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 |
Tesla
TSLA
|
+$518M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$315M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
+$300M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$204M |
| 5 |
American Tower
AMT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$289M |
| 2 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$266M |
| 3 |
Ventas
VTR
|
+$222M |
| 4 |
AIV
Aimco
AIV
|
+$221M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$152M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Financials | 15.13% |
| 3 | Real Estate | 14.76% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Erie Indemnity
ERIE
$12.9B
| $591K | ﹤0.01% |
2,406
-203
| -8% | -$47.4K |
|
2077
The RMR Group
RMR
$323M
| $589K | ﹤0.01% |
15,242
-9,174
| -38% | -$302K |
|
2078
TriCo Bancshares
TCBK
$1.85B
| $587K | ﹤0.01% |
16,636
+759
| +5% | +$24K |
|
|
ECOM
2079
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $580K | ﹤0.01% |
+36,298
| New | +$572K |
|
|
ORBC
2080
DELISTED
ORBCOMM, Inc.
ORBC
| $580K | ﹤0.01% |
78,110
-1,918
| -2% | -$10.4K |
|
2081
Lexicon Pharmaceuticals
LXRX
$1.08B
| $577K | ﹤0.01% |
168,636
+37,201
| +28% | +$71K |
|
2082
BWX Technologies
BWXT
$15.6B
| $576K | ﹤0.01% |
9,558
-685
| -7% | -$39.5K |
|
2083
Ares Management
ARES
$31.4B
| $564K | ﹤0.01% |
11,982
-451
| -4% | -$20.4K |
|
2084
Magnite
MGNI
$2.92B
| $564K | ﹤0.01% |
18,369
+5,944
| +48% | +$90K |
|
|
PFC
2085
DELISTED
Premier Financial Corp. Common Stock
PFC
| $562K | ﹤0.01% |
24,415
-5,927
| -20% | -$120K |
|
2086
BioCryst Pharmaceuticals
BCRX
$2.28B
| $557K | ﹤0.01% |
74,780
+19,816
| +36% | +$102K |
|
|
RNAM
2087
DELISTED
Avidity Biosciences
RNAM
| $556K | ﹤0.01% |
+21,768
| New | +$635K |
|
2088
ADT
ADT
$5.59B
| $555K | ﹤0.01% |
70,737
-11,680
| -14% | -$91.7K |
|
2089
Invesco Water Resources ETF
PHO
$2.08B
| $553K | ﹤0.01% |
11,912
+400
| +3% | +$17.5K |
|
2090
NovaGold Resources
NG
$3B
| $552K | ﹤0.01% |
57,099
+22,451
| +65% | +$237K |
|
2091
Gaming and Leisure Properties
GLPI
$12.4B
| $550K | ﹤0.01% |
12,964
-2,306
| -15% | -$93.1K |
|
2092
Barrett Business Services
BBSI
$993M
| $547K | ﹤0.01% |
32,052
+6,464
| +25% | +$105K |
|
2093
Traws Pharma
TRAW
$8.32M
| $541K | ﹤0.01% |
+3,100
| New | +$360K |
|
|
EIGI
2094
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $540K | ﹤0.01% |
57,177
-42,736
| -43% | -$353K |
|
2095
Amplify Cybersecurity ETF
HACK
$2.9B
| $535K | ﹤0.01% |
9,289
+160
| +2% | +$8.08K |
|
2096
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $535K | ﹤0.01% |
9,702
+2,118
| +28% | +$116K |
|
2097
Rhythm Pharmaceuticals
RYTM
$7.49B
| $529K | ﹤0.01% |
+17,802
| New | +$452K |
|
2098
Cerus
CERS
$453M
| $526K | ﹤0.01% |
75,891
+18,701
| +33% | +$123K |
|
|
P
2099
Everpure Inc
P
$28.6B
| $525K | ﹤0.01% |
23,204
-1,928
| -8% | -$36.9K |
|
2100
iShares Select U.S. REIT ETF
ICF
$2.09B
| $523K | ﹤0.01% |
+9,699
| New | +$513K |
|
Similar funds
Principal Financial Group's Q4 2020 Portfolio in Review
As of Q4 2020, Principal Financial Group held 2,508 positions worth $135B, up 14% from $119B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q4 2020 filing shows 187 new, 810 increased, 1,403 reduced and 94 closed positions. Its largest new stake was Apartment Income REIT Corp.: 7,814,575 shares worth $300M. The largest sale was Walt Disney, an estimated $289M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2020 buy was Apartment Income REIT Corp.: 7,814,575 shares worth $300M.
- Principal Financial Group added most to Tesla in Q4 2020, an estimated $518M increase.
- Principal Financial Group's biggest Q4 2020 reduction was Walt Disney, cutting an estimated $289M.
- Principal Financial Group fully exited GCI Liberty, Inc. Class A Common Stock (DE) in Q4 2020, selling an estimated $266M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q4 2020.
- Principal Financial Group opened 187 new positions and closed 94 in Q4 2020.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q4 2020, filed 8 Feb 2021.