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 |
Tesla
TSLA
|
+$518M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$315M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
+$300M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$204M |
| 5 |
American Tower
AMT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$289M |
| 2 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$266M |
| 3 |
Ventas
VTR
|
+$222M |
| 4 |
AIV
Aimco
AIV
|
+$221M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$152M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Financials | 15.13% |
| 3 | Real Estate | 14.76% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
James Hardie Industries
JHX
$16.5B
| $1.1M | ﹤0.01% |
36,954
+27,354
| +285% | +$745K |
|
1927
Equitable Holdings
EQH
$14B
| $1.09M | ﹤0.01% |
42,790
-8,219
| -16% | -$192K |
|
|
SWTX
1928
DELISTED
SpringWorks Therapeutics
SWTX
| $1.08M | ﹤0.01% |
+14,968
| New | +$963K |
|
1929
Neurocrine Biosciences
NBIX
$16.4B
| $1.08M | ﹤0.01% |
11,252
-362
| -3% | -$35K |
|
|
RETA
1930
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $1.08M | ﹤0.01% |
8,709
-5
| -0.1% | -$657 |
|
1931
iBio
IBIO
$69.5M
| $1.07M | ﹤0.01% |
+2,047
| New | +$1.67M |
|
|
INOV
1932
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $1.07M | ﹤0.01% |
59,100
-14,701
| -20% | -$314K |
|
1933
Vir Biotechnology
VIR
$1.54B
| $1.07M | ﹤0.01% |
39,811
+8,504
| +27% | +$276K |
|
|
ROCC
1934
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $1.06M | ﹤0.01% |
104,566
-3,985
| -4% | -$37.6K |
|
1935
Sportsman's Warehouse
SPWH
$46M
| $1.06M | ﹤0.01% |
60,271
+21,507
| +55% | +$315K |
|
|
BELFB
1936
Bel Fuse Inc Class B
BELFB
$4.18B
| $1.06M | ﹤0.01% |
70,264
-2,930
| -4% | -$39.4K |
|
1937
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| $1.05M | ﹤0.01% |
6,643
-1,063
| -14% | -$169K |
|
|
HTO
1938
H2O America
HTO
$2.59B
| $1.04M | ﹤0.01% |
15,016
+6,303
| +72% | +$410K |
|
1939
Progyny
PGNY
$2.46B
| $1.04M | ﹤0.01% |
24,521
+6,990
| +40% | +$227K |
|
1940
Ambarella
AMBA
$3.59B
| $1.04M | ﹤0.01% |
+11,302
| New | +$791K |
|
1941
iShares US Treasury Bond ETF
GOVT
$43.7B
| $1.03M | ﹤0.01% |
37,795
+6,562
| +21% | +$181K |
|
1942
Globant
GLOB
$1.66B
| $1.02M | ﹤0.01% |
4,708
-156
| -3% | -$30.2K |
|
1943
Novanta
NOVT
$5.45B
| $1.02M | ﹤0.01% |
8,665
+3,496
| +68% | +$408K |
|
1944
American Well
AMWL
$218M
| $1.01M | ﹤0.01% |
1,990
-10
| -0.5% | -$5.79K |
|
|
ANAT
1945
DELISTED
American National Group, Inc. Common Stock
ANAT
| $1.01M | ﹤0.01% |
10,488
+650
| +7% | +$52.4K |
|
|
NBIS
1946
Nebius Group N.V.
NBIS
$55.6B
| $992K | ﹤0.01% |
14,250
| – | – |
|
1947
STAG Industrial
STAG
$7.19B
| $988K | ﹤0.01% |
31,542
-32,404
| -51% | -$1.01M |
|
1948
Surgery Partners
SGRY
$2B
| $983K | ﹤0.01% |
33,883
-45,334
| -57% | -$1.13M |
|
1949
iShares US Real Estate ETF
IYR
$4.67B
| $982K | ﹤0.01% |
11,461
+5,610
| +96% | +$467K |
|
1950
PG&E
PCG
$37.9B
| $974K | ﹤0.01% |
78,156
-17,068
| -18% | -$193K |
|
Similar funds
Principal Financial Group's Q4 2020 Portfolio in Review
As of Q4 2020, Principal Financial Group held 2,508 positions worth $135B, up 14% from $119B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2020 filing shows 187 new, 810 increased, 1,403 reduced and 94 closed positions. Its largest new stake was Apartment Income REIT Corp.: 7,814,575 shares worth $300M. The largest sale was Walt Disney, an estimated $289M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2020 buy was Apartment Income REIT Corp.: 7,814,575 shares worth $300M.
- Principal Financial Group added most to Tesla in Q4 2020, an estimated $518M increase.
- Principal Financial Group's biggest Q4 2020 reduction was Walt Disney, cutting an estimated $289M.
- Principal Financial Group fully exited GCI Liberty, Inc. Class A Common Stock (DE) in Q4 2020, selling an estimated $266M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q4 2020.
- Principal Financial Group opened 187 new positions and closed 94 in Q4 2020.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q4 2020, filed 8 Feb 2021.