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 | |
|---|---|---|---|---|---|---|
|
PDM
2051
Piedmont Realty Trust
PDM
$1.25B
| $338K | ﹤0.01% |
17,847
-1,655
| -8% | -$32.6K |
|
|
PGRE
2052
DELISTED
Paramount Group
PGRE
| $338K | ﹤0.01% |
22,432
-1,753
| -7% | -$27.2K |
|
|
VBTX
2053
DELISTED
Veritex Holdings
VBTX
| $336K | ﹤0.01% |
11,900
+171
| +1% | +$5.25K |
|
|
MITT
2054
TPG Mortgage Investment Trust
MITT
$225M
| $334K | ﹤0.01% |
6,117
+88
| +1% | +$5K |
|
2055
Constellium
CSTM
$3.87B
| $329K | ﹤0.01% |
26,623
-55
| -0.2% | -$643 |
|
2056
Iovance Biotherapeutics
IOVA
$2.09B
| $329K | ﹤0.01% |
29,234
+4,108
| +16% | +$58.3K |
|
|
BECN
2057
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $325K | ﹤0.01% |
8,989
+1,446
| +19% | +$57.3K |
|
|
KNL
2058
DELISTED
Knoll, Inc.
KNL
| $325K | ﹤0.01% |
13,852
+2,214
| +19% | +$50.1K |
|
2059
Cerus
CERS
$579M
| $324K | ﹤0.01% |
44,958
+6,253
| +16% | +$45.4K |
|
|
WCC
2060
WESCO International
WCC
$16.7B
| $324K | ﹤0.01% |
5,267
-594
| -10% | -$35.6K |
|
2061
Q2 Holdings
QTWO
$3.68B
| $323K | ﹤0.01% |
5,333
+1,182
| +28% | +$73K |
|
2062
Assembly Biosciences
ASMB
$516M
| $316K | ﹤0.01% |
708
+15
| +2% | +$7.03K |
|
|
HEES
2063
DELISTED
H&E Equipment Services
HEES
| $316K | ﹤0.01% |
+8,357
| New | +$303K |
|
|
CARO
2064
DELISTED
Carolina Financial Corp.
CARO
| $316K | ﹤0.01% |
8,386
+120
| +1% | +$4.97K |
|
|
ZNGA
2065
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $313K | ﹤0.01% |
78,024
-3,914
| -5% | -$15.8K |
|
|
JOYY
2066
JOYY Inc
JOYY
$3.68B
| $309K | ﹤0.01% |
4,121
-213,075
| -98% | -$17.9M |
|
|
RPAI
2067
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $309K | ﹤0.01% |
25,336
-1,256
| -5% | -$15.8K |
|
|
CORR
2068
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $307K | ﹤0.01% |
8,168
+117
| +1% | +$4.44K |
|
|
VGR
2069
DELISTED
Vector Group Ltd.
VGR
| $305K | ﹤0.01% |
32,732
+3,830
| +13% | +$41.7K |
|
|
SAVE
2070
DELISTED
Spirit Airlines, Inc.
SAVE
| $302K | ﹤0.01% |
6,420
-618
| -9% | -$27.3K |
|
|
MRC
2071
DELISTED
MRC Global
MRC
| $300K | ﹤0.01% |
15,960
-168
| -1% | -$3.46K |
|
2072
Middleby
MIDD
$6.03B
| $298K | ﹤0.01% |
+2,300
| New | +$262K |
|
2073
Outfront Media
OUT
$5.62B
| $297K | ﹤0.01% |
15,126
-2,409
| -14% | -$47.9K |
|
|
CXP
2074
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $295K | ﹤0.01% |
12,490
-1,232
| -9% | -$28.7K |
|
|
KLXI
2075
DELISTED
KLX Inc.
KLXI
| $295K | ﹤0.01% |
4,697
-288,953
| -98% | -$17.8M |
|
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.