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 |
iShares Core S&P 500 ETF
IVV
|
$742M |
| 2 |
Healthpeak Properties
DOC
|
$351M |
| 3 |
Arthur J. Gallagher & Co
AJG
|
$317M |
| 4 |
Equity Lifestyle Properties
ELS
|
$256M |
| 5 |
TransDigm Group
TDG
|
$235M |
Top Sells
| 1 |
Adobe
ADBE
|
$508M |
| 2 |
SBA Communications
SBAC
|
$445M |
| 3 |
Brookfield
BN
|
$391M |
| 4 |
Alexandria Real Estate Equities
ARE
|
$291M |
| 5 |
Sun Communities
SUI
|
$288M |
Sector Composition
| 1 | Technology | 20.2% |
| 2 | Financials | 16.62% |
| 3 | Real Estate | 12.83% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
American Express
AXP
$230B
| $191M | 0.1% |
645,013
-7,999
| -1% | -$2.37M |
|
177
Fiserv
FI
$74B
| $191M | 0.1% |
929,193
+7,183
| +0.8% | +$1.48M |
|
178
Lam Research
LRCX
$127B
| $190M | 0.1% |
2,625,490
+124,440
| +5% | +$8.99M |
|
179
AT&T
T
$212B
| $189M | 0.1% |
8,312,486
+5,556
| +0.1% | +$127K |
|
180
Williams-Sonoma
WSM
$24.7B
| $189M | 0.1% |
1,019,134
-1,355
| -0.1% | -$251K |
|
181
Palo Alto Networks
PANW
$129B
| $188M | 0.1% |
1,035,235
+215,895
| +26% | +$39.3M |
|
182
Carrier Global
CARR
$54.1B
| $182M | 0.1% |
2,667,872
+105,995
| +4% | +$7.24M |
|
183
Amphenol
APH
$138B
| $180M | 0.1% |
2,598,845
+7,522
| +0.3% | +$522K |
|
184
Applied Materials
AMAT
$126B
| $180M | 0.1% |
1,109,083
-9,069
| -0.8% | -$1.47M |
|
185
Honeywell
HON
$137B
| $180M | 0.1% |
795,619
-1,807
| -0.2% | -$408K |
|
186
S&P Global
SPGI
$165B
| $180M | 0.1% |
360,793
-4,944
| -1% | -$2.46M |
|
187
Brookfield Renewable
BEP
$7.09B
| $179M | 0.1% |
7,851,842
+246,163
| +3% | +$5.61M |
|
188
Enterprise Products Partners
EPD
$68.9B
| $178M | 0.1% |
5,691,566
-231,555
| -4% | -$7.26M |
|
189
Boston Scientific
BSX
$159B
| $178M | 0.1% |
1,993,444
-16,997
| -0.8% | -$1.52M |
|
190
Marsh & McLennan
MMC
$101B
| $178M | 0.1% |
836,693
-3,064
| -0.4% | -$651K |
|
191
Nasdaq
NDAQ
$54.1B
| $173M | 0.09% |
2,240,998
+242,470
| +12% | +$18.7M |
|
192
East-West Bancorp
EWBC
$15B
| $172M | 0.09% |
1,801,113
-19,631
| -1% | -$1.88M |
|
193
Pfizer
PFE
$140B
| $170M | 0.09% |
6,403,879
-2,684,440
| -30% | -$71.2M |
|
194
Xcel Energy
XEL
$42.7B
| $167M | 0.09% |
2,475,912
-36,670
| -1% | -$2.48M |
|
|
195
Alexandria Real Estate Equities
ARE
$14.2B
| $165M | 0.09% |
1,687,936
-2,985,898
| -64% | -$291M |
|
196
Amgen
AMGN
$151B
| $164M | 0.09% |
630,985
-4,187
| -0.7% | -$1.09M |
|
197
ConocoPhillips
COP
$120B
| $163M | 0.09% |
1,641,970
+167,700
| +11% | +$16.6M |
|
198
Wintrust Financial
WTFC
$9.36B
| $162M | 0.09% |
1,301,192
-7,062
| -0.5% | -$881K |
|
199
McKesson
MCK
$86B
| $162M | 0.09% |
284,648
+7,515
| +3% | +$4.28M |
|
200
GE Vernova
GEV
$163B
| $161M | 0.09% |
488,506
-88,778
| -15% | -$29.2M |
|