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PRINCIPAL SECURITIES, INC. — 13F Holdings & Portfolio

CIK 12600 · latest 13F-HR filed 2026-08-04

Backtest portfolio

PRINCIPAL SECURITIES, INC. manages $8.31B in 13F-reported U.S. long-equity assets across 1,539 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are PIEQ (4.77%), USMC (4.31%), IVV (3.35%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 185 new positions and exited 57; 878 existing positions rose in reported value and 258 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$8.31B

Long-equity book

Holdings
1,539

Distinct positions

Period
2026-06-30

Filed 2026-08-04

Q/Q Activity
+185 / −57 / ↑878 / ↓258

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
PIEQ4.8% · +167%USMC4.3% · +2%IVV3.4% · +20%PY3.1% · +3%LCAP2.3% · +20%BCHP1.9% · +0%IG1.6% · +33%GSUS1.5% · +4%NVDA1.2% · +7%AAPL1.2% · +7%YLD1.1% · +44%AGG1.1% · -34%MSFT1.1% · +4%AMZN1.0% · +3%IUSV0.9% · -4%SPYM0.9% · -3%GOOGL0.8% · -0%APUE0.8% · +8%VTI0.8% · -1%GCOR0.7% · +4%IWB0.7% · -19%IVW0.7% · +2%GSIE0.7% · +26%FTEC0.7% · -7%GBND0.7% · newIEFA0.7% · -10%SCHP0.6% · +2%GSLC0.6% · +27%AVGO0.6% · +2%IEMG0.6% · -28%SCHG0.6% · -4%IDEV0.6% · +8%GOOG0.6% · +3%IUSG0.5% · -9%META0.5% · +6%MBB0.5% · +21%QQQ0.5% · +19%IXUS0.5% · -5%GOVT0.5% · +27%VEA0.4% · -1%IUSB0.4% · +24%JPM0.4% · +4%TSM0.4% · +2%BND0.4% · +14%VTV0.4% · +6%DYNF0.4% · +13%GEM0.4% · +72%SPY0.4% · +44%SBAR0.4% · +29%V0.4% · +9%IJR0.4% · -50%APIE0.4% · +9%IVE0.4% · +1%LLY0.3% · +3%BRK.B0.3% · +5%PREF0.3% · +17%BAI0.3% · +82%MU0.3% · +20%ITOT0.3% · -2%AMAT0.3% · -15%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 25.2%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 29, 2017.

