Q2 2026 13F · SEC CIK 1126328

Principal Financial Group Inc

Insurance companyFiled 2026-08-04 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $203.6B
Reported positions: 2,154
Top holdings a year, 3 yrs: +21.5%
Average holding period: 8.2 yrs

Principal Financial Group Inc is an insurance company that reported 2,154 positions worth $203.6B in its Q2 2026 13F, filed 2026-08-04. Its largest holdings were Nvidia Corporation (NVDA, 3.8%), Apple Inc (AAPL, 3.0%), Microsoft Corp (MSFT, 2.5%). A portfolio copying its top holdings returned 21.5% a year over the last 3 years, against 20.4% for the S&P 500.

Principal Financial Group Inc holdings largest 50 of 2,154 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Principal Financial Group Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	3.8%	3.7%	38,405,664	-3.0%	$7.7B
AAPLApple Inc	3.0%	2.9%	21,451,663	+0.5%	$6.2B
MSFTMicrosoft Corp	2.5%	3.0%	13,740,829	-8.5%	$5.1B
AMZNAmazon Com Inc	2.0%	2.1%	17,085,402	-10.8%	$4.1B
GOOGLAlphabet Inc	1.8%	1.7%	10,361,802	-6.7%	$3.7B
AVGOBroadcom Inc	1.6%	1.4%	8,723,896	+0.0%	$3.3B
GOOGAlphabet Inc	1.2%	1.1%	7,171,781	-0.1%	$2.5B
USMCPrincipal Exchange Traded Fd	1.2%	1.0%	32,298,980	+7.1%	$2.4B
BNBrookfield Corp	1.2%	1.4%	55,057,354	-13.7%	$2.3B
METAMeta Platforms Inc	1.1%	1.3%	4,066,508	-2.0%	$2.3B
TDGTransdigm Group Inc	1.1%	1.2%	1,709,129	-15.1%	$2.3B
WELLWelltower Inc	1.1%	1.0%	9,814,621	+2.2%	$2.2B
HEI-AHeico Corp	1.0%	1.0%	7,707,811	-13.1%	$2.0B
EQIXEquinix Inc	1.0%	1.0%	1,902,047	-4.0%	$2.0B
MUMicron Technology Inc	0.9%	—	1,674,981	—	$1.9B
HLTHilton Worldwide Hldgs Inc	0.9%	1.1%	5,836,454	-11.6%	$1.9B
LYVLive Nation Entertainment in	0.9%	0.9%	9,967,266	-10.2%	$1.8B
IVVIshares Tr	0.9%	0.9%	2,423,361	-1.2%	$1.8B
KKRKkr & Co Inc	0.9%	1.0%	19,677,109	+0.9%	$1.8B
VMCVulcan Matls Co	0.8%	1.0%	5,466,956	-17.7%	$1.6B
LCAPPrincipal Exchange Traded Fd	0.8%	—	48,561,966	—	$1.6B
VVisa Inc	0.8%	0.8%	4,693,213	-3.2%	$1.6B
TSLATesla Inc	0.8%	0.8%	3,781,228	-0.6%	$1.6B
JPMJpmorgan Chase & Co	0.8%	0.8%	4,823,651	-2.8%	$1.6B
LLYEli Lilly & Co	0.7%	0.6%	1,255,719	+2.4%	$1.5B
PLDPrologis Inc	0.7%	0.7%	10,193,516	-3.0%	$1.4B
CBRECbre Group Inc	0.7%	0.7%	10,244,499	+3.8%	$1.4B
TECKTeck Resources Ltd	0.7%	0.6%	23,000,233	+4.3%	$1.4B
ORLYOreilly Automotive Inc	0.6%	0.9%	14,208,385	-21.4%	$1.3B
VTRVentas Inc	0.6%	0.7%	13,969,657	-8.9%	$1.2B
MLMMartin Marietta Matls Inc	0.6%	0.7%	2,116,369	+1.1%	$1.2B
MAMastercard Incorporated	0.6%	0.7%	2,356,440	-3.3%	$1.2B
BRK-BBerkshire Hathaway Inc Del	0.6%	0.6%	2,391,693	+0.1%	$1.2B
AMDAdvanced Micro Devices Inc	0.6%	—	2,040,946	—	$1.2B
ENTGEntegris Inc	0.5%	—	5,955,687	—	$1.1B
COSTCostco Wholesale Corporation	0.5%	0.6%	1,092,459	-4.2%	$1.0B
BROBrown & Brown Inc Com	0.5%	0.5%	15,721,830	+0.7%	$1.0B
TSMTaiwan Semiconductor Manufac	0.5%	—	1,971,042	—	$941.3M
AMTAmerican Tower Corp	0.5%	0.5%	5,742,438	-2.9%	$939.3M
PSCPrincipal Exchange Traded Fd	0.4%	—	12,910,411	—	$904.7M
VEEVVeeva Sys Inc	0.4%	0.4%	4,979,210	+20.2%	$883.7M
PIEQPrincipal Exchange Traded Fd	0.4%	0.6%	24,666,040	-21.9%	$880.5M
EXRExtra Space Storage Inc	0.4%	0.5%	6,057,187	-5.8%	$880.1M
BIPBrookfield Infrastructure Pa	0.4%	0.5%	23,776,567	-11.9%	$867.6M
YUMCYum China Hldgs Inc	0.4%	0.6%	21,130,258	-6.5%	$861.2M
JNJJohnson & Johnson	0.4%	0.4%	3,383,935	+0.4%	$859.4M
HHyatt Hotels Corp	0.4%	—	4,430,258	—	$858.8M
SUSuncor Energy Inc New	0.4%	0.6%	15,924,939	-9.9%	$856.4M
LRCXLam Research Corp	0.4%	—	1,924,829	—	$834.1M
XOMExxon Mobil Corp	0.4%	0.6%	6,012,990	-1.4%	$822.1M

