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 |
iShares MBS ETF
MBB
|
$250M |
| 2 |
Host Hotels & Resorts
HST
|
$201M |
| 3 |
Wayfair
W
|
$173M |
| 4 |
AerCap
AER
|
$120M |
| 5 |
Fastenal
FAST
|
$104M |
Top Sells
| 1 |
SPDR Bloomberg High Yield Bond ETF
JNK
|
$223M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
$182M |
| 3 |
Apple
AAPL
|
$142M |
| 4 |
Scotiabank
BNS
|
$129M |
| 5 |
Applied Materials
AMAT
|
$111M |
Sector Composition
| 1 | Real Estate | 16.64% |
| 2 | Financials | 16.14% |
| 3 | Technology | 14.77% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.77T
| $2.11B | 1.86% | 15,194,970 -244,144 | -2% | -$33.9M |
|
|
2
Apple
AAPL
$3.45T
| $1.76B | 1.56% | 7,877,146 -635,666 | -7% | -$142M |
|
3
Amazon
AMZN
$2.44T
| $1.54B | 1.35% | 884,533 +4,834 | +0.5% | +$8.39M |
|
4
Brookfield
BN
$98.3B
| $1.19B | 1.05% | 22,365,767 -231,291 | -1% | -$12.3M |
|
5
TransDigm Group
TDG
$78.8B
| $1.15B | 1.02% | 2,213,762 -111,397 | -5% | -$58M |
|
6
Prologis
PLD
$106B
| $1.04B | 0.91% | 12,147,848 -250,158 | -2% | -$21.3M |
|
7
Equinix
EQIX
$76.9B
| $946M | 0.83% | 1,640,514 -130,623 | -7% | -$75.3M |
|
8
Hilton Worldwide
HLT
$64.9B
| $913M | 0.81% | 9,810,262 -682,926 | -7% | -$63.6M |
|
9
JPMorgan Chase
JPM
$829B
| $909M | 0.8% | 7,720,593 -93,068 | -1% | -$11M |
|
10
Alphabet (Google) Class C
GOOG
$2.58T
| $895M | 0.79% | 733,829 +3,580 | +0.5% | +$4.36M |
|
11
Berkshire Hathaway Class B
BRK.B
$1.09T
| $882M | 0.78% | 4,239,071 +133,633 | +3% | +$27.8M |
|
12
AvalonBay Communities
AVB
$27.9B
| $879M | 0.78% | 4,083,198 -152,818 | -4% | -$32.9M |
|
13
Meta Platforms (Facebook)
META
$1.86T
| $877M | 0.77% | 4,921,996 -119,395 | -2% | -$21.3M |
|
14
Fidelity National Financial
FNF
$16.3B
| $830M | 0.73% | 18,686,575 -228,973 | -1% | -$10.2M |
|
15
Welltower
WELL
$113B
| $799M | 0.7% | 8,808,834 -215,494 | -2% | -$19.5M |
|
16
Markel Group
MKL
$24.8B
| $798M | 0.7% | 675,554 -1,392 | -0.2% | -$1.65M |
|
17
Alexandria Real Estate Equities
ARE
$14.1B
| $794M | 0.7% | 5,156,914 -105,516 | -2% | -$16.3M |
|
18
SBA Communications
SBAC
$22B
| $756M | 0.67% | 3,134,576 -315,374 | -9% | -$76.1M |
|
19
Visa
V
$683B
| $721M | 0.64% | 4,190,109 -25,700 | -0.6% | -$4.42M |
|
20
CarMax
KMX
$9.21B
| $690M | 0.61% | 7,836,221 +2,401 | +0% | +$211K |
|
|
21
Alphabet (Google) Class A
GOOGL
$2.57T
| $686M | 0.61% | 561,891 +6,820 | +1% | +$8.33M |
|
22
Invitation Homes
INVH
$19.2B
| $686M | 0.6% | 23,154,192 -746,358 | -3% | -$22.1M |
|
23
Restaurant Brands International
QSR
$20.8B
| $680M | 0.6% | 9,555,988 -239,304 | -2% | -$17M |
|
24
O'Reilly Automotive
ORLY
$88B
| $664M | 0.59% | 1,666,355 -6,492 | -0.4% | -$2.59M |
|
25
Essex Property Trust
ESS
$17.4B
| $626M | 0.55% | 1,917,040 -89,039 | -4% | -$29.1M |
|