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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
FIVE9
FIVN
$2.09B
| $482K | ﹤0.01% |
9,115
+79
| +0.9% | +$4.02K |
|
|
CIT
1952
DELISTED
CIT Group Inc.
CIT
| $479K | ﹤0.01% |
9,982
+131
| +1% | +$6.17K |
|
1953
AnaptysBio
ANAB
$1.55B
| $474K | ﹤0.01% |
6,491
+3,042
| +88% | +$210K |
|
1954
Ingersoll Rand
IR
$32.4B
| $468K | ﹤0.01% |
16,824
+1,331
| +9% | +$33.5K |
|
1955
W&T Offshore
WTI
$522M
| $468K | ﹤0.01% |
67,881
-11,138
| -14% | -$60.5K |
|
|
CLR
1956
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $464K | ﹤0.01% |
10,374
+1,691
| +19% | +$75.6K |
|
1957
Acco Brands
ACCO
$391M
| $463K | ﹤0.01% |
54,120
-3,451
| -6% | -$30.2K |
|
1958
Banco Bilbao Vizcaya Argentaria
BBVA
$153B
| $458K | ﹤0.01% |
80,000
+10,000
| +14% | +$58.9K |
|
1959
Owens Corning
OC
$11.1B
| $458K | ﹤0.01% |
+9,720
| New | +$475K |
|
1960
Invesco Water Resources ETF
PHO
$2.01B
| $457K | ﹤0.01% |
13,435
+553
| +4% | +$17.6K |
|
|
RJI
1961
DELISTED
AB Svensk Ekportkredit ELEMENTS Linked to the Rogers International Commodity Index-Total Return
RJI
| $457K | ﹤0.01% |
85,986
+10,278
| +14% | +$53.7K |
|
1962
Essent Group
ESNT
$6.09B
| $456K | ﹤0.01% |
10,506
-3,549
| -25% | -$146K |
|
|
TOWR
1963
DELISTED
Tower International, Inc.
TOWR
| $455K | ﹤0.01% |
21,625
-14,113
| -39% | -$363K |
|
1964
PJT Partners
PJT
$4.36B
| $451K | ﹤0.01% |
10,800
-48
| -0.4% | -$2.06K |
|
1965
Zscaler
ZS
$24.2B
| $442K | ﹤0.01% |
+6,230
| New | +$331K |
|
1966
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $440K | ﹤0.01% |
9,085
-1,003
| -10% | -$48.4K |
|
|
NUAN
1967
DELISTED
Nuance Communications, Inc.
NUAN
| $438K | ﹤0.01% |
29,913
+2,123
| +8% | +$29.4K |
|
1968
Radian Group
RDN
$5.17B
| $435K | ﹤0.01% |
20,952
-5,658
| -21% | -$110K |
|
1969
Travere Therapeutics
TVTX
$5.2B
| $433K | ﹤0.01% |
19,153
+501
| +3% | +$11.1K |
|
1970
Melco Resorts & Entertainment
MLCO
$2.25B
| $429K | ﹤0.01% |
19,001
| – | – |
|
1971
Chegg
CHGG
$113M
| $423K | ﹤0.01% |
11,105
+95
| +0.9% | +$3.46K |
|
1972
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $423K | ﹤0.01% |
12,379
-3,504
| -22% | -$118K |
|
|
CSW
1973
CSW Industrials
CSW
$5.28B
| $421K | ﹤0.01% |
7,341
-33
| -0.4% | -$1.78K |
|
1974
Kadant
KAI
$3.64B
| $413K | ﹤0.01% |
4,692
-21
| -0.4% | -$1.81K |
|
1975
Stoneridge
SRI
$193M
| $409K | ﹤0.01% |
14,174
-64
| -0.4% | -$1.75K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.