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 | |
|---|---|---|---|---|---|---|
1901
TriMas Corp
TRS
$1.43B
| $1.2M | ﹤0.01% |
+30,928
| New | +$1.1M |
|
1902
Coupang
CPNG
$28.9B
| $1.19M | ﹤0.01% |
36,948
-26,772
| -42% | -$809K |
|
1903
Ducommun
DCO
$2.97B
| $1.16M | ﹤0.01% |
+12,103
| New | +$1.09M |
|
1904
Climb Global Solutions
CLMB
$519M
| $1.15M | ﹤0.01% |
34,184
+26,444
| +342% | +$784K |
|
1905
Invesco S&P 500 Equal Weight ETF
RSP
$99B
| $1.15M | ﹤0.01% |
6,001
| – | – |
|
1906
Diebold Nixdorf
DBD
$2.54B
| $1.13M | ﹤0.01% |
+19,831
| New | +$1.17M |
|
1907
Patria Investments
PAX
$1.84B
| $1.1M | ﹤0.01% |
+75,625
| New | +$1.06M |
|
1908
AtriCure
ATRC
$2.13B
| $1.1M | ﹤0.01% |
31,086
-4,153
| -12% | -$143K |
|
1909
Jack in the Box
JACK
$333M
| $1.09M | ﹤0.01% |
55,288
-75,063
| -58% | -$1.49M |
|
1910
Amneal Pharmaceuticals
AMRX
$5.68B
| $1.09M | ﹤0.01% |
108,444
-617
| -0.6% | -$5.54K |
|
|
SILA
1911
DELISTED
Sila Realty Trust
SILA
| $1.08M | ﹤0.01% |
+43,050
| New | +$1.07M |
|
1912
Build-A-Bear
BBW
$454M
| $1.07M | ﹤0.01% |
16,485
+4,146
| +34% | +$244K |
|
1913
Sabesp
SBS
$18.3B
| $1.07M | ﹤0.01% |
222,653
-17,486
| -7% | -$73.6K |
|
1914
LegalZoom.com
LZ
$963M
| $1.07M | ﹤0.01% |
102,720
-75,255
| -42% | -$750K |
|
1915
Evolv Technologies
EVLV
$1.09B
| $1.06M | ﹤0.01% |
140,942
-8,195
| -5% | -$59.8K |
|
1916
Stoke Therapeutics
STOK
$2.1B
| $1.06M | ﹤0.01% |
+45,205
| New | +$775K |
|
1917
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $1.06M | ﹤0.01% |
24,598
-3,864
| -14% | -$174K |
|
1918
Universal Insurance Holdings
UVE
$1.21B
| $1.05M | ﹤0.01% |
39,990
+16,820
| +73% | +$415K |
|
1919
ActivePassive Intermediate Municipal Bond ETF
APMU
$246M
| $1.05M | ﹤0.01% |
41,711
+1,053
| +3% | +$26.3K |
|
1920
Excelerate Energy
EE
$1.13B
| $1.05M | ﹤0.01% |
41,518
+25,139
| +153% | +$628K |
|
1921
OneSpan
OSPN
$618M
| $1.02M | ﹤0.01% |
64,212
+37,395
| +139% | +$569K |
|
1922
Ceco Environmental
CECO
$4.1B
| $1.01M | ﹤0.01% |
+19,720
| New | +$835K |
|
1923
WesBanco
WSBC
$4.01B
| $1.01M | ﹤0.01% |
31,533
-5,930
| -16% | -$189K |
|
1924
Driven Brands
DRVN
$2.14B
| $1.01M | ﹤0.01% |
62,482
-113,367
| -64% | -$1.97M |
|
1925
CorMedix
CRMD
$579M
| $1.01M | ﹤0.01% |
+86,437
| New | +$1.05M |
|
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.