Principal Securities portfolio

What changed this quarter

1408 positions with a change (160 new, 751 added to, 455 trimmed, 42 sold); also, 2 entered through an IPO, 1 exited through an acquisition or merger, 4 entered through a spin-off. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Principal International Eqty ETF+167%more sharesIncreased
  2.1% → 4.8%
• Goldman Sachs Core Bond ETF+0.7 ppof portfolioNew
  — → 0.7%
• iShares Core S&P 500 ETF+20%more sharesIncreased
  3.0% → 3.4%
• iShares Core U.s. Aggregate ETF−34%fewer sharesReduced
  2.0% → 1.1%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Principal International Eqty ETFPIEQ4.8%
• Principal US Mega-cap ETFUSMC4.3%
• iShares Core S&P 500 ETFIVV3.4%
• Principal Cptl Apprec S3 ETFLCAP2.3%
• Principal US Small-cap ETFPSC2.1%
• Principal FOC Blue Chip ETFBCHP1.9%
• Prin Invest Grad Corp ETF-ui ETFIG1.6%
• Goldman Sachs Marketbeta US ETFGSUS1.5%
• AlphabetGOOGL · GOOG1.4%
• NVIDIANVDA1.2%
• AppleAAPL1.2%
• Principal ACT HI YLD ETFYLD1.1%
• iShares Core U.s. Aggregate ETFAGG1.1%
• Principal Value ETFPY1.1%
• MicrosoftMSFT1.0%
• Amazon.comAMZN1.0%
• iShares Core S&P U.s. Value ETFIUSV0.9%
• STE Str SPDR PT S&P 500 ETFSPYM0.9%
• Trust for Professional ManagAPUE0.8%
• Vanguard Index FundsVTI0.8%
• Goldman Sachs Access US AGG ETFGCOR0.7%
• iShares Russell 1000 ETFIWB0.7%
• iShares S&P 500 Growth ETFIVW0.7%
• Goldman Sachs Activebeta Int ETFGSIE0.7%
• Fidelity Msci Info Tech Indx ETFFTEC0.7%
• Goldman Sachs Core Bond ETFGBND0.7%
• iShares Core Msci Eafe ETFIEFA0.7%
• Schwab U.s. Tips ETFSCHP0.6%
• Goldman Activebeta US LC ETFGSLC0.6%
• BroadcomAVGO0.6%
• IsharesIEMG0.6%
• Schwab US Large-cap Growth ETFSCHG0.6%
• iShares Core Msci DEV Mkts ETFIDEV0.6%
• iShares Core S&P U.s. Growth ETFIUSG0.5%
• Meta PlatformsMETA0.5%
• iShares MBS ETFMBB0.5%
• Invesco QQQ Trust Series 1 ETFQQQ0.5%
• iShares Core International Stock ETFIXUS0.5%
• iShares US Treasury Bond ETFGOVT0.5%
• Vanguard Ftse Developed ETFVEA0.4%
• Ishares TrIUSB0.4%
• JPMorgan ChaseJPM0.4%
• Taiwan Semiconductor ManufacturingTSM0.4%
• Vanguard Total Bond Market ETFBND0.4%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.4%
• BlackRock ETF TrustDYNF0.4%
• Goldman Sachs Activebeta EM ETFGEM0.4%
• State Str Spdr S&P 500 ETF TSPY0.4%
• Simplify Barrier Income ETFSBAR0.4%
• VisaV0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• Trust for Professional ManagAPIE0.4%
• iShares S&P 500 Value ETFIVE0.4%
• Eli LillyLLY0.3%
• Berkshire HathawayBRK/B0.3%
• Principal Exchange Traded FundPREF0.3%
• BlackRock ETF TrustBAI0.3%
• Micron TechnologyMU0.3%
• iShares Core S&P Total U.s ETFITOT0.3%
• Applied MaterialsAMAT0.3%
• Vanguard S/t Corp Bond ETFVCSH0.3%
• Vanguard Long-term Treasury ETFVGLT0.3%
• Invesco Exchange Traded Fund TXMMO0.3%
• Ishares TrHYG0.3%
• iShares Msci USA Quality FAC ETFQUAL0.3%
• Trust for Professional ManagAPCB0.3%
• J P Morgan Exchange Traded FundJEPI0.3%
• CaterpillarCAT0.3%
• Lam ResearchLRCX0.2%
• TeslaTSLA0.2%
• Advanced Micro DevicesAMD0.2%
• Vaneck ETF TrustSMH0.2%
• Schwab Fndmntl EM MRK Eq ETFFNDE0.2%
• Schwab Fndmntl US LRG Co ETFFNDX0.2%
• Global X Nasd 100 COV Call ETFQYLD0.2%
• Vanguard Health Care ETFVHT0.2%
• Capital Group Dividend ValueCGDV0.2%
• Vanguard Extended Market ETFVXF0.2%
• Global X S&P 500 Cove Call E ETFXYLD0.2%
• State Street SPDR P S&P 600 Small Cap ETFSPSM0.2%
• MastercardMA0.2%
• Goldman Sachs INV GRD ETFGIGB0.2%
• Johnson & JohnsonJNJ0.2%
• KLAKLAC0.2%
• Principal RL EST ACT OPP ETFBYRE0.2%
• Ishares TrLQD0.2%
• Schwab Emrg Mrkts Eqty ETFSCHE0.2%
• Schwab US Reit ETFSCHH0.2%
• Vanguard Index FundsVOE0.2%
• IsharesEWG0.2%
• Goldman SS MB RL 1000 GE ETFGGUS0.2%
• State Street SPDR P Long Term C ETFSPLB0.2%
• Invesco Actively Managed EXCGSY0.2%
• Capital Group Core Equity ETCGUS0.2%
• Vanguard Index FundsVO0.2%
• Philip Morris InternationalPM0.2%
• iShares Msci USA Momentum FA ETFMTUM0.2%
• Principal SP & Inc ETF-us In ETFPQDI0.2%
• Eaton Vance Tax-managed DiveXETYX0.2%