Principal Financial Group Inc Buys First Republic Bank, Hilton Worldwide Holdings Inc, Assured Guaranty, Sells Validus Holdings, Colony NorthStar Inc, Loews Corp

• New Purchases: EHC, BSMX, SYNH, GTES, SFNC, GDEN, GNL, MOD, SBCF, VICI,
• Added Positions: FRC, BAM, EQIX, HLT, AGO, BKI, EPR, INTC, IT, AMT,
• Reduced Positions: CLNS, L, FCE.A, WTM, BAC, CMCSA, CMI, FIS, MTB, NKTR,
• Sold Out: VR, ARCC, SNI, HTHT, 9FSA, BIVV, CAA, LNCE, NXRT, DEL,

For the details of PRINCIPAL FINANCIAL GROUP INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PRINCIPAL+FINANCIAL+GROUP+INC

1. Apple Inc (AAPL) - 10,227,140 shares, 1.64% of the total portfolio. Shares added by 0.05%
2. Microsoft Corp (MSFT) - 16,594,679 shares, 1.45% of the total portfolio. Shares added by 2.08%
3. Amazon.com Inc (AMZN) - 868,340 shares, 1.2% of the total portfolio. Shares added by 1.33%
4. Brookfield Asset Management Inc (BAM) - 27,657,747 shares, 1.03% of the total portfolio. Shares added by 9.03%
5. JPMorgan Chase & Co (JPM) - 9,025,754 shares, 0.95% of the total portfolio. Shares reduced by 2.77%

Principal Financial Group Inc initiated holding in Encompass Health Corp. The purchase prices were between $49.41 and $58.57, with an estimated average price of $53.85. The stock is now traded at around $63.19. The impact to a portfolio due to this purchase was 0.07%. The holding were 1,340,413 shares as of 2018-03-31.

Principal Financial Group Inc initiated holding in Banco Santander Mexico SA. The purchase prices were between $6.78 and $8.08, with an estimated average price of $7.39. The stock is now traded at around $6.49. The impact to a portfolio due to this purchase was 0.03%. The holding were 4,454,373 shares as of 2018-03-31.

Principal Financial Group Inc initiated holding in Syneos Health Inc. The purchase prices were between $31.7 and $44.1, with an estimated average price of $39.25. The stock is now traded at around $40.95. The impact to a portfolio due to this purchase was 0.02%. The holding were 718,240 shares as of 2018-03-31.

Principal Financial Group Inc initiated holding in Simmons First National Corp. The purchase prices were between $28 and $30.75, with an estimated average price of $29.27. The stock is now traded at around $31.35. The impact to a portfolio due to this purchase was 0.02%. The holding were 609,471 shares as of 2018-03-31.

Principal Financial Group Inc initiated holding in Gates Industrial Corp PLC. The purchase prices were between $16.94 and $19.72, with an estimated average price of $18.02. The stock is now traded at around $15.91. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,066,384 shares as of 2018-03-31.

Principal Financial Group Inc initiated holding in Global Net Lease Inc. The purchase prices were between $15.64 and $20.57, with an estimated average price of $17.58. The stock is now traded at around $18.89. The impact to a portfolio due to this purchase was 0.01%. The holding were 516,120 shares as of 2018-03-31.

Principal Financial Group Inc added to a holding in First Republic Bank by 15027.73%. The purchase prices were between $84.96 and $98.78, with an estimated average price of $92.18. The stock is now traded at around $99.75. The impact to a portfolio due to this purchase was 0.12%. The holding were 1,349,696 shares as of 2018-03-31.

Principal Financial Group Inc added to a holding in Hilton Worldwide Holdings Inc by 24.19%. The purchase prices were between $78.17 and $87.69, with an estimated average price of $82.11. The stock is now traded at around $83.92. The impact to a portfolio due to this purchase was 0.08%. The holding were 5,531,823 shares as of 2018-03-31.

Principal Financial Group Inc added to a holding in Assured Guaranty Ltd by 12329.86%. The purchase prices were between $33.01 and $38.07, with an estimated average price of $35.23. The stock is now traded at around $36.16. The impact to a portfolio due to this purchase was 0.07%. The holding were 2,151,733 shares as of 2018-03-31.

Principal Financial Group Inc added to a holding in Black Knight Inc by 42.90%. The purchase prices were between $45.8 and $52.5, with an estimated average price of $48.51. The stock is now traded at around $49.90. The impact to a portfolio due to this purchase was 0.07%. The holding were 5,347,093 shares as of 2018-03-31.

Principal Financial Group Inc added to a holding in EPR Properties by 38.27%. The purchase prices were between $53.18 and $65.46, with an estimated average price of $58.06. The stock is now traded at around $60.29. The impact to a portfolio due to this purchase was 0.07%. The holding were 5,105,162 shares as of 2018-03-31.

Principal Financial Group Inc added to a holding in Gartner Inc by 22.62%. The purchase prices were between $113.41 and $142.14, with an estimated average price of $124.85. The stock is now traded at around $132.25. The impact to a portfolio due to this purchase was 0.07%. The holding were 3,589,077 shares as of 2018-03-31.

Principal Financial Group Inc sold out a holding in Validus Holdings Ltd. The sale prices were between $45.24 and $67.74, with an estimated average price of $62.96.

Principal Financial Group Inc sold out a holding in Ares Capital Corp. The sale prices were between $15.25 and $16.28, with an estimated average price of $15.85.

Principal Financial Group Inc sold out a holding in Banco Santander Mexico SA. The sale prices were between $6.1 and $6.4, with an estimated average price of $6.25.

Principal Financial Group Inc sold out a holding in Scripps Networks Interactive Inc. The sale prices were between $85.81 and $90.26, with an estimated average price of $88.01.

Principal Financial Group Inc sold out a holding in China Lodging Group Ltd. The sale prices were between $123.14 and $165.11, with an estimated average price of $146.21.

Principal Financial Group Inc sold out a holding in Snyder's-Lance Inc. The sale prices were between $49.85 and $50.17, with an estimated average price of $49.99.

Principal Financial Group Inc reduced to a holding in Loews Corp by 34.96%. The sale prices were between $46.05 and $53.46, with an estimated average price of $50.56. The stock is now traded at around $51.42. The impact to a portfolio due to this sale was -0.09%. Principal Financial Group Inc still held 3,650,241 shares as of 2018-03-31.

Principal Financial Group Inc reduced to a holding in Colony NorthStar Inc by 99.43%. The sale prices were between $5.5 and $11.37, with an estimated average price of $8.14. The stock is now traded at around $5.87. The impact to a portfolio due to this sale was -0.09%. Principal Financial Group Inc still held 49,146 shares as of 2018-03-31.

Principal Financial Group Inc reduced to a holding in Forest City Realty Trust Inc by 47.57%. The sale prices were between $19.9 and $24.1, with an estimated average price of $22.27. The stock is now traded at around $19.64. The impact to a portfolio due to this sale was -0.08%. Principal Financial Group Inc still held 3,778,094 shares as of 2018-03-31.

Principal Financial Group Inc reduced to a holding in White Mountains Insurance Group Ltd by 60.5%. The sale prices were between $789.05 and $853.12, with an estimated average price of $825.48. The stock is now traded at around $890.78. The impact to a portfolio due to this sale was -0.07%. Principal Financial Group Inc still held 60,348 shares as of 2018-03-31.