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 | |
|---|---|---|---|---|---|---|
|
OKLO
2026
Oklo
OKLO
$8.42B
| $397K | ﹤0.01% |
+7,096
| New | +$274K |
|
2027
Yext
YEXT
$574M
| $397K | ﹤0.01% |
46,693
-12,765
| -21% | -$89.5K |
|
2028
Elastic
ESTC
$7.81B
| $392K | ﹤0.01% |
4,649
-51,310
| -92% | -$4.34M |
|
2029
Upstart Holdings
UPST
$3.03B
| $387K | ﹤0.01% |
5,990
-112,697
| -95% | -$5.53M |
|
|
ESPR
2030
DELISTED
Esperion Therapeutics
ESPR
| $387K | ﹤0.01% |
393,290
+380,034
| +2,867% | +$381K |
|
|
SHYF
2031
DELISTED
The Shyft Group
SHYF
| $381K | ﹤0.01% |
+30,416
| New | +$298K |
|
2032
CEMIG Preferred Shares
CIG
$6.01B
| $380K | ﹤0.01% |
+193,742
| New | +$354K |
|
2033
Costamare
CMRE
$1.77B
| $378K | ﹤0.01% |
41,527
-25,741
| -38% | -$229K |
|
2034
iShares Russell Mid-Cap Growth ETF
IWP
$20.7B
| $374K | ﹤0.01% |
2,700
-3,600
| -57% | -$455K |
|
2035
Gray Television
GTN
$552M
| $371K | ﹤0.01% |
+81,877
| New | +$317K |
|
2036
Talkspace
TALK
$874M
| $369K | ﹤0.01% |
+132,820
| New | +$391K |
|
|
AZEK
2037
DELISTED
The AZEK Co
AZEK
| $368K | ﹤0.01% |
6,766
-2,176
| -24% | -$109K |
|
2038
Ardmore Shipping
ASC
$683M
| $364K | ﹤0.01% |
37,966
+2,508
| +7% | +$24.2K |
|
2039
AGNC Investment
AGNC
$12.9B
| $364K | ﹤0.01% |
39,559
-2,751
| -7% | -$24.6K |
|
2040
Franklin Covey
FC
$246M
| $362K | ﹤0.01% |
+15,856
| New | +$351K |
|
2041
NuScale Power
SMR
$4.03B
| $357K | ﹤0.01% |
+9,018
| New | +$226K |
|
2042
XP
XP
$8.39B
| $356K | ﹤0.01% |
17,614
-3,846
| -18% | -$66.5K |
|
2043
Allison Transmission
ALSN
$9.82B
| $350K | ﹤0.01% |
3,686
-513
| -12% | -$49.6K |
|
2044
IDT Corp
IDT
$1.62B
| $350K | ﹤0.01% |
5,119
-1,009
| -16% | -$57.8K |
|
|
NPKI
2045
NPK International
NPKI
$1.14B
| $349K | ﹤0.01% |
40,984
+7,239
| +21% | +$53K |
|
2046
Bloom Energy
BE
$64.6B
| $349K | ﹤0.01% |
14,571
-1,248
| -8% | -$24.2K |
|
2047
Joby Aviation
JOBY
$8.55B
| $346K | ﹤0.01% |
32,837
-1,655
| -5% | -$12K |
|
2048
TPG
TPG
$7.86B
| $344K | ﹤0.01% |
6,568
+1,957
| +42% | +$93.9K |
|
|
SEG
2049
Seaport Entertainment Group
SEG
$362M
| $344K | ﹤0.01% |
18,457
+120
| +0.7% | +$2.3K |
|
2050
Vitesse Energy
VTS
$665M
| $343K | ﹤0.01% |
15,516
+6,256
| +68% | +$137K |
|
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.