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 |
PIEQ
Principal International Equity ETF
PIEQ
|
+$636M |
| 2 |
Entegris
ENTG
|
+$355M |
| 3 |
LPL Financial
LPLA
|
+$338M |
| 4 |
Air Products & Chemicals
APD
|
+$327M |
| 5 |
Simon Property Group
SPG
|
+$320M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intuit
INTU
|
+$575M |
| 2 |
Autodesk
ADSK
|
+$415M |
| 3 |
Microchip Technology
MCHP
|
+$391M |
| 4 |
Terreno Realty
TRNO
|
+$202M |
| 5 |
NNN REIT
NNN
|
+$193M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.17% |
| 2 | Financials | 16.92% |
| 3 | Real Estate | 13.31% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 10.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Lincoln National
LNC
$9B
| $108M | 0.06% |
3,016,414
-128,235
| -4% | -$4.55M |
|
252
Micron Technology
MU
$1.01T
| $108M | 0.06% |
1,246,067
-1,322
| -0.1% | -$127K |
|
253
Constellation Energy
CEG
$95.4B
| $108M | 0.06% |
536,130
-78,561
| -13% | -$21.1M |
|
254
Veralto
VLTO
$23.5B
| $108M | 0.06% |
1,108,382
-21,537
| -2% | -$2.15M |
|
255
Waste Management
WM
$90B
| $107M | 0.06% |
460,940
-7,516
| -2% | -$1.66M |
|
256
Church & Dwight Co
CHD
$24.4B
| $107M | 0.06% |
968,532
+252,528
| +35% | +$27M |
|
257
SAP
SAP
$226B
| $106M | 0.06% |
394,994
-124,107
| -24% | -$33.8M |
|
258
Aon
AON
$75.7B
| $106M | 0.06% |
265,462
-1,912
| -0.7% | -$733K |
|
259
Invesco S&P 500 Pure Value ETF
RPV
$1.68B
| $106M | 0.06% |
1,146,183
| – | – |
|
260
Weyerhaeuser
WY
$18.6B
| $106M | 0.06% |
3,611,765
+8,328
| +0.2% | +$248K |
|
261
Stride
LRN
$3.42B
| $106M | 0.06% |
834,312
-31,870
| -4% | -$4.03M |
|
262
Cigna
CI
$72.4B
| $105M | 0.06% |
318,751
-1,157
| -0.4% | -$349K |
|
263
Kinder Morgan
KMI
$69.9B
| $105M | 0.06% |
3,669,592
+1,410,089
| +62% | +$39M |
|
|
264
Terreno Realty
TRNO
$7.44B
| $104M | 0.06% |
1,652,319
-3,114,171
| -65% | -$202M |
|
265
Mondelez International
MDLZ
$79.2B
| $104M | 0.06% |
1,537,422
-26,425
| -2% | -$1.63M |
|
266
Zai Lab
ZLAB
$2.09B
| $104M | 0.06% |
2,884,810
+1,121,856
| +64% | +$34.5M |
|
267
Cullen/Frost Bankers
CFR
$10.5B
| $102M | 0.06% |
811,635
-10,797
| -1% | -$1.45M |
|
268
Monolithic Power Systems
MPWR
$65.6B
| $101M | 0.06% |
174,642
+231
| +0.1% | +$146K |
|
269
Performance Food Group
PFGC
$17.7B
| $101M | 0.06% |
1,285,884
-53,572
| -4% | -$4.47M |
|
270
Snap-on
SNA
$21.6B
| $101M | 0.06% |
298,869
-805
| -0.3% | -$274K |
|
271
Ingredion
INGR
$6.6B
| $100M | 0.06% |
742,188
-11,492
| -2% | -$1.52M |
|
272
Cintas
CTAS
$81.5B
| $100M | 0.06% |
486,489
-28,439
| -6% | -$5.67M |
|
273
CrowdStrike
CRWD
$215B
| $99.6M | 0.06% |
1,129,480
+41,160
| +4% | +$3.92M |
|
|
GTLS
274
DELISTED
Chart Industries
GTLS
| $99.4M | 0.06% |
688,601
-31,122
| -4% | -$5.73M |
|
275
Essential Properties Realty Trust
EPRT
$6.64B
| $99.1M | 0.06% |
3,035,196
+86,244
| +3% | +$2.74M |
|
Similar funds
Principal Financial Group's Q1 2025 Portfolio in Review
As of Q1 2025, Principal Financial Group held 2,246 positions worth $178B, down 2.8% from $183B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Principal Financial Group's Q1 2025 filing shows 38 new, 1,302 increased, 816 reduced and 75 closed positions. Its largest new stake was Atour Lifestyle Holdings: 2,409,952 shares worth $68.3M. The largest sale was Intuit, an estimated $575M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 20% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2025 buy was Atour Lifestyle Holdings: 2,409,952 shares worth $68.3M.
- Principal Financial Group added most to Principal International Equity ETF in Q1 2025, an estimated $636M increase.
- Principal Financial Group's biggest Q1 2025 reduction was Intuit, cutting an estimated $575M.
- Principal Financial Group fully exited Retail Opportunity Investments Corp. in Q1 2025, selling an estimated $102M.
- Principal Financial Group's ten largest holdings make up 19% of its $178B portfolio in Q1 2025.
- Principal Financial Group opened 38 new positions and closed 75 in Q1 2025.
- Principal Financial Group's portfolio value fell 2.8% quarter-over-quarter to $178B.
Based on Principal Financial Group's 13F filing for Q1 2025, filed 28 Apr 2025.