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 | |
|---|---|---|---|---|---|---|
2051
Applied Digital
APLD
$7.77B
| $368K | ﹤0.01% |
15,521
+2,400
| +18% | +$75.1K |
|
2052
Xenon Pharmaceuticals
XENE
$6.32B
| $363K | ﹤0.01% |
6,244
+1,756
| +39% | +$80.9K |
|
2053
Ecopetrol
EC
$32.9B
| $363K | ﹤0.01% |
24,221
+5,962
| +33% | +$75.5K |
|
2054
MGP Ingredients
MGPI
$378M
| $358K | ﹤0.01% |
19,484
-10,358
| -35% | -$231K |
|
2055
Joby Aviation
JOBY
$6.82B
| $350K | ﹤0.01% |
42,425
+13,686
| +48% | +$154K |
|
2056
Kymera Therapeutics
KYMR
$9.1B
| $345K | ﹤0.01% |
4,147
+814
| +24% | +$64.5K |
|
2057
On Holding
ONON
$11.9B
| $344K | ﹤0.01% |
10,104
+5,487
| +119% | +$240K |
|
|
NAGE
2058
Niagen Bioscience
NAGE
$256M
| $339K | ﹤0.01% |
76,884
-41,765
| -35% | -$226K |
|
2059
NVE Corp
NVEC
$569M
| $339K | ﹤0.01% |
+5,170
| New | +$348K |
|
2060
Carriage Services
CSV
$618M
| $336K | ﹤0.01% |
7,364
-5,523
| -43% | -$240K |
|
2061
Sky Harbour Group
SKYH
$351M
| $336K | ﹤0.01% |
34,859
-3,169
| -8% | -$29.2K |
|
2062
Vanguard Small-Cap Value ETF
VBR
$37.1B
| $334K | ﹤0.01% |
1,535
-415
| -21% | -$92.8K |
|
2063
Rigetti Computing
RGTI
$4.7B
| $332K | ﹤0.01% |
23,656
+4,776
| +25% | +$89.6K |
|
2064
Oil-Dri
ODC
$1.43B
| $332K | ﹤0.01% |
5,100
-720
| -12% | -$43.8K |
|
2065
Rivian
RIVN
$22.9B
| $320K | ﹤0.01% |
21,267
-101
| -0.5% | -$1.61K |
|
|
ACLX
2066
DELISTED
Arcellx
ACLX
| $317K | ﹤0.01% |
+2,764
| New | +$244K |
|
2067
TeraWulf
WULF
$9.15B
| $317K | ﹤0.01% |
21,952
+4,324
| +25% | +$64.1K |
|
2068
STRATTEC Security
STRT
$358M
| $310K | ﹤0.01% |
3,955
-5,370
| -58% | -$440K |
|
2069
Vaxcyte
PCVX
$7.89B
| $307K | ﹤0.01% |
5,275
+343
| +7% | +$18.6K |
|
2070
AGNC Investment
AGNC
$12.3B
| $302K | ﹤0.01% |
30,156
+737
| +3% | +$8.15K |
|
2071
Scholar Rock
SRRK
$5.71B
| $301K | ﹤0.01% |
6,113
+1,377
| +29% | +$61.7K |
|
2072
Allison Transmission
ALSN
$10.1B
| $300K | ﹤0.01% |
2,563
+246
| +11% | +$27.9K |
|
2073
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.22B
| $298K | ﹤0.01% |
3,258
| – | – |
|
2074
Core Scientific
CORZ
$7.23B
| $293K | ﹤0.01% |
19,572
+3,185
| +19% | +$54.3K |
|
2075
CG Oncology
CGON
$6.11B
| $289K | ﹤0.01% |
+4,267
| New | +$242K |
|
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.