Principal Financial Group Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Principal Financial Group Inc. reported 2,154 stock positions worth $203.6 billion. Its top holding was Nvidia (NVDA) at 3.8% of the portfolio, followed by Apple (AAPL, 3.0%) and Microsoft (MSFT, 2.5%). Compared with Q1 2026, it opened 100 new positions, sold out of 126, added to 1,081 and reduced 947. The biggest buy was Principal CPTL Apprec S3 ETF (LCAP, shares +1573%) and the biggest sale Copart (CPRT, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- DES MOINES, IA
- CIK
- 0001126328
- Portfolio Value
- $203.6B (Q2 2026)
- SEC Filing
- 0001126328-26-000178 ↗ filed Aug 4, 2026
Holdings Value
Holdings 2,154 stocks · $203.6B
| NVDA Nvidia Corp. | 3.77% | 38,405,664 | $7.7B | Reduce -3.0% |
| AAPL Apple Inc. | 3.05% | 21,451,663 | $6.2B | Add +0.5% |
| MSFT Microsoft Corp. | 2.52% | 13,740,829 | $5.1B | Reduce -8.5% |
| AMZN Amazon.com Inc. | 2.00% | 17,085,402 | $4.1B | Reduce -10.8% |
| GOOGL Alphabet Inc. Class A | 1.82% | 10,361,802 | $3.7B | Reduce -6.7% |
| AVGO Broadcom Inc. | 1.62% | 8,723,896 | $3.3B | Add +0.0% |
| GOOG Alphabet Inc. Class C | 1.24% | 7,171,781 | $2.5B | Reduce -0.1% |
| USMC Principal US Mega-Cap ETF | 1.18% | 32,298,980 | $2.4B | Add +7.1% |
| BN Brookfield Corp. | 1.15% | 55,057,354 | $2.3B | Reduce -13.7% |
| META Meta Platforms Inc. Class A | 1.12% | 4,066,508 | $2.3B | Reduce -2.0% |
| TDG Transdigm Group Inc. | 1.12% | 1,709,129 | $2.3B | Reduce -15.1% |
| WELL Welltower Inc. | 1.09% | 9,814,621 | $2.2B | Add +2.2% |
| HEI.A Heico Corp. Class A | 0.98% | 7,707,811 | $2.0B | Reduce -13.1% |
| EQIX Equinix Inc. | 0.97% | 1,902,047 | $2.0B | Reduce -4.0% |
| MU Micron Technology Inc. | 0.95% | 1,674,981 | $1.9B | Add +6.5% |
| HLT Hilton Worldwide Holdings Inc. | 0.95% | 5,836,454 | $1.9B | Reduce -11.6% |
| LYV Live Nation Entertainment Inc. | 0.90% | 9,967,266 | $1.8B | Reduce -10.2% |
| IVV iShares Core S&P 500 ETF | 0.89% | 2,423,361 | $1.8B | Reduce -1.2% |
| KKR KKR & Co. Inc. | 0.89% | 19,677,109 | $1.8B | Add +0.9% |
| VMC Vulcan Materials Co. | 0.79% | 5,466,956 | $1.6B | Reduce -17.7% |
| LCAP Principal CPTL Apprec S3 ETF | 0.79% | 48,561,966 | $1.6B | Add +1573.5% |
| V Visa Inc. Class A | 0.79% | 4,693,213 | $1.6B | Reduce -3.2% |
| TSLA Tesla Inc. | 0.78% | 3,781,228 | $1.6B | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 0.78% | 4,823,651 | $1.6B | Reduce -2.8% |
| LLY Eli Lilly & Co. | 0.74% | 1,255,719 | $1.5B | Add +2.4% |
| PLD Prologis Inc. | 0.68% | 10,193,516 | $1.4B | Reduce -3.0% |
| CBRE CBRE Group Inc. Class A | 0.68% | 10,244,499 | $1.4B | Add +3.8% |
| TECK Teck Resources Ltd.-CLS B | 0.67% | 23,000,233 | $1.4B | Add +4.3% |
| ORLY O'reilly Automotive Inc. | 0.64% | 14,208,385 | $1.3B | Reduce -21.4% |
| VTR Ventas Inc. | 0.61% | 13,969,657 | $1.2B | Reduce -8.9% |
| MLM Martin Marietta Materials | 0.60% | 2,116,369 | $1.2B | Add +1.1% |
