Principal Financial Group Sees Increased Investment from TD Asset Management

Asset management firm boosts stake in financial services company by 13.9% in Q3 2025

Mar. 3, 2026 at 7:31am

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According to a recent SEC filing, TD Asset Management Inc. increased its holdings in Principal Financial Group, Inc. (NYSE: PFG) by 13.9% during the third quarter of 2025. The asset management firm now owns approximately 124,393 shares of the financial services company's stock, worth around $10.3 million.

Why it matters

This investment increase by a major institutional investor signals confidence in Principal Financial Group's performance and growth prospects. As a leading provider of retirement, investment management, and insurance solutions, Principal's financial health is an important indicator for the broader financial services industry.

The details

TD Asset Management's increased stake in Principal Financial Group comes as the company continues to expand its product offerings and client base. Principal has seen strong demand for its 401(k) and other workplace retirement plans, as well as its individual retirement accounts and annuity products.

  • TD Asset Management increased its holdings in Principal Financial Group during the third quarter of 2025.

The players

Principal Financial Group, Inc.

A global financial services company headquartered in Des Moines, Iowa that provides retirement, investment management, and insurance solutions for individual, employer, and institutional clients.

TD Asset Management Inc.

A Canadian investment management firm that is a subsidiary of Toronto-Dominion Bank and one of the largest asset managers in North America.

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The takeaway

Principal Financial Group's increased institutional investment signals confidence in the company's ability to navigate the evolving financial services landscape and continue delivering value to its diverse client base.