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
| 1 |
SPDR Bloomberg High Yield Bond ETF
JNK
|
$225M |
| 2 |
Cousins Properties
CUZ
|
$225M |
| 3 |
Americold
COLD
|
$147M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
$138M |
| 5 |
Domino's
DPZ
|
$129M |
Top Sells
| 1 |
SBA Communications
SBAC
|
$180M |
| 2 |
HPP
Hudson Pacific Properties
HPP
|
$138M |
| 3 |
Hilton Grand Vacations
HGV
|
$111M |
| 4 |
Openlane
KAR
|
$103M |
| 5 |
Prologis
PLD
|
$93.9M |
Sector Composition
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.95% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Brown-Forman Class B
BF.B
$13.7B
| $135M | 0.12% |
2,430,739
+11,315
| +0.5% | +$627K |
|
202
Lockheed Martin
LMT
$108B
| $134M | 0.12% |
369,118
+7,960
| +2% | +$2.89M |
|
|
HR
203
DELISTED
Healthcare Realty Trust Incorporated
HR
| $133M | 0.12% |
4,258,925
+3,708,502
| +674% | +$116M |
|
204
Bristol-Myers Squibb
BMY
$96B
| $133M | 0.12% |
2,925,995
+141,996
| +5% | +$6.44M |
|
205
East-West Bancorp
EWBC
$14.8B
| $132M | 0.12% |
2,829,985
-329,342
| -10% | -$15.4M |
|
206
Altria Group
MO
$112B
| $132M | 0.12% |
2,791,573
-256,801
| -8% | -$12.2M |
|
207
ConocoPhillips
COP
$116B
| $132M | 0.12% |
2,166,752
+163,137
| +8% | +$9.95M |
|
208
Teleflex
TFX
$5.78B
| $132M | 0.12% |
398,764
-13,493
| -3% | -$4.47M |
|
209
Terreno Realty
TRNO
$6.1B
| $131M | 0.12% |
2,670,629
+968,150
| +57% | +$47.5M |
|
210
GE Aerospace
GE
$296B
| $130M | 0.12% |
2,478,108
+4,278
| +0.2% | +$224K |
|
211
TSMC
TSM
$1.26T
| $128M | 0.12% |
3,279,895
+333,641
| +11% | +$13.1M |
|
212
Autoliv
ALV
$9.58B
| $124M | 0.11% |
1,759,996
+42,196
| +2% | +$2.98M |
|
213
American Express
AXP
$227B
| $124M | 0.11% |
1,000,497
-13,885
| -1% | -$1.71M |
|
214
Novartis
NVS
$251B
| $123M | 0.11% |
1,351,594
+68,405
| +5% | +$6.25M |
|
215
Scotiabank
BNS
$78.8B
| $123M | 0.11% |
2,268,313
-141,186
| -6% | -$7.67M |
|
216
Cullen/Frost Bankers
CFR
$8.24B
| $123M | 0.11% |
1,315,827
-18,853
| -1% | -$1.77M |
|
217
Gilead Sciences
GILD
$143B
| $123M | 0.11% |
1,817,630
-47,716
| -3% | -$3.22M |
|
218
Lowe's Companies
LOW
$151B
| $122M | 0.11% |
1,212,953
-19,024
| -2% | -$1.92M |
|
219
Alliant Energy
LNT
$16.6B
| $121M | 0.11% |
2,458,836
+5,154
| +0.2% | +$253K |
|
220
Alaska Air
ALK
$7.28B
| $121M | 0.11% |
1,886,840
-176,008
| -9% | -$11.2M |
|
221
Shopify
SHOP
$191B
| $119M | 0.11% |
3,961,310
-1,095,350
| -22% | -$32.9M |
|
222
Medical Properties Trust
MPW
$2.77B
| $118M | 0.11% |
6,793,792
-23,590
| -0.3% | -$411K |
|
223
James River Group
JRVR
$249M
| $118M | 0.11% |
2,511,946
-72,469
| -3% | -$3.4M |
|
224
Hormel Foods
HRL
$14.1B
| $116M | 0.1% |
2,858,918
-770
| -0% | -$31.2K |
|
225
Credicorp
BAP
$20.7B
| $115M | 0.1% |
503,575
-52,939
| -10% | -$12.1M |
|