | +$18.3K |
|
1942
Western Alliance Bancorporation
WAL
$8.87B
| $443K | ﹤0.01% |
11,223
-132,622
| -92% | -$6.27M |
|
1943
Starwood Property Trust
STWD
$6.02B
| $441K | ﹤0.01% |
22,385
-4,423
| -16% | -$95.4K |
|
1944
Funko
FNKO
$338M
| $438K | ﹤0.01% |
33,341
-1,555
| -4% | -$26K |
|
1945
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.3B
| $438K | ﹤0.01% |
+4,629
| New | +$469K |
|
1946
York Water
YORW
$501M
| $436K | ﹤0.01% |
13,604
+1,067
| +9% | +$34.2K |
|
1947
Radian Group
RDN
$5.16B
| $435K | ﹤0.01% |
26,610
-1,857
| -7% | -$33.9K |
|
|
IBKC
1948
DELISTED
IBERIABANK Corp
IBKC
| $433K | ﹤0.01% |
6,731
+1,486
| +28% | +$109K |
|
|
NVO
1949
Novo Nordisk
NVO
$228B
| $430K | ﹤0.01% |
18,640
-4,000
| -18% | -$88.9K |
|
1950
Ryman Hospitality Properties
RHP
$8.41B
| $428K | ﹤0.01% |
6,420
-2,636
| -29% | -$198K |
|
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.