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 | |
|---|---|---|---|---|---|---|
2076
Universal Display
OLED
$3.76B
| $293K | ﹤0.01% |
2,488
+101
| +4% | +$11.1K |
|
|
TEN
2077
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $293K | ﹤0.01% |
6,961
+1,297
| +23% | +$56.9K |
|
2078
Surgery Partners
SGRY
$2.08B
| $291K | ﹤0.01% |
17,653
+391
| +2% | +$6.24K |
|
|
ARGO
2079
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $291K | ﹤0.01% |
4,613
-451
| -9% | -$27.8K |
|
2080
Otter Tail
OTTR
$3.75B
| $290K | ﹤0.01% |
6,064
-706
| -10% | -$34.1K |
|
2081
Ecovyst
ECVT
$1.32B
| $283K | ﹤0.01% |
16,205
+234
| +1% | +$4.15K |
|
2082
Rush Enterprises Class A
RUSHA
$6.21B
| $283K | ﹤0.01% |
16,198
+2,149
| +15% | +$41K |
|
|
VWTR
2083
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $283K | ﹤0.01% |
22,566
+458
| +2% | +$5.64K |
|
2084
Amneal Pharmaceuticals
AMRX
$5.91B
| $281K | ﹤0.01% |
+12,642
| New | +$266K |
|
2085
Towne Bank
TOWN
$3.49B
| $280K | ﹤0.01% |
9,062
-752
| -8% | -$24.3K |
|
2086
SouthState Bank Corp
SSB
$10.2B
| $279K | ﹤0.01% |
3,403
-343
| -9% | -$29K |
|
2087
Yext
YEXT
$552M
| $279K | ﹤0.01% |
11,755
-649
| -5% | -$14.8K |
|
|
CVA
2088
DELISTED
Covanta Holding Corporation
CVA
| $278K | ﹤0.01% |
17,096
+3,765
| +28% | +$64.5K |
|
|
ORIG
2089
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $277K | ﹤0.01% |
+8,002
| New | +$231K |
|
2090
The RMR Group
RMR
$333M
| $276K | ﹤0.01% |
2,971
+42
| +1% | +$3.69K |
|
2091
Tandem Diabetes Care
TNDM
$1.3B
| $276K | ﹤0.01% |
+6,450
| New | +$225K |
|
2092
Upland Software
UPLD
$13.6M
| $276K | ﹤0.01% |
854
+12
| +1% | +$4.15K |
|
|
DOOR
2093
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $276K | ﹤0.01% |
4,311
+1,218
| +39% | +$83.1K |
|
|
GCP
2094
DELISTED
GCP Applied Technologies Inc.
GCP
| $276K | ﹤0.01% |
10,409
+3,448
| +50% | +$93.2K |
|
2095
Center Bancorp
CNOB
$1.66B
| $275K | ﹤0.01% |
11,579
+165
| +1% | +$4.1K |
|
2096
Primoris Services
PRIM
$4.65B
| $275K | ﹤0.01% |
11,093
+1,816
| +20% | +$47.6K |
|
|
FFWM
2097
DELISTED
First Foundation Inc
FFWM
| $272K | ﹤0.01% |
17,390
+249
| +1% | +$4.2K |
|
2098
Empire State Realty Trust
ESRT
$862M
| $271K | ﹤0.01% |
16,299
-83
| -0.5% | -$1.42K |
|
2099
Vericel Corp
VCEL
$2.43B
| $271K | ﹤0.01% |
19,122
+375
| +2% | +$4.4K |
|
2100
First Hawaiian
FHB
$3.4B
| $268K | ﹤0.01% |
9,877
+1,802
| +22% | +$51.6K |
|
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.