| MA Mastercard Inc. Class A | 0.59% | 2,356,440 | $1.2B | Reduce -3.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.59% | 2,391,693 | $1.2B | Add +0.1% |
| AMD Advanced Micro Devices | 0.58% | 2,040,946 | $1.2B | Add +9.7% |
| ENTG Entegris Inc. | 0.53% | 5,955,687 | $1.1B | Add +1.2% |
| COST Costco Wholesale Corp. | 0.50% | 1,092,459 | $1.0B | Reduce -4.2% |
| BRO Brown & Brown Inc. | 0.50% | 15,721,830 | $1.0B | Add +0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.46% | 1,971,042 | $941.3M | Add +0.2% |
| AMT American Tower Corp. | 0.46% | 5,742,438 | $939.3M | Reduce -2.9% |
| PSC Principal US Small-Cap ETF | 0.44% | 12,910,411 | $904.7M | Add +2.9% |
| VEEV Veeva Systems Inc. Class A | 0.43% | 4,979,210 | $883.7M | Add +20.2% |
| PIEQ Principal Intl Eqty ETF | 0.43% | 24,666,040 | $880.5M | Reduce -21.9% |
| EXR Extra Space Storage Inc. | 0.43% | 6,057,187 | $880.1M | Reduce -5.8% |
| BIP Brookfield Infrastructure Pa | 0.43% | 23,776,567 | $867.6M | Reduce -11.9% |
| YUMC Yum China Holdings Inc. | 0.42% | 21,130,258 | $861.2M | Reduce -6.5% |
| JNJ Johnson & Johnson | 0.42% | 3,383,935 | $859.4M | Add +0.4% |
| H Hyatt Hotels Corp. Class A | 0.42% | 4,430,258 | $858.8M | Reduce -6.2% |
| SU Suncor Energy Inc. | 0.42% | 15,924,939 | $856.4M | Reduce -9.9% |
| LRCX Lam Research Corp. | 0.41% | 1,924,829 | $834.1M | Add +4.6% |
| XOM Exxon Mobil Corp. | 0.40% | 6,012,990 | $822.1M | Reduce -1.4% |
| BAC Bank of America Corp. | 0.40% | 14,362,582 | $818.4M | Reduce -0.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.39% | 3,494,796 | $802.3M | Add +7.8% |
| NFLX Netflix Inc. | 0.39% | 11,027,249 | $787.3M | Reduce -3.0% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 2,047,839 | $765.3M | Add +4.9% |
| FWONK Liberty Media Corp. Class C | 0.37% | 7,996,585 | $760.8M | Reduce -10.5% |
| LPLA LPL Financial Holdings Inc. | 0.37% | 2,684,964 | $756.3M | Add +1.8% |
| INTC Intel Corp. | 0.36% | 5,301,170 | $740.2M | Add +1.3% |
| SPOT Spotify Technology SA | 0.36% | 1,603,274 | $736.1M | Add +62.0% |
| AMAT Applied Materials Inc. | 0.36% | 1,008,591 | $729.2M | Add +3.0% |
| KO The Coca-Cola Co. | 0.35% | 8,737,836 | $710.1M | Add +12.7% |
| CAT Caterpillar Inc. | 0.35% | 662,735 | $705.7M | Reduce -0.5% |
| AMH American Homes 4 Rent- A | 0.34% | 20,691,697 | $693.6M | Add +9.3% |
| ABBV Abbvie Inc. | 0.33% | 2,684,208 | $675.5M | Reduce -5.2% |
| PG The Procter & Gamble Co. | 0.33% | 4,588,494 | $672.9M | Reduce -3.3% |
| DLR Digital Realty Trust Inc. | 0.33% | 3,746,513 | $672.8M | Add +1.1% |
| WMT Walmart Inc. | 0.33% | 5,917,839 | $670.3M | Reduce -0.2% |
| AVB Avalonbay Communities Inc. | 0.33% | 3,518,162 | $663.8M | Reduce -20.8% |
| MCO Moody's Corp. | 0.33% | 1,461,325 | $661.9M | Add +35.1% |
| REG Regency Centers Corp. | 0.31% | 7,952,827 | $634.2M | Reduce -20.5% |
| MSCI MSCI Inc. | 0.31% | 1,127,265 | $631.3M | Reduce -16.3% |
| MRK Merck & Co. Inc. | 0.30% | 4,751,479 | $610.6M | Add +0.9% |
