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 |
ExxonMobil
XOM
|
+$589M |
| 2 |
Simon Property Group
SPG
|
+$553M |
| 3 |
Apple
AAPL
|
+$526M |
| 4 |
JPMorgan Chase
JPM
|
+$449M |
| 5 |
Chevron
CVX
|
+$391M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.25% |
| 2 | Real Estate | 11.42% |
| 3 | Technology | 11.1% |
| 4 | Consumer Discretionary | 10.25% |
| 5 | Healthcare | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Colgate-Palmolive
CL
$73.3B
| $60.7M | 0.13% |
+1,060,106
| New | +$62.9M |
|
202
American Tower
AMT
$78B
| $60.5M | 0.13% |
+826,494
| New | +$65.8M |
|
203
Starbucks
SBUX
$119B
| $59.7M | 0.13% |
+1,824,506
| New | +$56.7M |
|
204
Petrobras
PBR
$117B
| $59.5M | 0.13% |
+4,434,765
| New | +$75.6M |
|
205
Cigna
CI
$77B
| $58.9M | 0.13% |
+812,613
| New | +$54.8M |
|
|
ACAS
206
DELISTED
American Capital Ltd
ACAS
| $58.8M | 0.13% |
+4,642,778
| New | +$64M |
|
|
WDR
207
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $58.6M | 0.13% |
+1,346,479
| New | +$59.3M |
|
208
Pebblebrook Hotel Trust
PEB
$2.17B
| $58.4M | 0.13% |
+2,258,561
| New | +$59.7M |
|
|
BRE
209
DELISTED
BRE PROPERTIES INC CL A
BRE
| $58.1M | 0.13% |
+1,161,544
| New | +$58.5M |
|
210
Brookfield Infrastructure Partners
BIP
$18.6B
| $58.1M | 0.13% |
+4,008,025
| New | +$59.3M |
|
211
Mondelez International
MDLZ
$77.9B
| $57.4M | 0.13% |
+2,012,403
| New | +$61.2M |
|
|
ASCMA
212
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $57.4M | 0.13% |
+735,379
| New | +$52.3M |
|
213
SBA Communications
SBAC
$18.4B
| $56.9M | 0.13% |
+767,951
| New | +$58.5M |
|
214
Avery Dennison
AVY
$12.4B
| $56.5M | 0.13% |
+1,321,088
| New | +$56.3M |
|
215
Nike
NKE
$62.5B
| $56.3M | 0.12% |
+1,767,972
| New | +$55M |
|
216
Expeditors International
EXPD
$22.5B
| $56.3M | 0.12% |
+1,480,113
| New | +$55.4M |
|
217
MetLife
MET
$61.3B
| $55.6M | 0.12% |
+1,363,241
| New | +$50.1M |
|
218
HP
HPQ
$24.1B
| $54.4M | 0.12% |
+4,826,079
| New | +$49.3M |
|
|
PEI
219
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $54.3M | 0.12% |
+191,630
| New | +$56.8M |
|
220
Factset
FDS
$9.6B
| $53.9M | 0.12% |
+529,088
| New | +$50.8M |
|
221
Duke Energy
DUK
$101B
| $53.4M | 0.12% |
+791,205
| New | +$55.9M |
|
222
Seagate
STX
$181B
| $53.2M | 0.12% |
+1,186,560
| New | +$47.8M |
|
|
GAP
223
The Gap Inc
GAP
$7.03B
| $52.9M | 0.12% |
+1,267,276
| New | +$49.9M |
|
224
Target
TGT
$63.5B
| $52.8M | 0.12% |
+766,132
| New | +$53.3M |
|
225
Molson Coors Class B
TAP
$7.68B
| $51.8M | 0.11% |
+1,082,393
| New | +$54.8M |
|
Similar funds
Principal Financial Group's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Principal Financial Group, which disclosed 2,248 positions worth $45.1B. Its ten largest holdings account for 9.3% of the portfolio.
Its largest position is ExxonMobil: 6,547,866 shares worth $592M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2013 buy was ExxonMobil: 6,547,866 shares worth $592M.
- Principal Financial Group's ten largest holdings make up 9.3% of its $45.1B portfolio in Q2 2013.
- Principal Financial Group disclosed 2,248 positions in Q2 2013, its first 13F filing on record.
Based on Principal Financial Group's 13F filing for Q2 2013, filed 12 Aug 2013.