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 Core S&P 500 ETF
IVV
|
$742M |
| 2 |
Healthpeak Properties
DOC
|
$351M |
| 3 |
Arthur J. Gallagher & Co
AJG
|
$317M |
| 4 |
Equity Lifestyle Properties
ELS
|
$256M |
| 5 |
TransDigm Group
TDG
|
$235M |
Top Sells
| 1 |
Adobe
ADBE
|
$508M |
| 2 |
SBA Communications
SBAC
|
$445M |
| 3 |
Brookfield
BN
|
$391M |
| 4 |
Alexandria Real Estate Equities
ARE
|
$291M |
| 5 |
Sun Communities
SUI
|
$288M |
Sector Composition
| 1 | Technology | 20.2% |
| 2 | Financials | 16.62% |
| 3 | Real Estate | 12.83% |
| 4 | Consumer Discretionary | 11.84% |
| 5 | Industrials | 10.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.77T
| $6.58B | 3.58% | 15,599,352 -51,706 | -0.3% | -$21.8M |
|
2
Apple
AAPL
$3.45T
| $5.44B | 2.97% | 21,727,015 -159,653 | -0.7% | -$40M |
|
3
NVIDIA
NVDA
$4.25T
| $4.74B | 2.58% | 35,261,512 -365,762 | -1% | -$49.1M |
|
4
Amazon
AMZN
$2.44T
| $4.36B | 2.38% | 19,861,019 -305,295 | -2% | -$67M |
|
|
5
Brookfield
BN
$98.3B
| $3B | 1.64% | 52,285,987 -6,805,668 | -12% | -$391M |
|
6
KKR & Co
KKR
$124B
| $2.8B | 1.53% | 18,928,806 -1,758,453 | -9% | -$260M |
|
|
7
TransDigm Group
TDG
$78.8B
| $2.69B | 1.47% | 2,126,274 +185,422 | +10% | +$235M |
|
8
Hilton Worldwide
HLT
$64.9B
| $2.57B | 1.4% | 10,391,135 -365,281 | -3% | -$90.3M |
|
9
Copart
CPRT
$47.2B
| $2.19B | 1.19% | 38,159,690 -716,827 | -2% | -$41.1M |
|
10
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.17B | 1.19% | 11,486,549 +202,955 | +2% | +$38.4M |
|
11
O'Reilly Automotive
ORLY
$88B
| $2.13B | 1.16% | 1,792,969 -31,910 | -2% | -$37.8M |
|
|
12
Alphabet (Google) Class C
GOOG
$2.58T
| $1.98B | 1.08% | 10,410,931 -613,345 | -6% | -$117M |
|
13
Meta Platforms (Facebook)
META
$1.86T
| $1.96B | 1.07% | 3,345,656 -22,705 | -0.7% | -$13.3M |
|
14
HEICO Class A
HEI.A
$34.1B
| $1.95B | 1.07% | 10,502,755 -103,086 | -1% | -$19.2M |
|
15
Broadcom
AVGO
$1.4T
| $1.87B | 1.02% | 8,061,598 +879,189 | +12% | +$204M |
|
16
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
$3.41B
| $1.86B | 1.01% | 31,076,346 -2,616,046 | -8% | -$157M |
|
17
Equinix
EQIX
$76.9B
| $1.83B | 1% | 1,938,572 +44,471 | +2% | +$41.9M |
|
18
Visa
V
$683B
| $1.73B | 0.94% | 5,474,710 -258,574 | -5% | -$81.7M |
|
19
Vulcan Materials
VMC
$38.5B
| $1.56B | 0.85% | 6,062,201 +741,631 | +14% | +$191M |
|
20
Tesla
TSLA
$1.08T
| $1.53B | 0.83% | 3,784,601 +134,208 | +4% | +$54.2M |
|
21
Welltower
WELL
$113B
| $1.5B | 0.82% | 11,908,639 -266,153 | -2% | -$33.5M |
|
22
Mastercard
MA
$538B
| $1.48B | 0.8% | 2,801,602 -230,313 | -8% | -$121M |
|
23
Netflix
NFLX
$513B
| $1.42B | 0.77% | 1,590,298 -102,265 | -6% | -$91.2M |
|
24
CoStar Group
CSGP
$37.9B
| $1.37B | 0.75% | 19,186,275 -201,244 | -1% | -$14.4M |
|
25
Roper Technologies
ROP
$56.6B
| $1.35B | 0.73% | 2,592,118 -96,515 | -4% | -$50.2M |
|