| ESS Essex Property Trust Inc. | 0.30% | 2,092,902 | $610.3M | Add +25.5% |
| BAM Brookfield Asset Mgmt-A | 0.30% | 13,551,754 | $607.8M | Add +6.4% |
| MKL Markel Group Inc. | 0.30% | 307,791 | $601.2M | Reduce -23.4% |
| MS Morgan Stanley | 0.29% | 2,836,822 | $593.0M | Reduce -6.1% |
| TYL Tyler Technologies Inc. | 0.29% | 2,027,041 | $592.8M | Add +16.1% |
| SUNB Sunbelt Rentals Holdings Inc. | 0.29% | 7,934,212 | $591.4M | Add +20.0% |
| UNH Unitedhealth Group Inc. | 0.29% | 1,404,760 | $583.9M | Add +3.3% |
| CSCO Cisco Systems Inc. | 0.28% | 4,820,488 | $566.2M | Reduce -1.5% |
| KLAC KLA Corp. | 0.28% | 1,870,959 | $564.5M | Reduce -4.8% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.27% | 4,373,424 | $552.4M | Reduce -4.2% |
| APH Amphenol Corp. Class A | 0.26% | 3,056,002 | $538.8M | Add +5.5% |
| CVX Chevron Corp. | 0.25% | 3,128,012 | $518.5M | Reduce -1.8% |
| ICLR Icon PLC filed as ICON PUB LTD CO | 0.25% | 2,950,974 | $512.6M | Reduce -10.9% |
| DHR Danaher Corp. | 0.25% | 2,664,239 | $507.5M | Reduce -7.5% |
| CDNS Cadence Design SYS Inc. | 0.25% | 1,334,480 | $500.9M | Reduce -29.4% |
| PRM Perimeter Solutions Inc. | 0.25% | 14,007,326 | $499.4M | Add +11.9% |
| FICO Fair Isaac Corp. | 0.24% | 415,795 | $496.8M | Reduce -1.7% |
| ELS Equity Lifestyle Properties | 0.24% | 7,548,806 | $486.5M | Add +17.3% |
| SBRA Sabra Health Care REIT Inc. | 0.24% | 24,706,070 | $482.0M | Reduce -1.4% |
| GEV GE Vernova Inc. | 0.23% | 405,618 | $476.5M | Add +4.1% |
| HD Home Depot Inc. | 0.23% | 1,346,127 | $474.8M | Add +0.5% |
| EGP Eastgroup Properties Inc. | 0.23% | 2,310,283 | $467.9M | Reduce -0.8% |
| AHR American Healthcare REIT Inc. | 0.23% | 8,917,875 | $465.1M | Add +20.1% |
| CB Chubb Ltd. | 0.23% | 1,359,475 | $463.2M | Add +3.5% |
| SPG Simon Property Group Inc. | 0.23% | 2,061,411 | $461.0M | Reduce -20.6% |
| ARES Ares Management Corp. Class A | 0.22% | 4,040,482 | $449.7M | Add +0.8% |
| C Citigroup Inc. | 0.22% | 3,195,739 | $447.3M | Add +34.0% |
| LIN Linde PLC | 0.22% | 856,362 | $444.4M | Reduce -6.1% |
| VALE Vale SA-SP ADR | 0.21% | 29,112,147 | $437.8M | Add +453.3% |
Portfolio Sells Q1 2026 → Q2 2026
| CPRT Copart Inc. | Reduce -96.5% | 0.02% | −0.55 |
| MSFT Microsoft Corp. | Reduce -8.5% | 2.52% | −0.45 |
| CSGP Costar Group Inc. | Reduce -78.6% | 0.05% | −0.33 |
| ORLY O'reilly Automotive Inc. | Reduce -21.4% | 0.64% | −0.25 |
| BN Brookfield Corp. | Reduce -13.7% | 1.15% | −0.23 |
| HDB HDFC Bank Ltd.-ADR | Reduce -91.5% | 0.02% | −0.22 |
| SU Suncor Energy Inc. | Reduce -9.9% | 0.42% | −0.20 |
| NFLX Netflix Inc. | Reduce -3.0% | 0.39% | −0.20 |
| VMC Vulcan Materials Co. | Reduce -17.7% | 0.79% | −0.17 |
| YUMC Yum China Holdings Inc. | Reduce -6.5% | 0.42% | −0.17 |
| INVH Invitation Homes Inc. | Reduce -84.7% | 0.03% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -1.4% | 0.40% | −0.15 |
