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 |
Equity Residential
EQR
|
$255M |
| 2 |
Autodesk
ADSK
|
$107M |
| 3 |
WRK
WestRock Company
WRK
|
$93.8M |
| 4 |
DuPont de Nemours
DD
|
$91.5M |
| 5 |
Kroger
KR
|
$84.1M |
Top Sells
| 1 |
XEC
CIMAREX ENERGY CO
XEC
|
$132M |
| 2 |
Camden Property Trust
CPT
|
$124M |
| 3 |
Adobe
ADBE
|
$116M |
| 4 |
Bausch Health
BHC
|
$115M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$105M |
Sector Composition
| 1 | Financials | 17% |
| 2 | Real Estate | 15.4% |
| 3 | Technology | 11.63% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Healthcare | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $1.02B | 1.6% | 9,239,010 +270,113 | +3% | +$29.8M |
|
2
Simon Property Group
SPG
$59B
| $968M | 1.52% | 5,267,513 +148,263 | +3% | +$27.2M |
|
3
Alphabet (Google) Class C
GOOG
$2.58T
| $694M | 1.09% | 1,112,283 +35,454 | +3% | +$22.1M |
|
4
Brookfield
BN
$98.3B
| $674M | 1.06% | 21,452,485 +2,493,228 | +13% | +$78.4M |
|
5
Microsoft
MSFT
$3.77T
| $628M | 0.99% | 14,193,300 -1,136,364 | -7% | -$50.3M |
|
6
Wells Fargo
WFC
$263B
| $624M | 0.98% | 12,158,378 +9,369 | +0.1% | +$481K |
|
7
Exxon Mobil
XOM
$487B
| $582M | 0.91% | 7,821,708 -490,698 | -6% | -$36.5M |
|
|
8
Equity Residential
EQR
$25.3B
| $521M | 0.82% | 6,929,196 +3,395,082 | +96% | +$255M |
|
9
Public Storage
PSA
$51.7B
| $504M | 0.79% | 2,381,908 +230,348 | +11% | +$48.7M |
|
10
JPMorgan Chase
JPM
$829B
| $502M | 0.79% | 8,240,311 -287,287 | -3% | -$17.5M |
|
11
Markel Group
MKL
$24.8B
| $494M | 0.78% | 616,650 +13,845 | +2% | +$11.1M |
|
12
Pfizer
PFE
$141B
| $448M | 0.7% | 14,247,681 +133,612 | +0.9% | +$4.2M |
|
13
O'Reilly Automotive
ORLY
$88B
| $446M | 0.7% | 1,785,055 -214,757 | -11% | -$53.7M |
|
|
14
Berkshire Hathaway Class B
BRK.B
$1.09T
| $444M | 0.7% | 3,403,447 -804,181 | -19% | -$105M |
|
15
Essex Property Trust
ESS
$17.4B
| $441M | 0.69% | 1,973,285 +71,583 | +4% | +$16M |
|
16
Aon
AON
$79.1B
| $422M | 0.66% | 4,758,868 +750,020 | +19% | +$66.5M |
|
17
GE Aerospace
GE
$292B
| $390M | 0.61% | 15,474,803 +13,973 | +0.1% | +$352K |
|
18
Johnson & Johnson
JNJ
$427B
| $386M | 0.61% | 4,129,766 +10,281 | +0.2% | +$960K |
|
19
Cisco
CSCO
$274B
| $360M | 0.57% | 13,727,982 +2,503,260 | +22% | +$65.7M |
|
20
Prologis
PLD
$106B
| $345M | 0.54% | 8,869,179 +302,815 | +4% | +$11.8M |
|
21
Air Products & Chemicals
APD
$65.5B
| $343M | 0.54% | 2,690,840 +49,005 | +2% | +$6.25M |
|
22
AvalonBay Communities
AVB
$27.9B
| $336M | 0.53% | 1,923,295 +72,055 | +4% | +$12.6M |
|
23
Moody's
MCO
$91.4B
| $321M | 0.5% | 3,265,071 +98,850 | +3% | +$9.71M |
|
24
SBA Communications
SBAC
$22B
| $318M | 0.5% | 3,034,629 +511,748 | +20% | +$53.6M |
|
25
Gilead Sciences
GILD
$140B
| $317M | 0.5% | 3,227,804 +251,293 | +8% | +$24.7M |
|