Principal Financial Group 13F Summary — $189.18B in Reported Holdings

Rhea-AI Filing Summary

Principal Financial Group (PFG) filed a 13F combination report for the quarter ended 06-30-2025. The filing reports 4,603 information-table entries with a total market value of $189,179,400,236. It is a combination report that lists five other included managers. The report was signed by Jill Hittner, Chief Financial Officer.

Positive

• Discloses a large reported portfolio value of $189,179,400,236
• Information table shows 4,603 entries, indicating extensive reported holdings
• Lists five other included managers, showing reporting coordination among related entities

Negative

• The provided excerpt does not include the detailed holdings table, so specific positions are not visible
• No sector, position-size, or individual security breakdowns appear in the content provided

Insights

Institutional Portfolio Analyst

TL;DR: Routine combination 13F showing a very large reported portfolio by value; totals are provided but individual positions are not shown here.

The filing is a standard Form 13F combination report covering the quarter ended 06-30-2025. The summary data shows 4,603 information-table entries and a total reported market value of $189,179,400,236. Five affiliated or related managers are listed as included managers, indicating portions of holdings are reported across related entities. Based on the excerpt provided, the filing supplies high-level scale but does not include the underlying holdings detail in this content extract, limiting position-level analysis.

Compliance & Governance Expert

TL;DR: Filing appears procedurally complete as a combination 13F with required signatory information; the excerpt lacks the detailed holdings table.

The document indicates a 13F combination filing for the quarter ended 06-30-2025 and identifies the reporting manager and the authorized signatory, Jill Hittner, Chief Financial Officer. The summary page reports the number of other included managers as five and gives the Form 13F information-table totals. For governance and compliance review, the presence of the signature block and listed included managers meets routine disclosure structure; however, the excerpt does not contain the detailed holdings information that investors or auditors would review for position-level compliance or concentration analysis.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:			3235-0006
Estimated average burden
hours per response:			23.8

Report for the Calendar Year or Quarter Ended: 06-30-2025

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	PRINCIPAL FINANCIAL GROUP INC
Address:	711 HIGH STREET
	DES MOINES, IA 50392
Form 13F File Number:	028-10106
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:		Jill Hittner
Title:		Chief Financial Officer, Principal Global Investors, LLC
Phone:		515-248-2153
Signature, Place, and Date of Signing:
/s/Jill Hittner			Des Moines, IA	08-04-2025
[Signature]			[City, State]	[Date]

Report Type (Check only one.):
	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.]
		Name	Form 13F File No.	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
		Origin Asset Management LLP	028-13785	000139897	801-67539	0001484040
		Spectrum Asset Management, Inc.	028-11300	000300463	801-30405	0001318293
		PRINCIPAL SECURITIES, INC.	028-23623	000001137	801-54949	0000012600

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:		5
	Form 13F Information Table Entry Total:		4,603
	Form 13F Information Table Value Total:		189,179,400,236
			(round to nearest dollar)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]
	No.	Name	Form 13F File No.	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
	1	PRINCIPAL GLOBAL INVESTORS	028-01549	000109002	801-55959	0000769734
	2	PRINCIPAL REAL ESTATE INVESTORS LLC	028-10400	000109008	801-55618	0001218333
	3	PRINCIPAL LIFE INSURANCE CO	028-00793			0000009712
	4	PRINCIPAL FINANCIAL SERVICES INC	028-10107			0001094589
	5	DELAWARE CHARTER GUARANTEE & TRUST CO	028-22671			0001280529

FAQ

What period does the PFG 13F-HR cover?

The filing covers the quarter ended 06-30-2025.

What total market value is reported in the summary?

The Form 13F summary reports a total market value of $189,179,400,236.

How many information-table entries are reported?

The summary shows 4,603 Form 13F information-table entries.

Is this a full 13F filing or a combination report?

This is a 13F combination report, meaning a portion of holdings are reported here and portions are reported by other managers.

Which other managers are listed as included?

Five other included managers are listed, including PRINCIPAL GLOBAL INVESTORS, PRINCIPAL REAL ESTATE INVESTORS LLC, PRINCIPAL LIFE INSURANCE CO, PRINCIPAL FINANCIAL SERVICES INC, and DELAWARE CHARTER GUARANTEE & TRUST CO.

Who signed the report for the reporting manager?

The report was signed by Jill Hittner, Chief Financial Officer, Principal Global Investors, LLC.

Does the provided content include the detailed holdings table of securities?

No, the provided excerpt does not include the detailed Form 13F information table showing individual security holdings.