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 | |
|---|---|---|---|---|---|---|
1776
Invesco Preferred ETF
PGX
$3.76B
| $2.38M | ﹤0.01% |
214,012
+162,686
| +317% | +$1.79M |
|
1777
MarineMax
HZO
$1.15B
| $2.36M | ﹤0.01% |
93,703
-5,908
| -6% | -$131K |
|
1778
Warby Parker
WRBY
$3.23B
| $2.33M | ﹤0.01% |
+106,256
| New | +$1.96M |
|
|
SMLR
1779
DELISTED
Semler Scientific
SMLR
| $2.33M | ﹤0.01% |
60,067
+2,682
| +5% | +$95.6K |
|
1780
Vir Biotechnology
VIR
$1.51B
| $2.31M | ﹤0.01% |
459,038
-299
| -0.1% | -$1.6K |
|
1781
Kodiak Gas Services
KGS
$6.16B
| $2.31M | ﹤0.01% |
67,309
+40,063
| +147% | +$1.39M |
|
1782
Upwork
UPWK
$1.21B
| $2.3M | ﹤0.01% |
+171,352
| New | +$2.46M |
|
1783
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $2.3M | ﹤0.01% |
26,316
+2,634
| +11% | +$214K |
|
1784
Shutterstock
SSTK
$217M
| $2.29M | ﹤0.01% |
120,587
-31,685
| -21% | -$557K |
|
1785
Jack in the Box
JACK
$336M
| $2.28M | ﹤0.01% |
130,351
+36,192
| +38% | +$814K |
|
1786
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$722M
| $2.22M | ﹤0.01% |
+55,000
| New | +$2.13M |
|
1787
Fortrea Holdings
FTRE
$1.8B
| $2.22M | ﹤0.01% |
448,787
+2,587
| +0.6% | +$13.9K |
|
1788
iShares MSCI EAFE Value ETF
EFV
$30B
| $2.21M | ﹤0.01% |
34,878
-8,966
| -20% | -$549K |
|
1789
Monro
MNRO
$366M
| $2.21M | ﹤0.01% |
148,404
-729
| -0.5% | -$10.5K |
|
1790
iShares MSCI Japan ETF
EWJ
$22.7B
| $2.18M | ﹤0.01% |
29,031
+5,667
| +24% | +$403K |
|
1791
Amplitude
AMPL
$1.51B
| $2.17M | ﹤0.01% |
175,263
+19,649
| +13% | +$213K |
|
|
VTLE
1792
DELISTED
Vital Energy
VTLE
| $2.17M | ﹤0.01% |
134,940
+559
| +0.4% | +$9.14K |
|
1793
Scorpio Tankers
STNG
$3.85B
| $2.16M | ﹤0.01% |
55,298
+6,527
| +13% | +$255K |
|
1794
iShares MSCI China Multisector Tech ETF
TCHI
$46.6M
| $2.15M | ﹤0.01% |
+108,141
| New | +$2.03M |
|
1795
Intapp
INTA
$3.02B
| $2.15M | ﹤0.01% |
41,644
+37,382
| +877% | +$2.04M |
|
1796
First Citizens BancShares
FCNCA
$25.4B
| $2.13M | ﹤0.01% |
1,090
-335
| -24% | -$608K |
|
1797
Corsair Gaming
CRSR
$1.54B
| $2.13M | ﹤0.01% |
225,700
+1,362
| +0.6% | +$11K |
|
1798
Manulife Financial
MFC
$73.3B
| $2.13M | ﹤0.01% |
66,600
-5,200
| -7% | -$160K |
|
1799
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $2.08M | ﹤0.01% |
34,664
-832
| -2% | -$46.4K |
|
|
OLO
1800
DELISTED
Olo Inc
OLO
| $2.07M | ﹤0.01% |
232,120
+32,246
| +16% | +$250K |
|
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.