NPORT-P false 0000012601 XXXXXXXX S000014085 C000038533 C000038532 Principal Variable Contract Funds, Inc 811-01944 0000012601 ICS43THKTGQL3EQ10426 801 Grand Ave Des Moines 50309 515-235-1719 Principal Capital Appreciation Account S000014085 549300FM1I0HUT5J2M08 2022-12-31 2022-03-31 N 179091990.32 106854.11 178985136.21 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Papa John's International Inc HZYLD3DK5XOX0WBVNB56 698813102 6484.00000000 NS USD 682635.52000000 0.381392295726 Long EC CORP US N 1 N N N Principal Government Money Market Fund - Institutional Class 549300WWK3YB7DNN4U34 742537228 1958396.32000000 NS USD 1958396.32000000 1.094167013791 Long STIV RF US N 1 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 693718108 19453.00000000 NS USD 1713225.71000000 0.957188818176 Long EC CORP US N 1 N N N Progressive Corp/The 529900TACNVLY9DCR586 743315103 19264.00000000 NS USD 2195903.36000000 1.226863529842 Long EC CORP US N 1 N N N First Republic Bank/CA YWC0TIKBQM2JV8L4IV08 33616C100 6327.00000000 NS USD 1025606.70000000 0.573012218621 Long EC CORP US N 1 N N N Netflix Inc 549300Y7VHGU0I7CE873 64110L106 1656.00000000 NS USD 620321.04000000 0.346576846064 Long EC CORP US N 1 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 28176E108 7611.00000000 NS USD 895966.92000000 0.500581746044 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 254687106 17228.00000000 NS USD 2362992.48000000 1.320217158830 Long EC CORP US N 1 N N N Enphase Energy Inc 5493008U7KIGMI59Z314 29355A107 3887.00000000 NS USD 784318.86000000 0.438203348394 Long EC CORP US N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 701094104 3040.00000000 NS USD 862630.40000000 0.481956445247 Long EC CORP US N 1 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 22160K105 4606.00000000 NS USD 2652365.10000000 1.481891265478 Long EC CORP US N 1 N N N Universal Health Services Inc 549300YGMGQDO0NMJD09 913903100 8253.00000000 NS USD 1196272.35000000 0.668364074990 Long EC CORP US N 1 N N N Alphabet Inc - A Shares 5493006MHB84DD0ZWV18 02079K305 2471.00000000 NS USD 6872715.85000000 3.839824912576 Long EC CORP US N 1 N N N Target Corp 8WDDFXB5T1Z6J0XC1L66 87612E106 10745.00000000 NS USD 2280303.90000000 1.274018585165 Long EC CORP US N 1 N N N Sonos Inc 549300WEPU6075I77M08 83570H108 27200.00000000 NS USD 767584.00000000 0.428853488202 Long EC CORP US N 1 N N N Expeditors International of Washington Inc 984500B055A804AB6E40 302130109 9729.00000000 NS USD 1003643.64000000 0.560741333751 Long EC CORP US N 1 N N N Chevron Corp N/A 166764100 25203.00000000 NS USD 4103804.49000000 2.292818597620 Long EC CORP US N 1 N N N Tractor Supply Co 549300OJ9VZHZRO6I137 892356106 11603.00000000 NS USD 2707792.11000000 1.512858647001 Long EC CORP US N 1 N N N Ball Corp 0BGI85ALH27ZJP15DY16 058498106 13556.00000000 NS USD 1220040.00000000 0.681643194420 Long EC CORP US N 1 N N N Chipotle Mexican Grill Inc N/A 169656105 898.00000000 NS USD 1420662.94000000 0.793732356821 Long EC CORP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 74340W103 8738.00000000 NS USD 1411012.24000000 0.788340456575 Long EC CORP US N 1 N N N American Tower Corp 5493006ORUSIL88JOE18 03027X100 4582.00000000 NS USD 1151090.04000000 0.643120464846 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324P102 8469.00000000 NS USD 4318935.93000000 2.413013740388 Long EC CORP US N 1 N N N Albemarle Corp HDBLS2Q6GV1LSKQPBS54 012653101 4346.00000000 NS USD 961117.90000000 0.536981964174 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833100 52305.00000000 NS USD 9132976.05000000 5.102644970074 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 23221.00000000 NS USD 5149721.17000000 2.877178116040 Long EC CORP US N 1 N N N Nasdaq Inc 549300L8X1Q78ERXFD06 631103108 11193.00000000 NS USD 1994592.60000000 1.114390078548 Long EC CORP US N 1 N N N NextEra Energy Inc N/A 65339F101 43413.00000000 NS USD 3677515.23000000 2.054648395878 Long EC CORP US N 1 N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457108 6268.00000000 NS USD 1794967.16000000 1.002858224994 Long EC CORP US N 1 N N N WD-40 Co 549300UZHTN0CNKBOB19 929236107 3089.00000000 NS USD 