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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
Brown-Forman Class A
BF.A
$13.4B
| $320K | ﹤0.01% |
6,246
-343
| -5% | -$16.7K |
|
|
ALX
2027
Alexander's
ALX
$1.36B
| $319K | ﹤0.01% |
847
-4
| -0.5% | -$1.4K |
|
2028
Ubiquiti
UI
$32.3B
| $315K | ﹤0.01% |
2,103
-649
| -24% | -$81.9K |
|
2029
RBC Bearings
RBC
$17.8B
| $312K | ﹤0.01% |
2,453
+50
| +2% | +$6.71K |
|
2030
RLJ Lodging Trust
RLJ
$1.87B
| $311K | ﹤0.01% |
17,682
-4,158
| -19% | -$75.8K |
|
|
IMGN
2031
DELISTED
Immunogen Inc
IMGN
| $310K | ﹤0.01% |
114,380
+207
| +0.2% | +$897 |
|
2032
OneMain Financial
OMF
$7.32B
| $308K | ﹤0.01% |
9,690
-365
| -4% | -$11.3K |
|
|
SC
2033
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $305K | ﹤0.01% |
14,438
-992
| -6% | -$19.8K |
|
|
BHVN
2034
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $304K | ﹤0.01% |
5,911
+371
| +7% | +$16K |
|
|
HTBK
2035
DELISTED
Heritage Commerce
HTBK
| $301K | ﹤0.01% |
24,837
-111
| -0.4% | -$1.45K |
|
2036
Morningstar
MORN
$7.24B
| $299K | ﹤0.01% |
2,370
+248
| +12% | +$29.8K |
|
2037
Opko Health
OPK
$996M
| $297K | ﹤0.01% |
113,824
-2,325
| -2% | -$7.04K |
|
2038
Center Bancorp
CNOB
$1.66B
| $294K | ﹤0.01% |
14,943
-67
| -0.4% | -$1.37K |
|
2039
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $292K | ﹤0.01% |
8,143
-121
| -1% | -$4.35K |
|
|
BFYT
2040
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $291K | ﹤0.01% |
10,855
-49
| -0.4% | -$1.74K |
|
|
AL
2041
DELISTED
Air Lease Corp
AL
| $290K | ﹤0.01% |
8,452
+234
| +3% | +$8.44K |
|
2042
BlackLine
BL
$1.8B
| $290K | ﹤0.01% |
+6,263
| New | +$294K |
|
|
ACRE
2043
Ares Commercial Real Estate
ACRE
$239M
| $288K | ﹤0.01% |
18,983
-85
| -0.4% | -$1.24K |
|
|
BPYU
2044
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $287K | ﹤0.01% |
13,986
-698
| -5% | -$13.2K |
|
2045
Malibu Boats
MBUU
$550M
| $285K | ﹤0.01% |
7,210
-32
| -0.4% | -$1.32K |
|
2046
Roku
ROKU
$21.5B
| $285K | ﹤0.01% |
+4,419
| New | +$236K |
|
2047
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.5B
| $285K | ﹤0.01% |
9,434
-9,456
| -50% | -$282K |
|
2048
Novanta
NOVT
$4.95B
| $283K | ﹤0.01% |
3,342
-1,682
| -33% | -$126K |
|
|
TMHC
2049
DELISTED
Taylor Morrison
TMHC
| $283K | ﹤0.01% |
15,934
+1,843
| +13% | +$32.9K |
|
2050
iShares MSCI EAFE Value ETF
EFV
$28.9B
| $282K | ﹤0.01% |
5,775
-417
| -7% | -$20.1K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.