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 |
Intuit
INTU
|
+$210M |
| 2 |
Truist Financial
TFC
|
+$185M |
| 3 |
Charter Communications
CHTR
|
+$172M |
| 4 |
Credit Acceptance
CACC
|
+$155M |
| 5 |
Park Hotels & Resorts
PK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STI
SunTrust Banks, Inc.
STI
|
+$162M |
| 2 |
Albemarle
ALB
|
+$152M |
| 3 |
CELG
Celgene Corp
CELG
|
+$109M |
| 4 |
Apple
AAPL
|
+$102M |
| 5 |
DOC
PHYSICIANS REALTY TRUST
DOC
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.21% |
| 2 | Financials | 16.12% |
| 3 | Technology | 15.59% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
MannKind Corp
MNKD
$1.27B
| $69K | ﹤0.01% |
53,459
-3,049
| -5% | -$3.9K |
|
|
ASRT
2202
DELISTED
Assertio
ASRT
| $64K | ﹤0.01% |
859
-8,150
| -90% | -$478K |
|
|
ACHN
2203
DELISTED
Achillion Pharmaceuticals
ACHN
| $64K | ﹤0.01% |
10,535
-23,286
| -69% | -$135K |
|
|
MOBL
2204
DELISTED
MobileIron, Inc.
MOBL
| $64K | ﹤0.01% |
13,243
-2,487
| -16% | -$13.2K |
|
2205
Conduent
CNDT
$245M
| $63K | ﹤0.01% |
10,099
-2,586
| -20% | -$16.2K |
|
|
TRUE
2206
DELISTED
TrueCar
TRUE
| $63K | ﹤0.01% |
+13,367
| New | +$55.8K |
|
|
CFMS
2207
DELISTED
Conformis, Inc. Common Stock
CFMS
| $58K | ﹤0.01% |
1,552
+1,006
| +184% | +$47.7K |
|
2208
Nordic American Tanker
NAT
$1.41B
| $56K | ﹤0.01% |
11,474
-3,962
| -26% | -$15.1K |
|
|
LTS
2209
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $55K | ﹤0.01% |
15,823
-1,751
| -10% | -$5.08K |
|
2210
Option Care Health
OPCH
$3.36B
| $53K | ﹤0.01% |
3,523
-631
| -15% | -$8.53K |
|
|
EGIO
2211
DELISTED
Edgio, Inc. Common Stock
EGIO
| $48K | ﹤0.01% |
+294
| New | +$46.5K |
|
2212
Wipro
WIT
$19.3B
| $46K | ﹤0.01% |
24,544
| – | – |
|
|
AMRS
2213
DELISTED
Amyris Inc.
AMRS
| $46K | ﹤0.01% |
14,771
-59,432
| -80% | -$220K |
|
2214
Inovio Pharmaceuticals
INO
$54M
| $43K | ﹤0.01% |
1,095
-1,304
| -54% | -$39.2K |
|
|
AT
2215
DELISTED
Atlantic Power Corporation
AT
| $33K | ﹤0.01% |
14,127
-3,497
| -20% | -$8.28K |
|
2216
Mammoth Energy Services
TUSK
$125M
| $32K | ﹤0.01% |
14,615
+3,461
| +31% | +$6.21K |
|
|
CMRX
2217
DELISTED
Chimerix, Inc.
CMRX
| $32K | ﹤0.01% |
+15,665
| New | +$28.9K |
|
2218
Clean Energy Fuels
CLNE
$425M
| $29K | ﹤0.01% |
12,580
-2,092
| -14% | -$4.44K |
|
2219
Senseonics Holdings Inc
SENS
$265M
| $27K | ﹤0.01% |
1,483
+173
| +13% | +$3.41K |
|
|
LITS
2220
Lite Strategy Inc
LITS
$33.6M
| $26K | ﹤0.01% |
523
-58
| -10% | -$2.16K |
|
|
GEN
2221
DELISTED
Genesis Healthcare, Inc.
GEN
| $26K | ﹤0.01% |
15,589
-6,928
| -31% | -$10.4K |
|
|
CSLT
2222
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $25K | ﹤0.01% |
18,805
-2,080
| -10% | -$2.9K |
|
2223
Talphera
TLPH
$70.1M
| $24K | ﹤0.01% |
580
-43
| -7% | -$1.76K |
|
|
PTN
2224
Palatin Technologies
PTN
$13.9M
| $23K | ﹤0.01% |
24
-2
| -8% | -$2.03K |
|
|
ATHX
2225
DELISTED
Athersys, Inc. Common Stock
ATHX
| $23K | ﹤0.01% |
750
-83
| -10% | -$2.72K |
|
Similar funds
Principal Financial Group's Q4 2019 Portfolio in Review
As of Q4 2019, Principal Financial Group held 2,348 positions worth $120B, up 5.8% from $113B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q4 2019 filing shows 104 new, 867 increased, 1,241 reduced and 118 closed positions. Its largest new stake was Park Hotels & Resorts: 6,053,859 shares worth $157M. The largest sale was SunTrust Banks, Inc., an estimated $162M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q4 2019 buy was Park Hotels & Resorts: 6,053,859 shares worth $157M.
- Principal Financial Group added most to Intuit in Q4 2019, an estimated $210M increase.
- Principal Financial Group's biggest Q4 2019 reduction was Albemarle, cutting an estimated $152M.
- Principal Financial Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $162M.
- Principal Financial Group's ten largest holdings make up 11% of its $120B portfolio in Q4 2019.
- Principal Financial Group opened 104 new positions and closed 118 in Q4 2019.
- Principal Financial Group's portfolio value rose 5.8% quarter-over-quarter to $120B.
Based on Principal Financial Group's 13F filing for Q4 2019, filed 5 Feb 2020.