PRINCIPAL FINANCIAL GROUP INC (PFG)
SEC filings, insider trading & institutional ownership from EDGAR.
Principal Financial Group, Inc. is a global financial services company providing retirement, asset management, workplace benefits, and protection solutions to businesses, individuals, and institutional clients worldwide, reporting $1,814.6 billion in assets under administration, including $781.0 billion in assets under management, as of December 31, 2025. The company operates through three reportable segments—Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection—plus a Corporate segment. Its global asset management operations serve institutional, retirement, high-net-worth, and retail investors through diversified investment capabilities spanning equity, fixed income, real estate, and alternative investments, while its international asset management and accumulation businesses target growing retirement demand from aging populations globally.
In the U.S., the company is a leading provider of defined contribution plans (including 401(k) and 403(b) plans), defined benefit plans, nonqualified executive benefit plans, stock services including ESOPs and equity compensation, and pension risk transfer services, primarily targeting small and medium-sized businesses it views as an underserved, high-growth market. Through its Workplace Savings and Retirement Solutions (WSRS) business, the company served over 42,000 defined contribution plans ($625.3 billion in assets, ~11.3 million participants) and over 1,600 defined benefit plans ($17.2 billion in assets, over 371,000 participants) as of year-end 2025, distributing products via a captive retirement services sales force, the Principal Advantage mutual fund platform, broker-dealer channels, and independent advisors. The company also offers individual variable annuities and registered index-linked annuities (RILAs) to individuals seeking retirement savings and income, sold primarily through affiliated financial representatives, with $7.4 billion in variable annuity account balances as of December 31, 2025.
Investment-only products, including guaranteed investment contracts and funding agreements, are sold to large institutional clients and through funding agreement-backed note programs to U.S. and foreign institutional investors. Its pension risk transfer business provides single premium group annuities primarily to plan sponsors terminating defined benefit plans, distributed through specialized sales consultants, brokers, and retirement services representatives. Additionally, the company operates Principal Bank, a federal savings bank serving nearly 816,000 customers with about $9.3 billion in assets, offering FDIC-insured deposit products and IRAs, along with Principal Custody Solutions providing trust and custodial services to corporations, endowments, foundations, healthcare organizations, insurers, and government entities, and Principal Trust Company, a Delaware-chartered non-deposit trust company with over 36,000 accounts and approximately $737.9 billion in assets under administration, offering trust and administrative solutions for employee benefit plans and personal trusts.
AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.
Financials
As reported to the SEC via XBRL, no adjustments
| Diluted EPS | $5.25 |
| Net margin | 8.0% |
Latest filings
10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR
| Form | Filed | Accession |
|---|---|---|
| 8-K | Sep 9, 2026 | 0001104659-26-106416EDGAR |
| 4STRABLE-SOETHOUT DEANNA D | Sep 8, 2026 | 0001126328-26-000182EDGAR |
| 4Friedrich Amy Christine | Aug 11, 2026 | 0001126328-26-000180EDGAR |
| 10-Q | Jul 29, 2026 | 0001104659-26-088071EDGAR |
| 8-K | Jul 27, 2026 | 0001104659-26-087091EDGAR |
| 8-K | Jul 20, 2026 | 0001104659-26-085051EDGAR |
| 4Mitchell H Elizabeth | Jun 30, 2026 | 0001126328-26-000177EDGAR |
| 4RIVERA ALFREDO | Jun 30, 2026 | 0001126328-26-000176EDGAR |
Insider trading
From Form 4 filings
| Insider | Date | Type |
|---|---|---|
| STRABLE-SOETHOUT DEANNA D | Sep 3, 2026 | Disposition |
| STRABLE-SOETHOUT DEANNA D | Sep 3, 2026 | Grant / award |
| Friedrich Amy Christine | Aug 7, 2026 | Disposition |
| Friedrich Amy Christine | Aug 7, 2026 | Grant / award |
| McCullum Kenneth A. | Jun 26, 2026 | Grant / award |
Top holders
13F & 13D/G · latest quarter
| Holder | Stake | Filed | Value |
|---|---|---|---|
| BlackRock, Inc. | 9.3% | Aug 7, 2026 | $2.16B |
| Vanguard Capital Management | 6.2% | Aug 13, 2026 | $1.45B |
| Vanguard Portfolio Management | 5.2% | Aug 13, 2026 | $1.21B |
| STATE STREET CORPORATION | 4.8% | Aug 7, 2026 | $1.11B |
| BANK OF AMERICA CORP /DE/ | 3.2% | Aug 14, 2026 | $741.96M |
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Data as of Sep 15, 2026Source: SEC EDGAR.