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 |
HDFC Bank
HDB
|
+$556M |
| 2 |
Nice
NICE
|
+$493M |
| 3 |
SUNB
Sunbelt Rentals Holdings
SUNB
|
+$464M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$453M |
| 5 |
Brookfield Asset Management
BAM
|
+$238M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hilton Worldwide
HLT
|
+$839M |
| 2 |
Domino's
DPZ
|
+$633M |
| 3 |
Roper Technologies
ROP
|
+$440M |
| 4 |
O'Reilly Automotive
ORLY
|
+$334M |
| 5 |
Liberty Media Series C
FWONK
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.41% |
| 2 | Financials | 14.41% |
| 3 | Real Estate | 11.67% |
| 4 | Industrials | 10.63% |
| 5 | Consumer Discretionary | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CHCT
2001
Community Healthcare Trust
CHCT
$537M
| $658K | ﹤0.01% |
41,423
+419
| +1% | +$7.07K |
|
2002
Keros Therapeutics
KROS
$199M
| $658K | ﹤0.01% |
+59,594
| New | +$920K |
|
2003
Madrigal Pharmaceuticals
MDGL
$12.6B
| $649K | ﹤0.01% |
1,239
-6,022
| -83% | -$2.88M |
|
2004
ActivePassive US Equity ETF
APUE
$2.39B
| $645K | ﹤0.01% |
16,101
+837
| +5% | +$34.9K |
|
2005
The RMR Group
RMR
$342M
| $636K | ﹤0.01% |
+41,140
| New | +$668K |
|
2006
MiMedx Group
MDXG
$626M
| $604K | ﹤0.01% |
152,833
+47,154
| +45% | +$238K |
|
2007
Seneca Foods Class A
SENEA
$1.13B
| $590K | ﹤0.01% |
3,904
-2,657
| -40% | -$343K |
|
2008
Vanguard Small-Cap ETF
VB
$79.5B
| $588K | ﹤0.01% |
2,244
| – | – |
|
2009
iShares US Real Estate ETF
IYR
$4.59B
| $578K | ﹤0.01% |
6,109
-88,347
| -94% | -$8.58M |
|
2010
Lightpath Technologies
LPTH
$680M
| $568K | ﹤0.01% |
56,646
-823
| -1% | -$9.44K |
|
2011
SoFi Technologies
SOFI
$21.1B
| $562K | ﹤0.01% |
35,371
+3,404
| +11% | +$71.8K |
|
2012
HubSpot
HUBS
$10.5B
| $561K | ﹤0.01% |
2,297
+1,246
| +119% | +$350K |
|
2013
MongoDB
MDB
$24B
| $558K | ﹤0.01% |
2,279
-7,621
| -77% | -$2.55M |
|
2014
iShares S&P 500 Growth ETF
IVW
$72.5B
| $558K | ﹤0.01% |
+4,929
| New | +$593K |
|
2015
AMC Global Media
AMCX
$430M
| $548K | ﹤0.01% |
80,732
+33,127
| +70% | +$258K |
|
2016
Copel
ELPC
$8.49B
| $540K | ﹤0.01% |
+45,235
| New | +$481K |
|
|
SRTA
2017
Strata Critical Medical Inc
SRTA
$436M
| $537K | ﹤0.01% |
+128,573
| New | +$619K |
|
2018
Ionis Pharmaceuticals
IONS
$9.35B
| $527K | ﹤0.01% |
7,019
+3,680
| +110% | +$290K |
|
2019
HEICO Corp
HEI
$48.9B
| $522K | ﹤0.01% |
1,903
+1,027
| +117% | +$331K |
|
2020
Atlassian
TEAM
$22B
| $510K | ﹤0.01% |
7,473
+4,044
| +118% | +$399K |
|
2021
Varex Imaging
VREX
$460M
| $505K | ﹤0.01% |
47,553
-10,477
| -18% | -$134K |
|
2022
Affirm
AFRM
$23.5B
| $497K | ﹤0.01% |
10,841
+4,059
| +60% | +$234K |
|
2023
Royalty Pharma
RPRX
$26.1B
| $495K | ﹤0.01% |
10,325
-349
| -3% | -$15.3K |
|
2024
Rhythm Pharmaceuticals
RYTM
$7B
| $490K | ﹤0.01% |
5,637
-561
| -9% | -$54.6K |
|
2025
Mission Produce
AVO
$1.1B
| $487K | ﹤0.01% |
35,427
+7,356
| +26% | +$98K |
|
Similar funds
Principal Financial Group's Q1 2026 Portfolio in Review
As of Q1 2026, Principal Financial Group held 2,308 positions worth $187B, down 4.4% from $196B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Principal Financial Group's Q1 2026 filing shows 128 new, 1,371 increased, 662 reduced and 131 closed positions. Its largest new stake was Sunbelt Rentals Holdings: 6,610,971 shares worth $427M. The largest sale was Hilton Worldwide, an estimated $839M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Financials and Real Estate.
- Principal Financial Group's largest Q1 2026 buy was Sunbelt Rentals Holdings: 6,610,971 shares worth $427M.
- Principal Financial Group added most to HDFC Bank in Q1 2026, an estimated $556M increase.
- Principal Financial Group's biggest Q1 2026 reduction was Hilton Worldwide, cutting an estimated $839M.
- Principal Financial Group fully exited Globant in Q1 2026, selling an estimated $53.3M.
- Principal Financial Group's ten largest holdings make up 20% of its $187B portfolio in Q1 2026.
- Principal Financial Group opened 128 new positions and closed 131 in Q1 2026.
- Principal Financial Group's portfolio value fell 4.4% quarter-over-quarter to $187B.
Based on Principal Financial Group's 13F filing for Q1 2026, filed 4 May 2026.