Assets Under Management
$183.08B
Discretionary
$183.08B
Employees
178
Accounts
148
Address
801 GRAND AVENUE
DES MOINES, IA 50392-2080
Phone
(800) 787-1621
Mailing Address
THE PRINCIPAL FINANCIAL GROUP 711 HIGH STREET, DES MOINES, IA, 50392-0200
Name Title / Status Ownership Type
BEER, MICHAEL, JON ControlPRESIDENT, DIRECTOR AND CEO
since Feb 2002
Less than 5%Individual
BOLLIN, TRACY, WAYNE ControlSENIOR VICE PRESIDENT, CHIEF OPERATING OFFICER AND DIRECTOR
since Oct 2015
Less than 5%Individual
BROWN, DAVID, JAMES ControlSENIOR VICE PRESIDENT
since Sep 2004
Less than 5%Individual
MCCAUGHAN, JAMES, PATRICK ControlDIRECTOR
since Nov 2016
Less than 5%Individual
PRINCIPAL FINANCIAL SERVICES, INC. Control100% STOCKHOLDER
since Dec 2006
75% or moreDomestic Entity
ROOT, TERI, RENAE ControlVICE PRESIDENT AND CHIEF COMPLIANCE OFFICER
since Oct 2015
Less than 5%Individual
SCHOLTEN, MICHAEL, JOSEPH ControlCHIEF FINANCIAL OFFICER
since Mar 2015
Less than 5%Individual
SHAFF, KAREN, ELIZABETH ControlDIRECTOR, EXECUTIVE VICE PRESIDENT/GENERAL COUNSEL AND SECRETARY
since Nov 2016
Less than 5%Individual
PRINCIPAL FINANCIAL GROUP, INC. Control
Indirect owner via PRINCIPAL FINANCIAL SERVICES, INC.
100% STOCKHOLDER
since Apr 2001
75% or moreDomestic Entity
Ownership & leadership changes · 9 filings with changes since Mar 26, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 29, 2017 filing
  • No longer listedELMING, GREGORY, BERNARD · DIRECTOR · Less than 5% · control person · listed since Nov 2012
Dec 19, 2016 filing
  • No longer listedWELCH, RANDY, LYNN · DIRECTOR · Less than 5% · control person · listed since Mar 2015
  • AddedMCCAUGHAN, JAMES, PATRICK · DIRECTOR · Less than 5% · control person
  • ChangedSHAFF, KAREN, ELIZABETH · title EXECUTIVE VICE PRESIDENT/GENERAL COUNSEL AND SECRETARY → DIRECTOR, EXECUTIVE VICE PRESIDENT/GENERAL COUNSEL AND SECRETARY
May 17, 2016 filing
  • No longer listedWOODS, CLINTON, LEE · CHIEF LEGAL OFFICER AND COUNSEL · Less than 5% · control person · listed since Jan 2015
  • AddedSHAFF, KAREN, ELIZABETH · EXECUTIVE VICE PRESIDENT/GENERAL COUNSEL AND SECRETARY · Less than 5% · control person
Mar 29, 2016 filing
  • Listed againWOODS, CLINTON, LEE · CHIEF LEGAL OFFICER AND COUNSEL · Less than 5% · control person
Nov 4, 2015 filing
  • No longer listedGILLUM, ERNEST, HAROLD · VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Sep 2004
  • AddedROOT, TERI, RENAE · VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedBEER, MICHAEL, JON · title PRESIDENT AND CEO → PRESIDENT, DIRECTOR AND CEO
  • ChangedBOLLIN, TRACY, WAYNE · title SENIOR VICE PRESIDENT AND DIRECTOR → SENIOR VICE PRESIDENT, CHIEF OPERATING OFFICER AND DIRECTOR
Apr 1, 2015 filing
  • No longer listedEVERETT, NORA, MARY · PRESIDENT AND CHAIRMAN · Less than 5% · control person · listed since Aug 2011
  • No longer listedWOODS, CLINTON, LEE · CHIEF LEGAL OFFICER AND COUNSEL · Less than 5% · control person · listed since Jan 2015
  • AddedSCHOLTEN, MICHAEL, JOSEPH · CHIEF FINANCIAL OFFICER · Less than 5% · control person
  • AddedWELCH, RANDY, LYNN · DIRECTOR · Less than 5% · control person
  • ChangedBEER, MICHAEL, JON · title DIRECTOR AND EXECUTIVE VICE PRESIDENT AND COO → PRESIDENT AND CEO
  • ChangedBOLLIN, TRACY, WAYNE · title CHIEF FINANCIAL OFFICER AND DIRECTOR → SENIOR VICE PRESIDENT AND DIRECTOR
Jan 5, 2015 filing
  • No longer listedROUGHTON, MICHAEL, DENNIS · SENIOR VICE PRESIDENT AND COUNSEL · Less than 5% · control person · listed since Sep 2004
  • AddedWOODS, CLINTON, LEE · CHIEF LEGAL OFFICER AND COUNSEL · Less than 5% · control person
Sep 4, 2014 filing
  • No longer listedBROWN, JILL, R · DIRECTOR AND SENIOR VICE PRESIDENT · Less than 5% · control person · listed since Nov 2012
  • ChangedBOLLIN, TRACY, WAYNE · title CHIEF FINANCIAL OFFICER → CHIEF FINANCIAL OFFICER AND DIRECTOR
Nov 19, 2012 filing
  • No longer listedEUCHER, RALPH, CRAIG · DIRECTOR · Less than 5% · control person · listed since Mar 2008
  • AddedELMING, GREGORY, BERNARD · DIRECTOR · Less than 5% · control person
  • ChangedBROWN, JILL, R · title DIRECTOR → DIRECTOR AND SENIOR VICE PRESIDENT
Mar 26, 2012 filing (earliest on record)
  • ListedBEER, MICHAEL, JON · DIRECTOR AND EXECUTIVE VICE PRESIDENT AND COO · Less than 5% · control person
  • ListedBOLLIN, TRACY, WAYNE · CHIEF FINANCIAL OFFICER · Less than 5% · control person
  • ListedBROWN, DAVID, JAMES · SENIOR VICE PRESIDENT · Less than 5% · control person
  • ListedBROWN, JILL, R · DIRECTOR · Less than 5% · control person
  • ListedEUCHER, RALPH, CRAIG · DIRECTOR · Less than 5% · control person
  • ListedEVERETT, NORA, MARY · PRESIDENT AND CHAIRMAN · Less than 5% · control person
  • ListedGILLUM, ERNEST, HAROLD · VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedPRINCIPAL FINANCIAL GROUP, INC. · 100% STOCKHOLDER · 75% or more · indirect via PRINCIPAL FINANCIAL SERVICES, INC. · control person
  • ListedPRINCIPAL FINANCIAL SERVICES, INC. · 100% STOCKHOLDER · 75% or more · control person
  • ListedROUGHTON, MICHAEL, DENNIS · SENIOR VICE PRESIDENT AND COUNSEL · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

