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 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$171M |
| 2 |
FRC
First Republic Bank
FRC
|
+$124M |
| 3 |
Equinix
EQIX
|
+$95.1M |
| 4 |
Brookfield
BN
|
+$92.9M |
| 5 |
Hilton Worldwide
HLT
|
+$88.5M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Real Estate | 14.09% |
| 3 | Technology | 13.35% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Industrials | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CSII
1976
DELISTED
Cardiovascular Systems, Inc.
CSII
| $396K | ﹤0.01% |
18,038
+1,666
| +10% | +$40K |
|
1977
Helios Technologies
HLIO
$2.57B
| $391K | ﹤0.01% |
7,304
+693
| +10% | +$40.8K |
|
|
PGRE
1978
DELISTED
Paramount Group
PGRE
| $387K | ﹤0.01% |
27,151
-410
| -1% | -$5.98K |
|
1979
Brookdale Senior Living
BKD
$3.49B
| $385K | ﹤0.01% |
57,350
+9,598
| +20% | +$81.1K |
|
|
PDM
1980
Piedmont Realty Trust
PDM
$1.25B
| $385K | ﹤0.01% |
21,862
-878
| -4% | -$16.2K |
|
|
AGR
1981
DELISTED
Avangrid, Inc.
AGR
| $382K | ﹤0.01% |
7,478
-332
| -4% | -$16.2K |
|
|
VRNT
1982
DELISTED
Verint Systems
VRNT
| $378K | ﹤0.01% |
17,428
+4,191
| +32% | +$86.3K |
|
|
WBT
1983
DELISTED
Welbilt, Inc.
WBT
| $377K | ﹤0.01% |
19,381
-629
| -3% | -$13.4K |
|
|
HRG
1984
DELISTED
HRG Group, Inc.
HRG
| $377K | ﹤0.01% |
22,857
+914
| +4% | +$15.3K |
|
|
RPAI
1985
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $375K | ﹤0.01% |
32,144
-1,866
| -5% | -$22.5K |
|
|
ZNGA
1986
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $374K | ﹤0.01% |
102,202
-2,359
| -2% | -$8.71K |
|
1987
Peabody Energy
BTU
$2.61B
| $368K | ﹤0.01% |
10,090
-242
| -2% | -$9.63K |
|
1988
CBIZ
CBZ
$3B
| $366K | ﹤0.01% |
20,053
+1,883
| +10% | +$32.8K |
|
|
CRCM
1989
DELISTED
CARE.COM, INC.
CRCM
| $364K | ﹤0.01% |
22,367
+7,694
| +52% | +$141K |
|
|
CXP
1990
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $363K | ﹤0.01% |
17,765
-276
| -2% | -$5.88K |
|
1991
BWX Technologies
BWXT
$15.2B
| $359K | ﹤0.01% |
5,645
-8,632
| -60% | -$547K |
|
|
ESGR
1992
DELISTED
Enstar Group
ESGR
| $358K | ﹤0.01% |
1,702
+505
| +42% | +$104K |
|
1993
Etsy
ETSY
$7.89B
| $355K | ﹤0.01% |
12,661
-1,093
| -8% | -$24.6K |
|
1994
Morningstar
MORN
$7.24B
| $353K | ﹤0.01% |
3,697
+564
| +18% | +$54.2K |
|
|
SUM
1995
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $351K | ﹤0.01% |
11,787
-1,353
| -10% | -$41.7K |
|
|
SC
1996
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $350K | ﹤0.01% |
21,471
-1,774
| -8% | -$30.7K |
|
|
CORR
1997
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $349K | ﹤0.01% |
9,303
+875
| +10% | +$32.6K |
|
|
WEB
1998
DELISTED
Web.com Group, Inc.
WEB
| $347K | ﹤0.01% |
19,148
+1,799
| +10% | +$36.7K |
|
1999
Chesapeake Utilities
CPK
$3.2B
| $346K | ﹤0.01% |
4,915
-2,952
| -38% | -$210K |
|
2000
Element Solutions
ESI
$8.68B
| $346K | ﹤0.01% |
35,892
+727
| +2% | +$7.76K |
|
Similar funds
Principal Financial Group's Q1 2018 Portfolio in Review
As of Q1 2018, Principal Financial Group held 2,291 positions worth $105B, down 3.6% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2018 filing shows 52 new, 1,357 increased, 770 reduced and 85 closed positions. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M. The largest sale was Principal Exchange-Traded Funds Principal US Mega-Cap ETF, an estimated $791M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M.
- Principal Financial Group added most to First Republic Bank in Q1 2018, an estimated $124M increase.
- Principal Financial Group's biggest Q1 2018 reduction was Loews, cutting an estimated $99.2M.
- Principal Financial Group fully exited Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q1 2018, selling an estimated $791M.
- Principal Financial Group's ten largest holdings make up 11% of its $105B portfolio in Q1 2018.
- Principal Financial Group opened 52 new positions and closed 85 in Q1 2018.
- Principal Financial Group's portfolio value fell 3.6% quarter-over-quarter to $105B.
Based on Principal Financial Group's 13F filing for Q1 2018, filed 14 May 2018.