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 |
CoStar Group
CSGP
|
+$351M |
| 2 |
Digital Realty Trust
DLR
|
+$234M |
| 3 |
American Tower
AMT
|
+$214M |
| 4 |
AvalonBay Communities
AVB
|
+$158M |
| 5 |
COR
Coresite Realty Corporation
COR
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$358M |
| 2 |
Welltower
WELL
|
+$234M |
| 3 |
Wayfair
W
|
+$187M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$173M |
| 5 |
Host Hotels & Resorts
HST
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.28% |
| 2 | Real Estate | 16.9% |
| 3 | Financials | 15.46% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Healthcare | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INOV
2051
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $212K | ﹤0.01% |
12,742
+1,144
| +10% | +$21.7K |
|
|
RARX
2052
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $212K | ﹤0.01% |
4,414
-98
| -2% | -$4.56K |
|
|
DENN
2053
DELISTED
Denny's
DENN
| $209K | ﹤0.01% |
27,262
+113
| +0.4% | +$1.92K |
|
2054
Arvinas
ARVN
$581M
| $207K | ﹤0.01% |
5,135
+213
| +4% | +$9.96K |
|
|
MIC
2055
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $206K | ﹤0.01% |
8,163
+1,706
| +26% | +$65.3K |
|
|
SGMO
2056
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $204K | ﹤0.01% |
31,966
+1,371
| +4% | +$10.2K |
|
2057
ProShares Short S&P500
SH
$898M
| $204K | ﹤0.01% |
+1,842
| New | +$186K |
|
|
BDSI
2058
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $204K | ﹤0.01% |
53,721
+157
| +0.3% | +$771 |
|
2059
MongoDB
MDB
$30.6B
| $203K | ﹤0.01% |
1,486
-41
| -3% | -$6.05K |
|
2060
CarGurus
CARG
$3.34B
| $202K | ﹤0.01% |
10,642
+3,350
| +46% | +$95.9K |
|
2061
Roku
ROKU
$21.9B
| $201K | ﹤0.01% |
2,303
-84
| -4% | -$9.67K |
|
2062
Theravance Biopharma
TBPH
$875M
| $200K | ﹤0.01% |
8,640
+373
| +5% | +$9.34K |
|
2063
AMC Entertainment Holdings
AMC
$2.39B
| $199K | ﹤0.01% |
6,306
+26
| +0.4% | +$1.5K |
|
2064
Cerus
CERS
$441M
| $199K | ﹤0.01% |
42,750
+2,434
| +6% | +$11K |
|
2065
Box
BOX
$4.4B
| $197K | ﹤0.01% |
14,047
-244
| -2% | -$3.63K |
|
|
VISN
2066
Vistance Networks Inc
VISN
$2.82B
| $192K | ﹤0.01% |
21,065
+9,394
| +80% | +$109K |
|
|
DRNA
2067
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $192K | ﹤0.01% |
10,430
+451
| +5% | +$8.77K |
|
2068
Clearway Energy Class C
CWEN
$4.94B
| $191K | ﹤0.01% |
+10,172
| New | +$212K |
|
2069
ING
ING
$101B
| $191K | ﹤0.01% |
37,000
-5,000
| -12% | -$48.2K |
|
|
CIM
2070
Chimera Investment
CIM
$1.06B
| $190K | ﹤0.01% |
6,959
+1,588
| +30% | +$90.2K |
|
|
PE
2071
DELISTED
PARSLEY ENERGY INC
PE
| $188K | ﹤0.01% |
32,870
+2,726
| +9% | +$36.8K |
|
2072
Univest Financial
UVSP
$1.24B
| $187K | ﹤0.01% |
11,453
+47
| +0.4% | +$1.07K |
|
2073
Bally's
BALY
$664M
| $184K | ﹤0.01% |
14,172
+59
| +0.4% | +$1.36K |
|
|
NGHC
2074
DELISTED
National General Holdings Corp
NGHC
| $179K | ﹤0.01% |
10,844
-643,871
| -98% | -$12.9M |
|
|
CHNG
2075
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $176K | ﹤0.01% |
+17,633
| New | +$247K |
|
Similar funds
Principal Financial Group's Q1 2020 Portfolio in Review
As of Q1 2020, Principal Financial Group held 2,294 positions worth $90.3B, down 25% from $120B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Principal Financial Group's Q1 2020 filing shows 64 new, 735 increased, 1,378 reduced and 95 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M. The largest sale was Interxion Holding N.V., an estimated $358M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,099,000 shares worth $136M.
- Principal Financial Group added most to CoStar Group in Q1 2020, an estimated $351M increase.
- Principal Financial Group's biggest Q1 2020 reduction was Welltower, cutting an estimated $234M.
- Principal Financial Group fully exited Interxion Holding N.V. in Q1 2020, selling an estimated $358M.
- Principal Financial Group's ten largest holdings make up 14% of its $90.3B portfolio in Q1 2020.
- Principal Financial Group opened 64 new positions and closed 95 in Q1 2020.
- Principal Financial Group's portfolio value fell 25% quarter-over-quarter to $90.3B.
Based on Principal Financial Group's 13F filing for Q1 2020, filed 12 May 2020.