SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: Principal Financial Group, Inc.
Reporting Period: Quarter ended September 30, 2004
Filing Date: November 12, 2004
Scope: This report discloses equity holdings for Principal Financial Group, Inc. 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
Total Portfolio Value: $17,518,865,000 (Reported as $17,518,865 in thousands)
Total Number of Holdings: 1,993 entries
Top 5 Holdings by Share Count:
- Microsoft Corp.: 9,452,135 shares
- General Electric Co.: 8,593,413 shares
- Cisco Systems, Inc.: 6,987,620 shares
- Exxon Mobil Corp.: 5,847,922 shares
- Intel Corp.: 5,614,691 shares
Note: As a Form 13F filing, this document reports holdings of equity securities only. It does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics for Principal Financial Group itself.
Material Changes and Portfolio Composition
This filing represents a snapshot of holdings as of September 30, 2004. It does not provide comparative data against the prior quarter (June 30, 2004) to determine material changes in position size or new entries versus deletions. The portfolio is heavily diversified across sectors, with significant exposure to Technology, Financials, Energy, and Healthcare.
Outlook, Risks, and Management Commentary
Management Commentary: None provided. Form 13F filings are statutory disclosures of holdings and do not include management discussion, guidance, or outlook.
Risks and Contingencies: None disclosed in this specific filing format. The filing contains a standard representation that the information is true, correct, and complete.
Investor Verification Checklist
- Portfolio Concentration: Verify the impact of the top 10 holdings (including Microsoft, GE, Cisco, Exxon, Intel, Pfizer, Procter & Gamble, Time Warner, SBC Communications, and Wal-Mart) on the overall portfolio risk.
- Valuation Basis: Confirm that the reported value ($17.5 billion) reflects market value at the close of the reporting period (Sept 30, 2004).
- Manager Attribution: Distinguish between holdings managed solely by Principal Financial Group, Inc. versus those managed by the four other included entities (Global Investors, Real Estate Investors, Life Insurance Co, Financial Services).
- Reporting Lag: Note that this data reflects positions as of September 30, 2004, and does not account for trading activity in the subsequent weeks prior to the November 12 filing date.