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 |
O'Reilly Automotive
ORLY
|
+$160M |
| 2 |
DuPont de Nemours
DD
|
+$128M |
| 3 |
Healthpeak Properties
DOC
|
+$106M |
| 4 |
Gartner
IT
|
+$94.5M |
| 5 |
Air Products & Chemicals
APD
|
+$91.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$240M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$165M |
| 3 |
JPMorgan Chase
JPM
|
+$114M |
| 4 |
Welltower
WELL
|
+$110M |
| 5 |
Willis Towers Watson
WTW
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Real Estate | 14.57% |
| 3 | Technology | 11.95% |
| 4 | Consumer Discretionary | 10.63% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GTT
2001
DELISTED
GTT Communications, Inc.
GTT
| $337K | ﹤0.01% |
10,637
| – | – |
|
|
FOLD
2002
DELISTED
Amicus Therapeutics
FOLD
| $336K | ﹤0.01% |
22,270
-3,999
| -15% | -$52.9K |
|
2003
iShares Select U.S. REIT ETF
ICF
$2.12B
| $336K | ﹤0.01% |
+6,686
| New | +$339K |
|
2004
Pilgrim's Pride
PPC
$6.94B
| $336K | ﹤0.01% |
11,811
-535
| -4% | -$14.1K |
|
2005
HubSpot
HUBS
$11.4B
| $334K | ﹤0.01% |
3,969
-3,145
| -44% | -$225K |
|
|
SAGE
2006
DELISTED
Sage Therapeutics
SAGE
| $334K | ﹤0.01% |
5,363
-963
| -15% | -$75.6K |
|
|
ZEN
2007
DELISTED
ZENDESK INC
ZEN
| $334K | ﹤0.01% |
11,464
-2,058
| -15% | -$57.8K |
|
|
MTOR
2008
DELISTED
MERITOR, Inc.
MTOR
| $333K | ﹤0.01% |
12,821
-2,751
| -18% | -$54.6K |
|
|
SNC
2009
DELISTED
State National Companies, Inc.
SNC
| $333K | ﹤0.01% |
15,857
| – | – |
|
|
PINC
2010
DELISTED
Premier
PINC
| $329K | ﹤0.01% |
10,089
-1,574
| -13% | -$53.4K |
|
2011
Ryman Hospitality Properties
RHP
$8.52B
| $326K | ﹤0.01% |
5,217
-3,595
| -41% | -$220K |
|
2012
Invesco Mortgage Capital
IVR
$762M
| $323K | ﹤0.01% |
1,885
+486
| +35% | +$81.9K |
|
|
DHIL
2013
DELISTED
Diamond Hill
DHIL
| $316K | ﹤0.01% |
1,488
| – | – |
|
2014
RELX
RELX
$62.3B
| $313K | ﹤0.01% |
14,000
+2,000
| +17% | +$43.9K |
|
|
VTLE
2015
DELISTED
Vital Energy
VTLE
| $309K | ﹤0.01% |
1,196
-385
| -24% | -$93.3K |
|
2016
Renasant Corp
RNST
$4B
| $308K | ﹤0.01% |
7,179
+1,805
| +34% | +$74.3K |
|
2017
RPC Inc
RES
$1.21B
| $307K | ﹤0.01% |
12,369
-3,988
| -24% | -$82.9K |
|
2018
RingCentral
RNG
$4.5B
| $307K | ﹤0.01% |
7,363
-5,901
| -44% | -$226K |
|
|
IMPV
2019
DELISTED
Imperva, Inc.
IMPV
| $307K | ﹤0.01% |
7,067
+2,409
| +52% | +$110K |
|
2020
Heritage Financial
HFWA
$1.22B
| $304K | ﹤0.01% |
10,322
| – | – |
|
2021
Hexcel
HXL
$8.28B
| $304K | ﹤0.01% |
5,303
-12,108
| -70% | -$652K |
|
2022
Rush Enterprises Class A
RUSHA
$5.98B
| $300K | ﹤0.01% |
14,567
-3,368
| -19% | -$60.5K |
|
|
NEWR
2023
DELISTED
New Relic, Inc.
NEWR
| $299K | ﹤0.01% |
+6,003
| New | +$283K |
|
2024
Shenandoah Telecom
SHEN
$637M
| $296K | ﹤0.01% |
+7,952
| New | +$270K |
|
|
SAVE
2025
DELISTED
Spirit Airlines, Inc.
SAVE
| $295K | ﹤0.01% |
8,816
-1,690
| -16% | -$67.6K |
|
Similar funds
Principal Financial Group's Q3 2017 Portfolio in Review
As of Q3 2017, Principal Financial Group held 2,305 positions worth $103B, up 3.3% from $99.8B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Principal Financial Group's Q3 2017 filing shows 56 new, 739 increased, 1,351 reduced and 102 closed positions. Its largest new stake was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M. The largest sale was AutoZone, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q3 2017 buy was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M.
- Principal Financial Group added most to O'Reilly Automotive in Q3 2017, an estimated $160M increase.
- Principal Financial Group's biggest Q3 2017 reduction was AutoZone, cutting an estimated $240M.
- Principal Financial Group fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $165M.
- Principal Financial Group's ten largest holdings make up 9.5% of its $103B portfolio in Q3 2017.
- Principal Financial Group opened 56 new positions and closed 102 in Q3 2017.
- Principal Financial Group's portfolio value rose 3.3% quarter-over-quarter to $103B.
Based on Principal Financial Group's 13F filing for Q3 2017, filed 2 Nov 2017.