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 |
Hilton Worldwide
HLT
|
+$332M |
| 2 |
FRC
First Republic Bank
FRC
|
+$239M |
| 3 |
Mettler-Toledo International
MTD
|
+$207M |
| 4 |
Baidu
BIDU
|
+$196M |
| 5 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$172M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar Tree
DLTR
|
+$346M |
| 2 |
Aon
AON
|
+$335M |
| 3 |
Intuit
INTU
|
+$262M |
| 4 |
Fidelity National Information Services
FIS
|
+$198M |
| 5 |
Loews
L
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.93% |
| 2 | Real Estate | 15.1% |
| 3 | Technology | 13.32% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LGF.B
2001
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $414K | ﹤0.01% |
17,626
+6,839
| +63% | +$159K |
|
2002
CytomX Therapeutics
CTMX
$701M
| $412K | ﹤0.01% |
+18,010
| New | +$460K |
|
|
CBAY
2003
DELISTED
Cymabay Therapeutics
CBAY
| $412K | ﹤0.01% |
+30,703
| New | +$384K |
|
|
USG
2004
DELISTED
Usg
USG
| $406K | ﹤0.01% |
9,409
-1,487
| -14% | -$61.7K |
|
2005
Cleveland-Cliffs
CLF
$6.84B
| $405K | ﹤0.01% |
48,042
+3,377
| +8% | +$26.9K |
|
|
XHR
2006
Xenia Hotels & Resorts
XHR
$2.01B
| $405K | ﹤0.01% |
16,611
-429
| -3% | -$9.78K |
|
2007
Pegasystems
PEGA
$4.85B
| $404K | ﹤0.01% |
14,734
+7,062
| +92% | +$216K |
|
2008
Equity Bancshares
EQBK
$1.05B
| $403K | ﹤0.01% |
9,716
+2,575
| +36% | +$104K |
|
2009
GSK
GSK
$108B
| $403K | ﹤0.01% |
8,000
-3,166
| -28% | -$159K |
|
|
ELLI
2010
DELISTED
Ellie Mae Inc
ELLI
| $402K | ﹤0.01% |
3,874
+329
| +9% | +$33.4K |
|
2011
National Vision
EYE
$1.75B
| $401K | ﹤0.01% |
+10,965
| New | +$382K |
|
|
TRCO
2012
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $400K | ﹤0.01% |
+10,455
| New | +$396K |
|
2013
First Citizens BancShares
FCNCA
$25B
| $397K | ﹤0.01% |
985
-142
| -13% | -$61.2K |
|
|
SC
2014
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $395K | ﹤0.01% |
20,714
-757
| -4% | -$13.8K |
|
2015
York Water
YORW
$517M
| $391K | ﹤0.01% |
12,285
-2,857
| -19% | -$91.5K |
|
|
PDM
2016
Piedmont Realty Trust
PDM
$1.2B
| $389K | ﹤0.01% |
19,502
-2,360
| -11% | -$43.8K |
|
2017
FB Financial Corp
FBK
$2.98B
| $388K | ﹤0.01% |
+9,539
| New | +$394K |
|
2018
Precigen
PGEN
$1.97B
| $387K | ﹤0.01% |
27,722
+6,483
| +31% | +$109K |
|
2019
Chesapeake Utilities
CPK
$3.31B
| $384K | ﹤0.01% |
4,802
-113
| -2% | -$8.62K |
|
|
PENG
2020
Penguin Solutions Inc
PENG
$2.47B
| $384K | ﹤0.01% |
+24,106
| New | +$516K |
|
2021
Morningstar
MORN
$7.38B
| $378K | ﹤0.01% |
2,944
-753
| -20% | -$86.1K |
|
|
MFA
2022
MFA Financial
MFA
$935M
| $375K | ﹤0.01% |
12,362
-1,666
| -12% | -$51K |
|
2023
FIVE9
FIVN
$2.08B
| $372K | ﹤0.01% |
+10,765
| New | +$348K |
|
|
PGRE
2024
DELISTED
Paramount Group
PGRE
| $372K | ﹤0.01% |
24,185
-2,966
| -11% | -$43.8K |
|
|
S
2025
DELISTED
Sprint Corporation
S
| $370K | ﹤0.01% |
68,022
+49,079
| +259% | +$265K |
|
Similar funds
Principal Financial Group's Q2 2018 Portfolio in Review
As of Q2 2018, Principal Financial Group held 2,357 positions worth $109B, up 3.9% from $105B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2018 filing shows 151 new, 1,254 increased, 850 reduced and 87 closed positions. Its largest new stake was Evergy: 2,164,041 shares worth $122M. The largest sale was Dollar Tree, an estimated $346M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2018 buy was Evergy: 2,164,041 shares worth $122M.
- Principal Financial Group added most to Hilton Worldwide in Q2 2018, an estimated $332M increase.
- Principal Financial Group's biggest Q2 2018 reduction was Dollar Tree, cutting an estimated $346M.
- Principal Financial Group fully exited Great Plains Energy Incorporated in Q2 2018, selling an estimated $120M.
- Principal Financial Group's ten largest holdings make up 11% of its $109B portfolio in Q2 2018.
- Principal Financial Group opened 151 new positions and closed 87 in Q2 2018.
- Principal Financial Group's portfolio value rose 3.9% quarter-over-quarter to $109B.
Based on Principal Financial Group's 13F filing for Q2 2018, filed 13 Aug 2018.