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 |
Microsoft
MSFT
|
+$141M |
| 2 |
American International
AIG
|
+$105M |
| 3 |
Bank of America
BAC
|
+$95.8M |
| 4 |
Ross Stores
ROST
|
+$94.9M |
| 5 |
Tyson Foods
TSN
|
+$88M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Liberty Media Series A
FWONA
|
+$200M |
| 2 |
MCRS
MICROS SYSTEMS INC
MCRS
|
+$131M |
| 3 |
Fidelity National Financial
FNF
|
+$130M |
| 4 |
Williams Companies
WMB
|
+$73.8M |
| 5 |
Walmart Inc
WMT
|
+$70.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.74% |
| 2 | Real Estate | 12.9% |
| 3 | Technology | 11.83% |
| 4 | Healthcare | 10.85% |
| 5 | Industrials | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.72T
| $921M | 1.56% |
36,547,416
-2,165,596
| -6% | -$53.1M |
|
2
Simon Property Group
SPG
$73B
| $699M | 1.19% |
4,248,416
+262,776
| +7% | +$44.2M |
|
|
3
Microsoft
MSFT
$2.83T
| $694M | 1.18% |
14,969,911
+3,151,637
| +27% | +$141M |
|
4
ExxonMobil
XOM
$650B
| $661M | 1.12% |
7,025,875
+41,480
| +0.6% | +$4.13M |
|
5
Wells Fargo
WFC
$261B
| $617M | 1.05% |
11,903,087
+147,868
| +1% | +$7.61M |
|
6
Alphabet (Google) Class C
GOOG
$3.89T
| $530M | 0.9% |
18,222,332
+515,692
| +3% | +$14.9M |
|
7
Johnson & Johnson
JNJ
$624B
| $514M | 0.87% |
4,822,423
-53,912
| -1% | -$5.59M |
|
8
Brookfield
BN
$101B
| $476M | 0.81% |
45,226,201
-29,745
| -0.1% | -$320K |
|
9
Pfizer
PFE
$143B
| $471M | 0.8% |
16,773,746
+1,214,481
| +8% | +$34.1M |
|
10
O'Reilly Automotive
ORLY
$71.4B
| $399M | 0.68% |
39,800,670
-1,584,330
| -4% | -$16.2M |
|
11
Intel
INTC
$504B
| $374M | 0.63% |
10,740,417
+20,824
| +0.2% | +$705K |
|
12
Chevron
CVX
$387B
| $352M | 0.6% |
2,949,428
-242,752
| -8% | -$31M |
|
13
TJX Companies
TJX
$170B
| $349M | 0.59% |
11,786,292
+148,340
| +1% | +$4.18M |
|
14
JPMorgan Chase
JPM
$930B
| $344M | 0.58% |
5,710,252
+71,267
| +1% | +$4.17M |
|
15
Markel Group
MKL
$24.5B
| $334M | 0.57% |
525,799
+19,081
| +4% | +$12.3M |
|
|
GGP
16
DELISTED
GGP Inc.
GGP
| $332M | 0.56% |
14,095,569
-166,140
| -1% | -$3.98M |
|
17
ConocoPhillips
COP
$146B
| $327M | 0.55% |
4,274,426
+270,305
| +7% | +$22.1M |
|
18
GE Aerospace
GE
$362B
| $322M | 0.55% |
2,618,979
-65,659
| -2% | -$8.18M |
|
19
Verizon
VZ
$183B
| $317M | 0.54% |
6,344,326
-126,280
| -2% | -$6.28M |
|
20
Berkshire Hathaway Class B
BRK.B
$1.06T
| $317M | 0.54% |
2,294,654
+51,030
| +2% | +$6.8M |
|
21
Comcast
CMCSA
$78.3B
| $308M | 0.52% |
11,457,360
-423,206
| -4% | -$11.6M |
|
|
22
Bank of America
BAC
$430B
| $306M | 0.52% |
17,952,337
+6,018,239
| +50% | +$95.8M |
|
23
Gilead Sciences
GILD
$162B
| $301M | 0.51% |
2,830,873
+152,146
| +6% | +$14.9M |
|
24
Procter & Gamble
PG
$342B
| $300M | 0.51% |
3,580,686
-35,294
| -1% | -$2.89M |
|
25
Air Products & Chemicals
APD
$65.5B
| $299M | 0.51% |
2,483,992
-17,537
| -0.7% | -$2.14M |
|
Similar funds
Principal Financial Group's Q3 2014 Portfolio in Review
As of Q3 2014, Principal Financial Group held 2,295 positions worth $58.9B, down 0.89% from $59.5B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q3 2014 filing shows 54 new, 1,104 increased, 795 reduced and 91 closed positions. Its largest new stake was Teva Pharmaceuticals: 181,727 shares worth $9.77M. The largest sale was Liberty Media Series A, an estimated $200M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q3 2014 buy was Teva Pharmaceuticals: 181,727 shares worth $9.77M.
- Principal Financial Group added most to Microsoft in Q3 2014, an estimated $141M increase.
- Principal Financial Group's biggest Q3 2014 reduction was Liberty Media Series A, cutting an estimated $200M.
- Principal Financial Group fully exited MICROS SYSTEMS INC in Q3 2014, selling an estimated $131M.
- Principal Financial Group's ten largest holdings make up 10% of its $58.9B portfolio in Q3 2014.
- Principal Financial Group opened 54 new positions and closed 91 in Q3 2014.
- Principal Financial Group's portfolio value fell 0.89% quarter-over-quarter to $58.9B.
Based on Principal Financial Group's 13F filing for Q3 2014, filed 13 Nov 2014.