SEC Filing Summary: Principal Financial Group Inc (Form 13F)
Business Context and Reporting Period
Company: Principal Financial Group Inc
Filing Type: Form 13F Information Table
Reporting Period: Second Quarter ended June 30, 2016
Context: This filing discloses the equity securities held by Principal Financial Group Inc as a registered investment manager. The data represents holdings as of the end of the quarter and does not reflect the company's own operating financial results (revenue, profit, etc.).
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F is a disclosure of investment holdings, not an operating financial statement (such as a 10-Q or 10-K).
Portfolio Composition: The portfolio consists of hundreds of individual equity positions across various sectors, including Financials, Technology, Healthcare, Consumer Staples, and Energy. The table lists the number of shares and the approximate value (in thousands) for each holding.
Material Changes vs. Prior Period
Comparison Data: The filing text does not provide a clear value for changes versus the prior comparable period. This specific document contains only the snapshot of holdings for the current quarter (June 30, 2016) and does not include the previous quarter's data for direct comparison within the text provided.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not provide a clear value for guidance, outlook, or management commentary.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Top Holdings by Value: The portfolio includes significant positions in major corporations. Notable holdings include:
- General Electric Co: 14,360,457 shares
- Microsoft Corp: 14,336,886 shares
- Cisco Systems Inc: 14,522,205 shares
- Intel Corp: 10,008,838 shares
- Bank of America Corp: 16,109,926 shares
- Wells Fargo & Co: 9,640,807 shares
- Exxon Mobil Corp: 8,174,109 shares
- Apple Inc: 8,128,284 shares
- Prologis Inc: 8,050,803 shares
- Zoetis Inc: 9,780,313 shares
- Voting Authority: The filing indicates that Principal Financial Group Inc generally holds "Sole" voting authority for the majority of these positions, with some instances of "Shared" or "None" authority noted for specific holdings.
- Investment Discretion: The manager reports having sole discretion over the majority of the listed securities.
- Data Limitation: Investors should note that this document lists holdings in thousands of dollars and shares but does not disclose the total aggregate value of the entire portfolio or the specific performance of the funds managed by Principal.