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 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$420M |
| 2 |
Meta Platforms (Facebook)
META
|
+$299M |
| 3 |
LPL Financial
LPLA
|
+$196M |
| 4 |
Vulcan Materials
VMC
|
+$181M |
| 5 |
Healthpeak Properties
DOC
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$811M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$586M |
| 3 |
Progressive
PGR
|
+$395M |
| 4 |
Netflix
NFLX
|
+$355M |
| 5 |
CarMax
KMX
|
+$270M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.35% |
| 2 | Financials | 16.54% |
| 3 | Real Estate | 12.06% |
| 4 | Consumer Discretionary | 11.39% |
| 5 | Industrials | 10.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Primoris Services
PRIM
$4.35B
| $5.95M | ﹤0.01% |
76,379
+18,715
| +32% | +$1.27M |
|
1502
Mohawk Industries
MHK
$9.19B
| $5.93M | ﹤0.01% |
56,567
-2,464
| -4% | -$257K |
|
1503
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$3.09B
| $5.92M | ﹤0.01% |
+285,250
| New | +$5.92M |
|
1504
SolarEdge
SEDG
$1.98B
| $5.89M | ﹤0.01% |
288,717
+3,988
| +1% | +$66K |
|
1505
Monarch Casino & Resort
MCRI
$2.17B
| $5.89M | ﹤0.01% |
68,106
-755
| -1% | -$60.9K |
|
1506
Pebblebrook Hotel Trust
PEB
$2B
| $5.88M | ﹤0.01% |
588,412
-7,650
| -1% | -$71.1K |
|
1507
Andersons Inc
ANDE
$2.23B
| $5.88M | ﹤0.01% |
159,929
-148
| -0.1% | -$5.42K |
|
1508
PROG Holdings
PRG
$1.68B
| $5.87M | ﹤0.01% |
200,075
-6,884
| -3% | -$191K |
|
|
WAY
1509
Waystar Holding Corp
WAY
$4.74B
| $5.86M | ﹤0.01% |
143,450
+137,527
| +2,322% | +$5.3M |
|
1510
Safety Insurance
SAFT
$1.52B
| $5.86M | ﹤0.01% |
73,840
-38
| -0.1% | -$3K |
|
1511
Harley-Davidson
HOG
$2.72B
| $5.85M | ﹤0.01% |
248,011
-16,174
| -6% | -$384K |
|
1512
Virtus Investment Partners
VRTS
$1.11B
| $5.84M | ﹤0.01% |
32,218
-7,411
| -19% | -$1.23M |
|
1513
iShares Russell 2000 Value ETF
IWN
$14.5B
| $5.81M | ﹤0.01% |
36,797
-90,362
| -71% | -$13.5M |
|
|
PRA
1514
DELISTED
ProAssurance
PRA
| $5.8M | ﹤0.01% |
254,263
-490
| -0.2% | -$11.3K |
|
1515
Royal Bank of Canada
RY
$293B
| $5.79M | ﹤0.01% |
44,000
-2,700
| -6% | -$330K |
|
|
EMA
1516
Emera Inc
EMA
$15.6B
| $5.74M | ﹤0.01% |
+125,647
| New | +$5.64M |
|
1517
Westlake Corp
WLK
$10.1B
| $5.74M | ﹤0.01% |
75,606
-1,390
| -2% | -$114K |
|
1518
Sonic Automotive
SAH
$2.53B
| $5.74M | ﹤0.01% |
71,811
-1,091
| -1% | -$73.4K |
|
1519
Synaptics
SYNA
$4.09B
| $5.73M | ﹤0.01% |
88,469
-2,435
| -3% | -$143K |
|
1520
Rogers Corp
ROG
$2.29B
| $5.73M | ﹤0.01% |
83,699
-984
| -1% | -$63.5K |
|
1521
Sprinklr
CXM
$1.62B
| $5.72M | ﹤0.01% |
676,321
+4,205
| +0.6% | +$33.7K |
|
1522
Enphase Energy
ENPH
$5.41B
| $5.72M | ﹤0.01% |
144,219
-7,366
| -5% | -$340K |
|
1523
Rocket Lab Corp
RKLB
$50B
| $5.71M | ﹤0.01% |
159,573
-11,764
| -7% | -$288K |
|
1524
Vicor
VICR
$9.63B
| $5.69M | ﹤0.01% |
125,465
+10,574
| +9% | +$473K |
|
1525
CGI
GIB
$15.6B
| $5.69M | ﹤0.01% |
54,251
-900
| -2% | -$94.9K |
|
Similar funds
Principal Financial Group's Q2 2025 Portfolio in Review
As of Q2 2025, Principal Financial Group held 2,339 positions worth $189B, up 6.2% from $178B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Principal Financial Group's Q2 2025 filing shows 168 new, 694 increased, 1,347 reduced and 115 closed positions. Its largest new stake was State Street SPDR Portfolio High Yield Bond ETF: 2,146,080 shares worth $51.1M. The largest sale was iShares Core S&P 500 ETF, an estimated $811M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 18% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q2 2025 buy was State Street SPDR Portfolio High Yield Bond ETF: 2,146,080 shares worth $51.1M.
- Principal Financial Group added most to Principal Exchange-Traded Funds Principal US Mega-Cap ETF in Q2 2025, an estimated $420M increase.
- Principal Financial Group's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $811M.
- Principal Financial Group fully exited Discover Financial Services in Q2 2025, selling an estimated $53.1M.
- Principal Financial Group's ten largest holdings make up 21% of its $189B portfolio in Q2 2025.
- Principal Financial Group opened 168 new positions and closed 115 in Q2 2025.
- Principal Financial Group's portfolio value rose 6.2% quarter-over-quarter to $189B.
Based on Principal Financial Group's 13F filing for Q2 2025, filed 8 Aug 2025.