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 | |
|---|---|---|---|---|---|---|
526
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $37.3M | 0.02% |
66,683
+1,940
| +3% | +$1.14M |
|
527
American States Water
AWR
$3.33B
| $37.2M | 0.02% |
472,174
-12,296
| -3% | -$926K |
|
528
Humana
HUM
$43.7B
| $37M | 0.02% |
140,018
-22,843
| -14% | -$6.18M |
|
|
CWAN
529
DELISTED
Clearwater Analytics
CWAN
| $36.9M | 0.02% |
1,375,812
-66,406
| -5% | -$1.86M |
|
530
Vital Farms
VITL
$524M
| $36.9M | 0.02% |
1,209,564
+37,614
| +3% | +$1.35M |
|
531
Ingersoll Rand
IR
$34.9B
| $36.6M | 0.02% |
456,973
-2,826
| -0.6% | -$246K |
|
532
Trex
TREX
$5.15B
| $36.5M | 0.02% |
629,017
-11,864
| -2% | -$771K |
|
533
Paylocity
PCTY
$7.91B
| $36.5M | 0.02% |
194,870
+53,352
| +38% | +$10.7M |
|
534
Dynatrace
DT
$14.8B
| $36.4M | 0.02% |
772,503
+402
| +0.1% | +$22K |
|
535
Wabtec
WAB
$50B
| $36.4M | 0.02% |
200,455
-1,795
| -0.9% | -$344K |
|
536
Guidewire Software
GWRE
$13.3B
| $36.1M | 0.02% |
192,843
+187,205
| +3,320% | +$36.4M |
|
537
DTE Energy
DTE
$29.1B
| $36.1M | 0.02% |
261,103
+7,297
| +3% | +$931K |
|
538
Jackson Financial
JXN
$9.38B
| $36M | 0.02% |
429,789
+11,805
| +3% | +$1.05M |
|
539
Newmark Group
NMRK
$2.77B
| $36M | 0.02% |
2,958,202
-140,227
| -5% | -$1.87M |
|
540
Carlisle Companies
CSL
$15.3B
| $36M | 0.02% |
105,728
-1,514
| -1% | -$543K |
|
541
Amkor Technology
AMKR
$13.4B
| $35.9M | 0.02% |
1,989,507
+17,214
| +0.9% | +$389K |
|
542
Sterling Infrastructure
STRL
$16.4B
| $35.9M | 0.02% |
317,334
-20,598
| -6% | -$2.9M |
|
543
Knight Transportation
KNX
$11.5B
| $35.9M | 0.02% |
825,842
-107,517
| -12% | -$5.54M |
|
544
Gulfport Energy Corp
GPOR
$2.81B
| $35.4M | 0.02% |
192,371
-4,072
| -2% | -$740K |
|
545
Pinduoduo
PDD
$129B
| $35.4M | 0.02% |
298,988
-218,089
| -42% | -$25M |
|
546
GoDaddy
GDDY
$11.6B
| $35.2M | 0.02% |
195,444
-822
| -0.4% | -$157K |
|
547
Cboe Global Markets
CBOE
$29.7B
| $35.2M | 0.02% |
155,451
-282
| -0.2% | -$58.5K |
|
548
Vanguard S&P 500 ETF
VOO
$1.01T
| $34.8M | 0.02% |
67,760
+2,587
| +4% | +$1.4M |
|
549
Quanex
NX
$959M
| $34.8M | 0.02% |
1,872,802
-83,652
| -4% | -$1.77M |
|
550
M&T Bank
MTB
$36.5B
| $34.8M | 0.02% |
194,666
-543
| -0.3% | -$103K |
|
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.