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 |
Martin Marietta Materials
MLM
|
+$379M |
| 2 |
Apple
AAPL
|
+$367M |
| 3 |
Hilton Worldwide
HLT
|
+$330M |
| 4 |
Veeva Systems
VEEV
|
+$266M |
| 5 |
Waste Connections
WCN
|
+$260M |
Top Sells
| 1 |
American Tower
AMT
|
+$612M |
| 2 |
Agilent Technologies
A
|
+$279M |
| 3 |
Aon
AON
|
+$220M |
| 4 |
Progressive
PGR
|
+$199M |
| 5 |
VeriSign
VRSN
|
+$193M |
Sector Composition
| 1 | Technology | 19.83% |
| 2 | Financials | 15.97% |
| 3 | Real Estate | 13.93% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Industrials | 10.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2001
SiriusXM
SIRI
$8.17B
| $374K | ﹤0.01% |
15,814
+10,933
| +224% | +$259K |
|
2002
Workiva
WK
$4.32B
| $371K | ﹤0.01% |
4,691
-2,132
| -31% | -$169K |
|
2003
Grindr
GRND
$3B
| $365K | ﹤0.01% |
+30,578
| New | +$365K |
|
2004
Sapiens International
SPNS
$2.4B
| $364K | ﹤0.01% |
9,767
-9,625
| -50% | -$359K |
|
2005
Futu Holdings
FUTU
$26.2B
| $362K | ﹤0.01% |
3,788
-66
| -2% | -$6.31K |
|
2006
Semler Scientific
SMLR
$416M
| $361K | ﹤0.01% |
+15,343
| New | +$361K |
|
2007
Rithm Capital
RITM
$6.64B
| $350K | ﹤0.01% |
30,878
-5,037
| -14% | -$57.2K |
|
2008
TPG
TPG
$8.7B
| $349K | ﹤0.01% |
6,068
-418
| -6% | -$24.1K |
|
2009
Madrigal Pharmaceuticals
MDGL
$10B
| $345K | ﹤0.01% |
1,626
-1,430
| -47% | -$303K |
|
2010
Wayfair
W
$11.2B
| $344K | ﹤0.01% |
6,122
-743
| -11% | -$41.7K |
|
2011
PubMatic
PUBM
$389M
| $341K | ﹤0.01% |
22,944
-7,292
| -24% | -$108K |
|
2012
Arcellx
ACLX
$4B
| $336K | ﹤0.01% |
4,018
-33,334
| -89% | -$2.78M |
|
2013
Safe Bulkers
SB
$462M
| $334K | ﹤0.01% |
64,453
-292
| -0.5% | -$1.51K |
|
2014
ZipRecruiter
ZIP
$410M
| $329K | ﹤0.01% |
34,671
-12,389
| -26% | -$118K |
|
2015
Harrow
HROW
$1.45B
| $329K | ﹤0.01% |
+7,320
| New | +$329K |
|
2016
Nuvalent
NUVL
$5.68B
| $329K | ﹤0.01% |
3,213
-3,111
| -49% | -$318K |
|
2017
MiMedx Group
MDXG
$1.05B
| $328K | ﹤0.01% |
55,495
+3,292
| +6% | +$19.5K |
|
2018
Howard Hughes
HHH
$4.64B
| $321K | ﹤0.01% |
4,149
-1,185,828
| -100% | -$91.8M |
|
2019
Rocket Lab Corporation Common Stock
RKLB
$22.7B
| $315K | ﹤0.01% |
32,341
-14,661
| -31% | -$143K |
|
|
BELFB
2020
Bel Fuse Class B
BELFB
$1.81B
| $312K | ﹤0.01% |
3,973
-4,658
| -54% | -$366K |
|
2021
OneSpan
OSPN
$589M
| $312K | ﹤0.01% |
+18,708
| New | +$312K |
|
2022
Innodata
INOD
$1.71B
| $311K | ﹤0.01% |
+18,558
| New | +$311K |
|
2023
Daily Journal
DJCO
$675M
| $309K | ﹤0.01% |
+630
| New | +$309K |
|
2024
Willdan Group
WLDN
$1.39B
| $308K | ﹤0.01% |
+7,530
| New | +$308K |
|
2025
SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$2.72B
| $307K | ﹤0.01% |
11,672
| – | – |
|