What Principal Financial Group Inc bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VEEV Veeva Sys Inc+20.2% shares
USMC Principal Exchange Traded Fd+7.1% shares

Reduced

PIEQ Principal Exchange Traded Fd-21.9% shares
ORLY Oreilly Automotive Inc-21.4% shares
VMC Vulcan Matls Co-17.7% shares
TDG Transdigm Group Inc-15.1% shares
BN Brookfield Corp-13.7% shares
HEI-A Heico Corp-13.1% shares
BIP Brookfield Infrastructure Pa-11.9% shares
HLT Hilton Worldwide Hldgs Inc-11.6% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +9.2% /yr; S&P 500 +20.1%
3 years: +21.5% /yr; S&P 500 +20.4%
5 years: +11.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$203.6B	2,154
Q1 2026	$187.2B	2,177
Q4 2025	$195.9B	2,180
Q3 2025	$198.3B	2,246
Q2 2025	$189.2B	2,224
Q1 2025	$178.2B	2,171
Q4 2024	$183.4B	2,208
Q3 2024	$181.5B	2,192
Q2 2024	$168.4B	2,361
Q1 2024	$170.1B	2,427
Q4 2023	$156.8B	2,418
Q3 2023	$139.2B	2,436

Questions about Principal Financial Group Inc's portfolio

What stocks does Principal Financial Group Inc own?

Principal Financial Group Inc's latest 13F, for Q2 2026 and filed Aug 4, 2026, lists 2,154 positions worth $203.6B. The largest are Nvidia Corporation (NVDA) at 3.8%, Apple Inc (AAPL) at 3.0%, Microsoft Corp (MSFT) at 2.5%, Amazon Com Inc (AMZN) at 2.0% and Alphabet Inc (GOOGL) at 1.8%.

What did Principal Financial Group Inc buy last quarter?

In Q2 2026, Principal Financial Group Inc added Veeva Sys Inc (VEEV) (+20.2% shares) and Principal Exchange Traded Fd (USMC) (+7.1% shares), compared with its Q1 2026 filing.

What did Principal Financial Group Inc sell last quarter?

In Q2 2026, Principal Financial Group Inc cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Copart Inc (CPRT), cut from its top 50 Lpl Finl Hldgs Inc (LPLA), cut from its top 50 Markel Group Inc (MKL), cut from its top 50 Liberty Media Corp Del (FWONK), Principal Exchange Traded Fd (PIEQ) (-21.9% shares), Oreilly Automotive Inc (ORLY) (-21.4% shares) and Vulcan Matls Co (VMC) (-17.7% shares), compared with its Q1 2026 filing.

How has Principal Financial Group Inc's portfolio performed?

A portfolio copying Principal Financial Group Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +9.2% against +20.1%. Over 5 years: +11.5% a year against +11.6%.

When is Principal Financial Group Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Principal Financial Group Inc's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.