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 (Quarterly Report of Holdings)
Reporting Period: The filing lists holdings as of June 30, 2026.
Context: This filing discloses the equity securities held by Principal Financial Group Inc. as a registered investment manager. It details the specific issuers, share counts, and market values of the portfolio, along with the voting authority held for each position.
Key Financial Metrics and Portfolio Composition
Revenue, Profit, and Cash Flow: Not applicable. Form 13F filings disclose investment holdings, not the operating financial performance (revenue, profit, cash flow) of the reporting company itself.
Debt and Liquidity: Not applicable. This form does not report the balance sheet liabilities or liquidity ratios of Principal Financial Group Inc.
Portfolio Metrics:
- Total Holdings Disclosed: The filing lists hundreds of individual equity positions across various sectors including Technology, Financials, Healthcare, and Consumer Discretionary.
- Top Holdings by Value (Selected Examples):
- NVIDIA Corporation: ~$7.49 billion (37.4M shares)
- Microsoft Corporation: ~$4.96 billion (13.3M shares)
- Apple Inc: ~$6.07 billion (21.0M shares)
- Amazon.com Inc: ~$3.94 billion (16.5M shares)
- Alphabet Inc (Class A & C): Combined value exceeding $6 billion.
- Principal Exchange Traded Funds: Significant holdings in proprietary ETFs, including the "US Mega Cap ETF" valued at over $2.1 billion.
- Voting Authority: The majority of positions are held with "Sole" or "Shared" voting authority, with "Discretionary" (DFND) authority noted for many managed accounts.
Material Changes
Comparison to Prior Period: The provided text contains only the snapshot of holdings as of June 30, 2026. It does not include the prior quarter's data (March 31, 2026) or a summary of purchases and sales. Therefore, material changes in position size or new entries cannot be calculated from this text alone.
Guidance, Outlook, and Risks
Management Commentary: Not applicable. Form 13F is a regulatory disclosure of holdings and does not contain management discussion, guidance, or outlook.
Risks and Contingencies: Not applicable. The filing does not discuss operational risks, legal contingencies, or market outlooks.
Unusual Items: The filing includes standard equity holdings. Some positions show "Shared" voting authority, indicating co-management or specific account structures, which is standard for large institutional managers.
Important Facts for Investor Verification
- Future Date: The reporting period is listed as June 30, 2026. Investors should verify if this is a forward-looking projection, a data error in the source text, or if the current date is indeed in 2026.
- Concentration Risk: The portfolio shows significant concentration in large-cap technology stocks (NVIDIA, Microsoft, Apple, Amazon, Alphabet), which may indicate a specific strategic tilt or passive index tracking.
- Proprietary Products: Principal Financial Group holds substantial positions in its own Exchange Traded Funds (e.g., Principal US Mega Cap ETF, Principal International Equity ETF), suggesting internal asset allocation strategies.
- Voting Rights: Investors should note the mix of "Sole," "Shared," and "Discretionary" voting authority, which impacts how the firm exercises corporate governance rights on behalf of clients.