Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Principal Financial Group Inc for the quarter ended September 30, 2017. The report discloses the equity holdings of the institutional investment manager and four other included managers: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Life Insurance Co; and Principal Financial Services, Inc.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the company's operational financial performance (e.g., revenue, profit, or cash flow). The filing provides the following aggregate data regarding the reported securities:
- Total Value of Reported Holdings: $103,116,873,000 (103.1 billion)
- Total Number of Holdings Entries: 3,649
- Number of Other Included Managers: 4
Note: The filing text does not provide values for revenue, profit, margins, debt, or liquidity as these are not required in a 13F-HR report.
Material Changes
The filing text does not provide comparative data against the prior period (June 30, 2017) to calculate material changes in holdings value or composition. The document serves as a snapshot of holdings at the end of the reporting period.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, risk factors, or contingencies. It is a regulatory disclosure of long-only equity positions.
Important Facts for Investors to Verify
- Verify the total reported value of $103.1 billion against the company's total assets under management (AUM) to understand the scope of reported holdings.
- Confirm the list of 4 other included managers to ensure all relevant investment vehicles under the Principal Financial Group umbrella are accounted for.
- Note that this report excludes non-equity assets (such as bonds, real estate, or derivatives) and short positions, which may constitute a significant portion of the firm's total portfolio.
- Review the specific holdings schedule (not included in this summary text) to identify top 10 positions and sector concentration.