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 |
Signet Jewelers
SIG
|
+$194M |
| 2 |
Alexandria Real Estate Equities
ARE
|
+$145M |
| 3 |
Public Storage
PSA
|
+$138M |
| 4 |
SBA Communications
SBAC
|
+$102M |
| 5 |
Element Solutions
ESI
|
+$88.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Williams Companies
WMB
|
+$197M |
| 2 |
Vornado Realty Trust
VNO
|
+$153M |
| 3 |
Extra Space Storage
EXR
|
+$149M |
| 4 |
Kinder Morgan
KMI
|
+$148M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$97.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.84% |
| 2 | Real Estate | 13.83% |
| 3 | Technology | 11.7% |
| 4 | Healthcare | 11.51% |
| 5 | Consumer Discretionary | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.72T
| $1.12B | 1.68% |
35,875,588
+480,548
| +1% | +$15.4M |
|
2
Simon Property Group
SPG
$73B
| $886M | 1.32% |
5,119,250
-153,065
| -3% | -$28.1M |
|
3
ExxonMobil
XOM
$650B
| $692M | 1.03% |
8,312,406
+406,632
| +5% | +$35M |
|
4
Wells Fargo
WFC
$261B
| $683M | 1.02% |
12,149,009
-348,882
| -3% | -$19.5M |
|
5
Microsoft
MSFT
$2.83T
| $677M | 1.01% |
15,329,664
+98,376
| +0.6% | +$4.49M |
|
6
Brookfield
BN
$101B
| $662M | 0.99% |
53,987,934
+5,284,347
| +11% | +$67.3M |
|
7
JPMorgan Chase
JPM
$930B
| $578M | 0.86% |
8,527,598
-189,473
| -2% | -$12.4M |
|
8
Berkshire Hathaway Class B
BRK.B
$1.06T
| $573M | 0.85% |
4,207,628
+186,433
| +5% | +$26.6M |
|
9
Alphabet (Google) Class C
GOOG
$3.89T
| $571M | 0.85% |
21,536,580
+1,169,636
| +6% | +$31.3M |
|
10
Markel Group
MKL
$24.5B
| $483M | 0.72% |
602,805
+27,253
| +5% | +$21.2M |
|
11
Pfizer
PFE
$143B
| $473M | 0.71% |
14,876,229
-2,698,078
| -15% | -$87.9M |
|
12
O'Reilly Automotive
ORLY
$71.4B
| $452M | 0.67% |
29,997,180
+301,785
| +1% | +$4.48M |
|
13
Bausch Health
BHC
$1.66B
| $439M | 0.65% |
1,976,306
-412,451
| -17% | -$91.4M |
|
14
GE Aerospace
GE
$362B
| $411M | 0.61% |
3,226,089
+476,196
| +17% | +$61.8M |
|
15
Essex Property Trust
ESS
$18.8B
| $404M | 0.6% |
1,901,702
-5,309
| -0.3% | -$1.18M |
|
16
Johnson & Johnson
JNJ
$624B
| $401M | 0.6% |
4,119,485
-207,081
| -5% | -$20.7M |
|
17
Aon
AON
$76B
| $400M | 0.6% |
4,008,848
+267,808
| +7% | +$26.8M |
|
|
18
Public Storage
PSA
$58.8B
| $397M | 0.59% |
2,151,560
+720,848
| +50% | +$138M |
|
19
Air Products & Chemicals
APD
$65.5B
| $361M | 0.54% |
2,855,824
+177,204
| +7% | +$24.2M |
|
20
Ventas
VTR
$47.6B
| $353M | 0.53% |
4,972,687
+418,944
| +9% | +$32.7M |
|
21
Gilead Sciences
GILD
$162B
| $348M | 0.52% |
2,976,511
+370,309
| +14% | +$40.5M |
|
22
Moody's
MCO
$82.5B
| $342M | 0.51% |
3,166,221
+112,861
| +4% | +$12.2M |
|
23
TJX Companies
TJX
$170B
| $338M | 0.5% |
10,214,318
-1,079,918
| -10% | -$35.9M |
|
24
Prologis
PLD
$135B
| $318M | 0.47% |
8,566,364
+48,077
| +0.6% | +$1.96M |
|
25
Zoetis
ZTS
$31.3B
| $313M | 0.47% |
6,488,222
+479,246
| +8% | +$22.9M |
|
Similar funds
Principal Financial Group's Q2 2015 Portfolio in Review
As of Q2 2015, Principal Financial Group held 2,297 positions worth $67.1B, down 0.1% from $67.1B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q2 2015 filing shows 141 new, 1,017 increased, 1,005 reduced and 125 closed positions. Its largest new stake was KKR & Co: 2,168,556 shares worth $49.6M. The largest sale was Williams Companies, an estimated $197M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q2 2015 buy was KKR & Co: 2,168,556 shares worth $49.6M.
- Principal Financial Group added most to Signet Jewelers in Q2 2015, an estimated $194M increase.
- Principal Financial Group's biggest Q2 2015 reduction was Williams Companies, cutting an estimated $197M.
- Principal Financial Group fully exited Paramount Group in Q2 2015, selling an estimated $80.7M.
- Principal Financial Group's ten largest holdings make up 10% of its $67.1B portfolio in Q2 2015.
- Principal Financial Group opened 141 new positions and closed 125 in Q2 2015.
- Principal Financial Group's portfolio value fell 0.1% quarter-over-quarter to $67.1B.
Based on Principal Financial Group's 13F filing for Q2 2015, filed 10 Aug 2015.