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 |
SPDR Bloomberg High Yield Bond ETF
JNK
|
$224M |
| 2 |
Cousins Properties
CUZ
|
$175M |
| 3 |
Americold
COLD
|
$147M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
$138M |
| 5 |
Domino's
DPZ
|
$129M |
Top Sells
| 1 |
DuPont de Nemours
DD
|
$230M |
| 2 |
SBA Communications
SBAC
|
$180M |
| 3 |
HPP
Hudson Pacific Properties
HPP
|
$138M |
| 4 |
Hilton Grand Vacations
HGV
|
$111M |
| 5 |
Prologis
PLD
|
$93.9M |
Sector Composition
| 1 | Financials | 16.16% |
| 2 | Real Estate | 15.93% |
| 3 | Technology | 14.95% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.77T
| $2.07B | 1.86% | 15,439,114 +133,925 | +0.9% | +$17.9M |
|
2
Apple
AAPL
$3.45T
| $1.68B | 1.52% | 8,512,812 -375,766 | -4% | -$74.4M |
|
3
Amazon
AMZN
$2.44T
| $1.67B | 1.5% | 879,699 -6,855 | -0.8% | -$13M |
|
4
TransDigm Group
TDG
$78.8B
| $1.12B | 1.01% | 2,325,159 -157,150 | -6% | -$76M |
|
5
Brookfield
BN
$98.3B
| $1.08B | 0.97% | 22,597,058 +116,136 | +0.5% | +$5.55M |
|
6
Hilton Worldwide
HLT
$64.9B
| $1.03B | 0.92% | 10,493,188 +28,199 | +0.3% | +$2.76M |
|
|
7
Prologis
PLD
$106B
| $993M | 0.89% | 12,398,006 -1,171,694 | -9% | -$93.9M |
|
8
Meta Platforms (Facebook)
META
$1.86T
| $973M | 0.87% | 5,041,391 +183,318 | +4% | +$35.4M |
|
9
Equinix
EQIX
$76.9B
| $893M | 0.8% | 1,771,137 -154,649 | -8% | -$78M |
|
10
Berkshire Hathaway Class B
BRK.B
$1.09T
| $875M | 0.79% | 4,105,438 +20,781 | +0.5% | +$4.43M |
|
11
JPMorgan Chase
JPM
$829B
| $874M | 0.79% | 7,813,661 -108,673 | -1% | -$12.1M |
|
12
AvalonBay Communities
AVB
$27.9B
| $861M | 0.77% | 4,236,016 +27,191 | +0.6% | +$5.52M |
|
13
Alphabet (Google) Class C
GOOG
$2.58T
| $789M | 0.71% | 730,249 +4,751 | +0.7% | +$5.14M |
|
|
14
SBA Communications
SBAC
$22B
| $776M | 0.7% | 3,449,950 -801,386 | -19% | -$180M |
|
15
Fidelity National Financial
FNF
$16.3B
| $762M | 0.69% | 18,915,548 +137,207 | +0.7% | +$5.53M |
|
16
Alexandria Real Estate Equities
ARE
$14.1B
| $742M | 0.67% | 5,262,430 +169,345 | +3% | +$23.9M |
|
17
Markel Group
MKL
$24.8B
| $738M | 0.66% | 676,946 +3,717 | +0.6% | +$4.05M |
|
18
Welltower
WELL
$113B
| $736M | 0.66% | 9,024,328 +305,010 | +3% | +$24.9M |
|
19
Visa
V
$683B
| $732M | 0.66% | 4,215,809 +25,935 | +0.6% | +$4.5M |
|
20
Simon Property Group
SPG
$59B
| $708M | 0.64% | 4,430,254 -456,681 | -9% | -$73M |
|
21
Restaurant Brands International
QSR
$20.8B
| $681M | 0.61% | 9,795,292 -116,087 | -1% | -$8.07M |
|
22
CarMax
KMX
$9.21B
| $680M | 0.61% | 7,833,820 -354,266 | -4% | -$30.8M |
|
23
Johnson & Johnson
JNJ
$427B
| $648M | 0.58% | 4,654,906 -380,933 | -8% | -$53.1M |
|
24
Invitation Homes
INVH
$19.2B
| $639M | 0.57% | 23,900,550 +483,958 | +2% | +$12.9M |
|
25
Mastercard
MA
$538B
| $620M | 0.56% | 2,343,039 -26,912 | -1% | -$7.12M |
|