Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Principal Financial Group Inc for the quarter ended March 31, 2016. The report was signed on April 29, 2016, by Jill Hittner, Chief Financial Officer of Principal Global Investors, LLC. This is a combination report covering holdings for the reporting manager and five 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 metrics relate to the investment portfolio managed:
- Total Portfolio Value: $68,879,886,000 (reported in thousands).
- Total Number of Holdings: 3,496 entries.
- Number of Included Managers: 5 additional managers reported alongside the primary filer.
Note: The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity for Principal Financial Group Inc itself.
Material Changes
The filing text does not provide comparative data for the prior period (December 31, 2015) to calculate material changes in portfolio value or holdings count. The document serves as a snapshot of holdings as of the reporting date.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, or specific risk factors regarding the company's operations. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investors to Verify
- Verify the total portfolio value of approximately $68.9 billion against the company's 10-Q or 10-K filings for the same period to understand the proportion of assets under management versus total corporate assets.
- Confirm the list of 5 other included managers (Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Life Insurance Co; Principal Financial Services, Inc; Principal Management Corporation) to ensure comprehensive coverage of the firm's investment activities.
- Review the specific holdings schedule (not included in this summary text) to analyze sector concentration and top 10 positions.