PRINCIPAL SECURITIES, INC.
Long book
$6.82B
Q1 2026
Positions
1410
Top-10 weight
22%
concentration
Last quarter
+11.1%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsPRINCIPAL SECURITIES, INC. is a wealth-management firm allocating client money, running a $6.82B US long book across 1410 positions.
The portfolio is broadly diversified across 1410 positions (top 10 only 22%). Turnover is modest: positions are typically held for years. Current anchor positions: PRINCIPAL US MEGA-CAP ETF, ISHARES CORE S&P 500 ETF, PRINCIPAL US SMALL-CAP ETF, PRINCIPAL INTL EQTY ETF, PRINCIPAL CPTL APPREC S3 ETF.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.8%
Q2 2024
+6.0%
Q3 2024
+0.1%
Q4 2024
-1.6%
Q1 2025
+8.9%
Q2 2025
+6.4%
Q3 2025
+2.2%
Q4 2025
-2.2%
Q1 2026
+11.1%
Sector allocation
Technology 34%
Financials 13%
Industrials 12%
Consumer discretionary 10%
Healthcare 8%
Services media 6%
Energy 4%
Utilities 3%
Long book by quarter
What does PRINCIPAL SECURITIES, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 480.4K | $83.8M | 1.2% | +12.7% |
| MSFT MICROSOFT CORP | Technology | 223.9K | $82.9M | 1.2% | +10.6% |
| AAPL APPLE INC | Technology | 315.0K | $79.9M | 1.2% | +8.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 338.9K | $70.6M | 1.0% | +4.8% |
| GOOGL ALPHABET INC-CL A | Technology | 194.8K | $56.0M | 0.8% | +1.2% |
| META META PLATFORMS INC-CLASS A | Technology | 71.9K | $41.2M | 0.6% | +5.8% |
| AVGO BROADCOM INC | Technology | 126.2K | $39.1M | 0.6% | +11.3% |
| GOOG ALPHABET INC-CL C | Technology | 130.5K | $37.4M | 0.5% | +6.7% |
| JPM JPMORGAN CHASE & CO | Financials | 102.6K | $30.2M | 0.4% | +5.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 53.6K | $25.7M | 0.4% | +8.9% |
| V VISA INC-CLASS A SHARES | Services media | 80.3K | $24.3M | 0.4% | +7.3% |
| LLY ELI LILLY & CO | Healthcare | 23.2K | $21.3M | 0.3% | +8.7% |
| XOM EXXON MOBIL CORP | Energy | 109.2K | $18.5M | 0.3% | +0.1% |
| TSLA TESLA INC | Industrials | 47.1K | $17.5M | 0.3% | +13.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 66.4K | $16.2M | 0.2% | +6.2% |
| WMT WALMART INC | Consumer discretionary | 130.3K | $16.2M | 0.2% | -2.8% |
| MA MASTERCARD INC - A | Services media | 32.4K | $16.2M | 0.2% | +8.7% |
| CVX CHEVRON CORP | Energy | 73.4K | $15.2M | 0.2% | +5.3% |
| AMAT APPLIED MATERIALS INC | Technology | 40.9K | $14.0M | 0.2% | +0.4% |
| CAT CATERPILLAR INC | Industrials | 19.4K | $13.8M | 0.2% | -8.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 82.2K | $13.6M | 0.2% | +8.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 1411 | $6.82B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 1345 | $6.48B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 3731 | $6.07B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 3679 | $5.32B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 3553 | $4.47B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 3548 | $4.44B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 3452 | $4.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 3394 | $3.63B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 3320 | $3.21B | canonical | SEC ↗ |