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 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$171M |
| 2 |
FRC
First Republic Bank
FRC
|
+$124M |
| 3 |
Equinix
EQIX
|
+$95.1M |
| 4 |
Brookfield
BN
|
+$92.9M |
| 5 |
Hilton Worldwide
HLT
|
+$88.5M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Real Estate | 14.09% |
| 3 | Technology | 13.35% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Industrials | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
PayPal
PYPL
$49.9B
| $137M | 0.13% |
1,799,580
-113,875
| -6% | -$9.03M |
|
202
Nike
NKE
$64.1B
| $136M | 0.13% |
2,044,677
-100,598
| -5% | -$6.64M |
|
203
Keurig Dr Pepper
KDP
$42.8B
| $134M | 0.13% |
1,134,918
-532,169
| -32% | -$59M |
|
204
Sempra
SRE
$58.1B
| $134M | 0.13% |
2,405,946
-141,694
| -6% | -$7.64M |
|
205
Lowe's Companies
LOW
$121B
| $133M | 0.13% |
1,513,900
-114,194
| -7% | -$10.8M |
|
206
Crane NXT
CXT
$2.99B
| $132M | 0.13% |
4,098,861
+298,670
| +8% | +$9.67M |
|
207
Fastenal
FAST
$54.8B
| $132M | 0.13% |
9,639,760
-57,436
| -0.6% | -$791K |
|
208
Caterpillar
CAT
$361B
| $131M | 0.13% |
889,078
+2,010
| +0.2% | +$317K |
|
|
GPT
209
DELISTED
Gramercy Property Trust
GPT
| $130M | 0.12% |
5,969,108
+1,641,496
| +38% | +$39M |
|
210
Colgate-Palmolive
CL
$74.8B
| $130M | 0.12% |
1,807,836
-449,057
| -20% | -$32.3M |
|
211
Credicorp
BAP
$30.5B
| $129M | 0.12% |
567,897
+111,353
| +24% | +$24.7M |
|
212
NVR
NVR
$17.1B
| $128M | 0.12% |
45,612
+112
| +0.2% | +$356K |
|
213
HF Sinclair
DINO
$16.2B
| $127M | 0.12% |
2,605,480
-414,281
| -14% | -$19.7M |
|
214
Broadridge
BR
$18.4B
| $127M | 0.12% |
1,158,143
-166,354
| -13% | -$16.5M |
|
|
CDK
215
DELISTED
CDK Global, Inc.
CDK
| $127M | 0.12% |
1,999,545
-37,911
| -2% | -$2.65M |
|
216
Host Hotels & Resorts
HST
$17.5B
| $126M | 0.12% |
6,780,077
-2,054,381
| -23% | -$40.1M |
|
217
Elevance Health
ELV
$81.5B
| $125M | 0.12% |
570,473
-63,462
| -10% | -$14.9M |
|
|
FRC
218
DELISTED
First Republic Bank
FRC
| $125M | 0.12% |
1,349,696
+1,340,774
| +15,028% | +$124M |
|
219
American Homes 4 Rent
AMH
$12.1B
| $123M | 0.12% |
6,111,266
+1,808,597
| +42% | +$36M |
|
|
CELG
220
DELISTED
Celgene Corp
CELG
| $122M | 0.12% |
1,366,711
-44,157
| -3% | -$4.24M |
|
|
GXP
221
DELISTED
Great Plains Energy Incorporated
GXP
| $120M | 0.12% |
3,789,118
+245,732
| +7% | +$7.48M |
|
222
First Industrial Realty Trust
FR
$8.66B
| $120M | 0.11% |
4,102,838
+99,375
| +2% | +$2.93M |
|
|
SRC
223
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $119M | 0.11% |
3,410,201
+155,465
| +5% | +$5.55M |
|
224
Adient
ADNT
$1.69B
| $117M | 0.11% |
1,962,321
+172,385
| +10% | +$11.5M |
|
225
Qualcomm
QCOM
$164B
| $117M | 0.11% |
2,109,391
-176,771
| -8% | -$11.3M |
|
Similar funds
Principal Financial Group's Q1 2018 Portfolio in Review
As of Q1 2018, Principal Financial Group held 2,291 positions worth $105B, down 3.6% from $109B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2018 filing shows 52 new, 1,357 increased, 770 reduced and 85 closed positions. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M. The largest sale was Principal Exchange-Traded Funds Principal US Mega-Cap ETF, an estimated $791M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 3,264,583 shares worth $173M.
- Principal Financial Group added most to First Republic Bank in Q1 2018, an estimated $124M increase.
- Principal Financial Group's biggest Q1 2018 reduction was Loews, cutting an estimated $99.2M.
- Principal Financial Group fully exited Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q1 2018, selling an estimated $791M.
- Principal Financial Group's ten largest holdings make up 11% of its $105B portfolio in Q1 2018.
- Principal Financial Group opened 52 new positions and closed 85 in Q1 2018.
- Principal Financial Group's portfolio value fell 3.6% quarter-over-quarter to $105B.
Based on Principal Financial Group's 13F filing for Q1 2018, filed 14 May 2018.