Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Principal Financial Group Inc for the reporting period ended December 31, 2019. The report was signed on February 3, 2020, by Jill Hittner, Chief Financial Officer of Principal Global Investors, LLC. It serves as a 13F Combination Report, covering holdings for the filing manager and four other included managers.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the company's operational financial performance (revenue, profit, cash flow, or debt). The following portfolio metrics are disclosed:
- Total Portfolio Value: $120,014,910,000 (reported in thousands).
- Total Number of Holdings: 3,490 entries.
- Number of Other Included Managers: 4.
Note: Operational metrics such as revenue, profit margins, and liquidity are not provided in this filing type.
Material Changes
The filing text does not provide comparative data against the prior period (September 30, 2019) to determine material changes in holdings or portfolio value. This document represents a snapshot of holdings at the end of the reporting period.
Guidance, Outlook, and Risks
This filing contains no management commentary, forward-looking guidance, or specific risk factors regarding the company's operations. It strictly lists securities held. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Important Facts for Investors to Verify
- Verify the total portfolio value of approximately $120 billion against the company's broader 10-K filing for context on asset allocation.
- Confirm the specific breakdown of the 3,490 holdings to understand sector concentration.
- Note that this report aggregates data for Principal Financial Group Inc and four other managers (Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Life Insurance Co; Principal Financial Services, Inc).
- Recognize that this document does not reflect the company's own financial health (revenue, earnings, debt) but rather its investment portfolio.