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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
iShares MSCI China ETF
MCHI
$6.28B
| $269K | ﹤0.01% |
+4,196
| New | +$251K |
|
2077
FB Financial Corp
FBK
$3B
| $267K | ﹤0.01% |
6,756
+948
| +16% | +$36.3K |
|
|
CLR
2078
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $263K | ﹤0.01% |
7,673
-748
| -9% | -$23.2K |
|
|
AGR
2079
DELISTED
Avangrid, Inc.
AGR
| $260K | ﹤0.01% |
5,074
-93
| -2% | -$4.63K |
|
|
PGRE
2080
DELISTED
Paramount Group
PGRE
| $259K | ﹤0.01% |
18,630
-117
| -0.6% | -$1.57K |
|
2081
Nicolet Bankshares
NIC
$3.57B
| $258K | ﹤0.01% |
+3,490
| New | +$246K |
|
2082
CarGurus
CARG
$3.25B
| $257K | ﹤0.01% |
7,292
-5,229
| -42% | -$185K |
|
|
ESGR
2083
DELISTED
Enstar Group
ESGR
| $256K | ﹤0.01% |
1,238
+116
| +10% | +$23.2K |
|
2084
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $256K | ﹤0.01% |
5,036
-177
| -3% | -$9.02K |
|
|
SGMO
2085
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $256K | ﹤0.01% |
30,595
-1,056
| -3% | -$9.71K |
|
|
EVBG
2086
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $255K | ﹤0.01% |
3,264
-2,565
| -44% | -$198K |
|
2087
Simulations Plus
SLP
$370M
| $251K | ﹤0.01% |
+8,623
| New | +$292K |
|
|
SAVE
2088
DELISTED
Spirit Airlines, Inc.
SAVE
| $251K | ﹤0.01% |
6,229
-1,128
| -15% | -$42.9K |
|
2089
National Vision
EYE
$1.79B
| $249K | ﹤0.01% |
7,671
-1,270
| -14% | -$34.9K |
|
2090
TriNet
TNET
$3.29B
| $247K | ﹤0.01% |
4,372
-3,481
| -44% | -$194K |
|
2091
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $246K | ﹤0.01% |
6,652
-1,516
| -19% | -$50.6K |
|
|
BSTC
2092
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $244K | ﹤0.01% |
+4,291
| New | +$227K |
|
|
UNVR
2093
DELISTED
Univar Solutions Inc.
UNVR
| $243K | ﹤0.01% |
+10,044
| New | +$227K |
|
|
PDM
2094
Piedmont Realty Trust
PDM
$1.25B
| $242K | ﹤0.01% |
10,866
-2,776
| -20% | -$59.8K |
|
2095
Box
BOX
$4.31B
| $240K | ﹤0.01% |
14,291
-2,314
| -14% | -$38.8K |
|
2096
Ares Management
ARES
$28B
| $239K | ﹤0.01% |
6,698
-748
| -10% | -$23.2K |
|
|
ATSG
2097
DELISTED
Air Transport Services Group
ATSG
| $238K | ﹤0.01% |
+10,138
| New | +$227K |
|
2098
CRA International
CRAI
$1.19B
| $237K | ﹤0.01% |
+4,359
| New | +$212K |
|
|
ESPR
2099
DELISTED
Esperion Therapeutics
ESPR
| $236K | ﹤0.01% |
+3,966
| New | +$178K |
|
2100
HubSpot
HUBS
$11.9B
| $236K | ﹤0.01% |
1,489
-2,728
| -65% | -$418K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.