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 | |
|---|---|---|---|---|---|---|
376
RadNet
RDNT
$5.44B
| $66.2M | 0.04% |
1,330,577
-110,872
| -8% | -$6.56M |
|
377
BellRing Brands
BRBR
$1.48B
| $66M | 0.04% |
886,867
-15,344
| -2% | -$1.13M |
|
378
Portland General Electric
POR
$5.89B
| $65.9M | 0.04% |
1,478,149
-47,616
| -3% | -$2.04M |
|
|
JHG
379
DELISTED
Janus Henderson
JHG
| $65.9M | 0.04% |
1,822,251
-90,097
| -5% | -$3.71M |
|
380
Deckers Outdoor
DECK
$13.6B
| $65.7M | 0.04% |
587,747
+88,179
| +18% | +$14.2M |
|
381
Phillips 66
PSX
$82.5B
| $65.6M | 0.04% |
531,381
+13,489
| +3% | +$1.66M |
|
382
Varonis Systems
VRNS
$4.98B
| $64.9M | 0.04% |
1,604,709
-80,396
| -5% | -$3.46M |
|
383
Newmont
NEM
$103B
| $64.6M | 0.04% |
1,337,359
+9,477
| +0.7% | +$416K |
|
384
Freeport-McMoran
FCX
$96.7B
| $63.5M | 0.04% |
1,678,407
+10,163
| +0.6% | +$389K |
|
385
Modine Manufacturing
MOD
$10.7B
| $63.5M | 0.04% |
827,927
-45,191
| -5% | -$4.45M |
|
|
AXON
386
Axon Enterprise
AXON
$48.9B
| $63.3M | 0.04% |
120,290
-8,186
| -6% | -$4.79M |
|
387
Service Corp International
SCI
$11.7B
| $62.8M | 0.04% |
782,429
+451,068
| +136% | +$35.5M |
|
388
Idacorp
IDA
$8.36B
| $62.5M | 0.04% |
537,465
-7,087
| -1% | -$794K |
|
389
FedEx
FDX
$74.1B
| $62.4M | 0.04% |
255,953
+1,727
| +0.7% | +$448K |
|
390
Mine Safety
MSA
$7.45B
| $62.4M | 0.04% |
425,177
-5,912
| -1% | -$942K |
|
391
First Horizon
FHN
$12.4B
| $62M | 0.03% |
3,193,382
-75,966
| -2% | -$1.56M |
|
392
Federal Agricultural Mortgage
AGM
$2.62B
| $62M | 0.03% |
330,534
-3,441
| -1% | -$675K |
|
393
Crown Castle
CCI
$33.9B
| $62M | 0.03% |
594,389
-7,351
| -1% | -$686K |
|
394
LKQ Corp
LKQ
$6.2B
| $61.9M | 0.03% |
1,454,095
+116,915
| +9% | +$4.64M |
|
395
iShares Russell 1000 Growth ETF
IWF
$127B
| $61.7M | 0.03% |
683,988
+40,488
| +6% | +$3.99M |
|
396
Kroger
KR
$35.4B
| $61.4M | 0.03% |
907,070
+31,019
| +4% | +$1.97M |
|
397
Magnolia Oil & Gas
MGY
$5.82B
| $61.3M | 0.03% |
2,427,952
+119,127
| +5% | +$2.89M |
|
398
Howmet Aerospace
HWM
$115B
| $61.3M | 0.03% |
472,217
-4,376
| -0.9% | -$556K |
|
399
EnerSys
ENS
$7.06B
| $61.1M | 0.03% |
666,751
-29,690
| -4% | -$2.9M |
|
400
Marriott International
MAR
$90B
| $60.8M | 0.03% |
255,039
-3,403
| -1% | -$925K |
|
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.