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 |
Hilton Worldwide
HLT
|
+$332M |
| 2 |
FRC
First Republic Bank
FRC
|
+$239M |
| 3 |
Mettler-Toledo International
MTD
|
+$207M |
| 4 |
Baidu
BIDU
|
+$196M |
| 5 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$172M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar Tree
DLTR
|
+$346M |
| 2 |
Aon
AON
|
+$335M |
| 3 |
Intuit
INTU
|
+$262M |
| 4 |
Fidelity National Information Services
FIS
|
+$198M |
| 5 |
Loews
L
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.93% |
| 2 | Real Estate | 15.1% |
| 3 | Technology | 13.32% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Kraft Heinz
KHC
$32B
| $135M | 0.12% |
2,148,956
-463,976
| -18% | -$27.5M |
|
202
United Parcel Service
UPS
$90B
| $134M | 0.12% |
1,258,740
-48,232
| -4% | -$5.42M |
|
203
Elevance Health
ELV
$83.2B
| $134M | 0.12% |
561,067
-9,406
| -2% | -$2.18M |
|
204
Scotiabank
BNS
$108B
| $134M | 0.12% |
2,333,473
-12,494
| -0.5% | -$753K |
|
205
Lowe's Companies
LOW
$122B
| $133M | 0.12% |
1,393,189
-120,711
| -8% | -$10.9M |
|
|
SRC
206
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $129M | 0.12% |
3,217,526
-192,675
| -6% | -$7.32M |
|
207
Northrop Grumman
NOC
$78.7B
| $129M | 0.12% |
419,323
-15,519
| -4% | -$5.13M |
|
|
RTN
208
DELISTED
Raytheon Company
RTN
| $127M | 0.12% |
659,258
+6,310
| +1% | +$1.33M |
|
|
KW
209
DELISTED
Kennedy-Wilson Holdings
KW
| $124M | 0.11% |
5,842,216
+2,361,477
| +68% | +$46.3M |
|
210
Parker-Hannifin
PH
$125B
| $123M | 0.11% |
792,255
-10,923
| -1% | -$1.86M |
|
211
Eli Lilly
LLY
$1.09T
| $123M | 0.11% |
1,444,598
-363,349
| -20% | -$29.8M |
|
212
Lockheed Martin
LMT
$134B
| $123M | 0.11% |
415,841
-106,607
| -20% | -$34.4M |
|
213
Applied Materials
AMAT
$379B
| $122M | 0.11% |
2,647,260
-106,307
| -4% | -$5.48M |
|
214
Valero Energy
VLO
$88.8B
| $122M | 0.11% |
1,102,387
-27,258
| -2% | -$3.06M |
|
215
Evergy
EVRG
$19.9B
| $122M | 0.11% |
+2,164,041
| New | +$116M |
|
216
Morgan Stanley
MS
$333B
| $121M | 0.11% |
2,550,095
+580,952
| +30% | +$30.4M |
|
217
Goldman Sachs
GS
$308B
| $120M | 0.11% |
543,452
-139,897
| -20% | -$33.4M |
|
218
Norfolk Southern
NSC
$77.1B
| $119M | 0.11% |
788,256
-19,535
| -2% | -$2.85M |
|
219
Caterpillar
CAT
$386B
| $119M | 0.11% |
876,108
-12,970
| -1% | -$1.94M |
|
220
Qualcomm
QCOM
$174B
| $118M | 0.11% |
2,103,698
-5,693
| -0.3% | -$318K |
|
221
Biogen
BIIB
$29.8B
| $118M | 0.11% |
406,712
-1,788
| -0.4% | -$503K |
|
222
U-Haul Holding Co
UHAL
$14.4B
| $118M | 0.11% |
3,309,640
+232,610
| +8% | +$8.09M |
|
223
Rexford Industrial Realty
REXR
$8.63B
| $118M | 0.11% |
3,748,151
+177,334
| +5% | +$5.42M |
|
224
TJX Companies
TJX
$176B
| $117M | 0.11% |
2,449,304
-1,153,170
| -32% | -$50.6M |
|
225
VF Corp
VFC
$6.94B
| $115M | 0.11% |
1,502,703
-491,124
| -25% | -$37M |
|
Similar funds
Principal Financial Group's Q2 2018 Portfolio in Review
As of Q2 2018, Principal Financial Group held 2,357 positions worth $109B, up 3.9% from $105B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q2 2018 filing shows 151 new, 1,254 increased, 850 reduced and 87 closed positions. Its largest new stake was Evergy: 2,164,041 shares worth $122M. The largest sale was Dollar Tree, an estimated $346M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2018 buy was Evergy: 2,164,041 shares worth $122M.
- Principal Financial Group added most to Hilton Worldwide in Q2 2018, an estimated $332M increase.
- Principal Financial Group's biggest Q2 2018 reduction was Dollar Tree, cutting an estimated $346M.
- Principal Financial Group fully exited Great Plains Energy Incorporated in Q2 2018, selling an estimated $120M.
- Principal Financial Group's ten largest holdings make up 11% of its $109B portfolio in Q2 2018.
- Principal Financial Group opened 151 new positions and closed 87 in Q2 2018.
- Principal Financial Group's portfolio value rose 3.9% quarter-over-quarter to $109B.
Based on Principal Financial Group's 13F filing for Q2 2018, filed 13 Aug 2018.