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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Ryman Hospitality Properties
RHP
$8.31B
| $261K | ﹤0.01% |
7,099
-887
| -11% | -$31.4K |
|
|
JNCE
2152
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $261K | ﹤0.01% |
31,935
+15,123
| +90% | +$93.8K |
|
2153
Alpha and Omega Semiconductor
AOSL
$942M
| $258K | ﹤0.01% |
20,140
+9,585
| +91% | +$116K |
|
|
DRNA
2154
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $257K | ﹤0.01% |
14,311
-11,416
| -44% | -$236K |
|
|
NGHC
2155
DELISTED
National General Holdings Corp
NGHC
| $256K | ﹤0.01% |
7,594
-26,950
| -78% | -$893K |
|
2156
Hackett Group
HCKT
$285M
| $253K | ﹤0.01% |
22,643
+10,650
| +89% | +$138K |
|
|
MRC
2157
DELISTED
MRC Global
MRC
| $253K | ﹤0.01% |
59,115
+27,903
| +89% | +$160K |
|
|
CLDR
2158
DELISTED
Cloudera, Inc.
CLDR
| $251K | ﹤0.01% |
23,025
-5,438
| -19% | -$63K |
|
2159
Rocket Pharmaceuticals
RCKT
$372M
| $247K | ﹤0.01% |
10,819
+57
| +0.5% | +$1.4K |
|
2160
Lazard
LAZ
$4.21B
| $246K | ﹤0.01% |
7,441
-963
| -11% | -$29.7K |
|
2161
CryoPort
CYRX
$781M
| $244K | ﹤0.01% |
+5,154
| New | +$209K |
|
2162
Upwork
UPWK
$1.18B
| $244K | ﹤0.01% |
13,999
-1,322
| -9% | -$19.8K |
|
|
MNDT
2163
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $242K | ﹤0.01% |
19,629
-1,878
| -9% | -$25.7K |
|
2164
MACOM Technology Solutions
MTSI
$19.5B
| $241K | ﹤0.01% |
7,095
-667
| -9% | -$24.2K |
|
2165
iShares Core MSCI EAFE ETF
IEFA
$191B
| $240K | ﹤0.01% |
3,990
+171
| +4% | +$10.3K |
|
2166
Peoples Bancorp
PEBO
$1.5B
| $240K | ﹤0.01% |
+12,554
| New | +$258K |
|
2167
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.93B
| $239K | ﹤0.01% |
5,661
-2,590
| -31% | -$96.7K |
|
2168
PagerDuty
PD
$856M
| $236K | ﹤0.01% |
8,689
-1,500
| -15% | -$42.2K |
|
2169
Artisan Partners
APAM
$2.99B
| $232K | ﹤0.01% |
5,938
-1,419
| -19% | -$52K |
|
2170
Bloom Energy
BE
$64.3B
| $232K | ﹤0.01% |
12,932
-862
| -6% | -$12.9K |
|
2171
Origin Bancorp
OBK
$1.69B
| $232K | ﹤0.01% |
+10,880
| New | +$244K |
|
2172
Yext
YEXT
$569M
| $232K | ﹤0.01% |
15,260
-1,440
| -9% | -$24.3K |
|
|
SEI
2173
Solaris Energy Infrastructure
SEI
$3.4B
| $232K | ﹤0.01% |
36,549
+17,253
| +89% | +$127K |
|
|
AL
2174
DELISTED
Air Lease Corp
AL
| $231K | ﹤0.01% |
7,859
-1,017
| -11% | -$30K |
|
2175
ProShares Short 20+ Year Treasury ETF
TBF
$105M
| $230K | ﹤0.01% |
14,991
+1,375
| +10% | +$20.9K |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.