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 |
TransDigm Group
TDG
|
+$526M |
| 2 |
Icon
ICLR
|
+$483M |
| 3 |
Spotify
SPOT
|
+$389M |
| 4 |
NVIDIA
NVDA
|
+$316M |
| 5 |
Live Nation Entertainment
LYV
|
+$279M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Progressive
PGR
|
+$646M |
| 2 |
Gartner
IT
|
+$445M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$292M |
| 4 |
Vail Resorts
MTN
|
+$244M |
| 5 |
ANSS
Ansys
ANSS
|
+$200M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.13% |
| 2 | Financials | 15.7% |
| 3 | Real Estate | 11.65% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Industrials | 10.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
Alnylam Pharmaceuticals
ALNY
$29B
| $2.47M | ﹤0.01% |
5,420
-45,114
| -89% | -$18.4M |
|
1777
iShares Russell 2000 Growth ETF
IWO
$14.9B
| $2.46M | ﹤0.01% |
7,700
+600
| +8% | +$181K |
|
1778
Grid Dynamics Holdings
GDYN
$621M
| $2.46M | ﹤0.01% |
319,320
-40,930
| -11% | -$365K |
|
1779
Vestis
VSTS
$1.83B
| $2.45M | ﹤0.01% |
541,198
-27,334
| -5% | -$140K |
|
1780
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $2.45M | ﹤0.01% |
25,695
-21,625
| -46% | -$2.02M |
|
|
GES
1781
DELISTED
Guess Inc
GES
| $2.44M | ﹤0.01% |
146,048
+11,256
| +8% | +$167K |
|
1782
Atmus Filtration Technologies
ATMU
$4.05B
| $2.43M | ﹤0.01% |
53,858
-14,563
| -21% | -$611K |
|
1783
FuboTV Inc
FUBO
$276M
| $2.41M | ﹤0.01% |
48,312
+46,334
| +2,342% | +$2.1M |
|
1784
Thryv Holdings
THRY
$95.5M
| $2.4M | ﹤0.01% |
199,364
-4,295
| -2% | -$54.3K |
|
1785
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $2.39M | ﹤0.01% |
24,454
-1,862
| -7% | -$173K |
|
|
VTLE
1786
DELISTED
Vital Energy
VTLE
| $2.37M | ﹤0.01% |
140,591
+5,651
| +4% | +$95.5K |
|
|
KREF
1787
KKR Real Estate Finance Trust
KREF
$492M
| $2.37M | ﹤0.01% |
263,476
-18,950
| -7% | -$176K |
|
1788
Dave & Buster's
PLAY
$343M
| $2.37M | ﹤0.01% |
130,419
-6,709
| -5% | -$176K |
|
1789
American Superconductor
AMSC
$1.5B
| $2.34M | ﹤0.01% |
+39,403
| New | +$1.97M |
|
1790
Pagaya Technologies
PGY
$1.8B
| $2.33M | ﹤0.01% |
+78,545
| New | +$2.54M |
|
1791
IMAX
IMAX
$2.81B
| $2.32M | ﹤0.01% |
70,927
+28,667
| +68% | +$813K |
|
1792
Grindr
GRND
$2.91B
| $2.32M | ﹤0.01% |
154,345
+80,175
| +108% | +$1.41M |
|
1793
MarineMax
HZO
$1.15B
| $2.31M | ﹤0.01% |
91,224
-2,479
| -3% | -$63.2K |
|
1794
Infosys
INFY
$50.9B
| $2.3M | ﹤0.01% |
141,125
-11,318
| -7% | -$195K |
|
|
VRNA
1795
DELISTED
Verona Pharma
VRNA
| $2.28M | ﹤0.01% |
21,364
| – | – |
|
1796
SITE Centers
SITC
$158M
| $2.28M | ﹤0.01% |
252,963
+18,722
| +8% | +$199K |
|
|
GDEN
1797
DELISTED
Golden Entertainment
GDEN
| $2.23M | ﹤0.01% |
94,691
-3,573
| -4% | -$95.1K |
|
1798
PagerDuty
PD
$916M
| $2.23M | ﹤0.01% |
135,098
+62,069
| +85% | +$987K |
|
1799
Astronics
ATRO
$3.72B
| $2.2M | ﹤0.01% |
+57,977
| New | +$1.76M |
|
1800
West Fraser Timber
WFG
$5.58B
| $2.18M | ﹤0.01% |
32,112
+22,283
| +227% | +$1.63M |
|
Similar funds
Principal Financial Group's Q3 2025 Portfolio in Review
As of Q3 2025, Principal Financial Group held 2,357 positions worth $198B, up 4.8% from $189B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Principal Financial Group's Q3 2025 filing shows 133 new, 726 increased, 1,371 reduced and 111 closed positions. Its largest new stake was StubHub Holdings: 1,564,000 shares worth $26.3M. The largest sale was Progressive, an estimated $646M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q3 2025 buy was StubHub Holdings: 1,564,000 shares worth $26.3M.
- Principal Financial Group added most to TransDigm Group in Q3 2025, an estimated $526M increase.
- Principal Financial Group's biggest Q3 2025 reduction was Progressive, cutting an estimated $646M.
- Principal Financial Group fully exited Ansys in Q3 2025, selling an estimated $200M.
- Principal Financial Group's ten largest holdings make up 21% of its $198B portfolio in Q3 2025.
- Principal Financial Group opened 133 new positions and closed 111 in Q3 2025.
- Principal Financial Group's portfolio value rose 4.8% quarter-over-quarter to $198B.
Based on Principal Financial Group's 13F filing for Q3 2025, filed 4 Nov 2025.