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 |
Sherwin-Williams
SHW
|
+$115M |
| 2 |
SFR
Starwood Waypoint Homes
SFR
|
+$92.6M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$78.1M |
| 4 |
Charter Communications
CHTR
|
+$76.9M |
| 5 |
DHC
Diversified Healthcare Trust
DHC
|
+$69.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equity Residential
EQR
|
+$137M |
| 2 |
Entergy
ETR
|
+$109M |
| 3 |
QVCGA
QVC Group Inc Series A
QVCGA
|
+$102M |
| 4 |
PayPal
PYPL
|
+$90.5M |
| 5 |
Kimco Realty
KIM
|
+$75.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 16.8% |
| 2 | Financials | 16.34% |
| 3 | Technology | 11.84% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Healthcare | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Simon Property Group
SPG
$73B
| $1.19B | 1.56% |
5,744,554
+127,005
| +2% | +$27.5M |
|
2
Apple
AAPL
$4.72T
| $951M | 1.25% |
33,633,440
-915,120
| -3% | -$24.2M |
|
3
Brookfield
BN
$101B
| $857M | 1.13% |
68,241,268
+4,702,436
| +7% | +$57.6M |
|
4
Microsoft
MSFT
$2.83T
| $822M | 1.08% |
14,263,782
-863,931
| -6% | -$48.8M |
|
5
ExxonMobil
XOM
$650B
| $766M | 1.01% |
8,781,200
+461,787
| +6% | +$41M |
|
6
Equinix
EQIX
$102B
| $636M | 0.84% |
1,765,138
+143,757
| +9% | +$53.3M |
|
7
Aon
AON
$76B
| $629M | 0.83% |
5,592,226
+419,352
| +8% | +$46.2M |
|
8
Amazon
AMZN
$2.51T
| $617M | 0.81% |
14,735,680
+310,840
| +2% | +$11.9M |
|
9
SBA Communications
SBAC
$18.5B
| $603M | 0.79% |
5,372,762
+185,792
| +4% | +$21M |
|
10
JPMorgan Chase
JPM
$930B
| $602M | 0.79% |
9,046,309
-77,567
| -0.9% | -$5.06M |
|
11
TransDigm Group
TDG
$67.9B
| $565M | 0.74% |
1,955,149
+57,484
| +3% | +$16.1M |
|
12
Markel Group
MKL
$24.5B
| $564M | 0.74% |
607,699
+19,151
| +3% | +$17.9M |
|
13
Johnson & Johnson
JNJ
$624B
| $553M | 0.73% |
4,681,032
-7,048
| -0.2% | -$855K |
|
14
Berkshire Hathaway Class B
BRK.B
$1.06T
| $550M | 0.72% |
3,808,532
+402,695
| +12% | +$58.9M |
|
15
Moody's
MCO
$82.5B
| $530M | 0.7% |
4,891,122
+166,705
| +4% | +$17.5M |
|
16
Welltower
WELL
$174B
| $530M | 0.7% |
7,081,922
+471,935
| +7% | +$36.1M |
|
17
Meta Platforms (Facebook)
META
$1.54T
| $525M | 0.69% |
4,095,453
+32,276
| +0.8% | +$4.01M |
|
18
Zoetis
ZTS
$31.3B
| $521M | 0.69% |
10,016,876
+126,708
| +1% | +$6.41M |
|
19
Prologis
PLD
$135B
| $497M | 0.65% |
9,283,155
+590,455
| +7% | +$31.2M |
|
20
AvalonBay Communities
AVB
$27.3B
| $489M | 0.64% |
2,751,314
+229,864
| +9% | +$41.4M |
|
21
Pfizer
PFE
$143B
| $479M | 0.63% |
14,911,468
+460,250
| +3% | +$15.4M |
|
22
Essex Property Trust
ESS
$18.8B
| $462M | 0.61% |
2,076,055
+122,015
| +6% | +$27.8M |
|
23
Cisco
CSCO
$444B
| $459M | 0.6% |
14,475,527
-208,218
| -1% | -$6.4M |
|
24
AT&T
T
$157B
| $459M | 0.6% |
14,957,011
+252,180
| +2% | +$7.97M |
|
25
Alphabet (Google) Class C
GOOG
$3.89T
| $451M | 0.59% |
11,609,020
-29,720
| -0.3% | -$1.13M |
|
Similar funds
Principal Financial Group's Q3 2016 Portfolio in Review
As of Q3 2016, Principal Financial Group held 2,256 positions worth $76B, up 6.1% from $71.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Principal Financial Group's Q3 2016 filing shows 95 new, 1,559 increased, 450 reduced and 92 closed positions. Its largest new stake was IHS Markit Ltd. Common Shares: 1,179,114 shares worth $44.3M. The largest sale was Equity Residential, an estimated $137M.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, down from 17% a quarter earlier, followed by Financials and Technology.
- Principal Financial Group's largest Q3 2016 buy was IHS Markit Ltd. Common Shares: 1,179,114 shares worth $44.3M.
- Principal Financial Group added most to Sherwin-Williams in Q3 2016, an estimated $115M increase.
- Principal Financial Group's biggest Q3 2016 reduction was Equity Residential, cutting an estimated $137M.
- Principal Financial Group fully exited EMC CORPORATION in Q3 2016, selling an estimated $74.2M.
- Principal Financial Group's ten largest holdings make up 10% of its $76B portfolio in Q3 2016.
- Principal Financial Group opened 95 new positions and closed 92 in Q3 2016.
- Principal Financial Group's portfolio value rose 6.1% quarter-over-quarter to $76B.
Based on Principal Financial Group's 13F filing for Q3 2016, filed 10 Nov 2016.