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 | |
|---|---|---|---|---|---|---|
2001
Kadant
KAI
$3.63B
| $340K | ﹤0.01% |
3,599
-1,944
| -35% | -$191K |
|
|
XHR
2002
Xenia Hotels & Resorts
XHR
$1.85B
| $336K | ﹤0.01% |
17,040
-157
| -0.9% | -$3.25K |
|
|
ESPR
2003
DELISTED
Esperion Therapeutics
ESPR
| $334K | ﹤0.01% |
4,618
+449
| +11% | +$33K |
|
2004
Surgery Partners
SGRY
$2.08B
| $334K | ﹤0.01% |
19,468
+1,796
| +10% | +$28K |
|
2005
Empire State Realty Trust
ESRT
$862M
| $333K | ﹤0.01% |
19,862
-409
| -2% | -$7.4K |
|
2006
Omeros
OMER
$863M
| $329K | ﹤0.01% |
29,433
+2,723
| +10% | +$38.2K |
|
2007
Precigen
PGEN
$2.12B
| $326K | ﹤0.01% |
21,239
+1,893
| +10% | +$27.1K |
|
2008
SouthState Bank Corp
SSB
$10.2B
| $326K | ﹤0.01% |
3,816
-391
| -9% | -$34.7K |
|
|
ELLI
2009
DELISTED
Ellie Mae Inc
ELLI
| $326K | ﹤0.01% |
3,545
-484
| -12% | -$44.9K |
|
2010
Mercado Libre
MELI
$95.6B
| $316K | ﹤0.01% |
+887
| New | +$324K |
|
2011
Columbia Sportswear
COLM
$3.21B
| $315K | ﹤0.01% |
4,119
+936
| +29% | +$70.4K |
|
2012
Malibu Boats
MBUU
$550M
| $313K | ﹤0.01% |
9,417
+882
| +10% | +$28.7K |
|
|
FOE
2013
DELISTED
Ferro Corporation
FOE
| $312K | ﹤0.01% |
13,448
-2,248
| -14% | -$52.1K |
|
2014
Cleveland-Cliffs
CLF
$6.64B
| $310K | ﹤0.01% |
44,665
+1,510
| +3% | +$11.3K |
|
2015
Renasant Corp
RNST
$3.96B
| $307K | ﹤0.01% |
7,219
+81
| +1% | +$3.48K |
|
|
DYN
2016
DELISTED
Dynegy, Inc.
DYN
| $307K | ﹤0.01% |
22,701
+11,188
| +97% | +$139K |
|
|
PNK
2017
DELISTED
Pinnacle Entertainment Inc.
PNK
| $306K | ﹤0.01% |
10,164
-20,731
| -67% | -$648K |
|
2018
Gray Television
GTN
$417M
| $305K | ﹤0.01% |
24,005
-10,261
| -30% | -$155K |
|
2019
OneMain Financial
OMF
$7.32B
| $302K | ﹤0.01% |
10,094
-799
| -7% | -$25.4K |
|
|
DATA
2020
DELISTED
Tableau Software, Inc.
DATA
| $301K | ﹤0.01% |
3,730
-42
| -1% | -$3.33K |
|
|
PR
2021
Permian Resources
PR
$17.6B
| $297K | ﹤0.01% |
16,181
-2,339
| -13% | -$45.2K |
|
2022
Axogen
AXGN
$2.22B
| $296K | ﹤0.01% |
8,099
+756
| +10% | +$23.2K |
|
2023
Ingersoll Rand
IR
$33B
| $296K | ﹤0.01% |
9,661
+1,105
| +13% | +$36.8K |
|
2024
Otter Tail
OTTR
$3.75B
| $295K | ﹤0.01% |
6,798
-725
| -10% | -$30.3K |
|
2025
Horizon Bancorp
HBNC
$1.05B
| $294K | ﹤0.01% |
14,693
+1,386
| +10% | +$27K |
|
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.