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 |
NVIDIA
NVDA
|
$3.8B |
| 2 |
Equity Residential
EQR
|
$411M |
| 3 |
Cadence Design Systems
CDNS
|
$345M |
| 4 |
MSCI
MSCI
|
$300M |
| 5 |
Equinix
EQIX
|
$181M |
Top Sells
| 1 |
Union Pacific
UNP
|
$403M |
| 2 |
TransDigm Group
TDG
|
$264M |
| 3 |
AIRC
Apartment Income REIT Corp.
AIRC
|
$238M |
| 4 |
Essex Property Trust
ESS
|
$205M |
| 5 |
Progressive
PGR
|
$181M |
Sector Composition
| 1 | Technology | 20.77% |
| 2 | Financials | 15.31% |
| 3 | Real Estate | 13.85% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Industrials | 10.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.77T
| $6.77B | 4.02% | 15,149,104 -178,170 | -1% | -$79.6M |
|
2
Apple
AAPL
$3.45T
| $4.28B | 2.54% | 20,309,606 -64,191 | -0.3% | -$13.5M |
|
|
3
NVIDIA
NVDA
$4.25T
| $4.24B | 2.52% | 34,341,377 +30,758,341 | +858% | +$3.8B |
|
4
Amazon
AMZN
$2.44T
| $3.71B | 2.2% | 19,181,744 -233,236 | -1% | -$45.1M |
|
|
5
TransDigm Group
TDG
$78.8B
| $2.55B | 1.52% | 1,999,758 -206,361 | -9% | -$264M |
|
6
Brookfield
BN
$98.3B
| $2.53B | 1.5% | 60,858,459 -1,222,170 | -2% | -$50.8M |
|
7
KKR & Co
KKR
$124B
| $2.29B | 1.36% | 21,775,668 -872,731 | -4% | -$91.8M |
|
8
Copart
CPRT
$47.2B
| $2.05B | 1.22% | 37,934,659 -1,298,236 | -3% | -$70.3M |
|
9
Hilton Worldwide
HLT
$64.9B
| $2.04B | 1.21% | 9,326,879 +190,429 | +2% | +$41.6M |
|
10
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.99B | 1.18% | 10,946,563 -486,663 | -4% | -$88.6M |
|
|
11
Alphabet (Google) Class C
GOOG
$2.58T
| $1.97B | 1.17% | 10,759,314 +189,404 | +2% | +$34.7M |
|
12
O'Reilly Automotive
ORLY
$88B
| $1.95B | 1.16% | 1,850,655 +57,194 | +3% | +$60.4M |
|
13
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
$3.41B
| $1.91B | 1.13% | 35,222,823 +120,831 | +0.3% | +$6.54M |
|
14
HEICO Class A
HEI.A
$34.1B
| $1.9B | 1.13% | 10,699,609 -160,037 | -1% | -$28.4M |
|
15
American Tower
AMT
$95.5B
| $1.71B | 1.01% | 8,775,614 -19,162 | -0.2% | -$3.72M |
|
16
Meta Platforms (Facebook)
META
$1.86T
| $1.6B | 0.95% | 3,163,949 -41,738 | -1% | -$21M |
|
17
Roper Technologies
ROP
$56.6B
| $1.51B | 0.9% | 2,683,909 +102,199 | +4% | +$57.6M |
|
18
CoStar Group
CSGP
$37.9B
| $1.44B | 0.85% | 19,370,975 -221,206 | -1% | -$16.4M |
|
|
19
Equinix
EQIX
$76.9B
| $1.43B | 0.85% | 1,888,191 +238,883 | +14% | +$181M |
|
20
Visa
V
$683B
| $1.4B | 0.83% | 5,322,074 +53,731 | +1% | +$14.1M |
|
21
Prologis
PLD
$106B
| $1.38B | 0.82% | 12,265,926 +167,131 | +1% | +$18.8M |
|
22
Welltower
WELL
$113B
| $1.3B | 0.77% | 12,439,176 -19,449 | -0.2% | -$2.03M |
|
|
23
Progressive
PGR
$145B
| $1.28B | 0.76% | 6,154,900 -869,696 | -12% | -$181M |
|
24
Mastercard
MA
$538B
| $1.28B | 0.76% | 2,893,073 +104,570 | +4% | +$46.1M |
|
25
Brown & Brown
BRO
$32B
| $1.14B | 0.68% | 12,804,979 +86,824 | +0.7% | +$7.76M |
|