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 |
ANSS
Ansys
ANSS
|
+$188M |
| 2 |
Hyatt Hotels
H
|
+$164M |
| 3 |
Prologis
PLD
|
+$156M |
| 4 |
PayPal
PYPL
|
+$145M |
| 5 |
RP
RealPage, Inc.
RP
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$358M |
| 2 |
Moody's
MCO
|
+$318M |
| 3 |
Dentsply Sirona
XRAY
|
+$235M |
| 4 |
Ross Stores
ROST
|
+$233M |
| 5 |
S&P Global
SPGI
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.51% |
| 2 | Technology | 14.45% |
| 3 | Real Estate | 14.24% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Industrials | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
OneMain Financial
OMF
$7.32B
| $378K | ﹤0.01% |
11,258
-1,263
| -10% | -$44.2K |
|
2027
Pricesmart
PSMT
$5.94B
| $378K | ﹤0.01% |
4,668
+2,162
| +86% | +$181K |
|
2028
iShares Core US Aggregate Bond ETF
AGG
$138B
| $374K | ﹤0.01% |
+3,546
| New | +$376K |
|
|
SC
2029
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $374K | ﹤0.01% |
18,654
-2,060
| -10% | -$42.3K |
|
|
NGHC
2030
DELISTED
National General Holdings Corp
NGHC
| $372K | ﹤0.01% |
13,863
+1,246
| +10% | +$33.8K |
|
2031
Wayfair
W
$11.9B
| $371K | ﹤0.01% |
+2,510
| New | +$319K |
|
2032
Morningstar
MORN
$7.34B
| $368K | ﹤0.01% |
2,921
-23
| -0.8% | -$3.1K |
|
2033
Mercado Libre
MELI
$95.6B
| $367K | ﹤0.01% |
1,079
-5
| -0.5% | -$1.69K |
|
|
LGF.B
2034
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $367K | ﹤0.01% |
15,760
-1,866
| -11% | -$41.9K |
|
|
TRCO
2035
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $367K | ﹤0.01% |
9,558
-897
| -9% | -$32.3K |
|
|
USG
2036
DELISTED
Usg
USG
| $366K | ﹤0.01% |
8,461
-948
| -10% | -$40.9K |
|
|
MIC
2037
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $365K | ﹤0.01% |
+7,905
| New | +$361K |
|
2038
Twilio
TWLO
$29B
| $363K | ﹤0.01% |
4,204
-8,184
| -66% | -$598K |
|
|
XHR
2039
Xenia Hotels & Resorts
XHR
$1.85B
| $360K | ﹤0.01% |
15,196
-1,415
| -9% | -$34.2K |
|
|
NUAN
2040
DELISTED
Nuance Communications, Inc.
NUAN
| $356K | ﹤0.01% |
23,731
-2,727
| -10% | -$37.8K |
|
2041
Okta
OKTA
$24.4B
| $353K | ﹤0.01% |
5,023
-8,883
| -64% | -$529K |
|
|
PENG
2042
Penguin Solutions Inc
PENG
$2.64B
| $351K | ﹤0.01% |
24,460
+354
| +1% | +$5.52K |
|
|
ALDR
2043
DELISTED
Alder Biopharmaceuticals
ALDR
| $348K | ﹤0.01% |
+20,904
| New | +$378K |
|
|
CBAY
2044
DELISTED
Cymabay Therapeutics
CBAY
| $347K | ﹤0.01% |
31,276
+573
| +2% | +$7.12K |
|
2045
Logitech
LOGI
$14.6B
| $344K | ﹤0.01% |
7,685
-7
| -0.1% | -$325 |
|
2046
Abeona Therapeutics
ABEO
$369M
| $342K | ﹤0.01% |
1,068
+20
| +2% | +$7.09K |
|
2047
CytomX Therapeutics
CTMX
$714M
| $342K | ﹤0.01% |
18,480
+470
| +3% | +$10.7K |
|
|
MFA
2048
MFA Financial
MFA
$935M
| $342K | ﹤0.01% |
11,624
-738
| -6% | -$22.8K |
|
2049
PennyMac Financial
PFSI
$3.94B
| $340K | ﹤0.01% |
16,268
+237
| +1% | +$4.91K |
|
|
DATA
2050
DELISTED
Tableau Software, Inc.
DATA
| $339K | ﹤0.01% |
+3,037
| New | +$328K |
|
Similar funds
Principal Financial Group's Q3 2018 Portfolio in Review
As of Q3 2018, Principal Financial Group held 2,364 positions worth $113B, up 4.3% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2018 filing shows 94 new, 1,514 increased, 663 reduced and 76 closed positions. Its largest new stake was Shopify: 3,933,080 shares worth $64.7M. The largest sale was Sherwin-Williams, an estimated $358M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Real Estate.
- Principal Financial Group's largest Q3 2018 buy was Shopify: 3,933,080 shares worth $64.7M.
- Principal Financial Group added most to Ansys in Q3 2018, an estimated $188M increase.
- Principal Financial Group's biggest Q3 2018 reduction was Sherwin-Williams, cutting an estimated $358M.
- Principal Financial Group fully exited DCT Industrial Trust Inc. in Q3 2018, selling an estimated $155M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2018.
- Principal Financial Group opened 94 new positions and closed 76 in Q3 2018.
- Principal Financial Group's portfolio value rose 4.3% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2018, filed 14 Nov 2018.