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 |
Chevron
CVX
|
+$112M |
| 2 |
EOG Resources
EOG
|
+$105M |
| 3 |
Morgan Stanley
MS
|
+$103M |
| 4 |
CVS Health
CVS
|
+$101M |
| 5 |
Kilroy Realty
KRC
|
+$98.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$130M |
| 2 |
Equity Residential
EQR
|
+$110M |
| 3 |
Pfizer
PFE
|
+$84.4M |
| 4 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$77.5M |
| 5 |
PayPal
PYPL
|
+$76.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.65% |
| 2 | Real Estate | 15.91% |
| 3 | Technology | 11.62% |
| 4 | Consumer Discretionary | 10.11% |
| 5 | Industrials | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MJN
201
DELISTED
Mead Johnson Nutrition Company
MJN
| $85.4M | 0.11% |
1,207,371
-346,561
| -22% | -$25.8M |
|
202
Lennar Class A
LEN
$20.5B
| $85.1M | 0.11% |
2,082,824
-37,397
| -2% | -$1.51M |
|
203
MetLife
MET
$61.2B
| $83M | 0.11% |
1,728,218
+2,777
| +0.2% | +$127K |
|
204
Colgate-Palmolive
CL
$73.6B
| $82.7M | 0.1% |
1,263,103
+433
| +0% | +$29.7K |
|
|
PACW
205
DELISTED
PacWest Bancorp
PACW
| $82.7M | 0.1% |
1,518,189
-276,682
| -15% | -$13.4M |
|
|
HDS
206
DELISTED
HD Supply Holdings, Inc.
HDS
| $82.5M | 0.1% |
1,941,476
-456,396
| -19% | -$16.8M |
|
207
Liberty Broadband Class A
LBRDA
$4.42B
| $82.3M | 0.1% |
1,136,103
-13,668
| -1% | -$937K |
|
|
SFR
208
DELISTED
Starwood Waypoint Homes
SFR
| $81.3M | 0.1% |
2,821,155
-146,906
| -5% | -$4.27M |
|
209
Johnson Controls International
JCI
$87.5B
| $80.4M | 0.1% |
1,951,338
+129,945
| +7% | +$5.69M |
|
210
Thermo Fisher Scientific
TMO
$208B
| $80.3M | 0.1% |
569,156
-8,907
| -2% | -$1.31M |
|
211
Packaging Corp of America
PKG
$22.5B
| $80M | 0.1% |
942,909
+126,290
| +15% | +$10.6M |
|
212
PNC Financial Services
PNC
$99.6B
| $79.8M | 0.1% |
682,690
-16,823
| -2% | -$1.75M |
|
213
American Express
AXP
$229B
| $79.2M | 0.1% |
1,069,663
-22,495
| -2% | -$1.56M |
|
214
Abbott
ABT
$182B
| $78.7M | 0.1% |
2,049,927
-593
| -0% | -$23.5K |
|
215
Kinder Morgan
KMI
$70.6B
| $78.4M | 0.1% |
3,783,455
+184,447
| +5% | +$3.9M |
|
216
NextEra Energy
NEE
$185B
| $78M | 0.1% |
2,611,412
-5,520
| -0.2% | -$165K |
|
217
MDU Resources
MDU
$4.37B
| $77.3M | 0.1% |
7,062,072
+135,034
| +2% | +$1.4M |
|
218
Tanger
SKT
$4.8B
| $77M | 0.1% |
2,152,536
+548,822
| +34% | +$19.4M |
|
|
ESRX
219
DELISTED
Express Scripts Holding Company
ESRX
| $77M | 0.1% |
1,118,966
+131,497
| +13% | +$9.42M |
|
220
Netflix
NFLX
$293B
| $76.1M | 0.1% |
6,150,800
-17,410
| -0.3% | -$206K |
|
221
Occidental Petroleum
OXY
$54.6B
| $75.7M | 0.1% |
1,063,117
-3,951
| -0.4% | -$281K |
|
222
Caterpillar
CAT
$402B
| $75.4M | 0.1% |
813,099
+584
| +0.1% | +$52.9K |
|
|
BFS
223
Saul Centers
BFS
$884M
| $74.8M | 0.09% |
1,122,817
-40,847
| -4% | -$2.6M |
|
224
New Oriental
EDU
$7.94B
| $74.4M | 0.09% |
1,768,213
+654,602
| +59% | +$30.8M |
|
225
Duke Energy
DUK
$100B
| $74.2M | 0.09% |
956,128
-9,360
| -1% | -$717K |
|
Similar funds
Principal Financial Group's Q4 2016 Portfolio in Review
As of Q4 2016, Principal Financial Group held 2,300 positions worth $78.8B, up 3.7% from $76B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Principal Financial Group's Q4 2016 filing shows 133 new, 1,352 increased, 702 reduced and 71 closed positions. Its largest new stake was Liberty Expedia Holdings, Inc. Class A Common Stock: 2,233,978 shares worth $88.6M. The largest sale was ExxonMobil, an estimated $130M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q4 2016 buy was Liberty Expedia Holdings, Inc. Class A Common Stock: 2,233,978 shares worth $88.6M.
- Principal Financial Group added most to Chevron in Q4 2016, an estimated $112M increase.
- Principal Financial Group's biggest Q4 2016 reduction was ExxonMobil, cutting an estimated $130M.
- Principal Financial Group fully exited PIEDMONT NATURAL GAS CO INC(NC in Q4 2016, selling an estimated $35.9M.
- Principal Financial Group's ten largest holdings make up 9.7% of its $78.8B portfolio in Q4 2016.
- Principal Financial Group opened 133 new positions and closed 71 in Q4 2016.
- Principal Financial Group's portfolio value rose 3.7% quarter-over-quarter to $78.8B.
Based on Principal Financial Group's 13F filing for Q4 2016, filed 13 Feb 2017.