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
| 1 |
Ventas
VTR
|
$199M |
| 2 |
Starbucks
SBUX
|
$140M |
| 3 |
Netflix
NFLX
|
$138M |
| 4 |
Tyler Technologies
TYL
|
$137M |
| 5 |
Aon
AON
|
$136M |
Top Sells
| 1 |
Berkshire Hathaway Class B
BRK.B
|
$434M |
| 2 |
Apple
AAPL
|
$309M |
| 3 |
Healthpeak Properties
DOC
|
$162M |
| 4 |
NXP Semiconductors
NXPI
|
$138M |
| 5 |
Equinix
EQIX
|
$127M |
Sector Composition
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.36% |
| 4 | Consumer Discretionary | 11.77% |
| 5 | Healthcare | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2001
iShares MSCI EAFE Growth ETF
EFG
$13.2B
| $554K | ﹤0.01% |
6,159
+206
| +3% | +$18.5K |
|
2002
Pacific Biosciences
PACB
$381M
| $552K | ﹤0.01% |
55,940
+152
| +0.3% | +$1.5K |
|
2003
Ubiquiti
UI
$34.9B
| $551K | ﹤0.01% |
3,304
-2,323
| -41% | -$387K |
|
|
MNK
2004
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $551K | ﹤0.01% |
566,001
+257,535
| +83% | +$251K |
|
2005
Erie Indemnity
ERIE
$17.5B
| $549K | ﹤0.01% |
2,609
-426
| -14% | -$89.6K |
|
|
EVBG
2006
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $546K | ﹤0.01% |
4,344
-756
| -15% | -$95K |
|
2007
Novanta
NOVT
$4.18B
| $545K | ﹤0.01% |
5,169
-482
| -9% | -$50.8K |
|
2008
Varonis Systems
VRNS
$6.28B
| $543K | ﹤0.01% |
14,124
-1,317
| -9% | -$50.6K |
|
2009
Kura Oncology
KURA
$713M
| $542K | ﹤0.01% |
+17,708
| New | +$542K |
|
2010
National Healthcare
NHC
$1.78B
| $536K | ﹤0.01% |
8,602
+4,047
| +89% | +$252K |
|
|
KNL
2011
DELISTED
Knoll, Inc.
KNL
| $533K | ﹤0.01% |
44,221
+20,874
| +89% | +$252K |
|
|
HTO
2012
H2O America Common Stock
HTO
$1.78B
| $530K | ﹤0.01% |
8,713
-4,254
| -33% | -$259K |
|
2013
Vanguard Total Stock Market ETF
VTI
$528B
| $530K | ﹤0.01% |
3,115
+192
| +7% | +$32.7K |
|
|
SAIL
2014
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $526K | ﹤0.01% |
13,286
-1,254
| -9% | -$49.6K |
|
2015
Rigel Pharmaceuticals
RIGL
$742M
| $524K | ﹤0.01% |
21,829
+7,097
| +48% | +$170K |
|
2016
Diamond Hill
DHIL
$388M
| $523K | ﹤0.01% |
4,137
+1,917
| +86% | +$242K |
|
|
VER
2017
DELISTED
VEREIT, Inc.
VER
| $518K | ﹤0.01% |
15,925
-2,072
| -12% | -$67.4K |
|
2018
Progyny
PGNY
$1.94B
| $516K | ﹤0.01% |
17,531
-846
| -5% | -$24.9K |
|
2019
Inovio Pharmaceuticals
INO
$148M
| $515K | ﹤0.01% |
3,706
-92
| -2% | -$12.8K |
|
2020
Enterprise Financial Services Corp
EFSC
$2.24B
| $512K | ﹤0.01% |
18,766
+8,856
| +89% | +$242K |
|
2021
Agios Pharmaceuticals
AGIO
$2.09B
| $509K | ﹤0.01% |
14,535
-5,785
| -28% | -$203K |
|
2022
Bandwidth Inc
BAND
$473M
| $506K | ﹤0.01% |
2,898
-269
| -8% | -$47K |
|
2023
Ferrari
RACE
$87.1B
| $506K | ﹤0.01% |
2,750
-100
| -4% | -$18.4K |
|
2024
Nutanix
NTNX
$18.7B
| $505K | ﹤0.01% |
22,776
-3,739
| -14% | -$82.9K |
|
2025
Ares Management
ARES
$38.9B
| $503K | ﹤0.01% |
12,433
-2,159
| -15% | -$87.3K |
|