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 |
iShares Core S&P 500 ETF
IVV
|
+$676M |
| 2 |
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
|
+$336M |
| 3 |
Crown Castle
CCI
|
+$266M |
| 4 |
PIEQ
Principal International Equity ETF
PIEQ
|
+$252M |
| 5 |
NVIDIA
NVDA
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$512M |
| 2 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$420M |
| 3 |
VICI Properties
VICI
|
+$411M |
| 4 |
Equity Residential
EQR
|
+$363M |
| 5 |
Hilton Worldwide
HLT
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.22% |
| 2 | Financials | 15.21% |
| 3 | Real Estate | 11.21% |
| 4 | Consumer Discretionary | 11.2% |
| 5 | Industrials | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Clearway Energy Class C
CWEN
$6.78B
| $13.4M | 0.01% |
402,964
+3,614
| +0.9% | +$120K |
|
1127
American States Water
AWR
$3.43B
| $13.4M | 0.01% |
184,913
-535,853
| -74% | -$39.4M |
|
1128
Progress Software
PRGS
$1.78B
| $13.4M | 0.01% |
311,105
-532,464
| -63% | -$23.2M |
|
1129
Mattel
MAT
$4.21B
| $13.3M | 0.01% |
668,749
-47,209
| -7% | -$912K |
|
1130
Dana Inc
DAN
$3.21B
| $13.2M | 0.01% |
556,892
-76,501
| -12% | -$1.62M |
|
1131
Alaska Air
ALK
$5.27B
| $13.2M | 0.01% |
263,030
-5,748
| -2% | -$266K |
|
1132
ePlus
PLUS
$2.35B
| $13.2M | 0.01% |
150,858
+7,274
| +5% | +$600K |
|
1133
United Natural Foods
UNFI
$2.8B
| $13.2M | 0.01% |
392,675
+34,007
| +9% | +$1.26M |
|
1134
Schwab US TIPS ETF
SCHP
$16.2B
| $13.1M | 0.01% |
496,317
+36,708
| +8% | +$985K |
|
1135
Goosehead Insurance
GSHD
$2.29B
| $13.1M | 0.01% |
178,411
+18,067
| +11% | +$1.29M |
|
1136
Haemonetics
HAE
$3.94B
| $13.1M | 0.01% |
163,779
+15,489
| +10% | +$1.04M |
|
1137
GATX Corp
GATX
$6.23B
| $13.1M | 0.01% |
77,385
-2,892
| -4% | -$477K |
|
1138
Kyndryl
KD
$2.97B
| $13.1M | 0.01% |
491,751
-21,935
| -4% | -$595K |
|
1139
Chemed
CHE
$7.18B
| $13M | 0.01% |
30,463
-1,901
| -6% | -$828K |
|
1140
Doximity
DOCS
$4.57B
| $13M | 0.01% |
294,271
-7,614
| -3% | -$427K |
|
1141
Cirrus Logic
CRUS
$6.11B
| $13M | 0.01% |
109,784
-4,223
| -4% | -$520K |
|
1142
Simmons First National
SFNC
$3.4B
| $13M | 0.01% |
689,691
-8,823
| -1% | -$163K |
|
1143
Bank of Hawaii
BOH
$3.1B
| $13M | 0.01% |
190,085
-2,128
| -1% | -$140K |
|
1144
Boise Cascade
BCC
$2.96B
| $13M | 0.01% |
176,577
-3,735
| -2% | -$272K |
|
1145
Cognex
CGNX
$10.8B
| $13M | 0.01% |
360,526
-12,386
| -3% | -$501K |
|
1146
Fortune Brands Innovations
FBIN
$5.73B
| $12.9M | 0.01% |
258,480
-8,304
| -3% | -$417K |
|
1147
Banner Corp
BANR
$2.43B
| $12.9M | 0.01% |
206,075
+11,753
| +6% | +$742K |
|
1148
Solventum
SOLV
$14.5B
| $12.9M | 0.01% |
162,688
+3,990
| +3% | +$306K |
|
|
TPH
1149
DELISTED
Tri Pointe Homes
TPH
| $12.9M | 0.01% |
409,606
-12,856
| -3% | -$418K |
|
1150
Kirby Corp
KEX
$7B
| $12.9M | 0.01% |
116,642
-7,375
| -6% | -$750K |
|
Similar funds
Principal Financial Group's Q4 2025 Portfolio in Review
As of Q4 2025, Principal Financial Group held 2,293 positions worth $196B, down 1.2% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Principal Financial Group's Q4 2025 filing shows 47 new, 1,001 increased, 1,106 reduced and 113 closed positions. Its largest new stake was Algonquin Power & Utilities: 12,069,980 shares worth $74.3M. The largest sale was Brookfield, an estimated $512M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q4 2025 buy was Algonquin Power & Utilities: 12,069,980 shares worth $74.3M.
- Principal Financial Group added most to iShares Core S&P 500 ETF in Q4 2025, an estimated $676M increase.
- Principal Financial Group's biggest Q4 2025 reduction was Brookfield, cutting an estimated $512M.
- Principal Financial Group fully exited Americold in Q4 2025, selling an estimated $101M.
- Principal Financial Group's ten largest holdings make up 21% of its $196B portfolio in Q4 2025.
- Principal Financial Group opened 47 new positions and closed 113 in Q4 2025.
- Principal Financial Group's portfolio value fell 1.2% quarter-over-quarter to $196B.
Based on Principal Financial Group's 13F filing for Q4 2025, filed 2 Feb 2026.