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
| Rank | Stock | Value |
|---|---|---|
| 1 |
HDFC Bank
HDB
|
+$556M |
| 2 |
Nice
NICE
|
+$493M |
| 3 |
SUNB
Sunbelt Rentals Holdings
SUNB
|
+$464M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$453M |
| 5 |
Brookfield Asset Management
BAM
|
+$238M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hilton Worldwide
HLT
|
+$839M |
| 2 |
Domino's
DPZ
|
+$633M |
| 3 |
Roper Technologies
ROP
|
+$440M |
| 4 |
O'Reilly Automotive
ORLY
|
+$334M |
| 5 |
Liberty Media Series C
FWONK
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.41% |
| 2 | Financials | 14.41% |
| 3 | Real Estate | 11.67% |
| 4 | Industrials | 10.63% |
| 5 | Consumer Discretionary | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OKLO
1951
Oklo
OKLO
$7B
| $958K | ﹤0.01% |
19,309
+928
| +5% | +$66.7K |
|
1952
Pennant Group
PNTG
$1.43B
| $948K | ﹤0.01% |
31,103
-2,711
| -8% | -$83.8K |
|
1953
Zscaler
ZS
$23B
| $948K | ﹤0.01% |
6,757
+3,323
| +97% | +$589K |
|
1954
iRadimed
IRMD
$1.21B
| $937K | ﹤0.01% |
9,732
+1,245
| +15% | +$125K |
|
1955
Gorman-Rupp
GRC
$2.16B
| $923K | ﹤0.01% |
+14,853
| New | +$878K |
|
1956
Gray Television
GTN
$407M
| $913K | ﹤0.01% |
210,341
+69,603
| +49% | +$327K |
|
1957
Forum Energy Technologies
FET
$654M
| $912K | ﹤0.01% |
+15,550
| New | +$789K |
|
1958
Midland States Bancorp
MSBI
$669M
| $912K | ﹤0.01% |
+40,863
| New | +$913K |
|
1959
Royal Bank of Canada
RY
$291B
| $902K | ﹤0.01% |
5,600
-29,300
| -84% | -$4.9M |
|
1960
iShares MSCI USA Quality Factor ETF
QUAL
$45.8B
| $902K | ﹤0.01% |
4,701
| – | – |
|
1961
Riley Exploration Permian
REPX
$770M
| $900K | ﹤0.01% |
24,689
+5,395
| +28% | +$161K |
|
1962
Aveanna Healthcare
AVAH
$2.06B
| $895K | ﹤0.01% |
+138,913
| New | +$1.07M |
|
1963
Consensus Cloud Solutions
CCSI
$669M
| $890K | ﹤0.01% |
+37,492
| New | +$964K |
|
1964
SI-BONE Inc
SIBN
$737M
| $884K | ﹤0.01% |
70,027
+12,896
| +23% | +$202K |
|
|
VBIL
1965
Vanguard 0-3 Month Treasury Bill ETF
VBIL
$9.39B
| $879K | ﹤0.01% |
11,619
-31,444
| -73% | -$2.38M |
|
1966
Clearfield
CLFD
$421M
| $869K | ﹤0.01% |
32,824
-1,433
| -4% | -$43.7K |
|
1967
Great Southern Bancorp
GSBC
$863M
| $867K | ﹤0.01% |
+13,738
| New | +$859K |
|
1968
First Financial Corp
THFF
$922M
| $866K | ﹤0.01% |
13,699
+1,519
| +12% | +$96.6K |
|
1969
MannKind Corp
MNKD
$1.28B
| $863K | ﹤0.01% |
352,258
+18,429
| +6% | +$82.2K |
|
|
UDMY
1970
DELISTED
Udemy
UDMY
| $861K | ﹤0.01% |
+186,453
| New | +$920K |
|
1971
WesBanco
WSBC
$3.95B
| $859K | ﹤0.01% |
24,893
-4,555
| -15% | -$159K |
|
|
SOBO
1972
South Bow Corp
SOBO
$8.03B
| $851K | ﹤0.01% |
25,654
-5,300
| -17% | -$161K |
|
1973
iShares National Muni Bond ETF
MUB
$45.1B
| $849K | ﹤0.01% |
7,998
+4,966
| +164% | +$534K |
|
1974
Theravance Biopharma
TBPH
$874M
| $848K | ﹤0.01% |
+52,264
| New | +$925K |
|
1975
Shore Bancshares
SHBI
$790M
| $834K | ﹤0.01% |
+44,633
| New | +$831K |
|
Similar funds
Principal Financial Group's Q1 2026 Portfolio in Review
As of Q1 2026, Principal Financial Group held 2,308 positions worth $187B, down 4.4% from $196B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Principal Financial Group's Q1 2026 filing shows 128 new, 1,371 increased, 662 reduced and 131 closed positions. Its largest new stake was Sunbelt Rentals Holdings: 6,610,971 shares worth $427M. The largest sale was Hilton Worldwide, an estimated $839M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2026 buy was Sunbelt Rentals Holdings: 6,610,971 shares worth $427M.
- Principal Financial Group added most to HDFC Bank in Q1 2026, an estimated $556M increase.
- Principal Financial Group's biggest Q1 2026 reduction was Hilton Worldwide, cutting an estimated $839M.
- Principal Financial Group fully exited Globant in Q1 2026, selling an estimated $53.3M.
- Principal Financial Group's ten largest holdings make up 20% of its $187B portfolio in Q1 2026.
- Principal Financial Group opened 128 new positions and closed 131 in Q1 2026.
- Principal Financial Group's portfolio value fell 4.4% quarter-over-quarter to $187B.
Based on Principal Financial Group's 13F filing for Q1 2026, filed 4 May 2026.