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 |
Berkshire Hathaway Class B
BRK.B
|
+$179M |
| 2 |
Zoetis
ZTS
|
+$178M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
+$118M |
| 4 |
American Tower
AMT
|
+$118M |
| 5 |
Cisco
CSCO
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Labcorp
LH
|
+$121M |
| 2 |
DFS
Discover Financial Services
DFS
|
+$102M |
| 3 |
Bank of America
BAC
|
+$100M |
| 4 |
Entergy
ETR
|
+$94.3M |
| 5 |
TCO
Taubman Centers Inc.
TCO
|
+$93M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.86% |
| 2 | Real Estate | 15.38% |
| 3 | Technology | 11.79% |
| 4 | Healthcare | 11.21% |
| 5 | Consumer Discretionary | 10.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FLTX
1951
DELISTED
Fleetmatics Group PLC
FLTX
| $270K | ﹤0.01% |
6,023
-853
| -12% | -$33.7K |
|
|
EXPR
1952
DELISTED
Express, Inc.
EXPR
| $267K | ﹤0.01% |
805
+74
| +10% | +$21.4K |
|
|
OVTI
1953
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $267K | ﹤0.01% |
10,100
+1,013
| +11% | +$27.1K |
|
|
HT
1954
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $266K | ﹤0.01% |
10,281
+359
| +4% | +$9.64K |
|
|
MVNR
1955
DELISTED
MAVENIR SYS INC COM STK (DE)
MVNR
| $266K | ﹤0.01% |
14,979
-355,921
| -96% | -$5.35M |
|
1956
Rambus
RMBS
$9.72B
| $265K | ﹤0.01% |
21,074
-270
| -1% | -$3.17K |
|
|
SPNC
1957
DELISTED
Spectranetics Corp
SPNC
| $264K | ﹤0.01% |
7,579
-95
| -1% | -$3.23K |
|
|
DMC
1958
Del Monte Corp
DMC
$1.41B
| $263K | ﹤0.01% |
6,776
+680
| +11% | +$23.8K |
|
1959
GoPro
GPRO
$124M
| $263K | ﹤0.01% |
6,069
-368
| -6% | -$17.4K |
|
|
ARGO
1960
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $263K | ﹤0.01% |
6,644
+668
| +11% | +$25.9K |
|
1961
Evertec
EVTC
$1.95B
| $260K | ﹤0.01% |
11,859
-145
| -1% | -$3.06K |
|
1962
Forum Energy Technologies
FET
$581M
| $259K | ﹤0.01% |
661
+32
| +5% | +$11.6K |
|
1963
Spectrum Brands
SPB
$2.04B
| $259K | ﹤0.01% |
2,888
-3,959
| -58% | -$370K |
|
|
PTLA
1964
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $259K | ﹤0.01% |
+6,812
| New | +$234K |
|
1965
Unisys
UIS
$230M
| $257K | ﹤0.01% |
11,098
+2,367
| +27% | +$57.7K |
|
1966
Agios Pharmaceuticals
AGIO
$1.95B
| $256K | ﹤0.01% |
2,713
+531
| +24% | +$59.5K |
|
|
TAHO
1967
DELISTED
Tahoe Resources Inc
TAHO
| $255K | ﹤0.01% |
23,388
+2,366
| +11% | +$31.4K |
|
|
PMT
1968
PennyMac Mortgage Investment
PMT
$812M
| $254K | ﹤0.01% |
11,953
+1,200
| +11% | +$25.9K |
|
1969
Kosmos Energy
KOS
$1.52B
| $252K | ﹤0.01% |
31,798
+15,096
| +90% | +$127K |
|
1970
Protolabs
PRLB
$1.79B
| $252K | ﹤0.01% |
3,608
-46
| -1% | -$3.11K |
|
|
BLOX
1971
DELISTED
Infoblox Inc
BLOX
| $251K | ﹤0.01% |
+10,538
| New | +$226K |
|
1972
Ormat Technologies
ORA
$5.94B
| $247K | ﹤0.01% |
+6,503
| New | +$204K |
|
|
CSOD
1973
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $244K | ﹤0.01% |
8,442
-105
| -1% | -$3.42K |
|
|
LABL
1974
DELISTED
Multi-Color Corp
LABL
| $243K | ﹤0.01% |
+3,503
| New | +$223K |
|
1975
Halozyme
HALO
$9.88B
| $242K | ﹤0.01% |
16,990
-212
| -1% | -$3.06K |
|
Similar funds
Principal Financial Group's Q1 2015 Portfolio in Review
As of Q1 2015, Principal Financial Group held 2,263 positions worth $67.1B, up 4.3% from $64.4B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q1 2015 filing shows 93 new, 1,467 increased, 575 reduced and 109 closed positions. Its largest new stake was Qorvo: 779,371 shares worth $62.1M. The largest sale was Labcorp, an estimated $121M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q1 2015 buy was Qorvo: 779,371 shares worth $62.1M.
- Principal Financial Group added most to Berkshire Hathaway Class B in Q1 2015, an estimated $179M increase.
- Principal Financial Group's biggest Q1 2015 reduction was Labcorp, cutting an estimated $121M.
- Principal Financial Group fully exited Allergan Inc in Q1 2015, selling an estimated $81.6M.
- Principal Financial Group's ten largest holdings make up 10% of its $67.1B portfolio in Q1 2015.
- Principal Financial Group opened 93 new positions and closed 109 in Q1 2015.
- Principal Financial Group's portfolio value rose 4.3% quarter-over-quarter to $67.1B.
Based on Principal Financial Group's 13F filing for Q1 2015, filed 12 May 2015.