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 |
iShares MBS ETF
MBB
|
+$249M |
| 2 |
Host Hotels & Resorts
HST
|
+$199M |
| 3 |
Wayfair
W
|
+$197M |
| 4 |
AerCap
AER
|
+$115M |
| 5 |
Fastenal
FAST
|
+$98.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$174M |
| 3 |
Apple
AAPL
|
+$133M |
| 4 |
Scotiabank
BNS
|
+$121M |
| 5 |
Simon Property Group
SPG
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.64% |
| 2 | Financials | 16.14% |
| 3 | Technology | 14.76% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
FB Financial Corp
FBK
$2.98B
| $218K | ﹤0.01% |
+5,808
| New | +$214K |
|
2127
Renasant Corp
RNST
$4.01B
| $216K | ﹤0.01% |
+6,158
| New | +$211K |
|
|
BZUN
2128
Baozun
BZUN
$179M
| $215K | ﹤0.01% |
5,046
-82
| -2% | -$3.9K |
|
2129
National Vision
EYE
$1.76B
| $215K | ﹤0.01% |
8,941
+2,397
| +37% | +$69.8K |
|
|
FLIC
2130
DELISTED
First of Long Island Corp
FLIC
| $215K | ﹤0.01% |
+9,440
| New | +$208K |
|
2131
RLJ Lodging Trust
RLJ
$1.88B
| $215K | ﹤0.01% |
+12,629
| New | +$215K |
|
2132
Sunrun
RUN
$2.26B
| $214K | ﹤0.01% |
12,811
+2,292
| +22% | +$40K |
|
|
ESGR
2133
DELISTED
Enstar Group
ESGR
| $213K | ﹤0.01% |
+1,122
| New | +$201K |
|
|
APLS
2134
DELISTED
Apellis Pharmaceuticals
APLS
| $211K | ﹤0.01% |
8,767
+120
| +1% | +$3.3K |
|
|
PDLI
2135
DELISTED
PDL BioPharma, Inc.
PDLI
| $210K | ﹤0.01% |
97,444
+17,841
| +22% | +$47.7K |
|
2136
Heron Therapeutics
HRTX
$93.4M
| $208K | ﹤0.01% |
+11,243
| New | +$207K |
|
2137
SITE Centers
SITC
$236M
| $206K | ﹤0.01% |
17,495
-583
| -3% | -$6.35K |
|
2138
Funko
FNKO
$346M
| $205K | ﹤0.01% |
9,958
| – | – |
|
2139
Varonis Systems
VRNS
$4.67B
| $204K | ﹤0.01% |
+10,227
| New | +$227K |
|
2140
Towne Bank
TOWN
$3.54B
| $203K | ﹤0.01% |
+7,301
| New | +$198K |
|
|
TCDA
2141
DELISTED
Tricida, Inc. Common Stock
TCDA
| $203K | ﹤0.01% |
6,571
+102
| +2% | +$3.42K |
|
|
VRS
2142
DELISTED
Verso Corporation
VRS
| $203K | ﹤0.01% |
16,358
+1,088
| +7% | +$14.9K |
|
|
AIMT
2143
DELISTED
Aimmune Therapeutics
AIMT
| $201K | ﹤0.01% |
+9,585
| New | +$196K |
|
2144
Ares Management
ARES
$28.1B
| $200K | ﹤0.01% |
+7,446
| New | +$213K |
|
2145
Amneal Pharmaceuticals
AMRX
$6.1B
| $198K | ﹤0.01% |
68,090
+6,209
| +10% | +$21.7K |
|
2146
Kratos Defense & Security Solutions
KTOS
$8.23B
| $194K | ﹤0.01% |
+10,432
| New | +$219K |
|
|
VNET
2147
VNET Group
VNET
$1.79B
| $193K | ﹤0.01% |
25,383
+2,504
| +11% | +$19.2K |
|
|
ISBC
2148
DELISTED
Investors Bancorp, Inc.
ISBC
| $192K | ﹤0.01% |
16,918
-7,546
| -31% | -$84.3K |
|
2149
Inseego
INSG
$104M
| $190K | ﹤0.01% |
3,949
+330
| +9% | +$15.3K |
|
2150
Alaunos Therapeutics
TCRT
$4.64M
| $189K | ﹤0.01% |
294
+25
| +9% | +$19.8K |
|
Similar funds
Principal Financial Group's Q3 2019 Portfolio in Review
As of Q3 2019, Principal Financial Group held 2,307 positions worth $113B, up 2% from $111B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q3 2019 filing shows 81 new, 938 increased, 1,207 reduced and 62 closed positions. Its largest new stake was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M. The largest sale was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $223M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2019 buy was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 1,179,809 shares worth $41.6M.
- Principal Financial Group added most to iShares MBS ETF in Q3 2019, an estimated $249M increase.
- Principal Financial Group's biggest Q3 2019 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $223M.
- Principal Financial Group fully exited Anadarko Petroleum in Q3 2019, selling an estimated $55.2M.
- Principal Financial Group's ten largest holdings make up 11% of its $113B portfolio in Q3 2019.
- Principal Financial Group opened 81 new positions and closed 62 in Q3 2019.
- Principal Financial Group's portfolio value rose 2% quarter-over-quarter to $113B.
Based on Principal Financial Group's 13F filing for Q3 2019, filed 13 Nov 2019.