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 | |
|---|---|---|---|---|---|---|
2176
James Hardie Industries
JHX
$16.5B
| $229K | ﹤0.01% |
9,600
-400
| -4% | -$8.62K |
|
|
EQC
2177
DELISTED
Equity Commonwealth
EQC
| $229K | ﹤0.01% |
8,611
-1,116
| -11% | -$34.5K |
|
2178
Transmedics
TMDX
$2.79B
| $228K | ﹤0.01% |
+16,539
| New | +$283K |
|
2179
Seres Therapeutics
MCRB
$50.8M
| $227K | ﹤0.01% |
+401
| New | +$133K |
|
2180
Carlyle Group
CG
$18.2B
| $226K | ﹤0.01% |
9,155
-1,261
| -12% | -$34K |
|
|
PS
2181
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $225K | ﹤0.01% |
13,150
-819
| -6% | -$15.7K |
|
2182
Bally's
BALY
$664M
| $224K | ﹤0.01% |
+8,522
| New | +$198K |
|
2183
Stoke Therapeutics
STOK
$1.97B
| $223K | ﹤0.01% |
+6,658
| New | +$190K |
|
|
ATSG
2184
DELISTED
Air Transport Services Group
ATSG
| $222K | ﹤0.01% |
8,874
-838
| -9% | -$20.9K |
|
2185
Vanguard Morningstar Growth ETF
VUG
$230B
| $221K | ﹤0.01% |
+5,814
| New | +$215K |
|
2186
MGE Energy Inc
MGEE
$3.02B
| $217K | ﹤0.01% |
3,470
-993
| -22% | -$64.3K |
|
|
FIT
2187
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $216K | ﹤0.01% |
31,002
-4,448
| -13% | -$28.9K |
|
|
DRRX
2188
DELISTED
DURECT Corp
DRRX
| $215K | ﹤0.01% |
12,576
+4,305
| +52% | +$86.3K |
|
2189
First Financial Corp
THFF
$985M
| $214K | ﹤0.01% |
+6,831
| New | +$231K |
|
|
SFIX
2190
Stitch Fix
SFIX
$567M
| $212K | ﹤0.01% |
7,826
-1,013
| -11% | -$26K |
|
2191
Champion Homes
SKY
$4.52B
| $212K | ﹤0.01% |
7,937
-1,059
| -12% | -$28.9K |
|
2192
Vanguard Morningstar Value ETF
VTV
$191B
| $212K | ﹤0.01% |
+2,028
| New | +$213K |
|
|
TWOU
2193
DELISTED
2U Inc
TWOU
| $212K | ﹤0.01% |
208
-6
| -3% | -$7.13K |
|
|
GRA
2194
DELISTED
W.R. Grace & Co.
GRA
| $212K | ﹤0.01% |
5,253
-746
| -12% | -$34K |
|
2195
Repay Holdings
RPAY
$343M
| $211K | ﹤0.01% |
+8,979
| New | +$218K |
|
2196
Radian Group
RDN
$5.27B
| $210K | ﹤0.01% |
14,358
-7,479
| -34% | -$111K |
|
2197
iHeartMedia
IHRT
$582M
| $209K | ﹤0.01% |
25,691
+12,141
| +90% | +$103K |
|
2198
Schrodinger
SDGR
$1.17B
| $209K | ﹤0.01% |
4,408
+2,129
| +93% | +$146K |
|
2199
iShares Global Tech ETF
IXN
$8.81B
| $208K | ﹤0.01% |
+4,722
| New | +$201K |
|
2200
Madison Square Garden
MSGS
$9.51B
| $208K | ﹤0.01% |
1,383
-180
| -12% | -$28.3K |
|
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.