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
| 1 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
$451M |
| 2 |
Meta Platforms (Facebook)
META
|
$357M |
| 3 |
LPL Financial
LPLA
|
$209M |
| 4 |
Vulcan Materials
VMC
|
$183M |
| 5 |
Healthpeak Properties
DOC
|
$175M |
Top Sells
| 1 |
iShares Core S&P 500 ETF
IVV
|
$877M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$629M |
| 3 |
Netflix
NFLX
|
$421M |
| 4 |
Progressive
PGR
|
$384M |
| 5 |
CarMax
KMX
|
$270M |
Sector Composition
| 1 | Technology | 20.36% |
| 2 | Financials | 16.54% |
| 3 | Real Estate | 12.06% |
| 4 | Consumer Discretionary | 11.39% |
| 5 | Industrials | 10.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Booking.com
BKNG
$178B
| $211M | 0.11% |
36,412
-1,993
| -5% | -$11.5M |
|
177
Constellation Energy
CEG
$94.2B
| $209M | 0.11% |
646,525
+110,395
| +21% | +$35.6M |
|
178
SPDR Gold MiniShares Trust
GLDM
$17.7B
| $208M | 0.11% |
3,176,866
+447,650
| +16% | +$29.3M |
|
179
Qualcomm
QCOM
$172B
| $208M | 0.11% |
1,306,588
-90,741
| -6% | -$14.5M |
|
180
Verizon
VZ
$187B
| $207M | 0.11% |
4,779,313
-139,124
| -3% | -$6.02M |
|
181
McKesson
MCK
$85.5B
| $206M | 0.11% |
281,567
-2,601
| -0.9% | -$1.91M |
|
182
Graco
GGG
$14.2B
| $205M | 0.11% |
2,383,572
-7,368
| -0.3% | -$633K |
|
183
American Express
AXP
$227B
| $202M | 0.11% |
634,118
-46,190
| -7% | -$14.7M |
|
184
Boeing
BA
$174B
| $201M | 0.11% |
961,487
+117,530
| +14% | +$24.6M |
|
185
Procore
PCOR
$10.5B
| $201M | 0.11% |
2,941,362
+179,087
| +6% | +$12.3M |
|
|
ANSS
186
DELISTED
Ansys
ANSS
| $200M | 0.11% |
568,534
-2,651
| -0.5% | -$931K |
|
187
Boston Scientific
BSX
$159B
| $199M | 0.11% |
1,852,793
-34,044
| -2% | -$3.66M |
|
188
KLA
KLAC
$119B
| $197M | 0.1% |
219,403
+6,704
| +3% | +$6.01M |
|
189
Eaton
ETN
$136B
| $196M | 0.1% |
547,725
+74,653
| +16% | +$26.7M |
|
190
AppFolio
APPF
$10.2B
| $192M | 0.1% |
832,891
+431,003
| +107% | +$99.3M |
|
191
Applied Materials
AMAT
$130B
| $187M | 0.1% |
1,020,638
-57,239
| -5% | -$10.5M |
|
192
Carrier Global
CARR
$55.8B
| $187M | 0.1% |
2,548,578
-60,368
| -2% | -$4.42M |
|
193
Agree Realty
ADC
$8.08B
| $183M | 0.1% |
2,503,260
-166,073
| -6% | -$12.1M |
|
194
Vertex Pharmaceuticals
VRTX
$102B
| $182M | 0.1% |
409,805
-4,566
| -1% | -$2.03M |
|
195
S&P Global
SPGI
$164B
| $182M | 0.1% |
344,752
-11,056
| -3% | -$5.83M |
|
196
Arista Networks
ANET
$180B
| $179M | 0.09% |
1,745,153
+195,840
| +13% | +$20M |
|
197
Enterprise Products Partners
EPD
$68.6B
| $178M | 0.09% |
5,724,653
+92,538
| +2% | +$2.87M |
|
198
Marsh & McLennan
MMC
$100B
| $177M | 0.09% |
811,629
-28,664
| -3% | -$6.27M |
|
199
Honeywell
HON
$136B
| $174M | 0.09% |
746,799
-42,678
| -5% | -$9.94M |
|
|
200
CarMax
KMX
$9.11B
| $173M | 0.09% |
2,571,945
-4,015,349
| -61% | -$270M |
|