| META Meta Platforms Inc. Class A | Reduce -2.0% | 1.12% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -10.8% | 2.00% | −0.13 |
| PIEQ Principal Intl Eqty ETF | Reduce -21.9% | 0.43% | −0.13 |
| TDG Transdigm Group Inc. | Reduce -15.1% | 1.12% | −0.13 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -11.6% | 0.95% | −0.13 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.12 |
| MKL Markel Group Inc. | Reduce -23.4% | 0.30% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -4.2% | 0.50% | −0.11 |
| CRH CRH PLC | Reduce -63.5% | 0.05% | −0.10 |
| CVX Chevron Corp. | Reduce -1.8% | 0.25% | −0.10 |
| TMUS T-Mobile US Inc. | Reduce -23.7% | 0.12% | −0.10 |
| BIP Brookfield Infrastructure Pa | Reduce -11.9% | 0.43% | −0.09 |
| REG Regency Centers Corp. | Reduce -20.5% | 0.31% | −0.09 |
| AMT American Tower Corp. | Reduce -2.9% | 0.46% | −0.08 |
| PCOR Procore Technologies Inc. | Reduce -65.5% | 0.02% | −0.08 |
| MSCI MSCI Inc. | Reduce -16.3% | 0.31% | −0.08 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -92.5% | 0.01% | −0.07 |
| WCN Waste Connections Inc. | Reduce -53.9% | 0.06% | −0.07 |
| IDXX Idexx Laboratories Inc. | Reduce -15.7% | 0.19% | −0.07 |
| NICE Nice Ltd. - Spon ADR | Reduce -3.2% | 0.20% | −0.07 |
| RHP Ryman Hospitality Properties | Reduce -76.0% | 0.03% | −0.07 |
| WMT Walmart Inc. | Reduce -0.2% | 0.33% | −0.06 |
| PLD Prologis Inc. | Reduce -3.0% | 0.68% | −0.06 |
| EQIX Equinix Inc. | Reduce -4.0% | 0.97% | −0.06 |
| AVB Avalonbay Communities Inc. | Reduce -20.8% | 0.33% | −0.06 |
| CASY Casey's General Stores Inc. | Reduce -62.1% | 0.04% | −0.06 |
| GLDM SPDR Gold Minishares Trust | Reduce -96.8% | 0.00% | −0.06 |
| VTR Ventas Inc. | Reduce -8.9% | 0.61% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -3.3% | 0.59% | −0.06 |
| RPV Invesco S&P 500 Pure Value E | Sold out | 0.00% | −0.05 |
| HON Honeywell International Inc. | Reduce -1.0% | 0.04% | −0.05 |
| T AT&T Inc. | Reduce -2.1% | 0.08% | −0.05 |
| FAST Fastenal Co. | Reduce -17.2% | 0.17% | −0.05 |
| NDAQ Nasdaq Inc. | Reduce -36.5% | 0.05% | −0.04 |
| ABT Abbott Laboratories | Reduce -5.5% | 0.15% | −0.04 |
| DHR Danaher Corp. | Reduce -7.5% | 0.25% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -6.2% | 0.19% | −0.04 |
| CCI Crown Castle Inc. | Reduce -13.4% | 0.12% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| LCAP Principal CPTL Apprec S3 ETF | Add +1573.5% | 0.79% | +0.75 |
| MU Micron Technology Inc. | Add +6.5% | 0.95% | +0.67 |
| AMD Advanced Micro Devices | Add +9.7% | 0.58% | +0.38 |
| INTC Intel Corp. | Add +1.3% | 0.36% | +0.24 |
| LRCX Lam Research Corp. | Add +4.6% | 0.41% | +0.20 |
| AMAT Applied Materials Inc. | Add +3.0% | 0.36% | +0.18 |
| AVGO Broadcom Inc. | Add +0.0% | 1.62% | +0.18 |
| VALE Vale SA-SP ADR | Add +453.3% | 0.21% | +0.17 |
| ENTG Entegris Inc. | Add +1.2% | 0.53% | +0.16 |
| SNDK Sandisk Corp. | Add +14.2% | 0.21% | +0.16 |
| AAPL Apple Inc. | Add +0.5% | 3.05% | +0.16 |
| MRVL Marvell Technology Inc. | Add +10400.5% | 0.15% | +0.15 |
