SEC Filing Summary: Principal Financial Group Inc.
Business Context and Reporting Period
Company: Principal Financial Group Inc.
Filing Type: Form 13F Information Table
Reporting Period: Quarter ended September 30, 2019
Context: This filing discloses the equity securities held by Principal Financial Group Inc. as of the end of the third quarter of 2019. The report details the issuer, title of class, CUSIP, value (in thousands), and number of shares for each holding, along with voting authority classifications.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F is a disclosure of holdings and does not contain the issuer's financial performance data.
Portfolio Composition: The filing lists hundreds of individual equity positions across various sectors including Technology, Financials, Healthcare, and Consumer Discretionary. Notable large holdings by value include:
- Microsoft Corp: ~$14.6 million (14,615,006 shares)
- Apple Inc: ~$7.5 million (7,564,899 shares)
- Alphabet Inc (Class C): ~$7.1 million (710,775 shares)
- Amazon.com Inc: ~$8.5 million (849,046 shares)
- Verizon Communications Inc: ~$10.0 million (9,997,885 shares)
- Johnson & Johnson: ~$4.3 million (4,278,210 shares)
Material Changes
Comparison to Prior Period: The filing text does not provide a clear value for changes versus the prior comparable period. This document represents a snapshot of holdings at a single point in time and does not include comparative data from the previous quarter.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not provide a clear value for guidance, outlook, or management commentary. Form 13F is a regulatory disclosure of holdings and does not contain forward-looking statements or strategic analysis.
Risks and Contingencies: The filing text does not provide a clear value for specific risks or contingencies. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investors to Verify
- Valuation Basis: Verify that the "Value" column represents the fair market value of the securities as of September 30, 2019, expressed in thousands of dollars.
- Voting Authority: Note the distinction between "Sole," "Shared," and "None" voting authority, which indicates the level of control Principal Financial Group exercises over the securities.
- Security Types: Confirm that the holdings listed are primarily common stock ("SH") and that any derivatives (Put/Call) are explicitly noted in the respective columns (most entries show "0" for Put/Call).
- Aggregation: Recognize that multiple lines for the same issuer (e.g., Microsoft, Apple) may represent different accounts or classes of the same security held by the manager.