§ 13F · FUND PROFILE
PRINCIPAL FINANCIAL GROUP INC.
Insurance, pension, income-focused
AUM · $203.6B (13F)Positions · 4413Turnover · 48% · Q2Filed · Aug 4, 2026
CONCENTRATION
19%
Top 10 holdings
NEW BUYS
+107
+$1.3B deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → SEMICONDUCTORS
-3pp · +3pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 4, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 37.44M | $7.5B | 3.7% | −3% |
| 2 | AAPL | APPLE INC | 20.98M | $6.1B | 3.0% | +1% |
| 3 | MSFT | MICROSOFT CORP | 13.29M | $5.0B | 2.4% | −8% |
| 4 | AMZN | AMAZON COM INC | 16.53M | $3.9B | 1.9% | −11% |
| 5 | GOOGL | ALPHABET INC | 9.98M | $3.6B | 1.8% | −7% |
| 6 | AVGO | BROADCOM INC | 8.48M | $3.2B | 1.6% | ±0% |
| 7 | GOOG | ALPHABET INC | 7.00M | $2.5B | 1.2% | ±0% |
| 8 | META | META PLATFORMS INC | 3.94M | $2.2B | 1.1% | −2% |
| 9 | BN | BROOKFIELD CORP | 51.84M | $2.2B | 1.1% | −14% |
| 10 | WELL | WELLTOWER INC | 9.62M | $2.2B | 1.1% | +2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other46.2% (−3pp)
Semiconductors11.0% (+3pp)
Real Estate11.0% (−1pp)
Technology10.0% (±0)
Financial Services7.7% (±0)
Media6.9% (±0)
§ 03 · THE PRINCIPAL SIGNAL
AC read
PRINCIPAL FINANCIAL GROUP INC is a Income / Defensive fund managing $203.6 billion in assets. The fund runs a massive portfolio of 4,413 positions, broad diversification across holdings. Trading activity is aggressive at 48% quarterly turnover, with 107 new positions and 0 exits last quarter. Top sector allocations: Other (46%), Semiconductors (11%), Real Estate (11%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Busy quarter
+107 buys · −0 exits · 2021 changed
Q1 2026
Busy quarter
+134 buys · −0 exits · 2027 changed
Q4 2025
Busy quarter
+54 buys · −0 exits · 2102 changed
Q3 2025
Busy quarter
+138 buys · −0 exits · 2092 changed