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 |
O'Reilly Automotive
ORLY
|
+$160M |
| 2 |
DuPont de Nemours
DD
|
+$128M |
| 3 |
Healthpeak Properties
DOC
|
+$106M |
| 4 |
Gartner
IT
|
+$94.5M |
| 5 |
Air Products & Chemicals
APD
|
+$91.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$240M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$165M |
| 3 |
JPMorgan Chase
JPM
|
+$114M |
| 4 |
Welltower
WELL
|
+$110M |
| 5 |
Willis Towers Watson
WTW
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Real Estate | 14.57% |
| 3 | Technology | 11.95% |
| 4 | Consumer Discretionary | 10.63% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.72T
| $1.53B | 1.49% |
39,762,060
-2,568,468
| -6% | -$99.6M |
|
2
Microsoft
MSFT
$2.83T
| $1.17B | 1.14% |
15,741,826
-122,283
| -0.8% | -$8.93M |
|
3
Brookfield
BN
$101B
| $1.05B | 1.02% |
71,058,841
+484,733
| +0.7% | +$6.8M |
|
4
Simon Property Group
SPG
$73B
| $979M | 0.95% |
6,079,322
-33,419
| -0.5% | -$5.34M |
|
|
5
JPMorgan Chase
JPM
$930B
| $911M | 0.88% |
9,537,261
-1,235,632
| -11% | -$114M |
|
6
Aon
AON
$76B
| $878M | 0.85% |
6,006,773
-5,874
| -0.1% | -$820K |
|
7
Equinix
EQIX
$102B
| $847M | 0.82% |
1,898,601
+6,178
| +0.3% | +$2.77M |
|
8
Fidelity National Financial
FNF
$13.1B
| $831M | 0.81% |
25,223,138
-372,953
| -1% | -$12.2M |
|
9
Amazon
AMZN
$2.51T
| $812M | 0.79% |
16,887,600
+228,540
| +1% | +$11.2M |
|
10
SBA Communications
SBAC
$18.5B
| $799M | 0.77% |
5,544,265
-50,404
| -0.9% | -$7.18M |
|
11
Johnson & Johnson
JNJ
$624B
| $780M | 0.76% |
6,002,294
+193,032
| +3% | +$25.6M |
|
12
Berkshire Hathaway Class B
BRK.B
$1.06T
| $734M | 0.71% |
4,001,523
-64,027
| -2% | -$11.3M |
|
13
Meta Platforms (Facebook)
META
$1.54T
| $733M | 0.71% |
4,287,497
-13,936
| -0.3% | -$2.33M |
|
14
Moody's
MCO
$82.5B
| $714M | 0.69% |
5,128,216
+33,723
| +0.7% | +$4.43M |
|
15
Markel Group
MKL
$24.5B
| $710M | 0.69% |
665,259
+6,092
| +0.9% | +$6.3M |
|
16
CarMax
KMX
$8.29B
| $706M | 0.69% |
9,319,193
+142,175
| +2% | +$9.48M |
|
17
ExxonMobil
XOM
$650B
| $689M | 0.67% |
8,401,052
-402,129
| -5% | -$31.9M |
|
18
TransDigm Group
TDG
$67.9B
| $684M | 0.66% |
2,677,120
+35,010
| +1% | +$9.47M |
|
19
Prologis
PLD
$135B
| $659M | 0.64% |
10,377,260
+171,944
| +2% | +$10.6M |
|
20
Alphabet (Google) Class C
GOOG
$3.89T
| $653M | 0.63% |
13,616,560
+452,140
| +3% | +$21.1M |
|
|
21
Air Products & Chemicals
APD
$65.5B
| $630M | 0.61% |
4,165,311
+624,210
| +18% | +$91.4M |
|
22
Chevron
CVX
$387B
| $594M | 0.58% |
5,055,949
-356,618
| -7% | -$38.9M |
|
23
Essex Property Trust
ESS
$18.8B
| $591M | 0.57% |
2,328,165
+80,573
| +4% | +$21M |
|
24
Wells Fargo
WFC
$261B
| $568M | 0.55% |
10,297,127
-429,134
| -4% | -$22.8M |
|
|
25
O'Reilly Automotive
ORLY
$71.4B
| $556M | 0.54% |
38,747,100
+12,144,705
| +46% | +$160M |
|
Similar funds
Principal Financial Group's Q3 2017 Portfolio in Review
As of Q3 2017, Principal Financial Group held 2,305 positions worth $103B, up 3.3% from $99.8B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Principal Financial Group's Q3 2017 filing shows 56 new, 739 increased, 1,351 reduced and 102 closed positions. Its largest new stake was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M. The largest sale was AutoZone, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Real Estate and Technology.
- Principal Financial Group's largest Q3 2017 buy was Principal Spectrum Preferred Securities Active ETF: 1,245,020 shares worth $25.3M.
- Principal Financial Group added most to O'Reilly Automotive in Q3 2017, an estimated $160M increase.
- Principal Financial Group's biggest Q3 2017 reduction was AutoZone, cutting an estimated $240M.
- Principal Financial Group fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $165M.
- Principal Financial Group's ten largest holdings make up 9.5% of its $103B portfolio in Q3 2017.
- Principal Financial Group opened 56 new positions and closed 102 in Q3 2017.
- Principal Financial Group's portfolio value rose 3.3% quarter-over-quarter to $103B.
Based on Principal Financial Group's 13F filing for Q3 2017, filed 2 Nov 2017.