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 | |
|---|---|---|---|---|---|---|
901
SEI Investments
SEIC
$12.6B
| $17.9M | 0.01% |
231,039
-3,033
| -1% | -$244K |
|
902
KeyCorp
KEY
$24.3B
| $17.9M | 0.01% |
1,118,477
+1,239
| +0.1% | +$21K |
|
903
Wingstop
WING
$3.22B
| $17.9M | 0.01% |
79,225
+11,329
| +17% | +$2.95M |
|
|
CMA
904
DELISTED
Comerica
CMA
| $17.9M | 0.01% |
302,409
+821
| +0.3% | +$51.6K |
|
905
Doximity
DOCS
$3.76B
| $17.8M | 0.01% |
307,097
+13,123
| +4% | +$829K |
|
906
Best Buy
BBY
$17B
| $17.8M | 0.01% |
241,673
-2,445
| -1% | -$202K |
|
907
Vaxcyte
PCVX
$8.4B
| $17.7M | 0.01% |
469,561
+160,622
| +52% | +$12.8M |
|
|
LNW
908
DELISTED
Light & Wonder
LNW
| $17.7M | 0.01% |
204,670
-779
| -0.4% | -$75K |
|
909
Simply Good Foods
SMPL
$970M
| $17.7M | 0.01% |
513,818
-440,003
| -46% | -$15.9M |
|
910
Advanced Drainage Systems
WMS
$11.3B
| $17.7M | 0.01% |
162,899
+98
| +0.1% | +$11.4K |
|
911
Medpace
MEDP
$16.3B
| $17.7M | 0.01% |
57,936
-1,322
| -2% | -$445K |
|
912
Shake Shack
SHAK
$2.87B
| $17.6M | 0.01% |
199,709
+4,552
| +2% | +$494K |
|
913
Ball Corp
BALL
$16.7B
| $17.5M | 0.01% |
335,964
-6,074
| -2% | -$319K |
|
914
Commerce Bancshares
CBSH
$8.53B
| $17.5M | 0.01% |
295,029
-63
| -0% | -$3.84K |
|
915
Tapestry
TPR
$32.7B
| $17.5M | 0.01% |
248,083
-61,036
| -20% | -$4.62M |
|
916
Allegion
ALLE
$14.3B
| $17.4M | 0.01% |
133,579
+12,018
| +10% | +$1.56M |
|
917
Bath & Body Works
BBWI
$4.09B
| $17.4M | 0.01% |
574,594
-507,383
| -47% | -$18M |
|
918
AdaptHealth
AHCO
$798M
| $17.4M | 0.01% |
1,606,511
-46,254
| -3% | -$465K |
|
919
Fortune Brands Innovations
FBIN
$6B
| $17.4M | 0.01% |
285,705
+1,007
| +0.4% | +$67.6K |
|
920
UFP Industries
UFPI
$5.17B
| $17.4M | 0.01% |
162,478
+1,815
| +1% | +$203K |
|
921
ATS Corp
ATS
$2.04B
| $17.4M | 0.01% |
696,840
+28,700
| +4% | +$801K |
|
922
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.89B
| $17.3M | 0.01% |
592,282
+17,880
| +3% | +$506K |
|
923
Jazz Pharmaceuticals
JAZZ
$16.8B
| $17.3M | 0.01% |
139,041
+378
| +0.3% | +$49.3K |
|
924
Ollie's Bargain Outlet
OLLI
$4.72B
| $17.3M | 0.01% |
148,303
+441
| +0.3% | +$46.6K |
|
925
Builders FirstSource
BLDR
$7.81B
| $17.2M | 0.01% |
138,040
-967
| -0.7% | -$141K |
|
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.