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 | |
|---|---|---|---|---|---|---|
1726
AMERISAFE
AMSF
$540M
| $3.47M | ﹤0.01% |
90,315
-1,405
| -2% | -$56.7K |
|
|
CDNL
1727
Cardinal Infrastructure Group
CDNL
$1.27B
| $3.47M | ﹤0.01% |
+143,345
| New | +$3.54M |
|
1728
Atlas Energy Solutions
AESI
$1.41B
| $3.46M | ﹤0.01% |
367,380
-3,690
| -1% | -$37.3K |
|
|
PRSU
1729
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $3.45M | ﹤0.01% |
102,459
-1,308
| -1% | -$45.7K |
|
1730
Liquidity Services
LQDT
$1.32B
| $3.44M | ﹤0.01% |
113,525
-1,219
| -1% | -$32.7K |
|
1731
Vanguard Morningstar Value ETF
VTV
$192B
| $3.44M | ﹤0.01% |
17,996
+6,556
| +57% | +$1.23M |
|
1732
Canadian Imperial Bank of Commerce
CM
$108B
| $3.42M | ﹤0.01% |
37,700
-2,900
| -7% | -$249K |
|
1733
World Acceptance Corp
WRLD
$873M
| $3.37M | ﹤0.01% |
23,993
+2,272
| +10% | +$342K |
|
1734
Cytek Biosciences
CTKB
$546M
| $3.37M | ﹤0.01% |
666,927
+43,621
| +7% | +$203K |
|
|
INN
1735
Summit Hotel Properties
INN
$700M
| $3.36M | ﹤0.01% |
690,940
+56,213
| +9% | +$294K |
|
1736
Quanex
NX
$1.01B
| $3.34M | ﹤0.01% |
217,429
-3,388
| -2% | -$47.9K |
|
|
RWT
1737
Redwood Trust
RWT
$594M
| $3.34M | ﹤0.01% |
603,773
-20,451
| -3% | -$112K |
|
1738
Shoals Technologies Group
SHLS
$1.5B
| $3.33M | ﹤0.01% |
392,211
+134,489
| +52% | +$1.21M |
|
1739
PRA Group
PRAA
$755M
| $3.29M | ﹤0.01% |
185,966
-2,785
| -1% | -$43.4K |
|
|
AVNS
1740
DELISTED
Avanos Medical
AVNS
| $3.29M | ﹤0.01% |
292,832
+21,574
| +8% | +$247K |
|
1741
HealthStream
HSTM
$840M
| $3.28M | ﹤0.01% |
142,245
+8,536
| +6% | +$215K |
|
1742
iShares MSCI Japan ETF
EWJ
$22.8B
| $3.28M | ﹤0.01% |
40,576
+8,897
| +28% | +$731K |
|
1743
Grindr
GRND
$2.95B
| $3.27M | ﹤0.01% |
241,572
+87,227
| +57% | +$1.19M |
|
|
VBIL
1744
Vanguard 0-3 Month Treasury Bill ETF
VBIL
$10.1B
| $3.25M | ﹤0.01% |
+43,063
| New | +$3.25M |
|
1745
Cars.com
CARS
$660M
| $3.23M | ﹤0.01% |
265,038
-10,952
| -4% | -$127K |
|
1746
Boston Beer
SAM
$1.92B
| $3.23M | ﹤0.01% |
16,551
-1,032
| -6% | -$213K |
|
1747
Angi Inc
ANGI
$196M
| $3.2M | ﹤0.01% |
247,616
+18,769
| +8% | +$242K |
|
|
FVR
1748
FrontView REIT
FVR
$463M
| $3.2M | ﹤0.01% |
216,784
+18,214
| +9% | +$262K |
|
1749
Scholastic
SCHL
$792M
| $3.19M | ﹤0.01% |
107,649
-1,187
| -1% | -$34K |
|
1750
Pembina Pipeline
PBA
$27.6B
| $3.18M | ﹤0.01% |
83,308
+7,800
| +10% | +$300K |
|
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.