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 | |
|---|---|---|---|---|---|---|
1551
iRhythm Holdings
IRTC
$4.09B
| $5.28M | ﹤0.01% |
50,449
+47,785
| +1,794% | +$5.06M |
|
|
FBRT
1552
Franklin BSP Realty Trust
FBRT
$627M
| $5.27M | ﹤0.01% |
413,595
+16,707
| +4% | +$216K |
|
1553
Royal Bank of Canada
RY
$294B
| $5.26M | ﹤0.01% |
46,700
-700
| -1% | -$82.4K |
|
|
DEA
1554
Easterly Government Properties
DEA
$1.16B
| $5.24M | ﹤0.01% |
197,768
+5,146
| +3% | +$142K |
|
|
AAT
1555
American Assets Trust
AAT
$1.42B
| $5.21M | ﹤0.01% |
258,527
+5,229
| +2% | +$118K |
|
1556
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $5.2M | ﹤0.01% |
41,300
+2,800
| +7% | +$365K |
|
1557
Mesa Laboratories
MLAB
$574M
| $5.18M | ﹤0.01% |
43,659
+5,300
| +14% | +$722K |
|
|
DMC
1558
Del Monte Corp
DMC
$1.4B
| $5.15M | ﹤0.01% |
167,135
+4,384
| +3% | +$135K |
|
1559
Digi International
DGII
$2.74B
| $5.11M | ﹤0.01% |
183,674
+7,128
| +4% | +$220K |
|
|
KW
1560
DELISTED
Kennedy-Wilson Holdings
KW
| $5.11M | ﹤0.01% |
588,232
+15,379
| +3% | +$140K |
|
1561
Artivion
AORT
$1.27B
| $5.08M | ﹤0.01% |
206,777
+4,749
| +2% | +$132K |
|
1562
Principal Real Estate Active Opportunities ETF
BYRE
$27.7M
| $5.08M | ﹤0.01% |
199,204
| – | – |
|
1563
Park Hotels & Resorts
PK
$3.01B
| $5.08M | ﹤0.01% |
475,417
+2,088
| +0.4% | +$26.4K |
|
1564
Grid Dynamics Holdings
GDYN
$600M
| $5.07M | ﹤0.01% |
324,145
+7,544
| +2% | +$151K |
|
1565
Pilgrim's Pride
PPC
$6.33B
| $5.07M | ﹤0.01% |
93,044
+290
| +0.3% | +$14.5K |
|
1566
Sally Beauty Holdings
SBH
$1.51B
| $5.06M | ﹤0.01% |
560,363
+14,513
| +3% | +$143K |
|
1567
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $5.04M | ﹤0.01% |
52,937
| – | – |
|
|
AMWD
1568
DELISTED
American Woodmark
AMWD
| $5.04M | ﹤0.01% |
85,606
-10
| -0% | -$707 |
|
1569
QuinStreet
QNST
$889M
| $5.03M | ﹤0.01% |
281,756
+7,511
| +3% | +$157K |
|
1570
National Vision
EYE
$1.85B
| $5.01M | ﹤0.01% |
392,205
+10,189
| +3% | +$120K |
|
1571
Unitil
UTL
$963M
| $5.01M | ﹤0.01% |
86,782
+2,505
| +3% | +$138K |
|
|
NVEE
1572
DELISTED
NV5 Global
NVEE
| $5.01M | ﹤0.01% |
259,732
+6,617
| +3% | +$121K |
|
1573
AMERISAFE
AMSF
$558M
| $4.99M | ﹤0.01% |
94,924
+2,288
| +2% | +$116K |
|
1574
Elastic
ESTC
$7.25B
| $4.99M | ﹤0.01% |
55,959
+48,660
| +667% | +$5.05M |
|
|
HSII
1575
DELISTED
Heidrick & Struggles
HSII
| $4.98M | ﹤0.01% |
116,192
+2,923
| +3% | +$129K |
|
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.