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 | |
|---|---|---|---|---|---|---|
1801
Infosys
INFY
$50.7B
| $2.51M | ﹤0.01% |
141,125
| – | – |
|
1802
Shenandoah Telecom
SHEN
$746M
| $2.51M | ﹤0.01% |
217,360
-3,009
| -1% | -$35.6K |
|
1803
Mirum Pharmaceuticals
MIRM
$6.14B
| $2.5M | ﹤0.01% |
31,659
+9,219
| +41% | +$662K |
|
1804
Esquire Financial Holdings
ESQ
$1.14B
| $2.46M | ﹤0.01% |
24,072
+7,976
| +50% | +$808K |
|
1805
Coty
COTY
$2.48B
| $2.43M | ﹤0.01% |
789,305
-24,137
| -3% | -$87.7K |
|
|
NUTX
1806
Nutex Health
NUTX
$1.11B
| $2.43M | ﹤0.01% |
14,753
+5,439
| +58% | +$721K |
|
|
GES
1807
DELISTED
Guess Inc
GES
| $2.43M | ﹤0.01% |
144,948
-1,100
| -0.8% | -$18.6K |
|
1808
First Merchants
FRME
$2.67B
| $2.4M | ﹤0.01% |
64,083
-646,425
| -91% | -$23.9M |
|
1809
DHT Holdings
DHT
$3.02B
| $2.36M | ﹤0.01% |
193,292
+68,464
| +55% | +$862K |
|
1810
Invesco Variable Rate Preferred ETF
VRP
$3.02B
| $2.36M | ﹤0.01% |
+96,838
| New | +$2.38M |
|
1811
Alpha and Omega Semiconductor
AOSL
$1.08B
| $2.36M | ﹤0.01% |
118,897
-426
| -0.4% | -$10.1K |
|
1812
RLJ Lodging Trust
RLJ
$1.69B
| $2.34M | ﹤0.01% |
314,595
+112,992
| +56% | +$821K |
|
1813
Dream Finders Homes
DFH
$1.36B
| $2.34M | ﹤0.01% |
137,045
-2,338
| -2% | -$47.8K |
|
1814
Alphatec Holdings
ATEC
$1.44B
| $2.31M | ﹤0.01% |
109,771
+44,875
| +69% | +$831K |
|
1815
RPC Inc
RES
$1.3B
| $2.31M | ﹤0.01% |
423,857
-5,687
| -1% | -$29.6K |
|
1816
Vanguard Russell 2000 ETF
VTWO
$17.4B
| $2.3M | ﹤0.01% |
23,151
-1,303
| -5% | -$130K |
|
1817
United States Lime & Minerals
USLM
$3.44B
| $2.29M | ﹤0.01% |
19,154
+6,713
| +54% | +$832K |
|
1818
Tecnoglass Holdings Inc.
TGLS
$1.96B
| $2.28M | ﹤0.01% |
45,365
+15,901
| +54% | +$868K |
|
1819
Oxford Industries
OXM
$552M
| $2.28M | ﹤0.01% |
66,612
-1,169
| -2% | -$43.5K |
|
1820
Bloomin' Brands
BLMN
$938M
| $2.26M | ﹤0.01% |
366,873
-3,956
| -1% | -$27.6K |
|
1821
FuboTV Inc
FUBO
$273M
| $2.25M | ﹤0.01% |
74,440
+26,128
| +54% | +$1.04M |
|
1822
Stoke Therapeutics
STOK
$2.11B
| $2.23M | ﹤0.01% |
70,282
+25,077
| +55% | +$754K |
|
|
CYBR
1823
DELISTED
CyberArk
CYBR
| $2.23M | ﹤0.01% |
4,996
-48,657
| -91% | -$23.4M |
|
1824
argenx
ARGX
$54.1B
| $2.23M | ﹤0.01% |
2,648
+100
| +4% | +$85.6K |
|
1825
MarineMax
HZO
$788M
| $2.18M | ﹤0.01% |
90,075
-1,149
| -1% | -$28.4K |
|
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.