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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
iShares Core S&P Total US Stock Market ETF
ITOT
$93.8B
| $434K | ﹤0.01% |
5,971
-470
| -7% | -$32.7K |
|
|
NUAN
1977
DELISTED
Nuance Communications, Inc.
NUAN
| $434K | ﹤0.01% |
24,363
-5,661
| -19% | -$93.9K |
|
|
QTS
1978
DELISTED
QTS REALTY TRUST, INC.
QTS
| $433K | ﹤0.01% |
7,981
+1,657
| +26% | +$86.9K |
|
1979
Alector
ALEC
$180M
| $430K | ﹤0.01% |
+24,944
| New | +$424K |
|
1980
Northern Oil and Gas
NOG
$2.27B
| $426K | ﹤0.01% |
18,197
+15,443
| +561% | +$306K |
|
1981
Pegasystems
PEGA
$4.94B
| $424K | ﹤0.01% |
10,650
+92
| +0.9% | +$3.48K |
|
1982
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $421K | ﹤0.01% |
14,036
+447
| +3% | +$13.4K |
|
1983
Radian Group
RDN
$5.16B
| $418K | ﹤0.01% |
16,623
-4,463
| -21% | -$111K |
|
1984
America's Car Mart
CRMT
$26.7M
| $416K | ﹤0.01% |
3,796
+406
| +12% | +$39.3K |
|
1985
Sea Limited
SE
$65.1B
| $413K | ﹤0.01% |
10,279
-64
| -0.6% | -$2.15K |
|
|
MNDT
1986
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $411K | ﹤0.01% |
+24,849
| New | +$399K |
|
1987
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $409K | ﹤0.01% |
4,653
-1,058
| -19% | -$92.1K |
|
1988
Lakeland Financial Corp
LKFN
$1.56B
| $409K | ﹤0.01% |
8,356
-6,409
| -43% | -$298K |
|
1989
iShares Russell 1000 Value ETF
IWD
$81.8B
| $407K | ﹤0.01% |
+2,984
| New | +$393K |
|
1990
Opko Health
OPK
$996M
| $407K | ﹤0.01% |
276,979
-21,209
| -7% | -$35.5K |
|
1991
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.2B
| $406K | ﹤0.01% |
11,632
-3,910
| -25% | -$131K |
|
1992
Ingersoll Rand
IR
$33B
| $403K | ﹤0.01% |
10,979
-791
| -7% | -$26K |
|
1993
Origin Bancorp
OBK
$1.69B
| $403K | ﹤0.01% |
+10,638
| New | +$373K |
|
1994
OceanFirst Financial
OCFC
$1.71B
| $399K | ﹤0.01% |
15,625
| – | – |
|
|
AL
1995
DELISTED
Air Lease Corp
AL
| $397K | ﹤0.01% |
8,346
+1,913
| +30% | +$85.9K |
|
1996
uniQure
QURE
$2.93B
| $396K | ﹤0.01% |
5,526
-312
| -5% | -$17.1K |
|
1997
FIVE9
FIVN
$2.12B
| $391K | ﹤0.01% |
5,967
-52,435
| -90% | -$3.21M |
|
|
MFA
1998
MFA Financial
MFA
$935M
| $391K | ﹤0.01% |
12,770
+1,948
| +18% | +$59.5K |
|
1999
State Street SPDR S&P International Small Cap ETF
GWX
$862M
| $383K | ﹤0.01% |
12,020
-42
| -0.3% | -$1.3K |
|
2000
RBC Bearings
RBC
$17.8B
| $383K | ﹤0.01% |
2,417
-376
| -13% | -$60.8K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.