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 | |
|---|---|---|---|---|---|---|
276
Williams-Sonoma
WSM
$29.3B
| $99M | 0.06% |
625,883
-393,251
| -39% | -$76M |
|
277
CVS Health
CVS
$133B
| $98.4M | 0.06% |
1,452,700
+29,278
| +2% | +$1.75M |
|
278
Broadridge
BR
$19.5B
| $98.2M | 0.06% |
404,830
+247,157
| +157% | +$58.2M |
|
279
3M
MMM
$93.6B
| $96.5M | 0.05% |
657,181
-71,571
| -10% | -$10.5M |
|
280
Quest Diagnostics
DGX
$25.8B
| $96.2M | 0.05% |
568,356
+24,884
| +5% | +$4.09M |
|
281
Workday
WDAY
$42.3B
| $95.3M | 0.05% |
408,267
+5,043
| +1% | +$1.29M |
|
282
Fidelity National Information Services
FIS
$22.9B
| $94.4M | 0.05% |
1,264,092
-47,524
| -4% | -$3.57M |
|
283
Nike
NKE
$61.6B
| $94.3M | 0.05% |
1,486,063
-120,407
| -7% | -$8.86M |
|
284
Principal Active High Yield ETF
YLD
$582M
| $93.5M | 0.05% |
2,607,556
+77,974
| +3% | +$1.5M |
|
285
Pinnacle Financial Partners Inc
PNFP
$16.5B
| $93.5M | 0.05% |
881,347
+32,975
| +4% | +$3.78M |
|
286
Graphic Packaging
GPK
$3.52B
| $93.4M | 0.05% |
3,596,150
+142,928
| +4% | +$3.82M |
|
287
Motorola Solutions
MSI
$73.5B
| $93.2M | 0.05% |
212,943
-1,495
| -0.7% | -$667K |
|
|
TMHC
288
DELISTED
Taylor Morrison
TMHC
| $93M | 0.05% |
1,549,348
-52,567
| -3% | -$3.27M |
|
289
Dycom Industries
DY
$12.5B
| $92.8M | 0.05% |
609,410
-21,082
| -3% | -$3.63M |
|
290
Mueller Water Products
MWA
$4.16B
| $92.8M | 0.05% |
3,651,340
+636,331
| +21% | +$16M |
|
291
American Water Works
AWK
$26.6B
| $91.8M | 0.05% |
622,020
+232,174
| +60% | +$30.6M |
|
|
PR
292
Permian Resources
PR
$17.2B
| $91.7M | 0.05% |
6,620,604
+1,647,487
| +33% | +$23.6M |
|
293
Williams Companies
WMB
$87.5B
| $91.5M | 0.05% |
1,530,614
-27,163
| -2% | -$1.55M |
|
294
Packaging Corp of America
PKG
$22.8B
| $90.9M | 0.05% |
458,861
-5,038
| -1% | -$1.08M |
|
295
Colgate-Palmolive
CL
$73.8B
| $90.5M | 0.05% |
965,984
-30,267
| -3% | -$2.71M |
|
296
United Parcel Service
UPS
$92.7B
| $89.9M | 0.05% |
816,940
-4,841
| -0.6% | -$579K |
|
297
SLB Ltd
SLB
$75.4B
| $89.8M | 0.05% |
2,148,460
-1,553,867
| -42% | -$63.7M |
|
298
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $89.1M | 0.05% |
820,000
+11,000
| +1% | +$1.19M |
|
299
NiSource
NI
$21.3B
| $88.7M | 0.05% |
2,213,552
-121,187
| -5% | -$4.67M |
|
300
AppFolio
APPF
$7.07B
| $88.4M | 0.05% |
401,888
+220,239
| +121% | +$50.5M |
|
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.