SEC Filing Summary: Principal Financial Group Inc.
Business Context and Reporting Period
Filing Type: Form 13F Information Table
Company: Principal Financial Group Inc.
Reporting Period: Quarter ended September 30, 2013
Context: This filing discloses the equity securities held by Principal Financial Group Inc. as of the end of the third quarter of 2013. The data represents holdings across various investment accounts, categorized by voting authority (Sole, Shared, or None).
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F filings are designed to disclose portfolio holdings and do not contain the issuer's financial performance data, balance sheet items, or cash flow statements.
Portfolio Composition: The filing lists hundreds of individual equity positions. Notable holdings by share count include:
- General Electric Co: 15,355,609 shares (Sole Voting)
- Wells Fargo & Co: 10,121,935 shares (Sole Voting)
- Microsoft Corp: 9,031,024 shares (Sole Voting)
- Pfizer Inc: 9,773,500 shares (Sole Voting)
- Bank of America Corp: 11,195,924 shares (Sole Voting)
- Regions Financial Corp: 11,763,784 shares (Sole Voting)
- Exxon Mobil Corp: 6,211,288 shares (Sole Voting)
- Loews Corp: 5,569,012 shares (Sole Voting)
- Regions Financial Corp: 11,763,784 shares (Sole Voting)
- Regions Financial Corp: 11,763,784 shares (Sole Voting)
Material Changes
The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F filings are static snapshots of holdings at a specific point in time and do not include comparative data or change analysis against the previous quarter.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not provide a clear value for management commentary, guidance, or outlook. This form is a regulatory disclosure of holdings and does not contain forward-looking statements from management.
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
- Holdings vs. Performance: Verify that this document reflects asset allocation and not the company's operational financial results (revenue, earnings, etc.).
- Voting Authority: Note the distinction between "Sole," "Shared," and "None" voting authority, which indicates the level of control Principal Financial Group exercises over these specific positions.
- Valuation: The "Value" column is reported in thousands (x$1000). Investors should verify the total portfolio value by summing the disclosed values if aggregate exposure is required.
- Concentration: Verify the concentration risk in specific sectors, such as Financials (e.g., Wells Fargo, Bank of America, Regions Financial) and Technology (e.g., Microsoft, Intel, Cisco), which appear to be significant components of the portfolio.