PRINCIPAL SECURITIES, INC. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 PRINCIPAL EXCHANGE TRADED FD PIEQ 74255Y698 $396.3M 4.77% 11,041,875 SH
2 PRINCIPAL EXCHANGE TRADED FD USMC 74255Y870 $357.6M 4.31% 4,823,521 SH
3 ISHARES TR IVV 464287200 $278.5M 3.35% 371,938 SH
4 PRINCIPAL EXCHANGE TRADED FD LCAP 74255Y680 $192.3M 2.32% 5,804,126 SH
5 PRINCIPAL EXCHANGE TRADED FD PSC 74255Y607 $172.3M 2.07% 2,457,408 SH
6 PRINCIPAL EXCHANGE TRADED FD BCHP 74255Y714 $154.1M 1.86% 4,261,372 SH
7 PRINCIPAL EXCHANGE TRADED FD IG 74255Y821 $133.0M 1.60% 6,438,151 SH
8 GOLDMAN SACHS ETF TR GSUS 381430123 $124.7M 1.50% 1,209,324 SH
9 NVIDIA CORPORATION NVDA 67066G104 $102.5M 1.23% 512,188 SH
10 APPLE INC AAPL 037833100 $97.4M 1.17% 336,456 SH
11 PRINCIPAL EXCHANGE TRADED FD YLD 74255Y102 $91.7M 1.10% 4,807,872 SH
12 ISHARES TR AGG 464287226 $88.4M 1.06% 893,305 SH
13 PRINCIPAL EXCHANGE TRADED FD PY 74255Y300 $87.2M 1.05% 1,617,997 SH
14 MICROSOFT CORP MSFT 594918104 $87.2M 1.05% 233,753 SH
15 AMAZON COM INC AMZN 023135106 $82.9M 1.00% 347,640 SH
16 ISHARES TR IUSV 464287663 $73.9M 0.89% 671,256 SH
17 SPDR SERIES TRUST SPYM 78464A854 $73.7M 0.89% 838,885 SH
18 ALPHABET INC GOOGL 02079K305 $69.4M 0.84% 194,208 SH
19 TRUST FOR PROFESSIONAL MANAG APUE 89834G729 $68.6M 0.83% 1,483,929 SH
20 VANGUARD INDEX FDS VTI 922908769 $62.4M 0.75% 168,597 SH
21 GOLDMAN SACHS ETF TR GCOR 38149W101 $62.1M 0.75% 1,507,766 SH
22 ISHARES TR IWB 464287622 $60.3M 0.73% 147,167 SH
23 ISHARES TR IVW 464287309 $58.9M 0.71% 428,592 SH
24 GOLDMAN SACHS ETF TR GSIE 381430107 $57.9M 0.70% 1,266,757 SH
25 FIDELITY COVINGTON TRUST FTEC 316092808 $56.8M 0.68% 198,769 SH
26 GOLDMAN SACHS ETF TR GBND 38149W473 $55.8M 0.67% 1,104,041 SH
27 ISHARES TR IEFA 46432F842 $55.6M 0.67% 575,931 SH
28 SCHWAB STRATEGIC TR SCHP 808524870 $52.4M 0.63% 1,978,213 SH
29 GOLDMAN SACHS ETF TR GSLC 381430503 $50.4M 0.61% 355,063 SH
30 BROADCOM INC AVGO 11135F101 $48.5M 0.58% 128,290 SH
31 ISHARES INC IEMG 46434G103 $48.2M 0.58% 582,315 SH
32 SCHWAB STRATEGIC TR SCHG 808524300 $48.0M 0.58% 1,417,627 SH
33 ISHARES TR IDEV 46435G326 $47.8M 0.58% 536,680 SH
34 ALPHABET INC GOOG 02079K107 $47.5M 0.57% 134,297 SH
35 ISHARES TR IUSG 464287671 $43.6M 0.53% 231,839 SH
36 META PLATFORMS INC META 30303M102 $43.0M 0.52% 76,424 SH
37 ISHARES TR MBB 464288588 $42.5M 0.51% 449,653 SH
38 INVESCO QQQ TR QQQ 46090E103 $41.1M 0.50% 55,842 SH
39 ISHARES TR IXUS 46432F834 $38.6M 0.46% 404,333 SH
40 ISHARES TR GOVT 46429B267 $37.8M 0.45% 1,657,284 SH
41 VANGUARD TAX-MANAGED FDS VEA 921943858 $35.3M 0.43% 495,560 SH
42 ISHARES TR IUSB 46434V613 $35.1M 0.42% 760,235 SH
43 JPMORGAN CHASE &CO JPM 46625H100 $34.9M 0.42% 106,584 SH
44 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $34.7M 0.42% 72,621 SH
45 VANGUARD BD INDEX FDS BND 921937835 $34.2M 0.41% 465,841 SH
46 VANGUARD INDEX FDS VTV 922908744 $33.9M 0.41% 155,650 SH
47 BLACKROCK ETF TRUST DYNF 09290C103 $32.8M 0.39% 481,587 SH
48 GOLDMAN SACHS ETF TR GEM 381430206 $31.0M 0.37% 596,572 SH
49 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $30.4M 0.37% 40,728 SH
50 SIMPLIFY EXCHANGE TRADED FUN SBAR 82889N335 $30.1M 0.36% 1,174,200 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-04 $8.31B 1,539 0000012600-26-000012
2026-03-31 2026-05-13 $6.82B 1,411 0000012600-26-000009
2025-12-31 2026-02-12 $6.48B 1,345 0000012600-26-000001
2025-09-30 2025-11-12 $6.07B 3,731 0000012600-25-000011
Filer Information
Address
711 HIGH STREET
DES MOINES, IA 50392
Phone
(516) 501-2046
Filing Manager
PRINCIPAL SECURITIES, INC.
DES MOINES, IA
Signatory
Thomas Drogan
Chief Compliance Officer