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 |
S&P Global
SPGI
|
+$343M |
| 2 |
LSXMK
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
|
+$165M |
| 3 |
Entergy
ETR
|
+$119M |
| 4 |
Murphy Oil
MUR
|
+$118M |
| 5 |
DHC
Diversified Healthcare Trust
DHC
|
+$86.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$325M |
| 2 |
Becton Dickinson
BDX
|
+$153M |
| 3 |
TJX Companies
TJX
|
+$135M |
| 4 |
Crown Castle
CCI
|
+$133M |
| 5 |
Public Service Enterprise Group
PEG
|
+$119M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.25% |
| 2 | Financials | 16.06% |
| 3 | Technology | 11.26% |
| 4 | Healthcare | 10.24% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Simon Property Group
SPG
$73B
| $1.22B | 1.7% |
5,617,549
+133,773
| +2% | +$27.3M |
|
2
Apple
AAPL
$4.72T
| $826M | 1.15% |
34,548,560
-2,028,444
| -6% | -$50.4M |
|
3
ExxonMobil
XOM
$650B
| $780M | 1.09% |
8,319,413
+521,438
| +7% | +$46.1M |
|
4
Microsoft
MSFT
$2.83T
| $774M | 1.08% |
15,127,713
-230,493
| -2% | -$12M |
|
5
Brookfield
BN
$101B
| $750M | 1.05% |
63,538,832
+1,161,445
| +2% | +$13.9M |
|
6
Equinix
EQIX
$102B
| $629M | 0.88% |
1,621,381
+65,182
| +4% | +$22.7M |
|
7
Johnson & Johnson
JNJ
$624B
| $569M | 0.79% |
4,688,080
+235,123
| +5% | +$26.7M |
|
8
JPMorgan Chase
JPM
$930B
| $567M | 0.79% |
9,123,876
+614,985
| +7% | +$38.4M |
|
9
Aon
AON
$76B
| $565M | 0.79% |
5,172,874
-133,759
| -3% | -$14.1M |
|
10
Markel Group
MKL
$24.5B
| $561M | 0.78% |
588,548
-14,880
| -2% | -$13.9M |
|
11
SBA Communications
SBAC
$18.5B
| $560M | 0.78% |
5,186,970
+624,846
| +14% | +$63.4M |
|
12
Amazon
AMZN
$2.51T
| $516M | 0.72% |
14,424,840
+694,460
| +5% | +$23.5M |
|
13
Welltower
WELL
$174B
| $503M | 0.7% |
6,609,987
+97,537
| +1% | +$6.93M |
|
14
TransDigm Group
TDG
$67.9B
| $500M | 0.7% |
1,897,665
+82,334
| +5% | +$20.1M |
|
15
Berkshire Hathaway Class B
BRK.B
$1.06T
| $493M | 0.69% |
3,405,837
+151,046
| +5% | +$21.6M |
|
16
Pfizer
PFE
$143B
| $483M | 0.67% |
14,451,218
-3,311,669
| -19% | -$106M |
|
17
AT&T
T
$157B
| $480M | 0.67% |
14,704,831
+859,865
| +6% | +$25.6M |
|
18
Zoetis
ZTS
$31.3B
| $469M | 0.65% |
9,890,168
+92,034
| +0.9% | +$4.35M |
|
19
Meta Platforms (Facebook)
META
$1.54T
| $464M | 0.65% |
4,063,177
+243,319
| +6% | +$28M |
|
20
GE Aerospace
GE
$362B
| $462M | 0.64% |
3,059,048
-75,943
| -2% | -$11.1M |
|
21
Wells Fargo
WFC
$261B
| $461M | 0.64% |
9,746,377
-521,222
| -5% | -$25.4M |
|
22
AvalonBay Communities
AVB
$27.3B
| $455M | 0.63% |
2,521,450
+51,189
| +2% | +$9.22M |
|
23
Dollar Tree
DLTR
$22.6B
| $452M | 0.63% |
4,795,123
+483,012
| +11% | +$40.9M |
|
24
Essex Property Trust
ESS
$18.8B
| $446M | 0.62% |
1,954,040
-23,529
| -1% | -$5.25M |
|
25
Moody's
MCO
$82.5B
| $443M | 0.62% |
4,724,417
+491,476
| +12% | +$47.5M |
|
Similar funds
Principal Financial Group's Q2 2016 Portfolio in Review
As of Q2 2016, Principal Financial Group held 2,278 positions worth $71.7B, up 4% from $68.9B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q2 2016 filing shows 102 new, 1,450 increased, 582 reduced and 117 closed positions. Its largest new stake was S&P Global: 3,198,270 shares worth $343M. The largest sale was MCGRAW-HILL FINANCIAL INC COM, an estimated $325M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q2 2016 buy was S&P Global: 3,198,270 shares worth $343M.
- Principal Financial Group added most to Entergy in Q2 2016, an estimated $119M increase.
- Principal Financial Group's biggest Q2 2016 reduction was Becton Dickinson, cutting an estimated $153M.
- Principal Financial Group fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $325M.
- Principal Financial Group's ten largest holdings make up 10% of its $71.7B portfolio in Q2 2016.
- Principal Financial Group opened 102 new positions and closed 117 in Q2 2016.
- Principal Financial Group's portfolio value rose 4% quarter-over-quarter to $71.7B.
Based on Principal Financial Group's 13F filing for Q2 2016, filed 9 Aug 2016.