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, 2021. The report was signed on February 3, 2022, by Jill Hittner, Chief Financial Officer of Principal Global Investors, LLC. It is a combination report covering holdings managed by Principal Financial Group Inc 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: $167,520,022,000 (reported as 167,520,022 in thousands).
- Total Number of Holdings: 4,075 entries.
- Number of Included Managers: 4 additional managers reported alongside the primary filer.
Note: The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity as these are not applicable to a 13F holdings report.
Material Changes
The filing text does not provide comparative data for the prior period (e.g., September 30, 2021) to calculate material changes in portfolio 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 regarding the company's business operations. It strictly lists securities held for discretionary accounts.
Important Facts for Investors to Verify
- Verify the total portfolio value of approximately $167.5 billion against the company's broader asset management disclosures.
- Confirm the list of included managers: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Life Insurance Co; and Principal Financial Services, Inc.
- Note that this report covers only equity securities; it does not reflect fixed income, derivatives, or cash positions held by the firm.
- Review the specific holdings schedule (not included in this summary text) to analyze sector concentration and top positions.