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 |
Ventas
VTR
|
+$190M |
| 2 |
Netflix
NFLX
|
+$137M |
| 3 |
Tyler Technologies
TYL
|
+$136M |
| 4 |
Aon
AON
|
+$132M |
| 5 |
Starbucks
SBUX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$417M |
| 2 |
Apple
AAPL
|
+$291M |
| 3 |
Healthpeak Properties
DOC
|
+$163M |
| 4 |
Vipshop
VIPS
|
+$136M |
| 5 |
NXP Semiconductors
NXPI
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.26% |
| 2 | Real Estate | 15.29% |
| 3 | Financials | 14.38% |
| 4 | Consumer Discretionary | 11.75% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VISN
2251
Vistance Networks Inc
VISN
$2.82B
| $130K | ﹤0.01% |
14,428
-2,457
| -15% | -$23.1K |
|
2252
Ribbon Communications
RBBN
$388M
| $127K | ﹤0.01% |
32,762
+15,336
| +88% | +$64.7K |
|
|
SPWR
2253
DELISTED
SunPower Corporation Common Stock
SPWR
| $126K | ﹤0.01% |
10,061
-7,408
| -42% | -$62.4K |
|
|
AXDX
2254
DELISTED
Accelerate Diagnostics
AXDX
| $119K | ﹤0.01% |
1,121
-55
| -5% | -$7.64K |
|
|
CIM
2255
Chimera Investment
CIM
$1.06B
| $118K | ﹤0.01% |
4,799
-2,499
| -34% | -$66.6K |
|
2256
Precigen
PGEN
$2.33B
| $116K | ﹤0.01% |
33,104
-11,889
| -26% | -$56.4K |
|
|
INFN
2257
DELISTED
Infinera Corporation Common Stock
INFN
| $111K | ﹤0.01% |
18,053
-3,683
| -17% | -$25.8K |
|
|
CPRX
2258
DELISTED
Catalyst Pharmaceutical
CPRX
| $107K | ﹤0.01% |
36,188
-1,850
| -5% | -$7.23K |
|
2259
RLJ Lodging Trust
RLJ
$1.89B
| $107K | ﹤0.01% |
12,312
-6,412
| -34% | -$57.5K |
|
2260
Inseego
INSG
$126M
| $106K | ﹤0.01% |
1,029
-97
| -9% | -$11.2K |
|
|
TWO
2261
Two Harbors Investment
TWO
$1.27B
| $106K | ﹤0.01% |
5,196
-175,928
| -97% | -$3.73M |
|
|
MOBL
2262
DELISTED
MobileIron, Inc.
MOBL
| $105K | ﹤0.01% |
15,029
-869
| -5% | -$5.08K |
|
|
CLSD
2263
DELISTED
Clearside Biomedical
CLSD
| $104K | ﹤0.01% |
4,521
+2,138
| +90% | +$55.3K |
|
|
EGIO
2264
DELISTED
Edgio, Inc. Common Stock
EGIO
| $104K | ﹤0.01% |
453
-26
| -5% | -$6.51K |
|
2265
Omeros
OMER
$937M
| $102K | ﹤0.01% |
10,121
-500
| -5% | -$6.44K |
|
2266
Energy Recovery
ERII
$470M
| $99K | ﹤0.01% |
12,079
-741
| -6% | -$5.94K |
|
|
CVA
2267
DELISTED
Covanta Holding Corporation
CVA
| $99K | ﹤0.01% |
12,743
-3,168
| -20% | -$29.1K |
|
2268
DigitalBridge
DBRG
$2.93B
| $98K | ﹤0.01% |
8,997
-4,849
| -35% | -$47K |
|
2269
Capitol Federal Financial
CFFN
$1.13B
| $93K | ﹤0.01% |
10,062
-5,074
| -34% | -$49.5K |
|
2270
Magnolia Oil & Gas
MGY
$5.82B
| $93K | ﹤0.01% |
18,043
-2,113
| -10% | -$13.2K |
|
|
MFA
2271
MFA Financial
MFA
$924M
| $92K | ﹤0.01% |
8,606
-4,336
| -34% | -$46.7K |
|
|
SRGA
2272
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $92K | ﹤0.01% |
1,687
+795
| +89% | +$60.8K |
|
|
TCDA
2273
DELISTED
Tricida, Inc. Common Stock
TCDA
| $91K | ﹤0.01% |
10,097
-500
| -5% | -$7.3K |
|
2274
GoPro
GPRO
$133M
| $87K | ﹤0.01% |
19,196
-1,422
| -7% | -$6.68K |
|
|
LX
2275
LexinFintech Holdings
LX
$244M
| $87K | ﹤0.01% |
+12,678
| New | +$110K |
|
Similar funds
Principal Financial Group's Q3 2020 Portfolio in Review
As of Q3 2020, Principal Financial Group held 2,397 positions worth $119B, up 4.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q3 2020 filing shows 80 new, 702 increased, 1,527 reduced and 77 closed positions. Its largest new stake was Broadstone Net Lease: 3,478,467 shares worth $58.4M. The largest sale was Berkshire Hathaway Class B, an estimated $417M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Real Estate and Financials.
- Principal Financial Group's largest Q3 2020 buy was Broadstone Net Lease: 3,478,467 shares worth $58.4M.
- Principal Financial Group added most to Ventas in Q3 2020, an estimated $190M increase.
- Principal Financial Group's biggest Q3 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $417M.
- Principal Financial Group fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $20.9M.
- Principal Financial Group's ten largest holdings make up 15% of its $119B portfolio in Q3 2020.
- Principal Financial Group opened 80 new positions and closed 77 in Q3 2020.
- Principal Financial Group's portfolio value rose 4.7% quarter-over-quarter to $119B.
Based on Principal Financial Group's 13F filing for Q3 2020, filed 6 Nov 2020.