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 | |
|---|---|---|---|---|---|---|
2201
PennyMac Financial
PFSI
$3.97B
| $208K | ﹤0.01% |
3,576
-2,007
| -36% | -$99.5K |
|
|
ESPR
2202
DELISTED
Esperion Therapeutics
ESPR
| $207K | ﹤0.01% |
5,559
-4,551
| -45% | -$180K |
|
2203
Global Industrial
GIC
$1.39B
| $206K | ﹤0.01% |
+8,604
| New | +$186K |
|
2204
ING
ING
$101B
| $205K | ﹤0.01% |
29,000
-8,000
| -22% | -$61.1K |
|
|
KDMN
2205
DELISTED
Kadmon Holdings, Inc.
KDMN
| $205K | ﹤0.01% |
52,428
-1,907
| -4% | -$8.01K |
|
2206
Revolution Medicines
RVMD
$38.8B
| $203K | ﹤0.01% |
+5,822
| New | +$161K |
|
2207
BRC Group Holdings
RILY
$301M
| $202K | ﹤0.01% |
+8,065
| New | +$203K |
|
2208
Hecla Mining
HL
$9.68B
| $199K | ﹤0.01% |
39,150
-20,379
| -34% | -$108K |
|
2209
Horizon Bancorp
HBNC
$1.06B
| $196K | ﹤0.01% |
19,388
+9,159
| +90% | +$95K |
|
2210
Verra Mobility
VRRM
$852M
| $195K | ﹤0.01% |
20,182
-1,906
| -9% | -$19.9K |
|
2211
Midland States Bancorp
MSBI
$711M
| $193K | ﹤0.01% |
+15,023
| New | +$214K |
|
|
BRY
2212
DELISTED
Berry Corp
BRY
| $192K | ﹤0.01% |
60,524
+28,542
| +89% | +$120K |
|
|
ATNX
2213
DELISTED
Athenex, Inc. Common Stock
ATNX
| $191K | ﹤0.01% |
789
-647
| -45% | -$155K |
|
2214
Accuray
ARAY
$32.2M
| $190K | ﹤0.01% |
79,165
+29,909
| +61% | +$69.8K |
|
|
AVYA
2215
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $190K | ﹤0.01% |
12,487
-2,825
| -18% | -$39.9K |
|
2216
BioCryst Pharmaceuticals
BCRX
$2.24B
| $189K | ﹤0.01% |
54,964
-1,734
| -3% | -$7.43K |
|
2217
Lexicon Pharmaceuticals
LXRX
$1.03B
| $189K | ﹤0.01% |
131,435
+62,196
| +90% | +$111K |
|
2218
Sonos
SONO
$1.87B
| $188K | ﹤0.01% |
12,398
-716
| -5% | -$10.5K |
|
|
MNR
2219
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $187K | ﹤0.01% |
13,495
-1,624
| -11% | -$23.1K |
|
2220
Prothena Corp
PRTA
$436M
| $186K | ﹤0.01% |
+18,644
| New | +$224K |
|
2221
Amalgamated Financial
AMAL
$1.48B
| $184K | ﹤0.01% |
+17,408
| New | +$203K |
|
2222
Old Second Bancorp
OSBC
$1.31B
| $179K | ﹤0.01% |
23,869
+11,289
| +90% | +$90.3K |
|
2223
Peapack-Gladstone Financial
PGC
$821M
| $178K | ﹤0.01% |
+11,739
| New | +$197K |
|
2224
Regional Management Corp
RM
$320M
| $175K | ﹤0.01% |
+10,488
| New | +$180K |
|
2225
Alector
ALEC
$168M
| $172K | ﹤0.01% |
16,319
-792
| -5% | -$12.8K |
|
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.