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 |
Cousins Properties
CUZ
|
+$234M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$223M |
| 3 |
Americold
COLD
|
+$144M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$136M |
| 5 |
Domino's
DPZ
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$169M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
+$142M |
| 3 |
Hilton Grand Vacations
HGV
|
+$104M |
| 4 |
Extra Space Storage
EXR
|
+$90.7M |
| 5 |
Prologis
PLD
|
+$89.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.94% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HAPN
2201
Happen Inc
HAPN
$2.18B
| $59K | ﹤0.01% |
3,575
-793
| -18% | -$12.5K |
|
2202
Geron
GERN
$917M
| $57K | ﹤0.01% |
40,674
-9,258
| -19% | -$15.3K |
|
|
ACHN
2203
DELISTED
Achillion Pharmaceuticals
ACHN
| $57K | ﹤0.01% |
21,297
-11,362
| -35% | -$33.6K |
|
|
CETV
2204
DELISTED
Central European Media Enterprises Ltd
CETV
| $56K | ﹤0.01% |
12,903
-1,135
| -8% | -$4.49K |
|
2205
Accuray
ARAY
$29.5M
| $51K | ﹤0.01% |
13,061
+423
| +3% | +$1.71K |
|
|
CSLT
2206
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $50K | ﹤0.01% |
15,422
+2,656
| +21% | +$9.15K |
|
2207
Coeur Mining
CDE
$15.6B
| $48K | ﹤0.01% |
11,033
+206
| +2% | +$725 |
|
2208
Hecla Mining
HL
$9.79B
| $47K | ﹤0.01% |
26,172
-7,152
| -21% | -$13.1K |
|
|
LTS
2209
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $47K | ﹤0.01% |
13,826
-618
| -4% | -$2.14K |
|
2210
Northern Oil and Gas
NOG
$2.29B
| $39K | ﹤0.01% |
2,038
-84
| -4% | -$1.94K |
|
|
INFN
2211
DELISTED
Infinera Corporation Common Stock
INFN
| $36K | ﹤0.01% |
12,218
-1,320
| -10% | -$4.96K |
|
|
AT
2212
DELISTED
Atlantic Power Corporation
AT
| $35K | ﹤0.01% |
14,592
+3,962
| +37% | +$9.44K |
|
2213
Option Care Health
OPCH
$3.78B
| $34K | ﹤0.01% |
3,267
-200
| -6% | -$1.64K |
|
|
KDMN
2214
DELISTED
Kadmon Holdings, Inc.
KDMN
| $34K | ﹤0.01% |
16,292
+1,901
| +13% | +$4.23K |
|
2215
Uranium Energy
UEC
$4.67B
| $33K | ﹤0.01% |
24,000
-1,176
| -5% | -$1.62K |
|
|
XXII
2216
22nd Century Group
XXII
$1.33M
| – | – |
0
| – | – |
|
|
EGIO
2217
DELISTED
Edgio, Inc. Common Stock
EGIO
| $31K | ﹤0.01% |
+287
| New | +$34.3K |
|
2218
Talphera
TLPH
$68.5M
| $30K | ﹤0.01% |
+588
| New | +$35.3K |
|
|
PTN
2219
Palatin Technologies
PTN
$14.1M
| $29K | ﹤0.01% |
20
-32
| -62% | -$50.3K |
|
2220
Clean Energy Fuels
CLNE
$416M
| $28K | ﹤0.01% |
10,346
-2,806
| -21% | -$8.16K |
|
|
ATHX
2221
DELISTED
Athersys, Inc. Common Stock
ATHX
| $27K | ﹤0.01% |
641
+29
| +5% | +$1.19K |
|
2222
Nordic American Tanker
NAT
$1.38B
| $25K | ﹤0.01% |
10,885
-2,581
| -19% | -$5.56K |
|
2223
Teekay Tankers
TNK
$2.73B
| $20K | ﹤0.01% |
1,942
-567
| -23% | -$5.17K |
|
|
GEN
2224
DELISTED
Genesis Healthcare, Inc.
GEN
| $20K | ﹤0.01% |
16,521
+4,474
| +37% | +$5.7K |
|
2225
Verastem
VSTM
$539M
| $17K | ﹤0.01% |
945
+37
| +4% | +$838 |
|
Similar funds
Principal Financial Group's Q2 2019 Portfolio in Review
As of Q2 2019, Principal Financial Group held 2,327 positions worth $111B, up 3.6% from $107B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2019 filing shows 122 new, 973 increased, 1,117 reduced and 101 closed positions. Its largest new stake was Slack Technologies, Inc.: 3,690,764 shares worth $138M. The largest sale was SBA Communications, an estimated $169M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2019 buy was Slack Technologies, Inc.: 3,690,764 shares worth $138M.
- Principal Financial Group added most to Cousins Properties in Q2 2019, an estimated $234M increase.
- Principal Financial Group's biggest Q2 2019 reduction was SBA Communications, cutting an estimated $169M.
- Principal Financial Group fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $46.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $111B portfolio in Q2 2019.
- Principal Financial Group opened 122 new positions and closed 101 in Q2 2019.
- Principal Financial Group's portfolio value rose 3.6% quarter-over-quarter to $111B.
Based on Principal Financial Group's 13F filing for Q2 2019, filed 12 Aug 2019.