Principal Global Investors Portfolio
Principal Global Investors 13F filer (CIK 0001126328).
Q2 2026 · 2145 positions · Total reported value $203.46B · Top-10 concentration 19.5%
Turnover: 45.8% · 96 new · 817 cut · 127 exited
Active Share (vs S&P 500): 49.2% · vs QQQ: 71.7% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Principal Global Investors disclosed 2145 equity positions with a combined reported value of $203.46B. The filing implies a diversified portfolio: its ten largest positions account for 19.5% of reported value. HoldingsHub classifies the profile as Mega / Diversified / High Turnover.
The largest disclosed positions as of Q2 2026 were NVDA ($7.68B), AAPL ($6.21B), MSFT ($5.13B). By sector, the heaviest allocations are Technology 26.9%, Consumer Discretionary 16.9%. Versus the prior quarter, allocation shifted toward Technology (+3.1pp), Utilities (+2.4pp) and away from Financials (-0.9pp), Consumer Discretionary (-1.7pp).
Versus the prior quarter, Principal Global Investors opened 96 new positions, trimmed 817 and fully exited 127, a turnover rate of 45.8% of positions. The portfolio's overlap with the prior quarter was 90% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 38.41M | $7.68B | 3.78% | Reduce |
| 2 | AAPL | APPLE INC | 21.45M | $6.21B | 3.05% | Add |
| 3 | MSFT | MICROSOFT CORP | 13.74M | $5.13B | 2.52% | Reduce |
| 4 | AMZN | AMAZON COM INC | 17.09M | $4.07B | 2.00% | Reduce |
| 5 | GOOGL | ALPHABET INC | 10.36M | $3.70B | 1.82% | Reduce |
| 6 | AVGO | BROADCOM INC | 8.72M | $3.30B | 1.62% | Hold |
| 7 | GOOG | ALPHABET INC | 7.17M | $2.53B | 1.25% | Hold |
| 8 | USMC | PRINCIPAL US MEGA-CAP ETF | 32.30M | $2.39B | 1.18% | Add |
| 9 | BN | BROOKFIELD CORP | 55.06M | $2.34B | 1.15% | Reduce |
| 10 | META | META PLATFORMS INC. CLASS A | 4.07M | $2.29B | 1.13% | Reduce |
| 11 | TDG | TRANSDIGM GROUP INC | 1.71M | $2.28B | 1.12% | Reduce |
| 12 | WELL | WELLTOWER INC | 9.81M | $2.23B | 1.09% | Add |
| 13 | HEIA | HEICO CORP NEW | 7.71M | $1.99B | 0.98% | Reduce |
| 14 | EQIX | EQUINIX INC | 1.90M | $1.98B | 0.97% | Reduce |
| 15 | MU | MICRON TECHNOLOGY INC | 1.67M | $1.93B | 0.95% | Add |
| 16 | HLT | HILTON WORLDWIDE HLDGS INC | 5.84M | $1.93B | 0.95% | Reduce |
| 17 | LYV | LIVE NATION ENTERTAINMENT IN | 9.97M | $1.83B | 0.90% | Reduce |
| 18 | IVV | ISHARES TR | 2.42M | $1.81B | 0.89% | Reduce |
| 19 | KKR | KKR & CO INC | 19.68M | $1.81B | 0.89% | Add |
| 20 | VMC | VULCAN MATLS CO | 5.47M | $1.61B | 0.79% | Reduce |
| 21 | LCAP | PRINCIPAL CPTL APPREC S3 ETF | 48.56M | $1.61B | 0.79% | Add |
| 22 | V | VISA INC | 4.69M | $1.61B | 0.79% | Reduce |
| 23 | TSLA | TESLA INC | 3.78M | $1.59B | 0.78% | Reduce |
| 24 | JPM | JPMORGAN CHASE & CO | 4.82M | $1.58B | 0.78% | Reduce |
| 25 | LLY | ELI LILLY & CO | 1.26M | $1.51B | 0.74% | Add |
| 26 | PLD | PROLOGIS INC. | 10.19M | $1.38B | 0.68% | Reduce |
| 27 | CBRE | CBRE GROUP INC | 10.24M | $1.38B | 0.68% | Add |
| 28 | TECK | TECK RESOURCES LTD | 23.00M | $1.37B | 0.67% | Add |
| 29 | ORLY | OREILLY AUTOMOTIVE INC | 14.21M | $1.31B | 0.64% | Reduce |
| 30 | VTR | VENTAS INC | 13.97M | $1.24B | 0.61% | Reduce |
| 31 | MLM | MARTIN MARIETTA MATLS INC | 2.12M | $1.22B | 0.60% | Add |
| 32 | MA | MASTERCARD INCORPORATED | 2.36M | $1.21B | 0.59% | Reduce |
| 33 | BRKB | BERKSHIRE HATHAWAY INC DEL | 2.39M | $1.20B | 0.59% | Hold |
| 34 | AMD | ADVANCED MICRO DEVICES INC | 2.04M | $1.19B | 0.58% | Add |
| 35 | ENTG | ENTEGRIS INC | 5.96M | $1.07B | 0.53% | Add |
| 36 | COST | COSTCO WHOLESALE CORPORATION | 1.09M | $1.02B | 0.50% | Reduce |
| 37 | BRO | BROWN & BROWN INC | 15.72M | $1.01B | 0.50% | Add |
| 38 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 1.97M | $941.31M | 0.46% | Hold |
| 39 | AMT | AMERICAN TOWER CORP | 5.74M | $939.30M | 0.46% | Reduce |
| 40 | PSC | PRINCIPAL US SMALL-CAP ETF | 12.91M | $904.74M | 0.45% | Add |
| 41 | VEEV | VEEVA SYS INC | 4.98M | $883.67M | 0.43% | Add |
| 42 | PIEQ | PRINCIPAL EXCHANGE TRADED FD | 24.67M | $880.51M | 0.43% | Reduce |
| 43 | EXR | EXTRA SPACE STORAGE INC | 6.06M | $880.12M | 0.43% | Reduce |
| 44 | BIP | BROOKFIELD INFRASTRUCTURE PA | 23.78M | $867.61M | 0.43% | Reduce |
| 45 | YUMC | YUM CHINA HLDGS INC | 21.13M | $861.18M | 0.42% | Reduce |
| 46 | JNJ | JOHNSON & JOHNSON | 3.38M | $859.42M | 0.42% | Hold |
| 47 | H | HYATT HOTELS CORP | 4.43M | $858.77M | 0.42% | Reduce |
| 48 | SU | SUNCOR ENERGY INC NEW | 15.92M | $856.44M | 0.42% | Reduce |
| 49 | LRCX | LAM RESEARCH CORP | 1.92M | $834.09M | 0.41% | Add |
| 50 | XOM | EXXON MOBIL CORP | 6.01M | $822.10M | 0.40% | Reduce |