# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0001752724-23-037048
**Filing Date:** 2023-2
**Character Count:** 17318
**Document Hash:** c179e6e69d74037a996a0438f72deda2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037048.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-037048

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUNDS INC
- **CENTRAL INDEX KEY:** 0000012601
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01944
- **FILM NUMBER:** 23659114

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-247-5477

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUND INC
- **DATE OF NAME CHANGE:** 19980617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL CAPITAL ACCUMULATION FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCOR INVESTMENT FUND INC
- **DATE OF NAME CHANGE:** 19880906

## Series and Classes Contracts Data

### Blue Chip Account (Series ID: S000070249)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000223412 | Blue Chip Account Class 3 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Principal Variable Contract Funds, Inc

- **b. Investment Company Act file number:** 811-01944

- **c. CIK number of Registrant:** 0000012601

- **d. LEI of Registrant:** ICS43THKTGQL3EQ10426

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 801 Grand Ave

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

  - **Telephone number:** 515-235-1719

**Item A.2. Information about the Series.**

- **a. Name of Series:** Blue Chip Account

- **b. EDGAR series identifier (if any):** S000070249

- **c. LEI of Series:** 549300NZZJ0JFKKPA709

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $8791007.95

**Total Liabilities:** $126412.06

**Net Assets:** $8664595.89

**Cash Not Reported:** $6.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223412 | 5.76%                | 6.58%                | -6.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-87687.71               | $522664.75                                 |
| Month 2  | $-4155.76                | $567628.21                                 |
| Month 3  | $-62306.86               | $-501832.73                                |

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KKR & Co Inc                                       | KKR & Co Inc                                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |      2851 | NS      | $132343.42    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                     | Microsoft Corp                                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3815 | NS      | $914913.30    | 10.56%            |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                         | Copart Inc                                         | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      2563 | NS      | $156061.07    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                            | SBA Communications Corp                            | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |       104 | NS      | $29152.24     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                        | Netflix Inc                                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       747 | NS      | $220275.36    | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                           | Visa Inc                                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2074 | NS      | $430894.24    | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                     | S&P Global Inc                                     | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       622 | NS      | $208332.68    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                       | Moody's Corp                                       | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      1172 | NS      | $326542.64    | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                     | Salesforce Inc                                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       156 | NS      | $20684.04     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                                   | CoStar Group Inc                                   | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3280 | NS      | $253478.40    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                 | Union Pacific Corp                                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      1363 | NS      | $282236.41    | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                     | Amazon.com Inc                                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6256 | NS      | $525504.00    | 6.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc - Class A                            | Snowflake Inc - Class A                            | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |        14 | NS      | $2009.56      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                     | Mastercard Inc                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1239 | NS      | $430837.47    | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                             | IDEXX Laboratories Inc                             | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       237 | NS      | $96686.52     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                      | Hilton Worldwide Holdings Inc                      | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      1587 | NS      | $200533.32    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                            | O'Reilly Automotive Inc                            | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       238 | NS      | $200879.14    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Government Money Market Fund - Class R-6 | Principal Government Money Market Fund - Class R-6 | CUSIP: 74257B639<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    194386 | NS      | $194385.99    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd                    | Brookfield Asset Management Ltd                    | CUSIP: 113004105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2696 | NS      | $77294.32     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                            | Charles Schwab Corp/The                            | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      2464 | NS      | $205152.64    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                       | Danaher Corp                                       | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1395 | NS      | $370260.90    | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                          | Adobe Inc                                          | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      1039 | NS      | $349654.67    | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc - C Shares                            | Alphabet Inc - C Shares                            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      4557 | NS      | $404342.61    | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                                | American Tower Corp                                | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1922 | NS      | $407194.92    | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                                | TransDigm Group Inc                                | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       686 | NS      | $431939.90    | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                               | Progressive Corp/The                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      2554 | NS      | $331279.34    | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Reinsurance Ltd                         | Brookfield Reinsurance Ltd                         | CUSIP: G16250105<br>LEI: 9845004583U3B8E06924 | Long             | EC               | CORP              | CA        |        67 | NS      | $2096.43      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                        | NVIDIA Corp                                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       195 | NS      | $28497.30     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                                         | CarMax Inc                                         | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1058 | NS      | $64421.62     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                          | Linde PLC                                          | CUSIP: G5494J103<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |       457 | NS      | $149064.26    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                                    | Brookfield Corp                                    | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     11026 | NS      | $346877.96    | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                         | Zoetis Inc                                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1149 | NS      | $168385.95    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                             | Intuitive Surgical Inc                             | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       116 | NS      | $30780.60     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                             | Roper Technologies Inc                             | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |       532 | NS      | $229871.88    | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc - A Shares                            | Alphabet Inc - A Shares                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       983 | NS      | $86730.09     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                         | Intuit Inc                                         | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       813 | NS      | $316435.86    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                              | Costco Wholesale Corp                              | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       185 | NS      | $84452.50     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                            | Sherwin-Williams Co/The                            | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |       303 | NS      | $71910.99     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Principal Variable Contract Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Controller