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 | |
|---|---|---|---|---|---|---|
1851
Stock Yards Bancorp
SYBT
$2.57B
| $1.28M | ﹤0.01% |
+16,169
| New | +$1.18M |
|
1852
Bank of N.T. Butterfield & Son
NTB
$2.43B
| $1.26M | ﹤0.01% |
28,462
-5,888
| -17% | -$241K |
|
1853
Coca-Cola Europacific Partners
CCEP
$46.9B
| $1.25M | ﹤0.01% |
13,534
-1,339
| -9% | -$120K |
|
1854
Vita Coco
COCO
$3.68B
| $1.25M | ﹤0.01% |
34,648
-9,161
| -21% | -$306K |
|
1855
GeneDx Holdings
WGS
$2.32B
| $1.25M | ﹤0.01% |
13,539
-58,045
| -81% | -$4.56M |
|
1856
Wheaton Precious Metals
WPM
$60.2B
| $1.24M | ﹤0.01% |
13,807
-11,437
| -45% | -$963K |
|
1857
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $1.24M | ﹤0.01% |
+50,671
| New | +$1.22M |
|
1858
Teva Pharmaceuticals
TEVA
$41.1B
| $1.22M | ﹤0.01% |
73,047
-7,388
| -9% | -$119K |
|
1859
Vishay Precision Group
VPG
$887M
| $1.2M | ﹤0.01% |
+42,720
| New | +$1.05M |
|
1860
Marvell Technology
MRVL
$193B
| $1.2M | ﹤0.01% |
15,495
-5,241
| -25% | -$327K |
|
1861
WesBanco
WSBC
$3.99B
| $1.18M | ﹤0.01% |
37,463
+1,178
| +3% | +$35.6K |
|
1862
AngioDynamics
ANGO
$651M
| $1.18M | ﹤0.01% |
119,214
-794
| -0.7% | -$7.77K |
|
1863
IMAX
IMAX
$2.79B
| $1.18M | ﹤0.01% |
42,260
-66,290
| -61% | -$1.72M |
|
1864
Revolve Group
RVLV
$1.73B
| $1.17M | ﹤0.01% |
58,436
-44,004
| -43% | -$891K |
|
1865
Nicolet Bankshares
NIC
$3.6B
| $1.16M | ﹤0.01% |
+9,362
| New | +$1.09M |
|
1866
AtriCure
ATRC
$2.13B
| $1.15M | ﹤0.01% |
+35,239
| New | +$1.15M |
|
1867
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $1.14M | ﹤0.01% |
22,383
+1,675
| +8% | +$85.1K |
|
|
CAI
1868
Caris Life Sciences
CAI
$6.54B
| $1.12M | ﹤0.01% |
+42,026
| New | +$1.13M |
|
1869
PagerDuty
PD
$918M
| $1.12M | ﹤0.01% |
+73,029
| New | +$1.13M |
|
|
B
1870
Barrick Mining
B
$68B
| $1.09M | ﹤0.01% |
52,565
-44,748
| -46% | -$875K |
|
1871
Invesco S&P 500 Equal Weight ETF
RSP
$99.1B
| $1.09M | ﹤0.01% |
6,001
-132
| -2% | -$22.8K |
|
1872
InMode
INMD
$874M
| $1.08M | ﹤0.01% |
74,766
-26,673
| -26% | -$391K |
|
1873
DHT Holdings
DHT
$2.96B
| $1.07M | ﹤0.01% |
99,166
-18,965
| -16% | -$209K |
|
1874
Rush Street Interactive
RSI
$2.87B
| $1.07M | ﹤0.01% |
71,492
-20,981
| -23% | -$260K |
|
1875
Vale
VALE
$63.4B
| $1.06M | ﹤0.01% |
109,175
-90,561
| -45% | -$853K |
|
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.