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 | |
|---|---|---|---|---|---|---|
2276
Magnite
MGNI
$2.8B
| $86K | ﹤0.01% |
12,425
-2,265
| -15% | -$15.1K |
|
2277
Viking Therapeutics
VKTX
$3.8B
| $86K | ﹤0.01% |
14,702
-728
| -5% | -$5.01K |
|
|
AGRX
2278
DELISTED
Agile Therapeutics
AGRX
| $86K | ﹤0.01% |
14
-1
| -7% | -$5.73K |
|
|
RUBY
2279
DELISTED
Rubius Therapeutics, Inc
RUBY
| $81K | ﹤0.01% |
16,236
-804
| -5% | -$4.26K |
|
|
WBT
2280
DELISTED
Welbilt, Inc.
WBT
| $79K | ﹤0.01% |
12,833
-3,911
| -23% | -$26.4K |
|
|
QUOT
2281
DELISTED
Quotient Technology Inc
QUOT
| $77K | ﹤0.01% |
10,374
-1,884
| -15% | -$15.3K |
|
|
AUD
2282
DELISTED
Audacy, Inc.
AUD
| $72K | ﹤0.01% |
44,874
+7,922
| +21% | +$11.9K |
|
|
VBIV
2283
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $70K | ﹤0.01% |
814
-77
| -9% | -$8.97K |
|
2284
Mistras Group
MG
$500M
| $69K | ﹤0.01% |
+17,609
| New | +$70.7K |
|
|
NH
2285
DELISTED
NantHealth, Inc
NH
| $69K | ﹤0.01% |
1,956
+923
| +89% | +$52K |
|
2286
Empire State Realty Trust
ESRT
$850M
| $64K | ﹤0.01% |
10,525
-1,663
| -14% | -$10.8K |
|
2287
FuelCell Energy
FCEL
$1.71B
| $59K | ﹤0.01% |
924
-126
| -12% | -$10K |
|
2288
National CineMedia
NCMI
$392M
| $59K | ﹤0.01% |
2,161
+1,023
| +90% | +$32.1K |
|
|
ORC
2289
Orchid Island Capital
ORC
$1.29B
| $59K | ﹤0.01% |
2,346
+60
| +3% | +$1.5K |
|
2290
BGC Group
BGC
$5.38B
| $55K | ﹤0.01% |
23,064
-11,704
| -34% | -$30.6K |
|
|
ATHX
2291
DELISTED
Athersys, Inc. Common Stock
ATHX
| $53K | ﹤0.01% |
1,094
-52
| -5% | -$3.14K |
|
2292
Antero Resources
AR
$11.2B
| $51K | ﹤0.01% |
18,412
-9,276
| -34% | -$29.4K |
|
|
HALL
2293
DELISTED
Hallmark Financial Services, Inc.
HALL
| $48K | ﹤0.01% |
+1,837
| New | +$57.3K |
|
|
LITS
2294
Lite Strategy Inc
LITS
$33.4M
| $47K | ﹤0.01% |
755
-59
| -7% | -$3.56K |
|
2295
Newmark Group
NMRK
$2.72B
| $47K | ﹤0.01% |
10,830
-5,461
| -34% | -$23.6K |
|
2296
Corbus Pharmaceuticals
CRBP
$165M
| $45K | ﹤0.01% |
841
-33
| -4% | -$5.98K |
|
|
CETV
2297
DELISTED
Central European Media Enterprises Ltd
CETV
| $43K | ﹤0.01% |
10,187
-2,153
| -17% | -$8.77K |
|
2298
Conduent
CNDT
$268M
| $40K | ﹤0.01% |
12,511
-6,309
| -34% | -$18.7K |
|
|
SEAC
2299
DELISTED
Seachange International Inc
SEAC
| $40K | ﹤0.01% |
2,272
+1,065
| +88% | +$28.2K |
|
|
AFMD
2300
DELISTED
Affimed
AFMD
| $39K | ﹤0.01% |
1,150
-62
| -5% | -$2.35K |
|
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.