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 |
Alibaba
BABA
|
+$189M |
| 2 |
Domino's
DPZ
|
+$179M |
| 3 |
Boston Properties
BXP
|
+$172M |
| 4 |
VICI Properties
VICI
|
+$120M |
| 5 |
Vail Resorts
MTN
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$118M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$115M |
| 3 |
SBA Communications
SBAC
|
+$107M |
| 4 |
Steris
STE
|
+$106M |
| 5 |
Equinix
EQIX
|
+$99.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.13% |
| 2 | Financials | 15.66% |
| 3 | Technology | 14.56% |
| 4 | Consumer Discretionary | 11.38% |
| 5 | Industrials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Brown-Forman Class B
BF.B
$13.5B
| $128M | 0.12% |
2,419,424
+258,840
| +12% | +$12.6M |
|
202
Autoliv
ALV
$9.14B
| $126M | 0.12% |
1,717,800
-750,295
| -30% | -$58.2M |
|
|
MPT
203
Medical Properties Trust
MPT
$2.84B
| $126M | 0.12% |
6,817,382
-512,787
| -7% | -$9.14M |
|
204
Teleflex
TFX
$5.96B
| $125M | 0.12% |
412,257
-142,161
| -26% | -$39.6M |
|
205
Leidos
LDOS
$14.4B
| $124M | 0.12% |
1,930,502
+44,007
| +2% | +$2.66M |
|
|
DOC
206
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $123M | 0.11% |
6,554,189
+149,897
| +2% | +$2.67M |
|
207
GE Aerospace
GE
$364B
| $123M | 0.11% |
2,473,830
-121,569
| -5% | -$5.72M |
|
208
TJX Companies
TJX
$179B
| $121M | 0.11% |
2,280,734
+9,466
| +0.4% | +$472K |
|
209
Gilead Sciences
GILD
$165B
| $121M | 0.11% |
1,865,346
-171,449
| -8% | -$11.4M |
|
210
HCA Healthcare
HCA
$88.4B
| $121M | 0.11% |
928,284
+219,386
| +31% | +$29.5M |
|
211
TSMC
TSM
$1.94T
| $121M | 0.11% |
2,946,254
+4,713
| +0.2% | +$180K |
|
212
Kroger
KR
$36.7B
| $121M | 0.11% |
4,898,712
+26,757
| +0.5% | +$733K |
|
|
STAY
213
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $119M | 0.11% |
6,656,332
-1,648,785
| -20% | -$28.7M |
|
|
OPLN
214
Openlane
OPLN
$4.28B
| $118M | 0.11% |
6,077,630
-5,215,189
| -46% | -$98.3M |
|
215
Magna International
MGA
$18.8B
| $117M | 0.11% |
2,406,665
+586,085
| +32% | +$29.6M |
|
216
Alaska Air
ALK
$5.11B
| $116M | 0.11% |
2,062,848
-9,271
| -0.4% | -$566K |
|
217
Alliant Energy
LNT
$18.6B
| $116M | 0.11% |
2,453,682
+55,861
| +2% | +$2.5M |
|
218
Avery Dennison
AVY
$12.8B
| $115M | 0.11% |
1,014,222
+16,020
| +2% | +$1.65M |
|
219
Weyerhaeuser
WY
$17.6B
| $114M | 0.11% |
4,323,154
+120,290
| +3% | +$3.03M |
|
|
XEC
220
DELISTED
CIMAREX ENERGY CO
XEC
| $114M | 0.11% |
1,624,116
-15,384
| -0.9% | -$1.11M |
|
221
Caterpillar
CAT
$361B
| $113M | 0.11% |
835,506
-27,089
| -3% | -$3.6M |
|
222
United Parcel Service
UPS
$88.9B
| $113M | 0.11% |
1,012,430
-5,424
| -0.5% | -$575K |
|
223
VF Corp
VFC
$5.92B
| $112M | 0.1% |
1,370,846
+9,548
| +0.7% | +$745K |
|
224
American Express
AXP
$224B
| $111M | 0.1% |
1,014,382
-17,867
| -2% | -$1.88M |
|
225
Novartis
NVS
$302B
| $111M | 0.1% |
1,283,189
+1,089
| +0.1% | +$87.4K |
|
Similar funds
Principal Financial Group's Q1 2019 Portfolio in Review
As of Q1 2019, Principal Financial Group held 2,299 positions worth $107B, up 14% from $93.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Principal Financial Group's Q1 2019 filing shows 59 new, 812 increased, 1,315 reduced and 94 closed positions. Its largest new stake was Capri Holdings: 848,055 shares worth $38.8M. The largest sale was O'Reilly Automotive, an estimated $118M.
By sector, the portfolio is most concentrated in Real Estate at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q1 2019 buy was Capri Holdings: 848,055 shares worth $38.8M.
- Principal Financial Group added most to Alibaba in Q1 2019, an estimated $189M increase.
- Principal Financial Group's biggest Q1 2019 reduction was O'Reilly Automotive, cutting an estimated $118M.
- Principal Financial Group fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $73.4M.
- Principal Financial Group's ten largest holdings make up 11% of its $107B portfolio in Q1 2019.
- Principal Financial Group opened 59 new positions and closed 94 in Q1 2019.
- Principal Financial Group's portfolio value rose 14% quarter-over-quarter to $107B.
Based on Principal Financial Group's 13F filing for Q1 2019, filed 10 May 2019.