| USMC Principal US Mega-Cap ETF | Add +7.1% | 1.18% | +0.14 |
| LLY Eli Lilly & Co. | Add +2.4% | 0.74% | +0.14 |
| QGEN Qiagen N.V. | Add +120281.7% | 0.13% | +0.13 |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | Add +4180.8% | 0.13% | +0.12 |
| WDC Western Digital Corp. | Add +1.4% | 0.21% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.46% | +0.11 |
| SPOT Spotify Technology SA | Add +62.0% | 0.36% | +0.11 |
| TOST Toast Inc. Class A | Add +90.1% | 0.21% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +3.3% | 0.29% | +0.09 |
| SBAC SBA Communications Corp. | Add +722.7% | 0.10% | +0.09 |
| BXDC Blackstone Digital Infrastru | New | 0.09% | +0.09 |
| ESS Essex Property Trust Inc. | Add +25.5% | 0.30% | +0.08 |
| DKS Dick's Sporting Goods Inc. | Add +113.9% | 0.15% | +0.08 |
| PRM Perimeter Solutions Inc. | Add +11.9% | 0.25% | +0.08 |
| GE General Electric | Add +4.9% | 0.38% | +0.08 |
| WELL Welltower Inc. | Add +2.2% | 1.09% | +0.08 |
| DASH DoorDash Inc. Class A | Add +190.0% | 0.11% | +0.08 |
| C Citigroup Inc. | Add +34.0% | 0.22% | +0.08 |
| MAC The Macerich Co. | Add +463.5% | 0.09% | +0.07 |
| MCO Moody's Corp. | Add +35.1% | 0.33% | +0.07 |
| APH Amphenol Corp. Class A | Add +5.5% | 0.26% | +0.07 |
| STX Seagate Technology Holdings | Add +2.4% | 0.12% | +0.07 |
| TECK Teck Resources Ltd.-CLS B | Add +4.3% | 0.67% | +0.06 |
| SUNB Sunbelt Rentals Holdings Inc. | Add +20.0% | 0.29% | +0.06 |
| PSC Principal US Small-Cap ETF | Add +2.9% | 0.44% | +0.06 |
| AMH American Homes 4 Rent- A | Add +9.3% | 0.34% | +0.06 |
| GEV GE Vernova Inc. | Add +4.1% | 0.23% | +0.05 |
| GLW Corning Inc. | Add +1.4% | 0.11% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.4% | 0.11% | +0.05 |
| WPM Wheaton Precious Metals Corp. | Add +1724.6% | 0.05% | +0.05 |
| VEEV Veeva Systems Inc. Class A | Add +20.2% | 0.43% | +0.05 |
| WAT Waters Corp. | Add +9.3% | 0.21% | +0.04 |
| DELL Dell Technologies -C | Add +1.7% | 0.07% | +0.04 |
| AHR American Healthcare REIT Inc. | Add +20.1% | 0.23% | +0.04 |
| NHP National Healthcare Properti | New | 0.04% | +0.04 |
| TWLO Twilio Inc. Class A | Add +23.0% | 0.08% | +0.04 |
| CUZ Cousins Properties Inc. | Add +0.5% | 0.19% | +0.03 |
| WSM Williams-Sonoma Inc. | Add +15.7% | 0.13% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,154 | $203.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 2,177 | $187.2B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q4 2025 | 2,180 | $195.9B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 2,246 | $198.3B | MSFT, NVDA, AAPL, AMZN, BN |
| Q2 2025 | 2,224 | $189.2B | MSFT, NVDA, AMZN, AAPL, BN |
| Q1 2025 | 2,171 | $178.2B | MSFT, AAPL, NVDA, AMZN, TDG |
| Q4 2024 | 2,208 | $183.4B | MSFT, AAPL, NVDA, AMZN, BN |
| Q3 2024Amended | 2,220 | $183.2B | MSFT, AAPL, NVDA, AMZN, BN |
| Q2 2024 | 2,360 | $168.4B | MSFT, AAPL, NVDA, AMZN, TDG |
| Q1 2024 | 2,425 | $170.1B | MSFT, AMZN, AAPL, NVDA, TDG |