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 | |
|---|---|---|---|---|---|---|
|
SKYT
1976
DELISTED
SkyWater Technology
SKYT
| $752K | ﹤0.01% |
+40,310
| New | +$466K |
|
1977
Bright Horizons
BFAM
$3.86B
| $752K | ﹤0.01% |
6,926
+4,480
| +183% | +$519K |
|
|
NAGE
1978
Niagen Bioscience
NAGE
$247M
| $751K | ﹤0.01% |
80,469
+60,217
| +297% | +$608K |
|
1979
Coursera
COUR
$1.54B
| $750K | ﹤0.01% |
64,029
-12,036
| -16% | -$131K |
|
1980
HubSpot
HUBS
$10.5B
| $749K | ﹤0.01% |
1,601
-17,678
| -92% | -$8.89M |
|
|
VMEO
1981
DELISTED
Vimeo
VMEO
| $748K | ﹤0.01% |
96,496
+18,220
| +23% | +$89.7K |
|
|
SMA
1982
SmartStop Self Storage REIT
SMA
$1.9B
| $744K | ﹤0.01% |
+19,759
| New | +$718K |
|
|
LINE
1983
Lineage Inc
LINE
$9.65B
| $738K | ﹤0.01% |
19,109
-220
| -1% | -$9.14K |
|
1984
VTEX
VTEX
$713M
| $735K | ﹤0.01% |
+167,709
| New | +$848K |
|
1985
Hackett Group
HCKT
$287M
| $730K | ﹤0.01% |
38,388
+29,320
| +323% | +$640K |
|
1986
Rigetti Computing
RGTI
$5.99B
| $729K | ﹤0.01% |
24,467
+4,333
| +22% | +$76K |
|
1987
Flotek Industries
FTK
$1.28B
| $717K | ﹤0.01% |
+49,132
| New | +$621K |
|
1988
ActivePassive International Equity ETF
APIE
$1.17B
| $705K | ﹤0.01% |
19,453
+1,890
| +11% | +$64.3K |
|
1989
Barrett Business Services
BBSI
$804M
| $704K | ﹤0.01% |
15,892
+3,904
| +33% | +$179K |
|
1990
International Money Express
IMXI
$367M
| $696K | ﹤0.01% |
49,806
-6,581
| -12% | -$81.5K |
|
1991
Graham Corp
GHM
$1.31B
| $691K | ﹤0.01% |
12,590
+2,428
| +24% | +$124K |
|
1992
SS&C Technologies
SSNC
$18.6B
| $690K | ﹤0.01% |
7,769
-1,072
| -12% | -$92.8K |
|
1993
Teekay
TK
$985M
| $681K | ﹤0.01% |
+83,231
| New | +$662K |
|
1994
Restaurant Brands International
QSR
$25.8B
| $679K | ﹤0.01% |
10,581
-4,956
| -32% | -$326K |
|
1995
Energy Recovery
ERII
$443M
| $677K | ﹤0.01% |
43,881
+12,118
| +38% | +$171K |
|
1996
EverQuote
EVER
$906M
| $676K | ﹤0.01% |
29,561
+10,255
| +53% | +$248K |
|
1997
Mesa Laboratories
MLAB
$574M
| $674K | ﹤0.01% |
10,065
-19,713
| -66% | -$1.42M |
|
1998
Mitek Systems
MITK
$834M
| $674K | ﹤0.01% |
68,944
+38,237
| +125% | +$376K |
|
1999
Cooper-Standard Automotive
CPS
$558M
| $669K | ﹤0.01% |
+18,119
| New | +$552K |
|
|
GLDD
2000
DELISTED
Great Lakes Dredge & Dock
GLDD
| $663K | ﹤0.01% |
55,291
+17,479
| +46% | +$203K |
|
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.