565997.47000000 0.316225962660 Long EC CORP US N 1 N N N Marathon Petroleum Corp 3BNYRYQHD39K4LCKQF12 56585A102 9077.00000000 NS USD 776083.50000000 0.433602206548 Long EC CORP US N 1 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 922475108 3316.00000000 NS USD 704517.36000000 0.393617802527 Long EC CORP US N 1 N N N FMC Corp CKDHZ2X64EEBQCSP7013 302491303 14617.00000000 NS USD 1923158.69000000 1.074479552169 Long EC CORP US N 1 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 110122108 7498.00000000 NS USD 547578.94000000 0.305935426591 Long EC CORP US N 1 N N N Valero Energy Corp 549300XTO5VR8SKV1V74 91913Y100 12883.00000000 NS USD 1308139.82000000 0.730865058238 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 654106103 6544.00000000 NS USD 880560.64000000 0.491974170953 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 1650.00000000 NS USD 5378917.50000000 3.005231391778 Long EC CORP US N 1 N N N BlackRock Inc 549300LRIF3NWCU26A80 09247X101 1151.00000000 NS USD 879559.67000000 0.491414923397 Long EC CORP US N 1 N N N O'Reilly Automotive Inc 549300K2RLMQL149Q332 67103H107 2512.00000000 NS USD 1720619.52000000 0.961319781314 Long EC CORP US N 1 N N N salesforce.com Inc RCGZFPDMRW58VJ54VR07 79466L302 7529.00000000 NS USD 1598557.28000000 0.893122922857 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 002824100 21549.00000000 NS USD 2550539.64000000 1.425000809568 Long EC CORP US N 1 N N N Helmerich & Payne Inc 254900NAOGHJ88RZ4C73 423452101 21709.00000000 NS USD 928711.02000000 0.518876058462 Long EC CORP US N 1 N N N Deckers Outdoor Corp 5493008LG4W3I6K8J118 243537107 3814.00000000 NS USD 1044158.78000000 0.583377369825 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 67066G104 7372.00000000 NS USD 2011523.92000000 1.123849702044 Long EC CORP US N 1 N N N Epiroc AB - A Shares 5493004Q73OEYW1SPE91 N/A 53525.00000000 NS 1144838.88000000 0.639627906675 Long EC CORP SE N 2 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 874039100 7376.00000000 NS USD 769021.76000000 0.429656772782 Long EC CORP TW N 1 N N N Microchip Technology Inc 5493007PTFULNYZJ1R12 595017104 16211.00000000 NS USD 1218094.54000000 0.680556255001 Long EC CORP US N 1 N N N Magna International Inc 95RWVLFZX6VGDZNNTN43 559222401 9918.00000000 NS USD 637826.58000000 0.356357289496 Long EC CORP CA N 1 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 26875P101 21569.00000000 NS USD 2571671.87000000 1.436807505056 Long EC CORP US N 1 N N N Discover Financial Services Z1YLO2USPORE63VVUL20 254709108 3769.00000000 NS USD 415306.11000000 0.232033854203 Long EC CORP US N 1 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 438516106 7376.00000000 NS USD 1435222.08000000 0.801866630040 Long EC CORP US N 1 N N N Comcast Corp - Class A 51M0QTTNCGUN7KFCFZ59 20030N101 56323.00000000 NS USD 2637042.86000000 1.473330644007 Long EC CORP US N 1 N N N Marsh & McLennan Cos Inc 549300XMP3KDCKJXIU47 571748102 10542.00000000 NS USD 1796567.64000000 1.003752422152 Long EC CORP US N 1 N N N Republic Services Inc NKNQHM6BLECKVOQP7O46 760759100 12093.00000000 NS USD 1602322.50000000 0.895226572400 Long EC CORP US N 1 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 776696106 3292.00000000 NS USD 1554581.16000000 0.868553217835 Long EC CORP US N 1 N N N Alexandria Real Estate Equities Inc MGCJBT4MKTQBVLNUIS88 015271109 7702.00000000 NS USD 1550027.50000000 0.866009062440 Long EC CORP US N 1 N N N PNC Financial Services Group Inc/The CFGNEKW0P8842LEUIA51 693475105 12173.00000000 NS USD 2245309.85000000 1.254467213057 Long EC CORP US N 1 N N N ServiceNow Inc 549300HJTQM36M0E1G39 81762P102 2150.00000000 NS USD 1197313.50000000 0.668945771337 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 34641.00000000 NS USD 10680166.71000000 5.967069074087 Long EC CORP US N 1 N N N Church & Dwight Co Inc POOXSI30AWAQGYJZC921 171340102 13552.00000000 NS USD 1346797.76000000 0.752463466251 Long EC CORP US N 1 N N N Lam Research Corp 549300I4GMO6D34U1T02 512807108 3456.00000000 NS USD 1857980.16000000 1.038063941700 Long EC CORP US N 1 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 44107P104 79499.00000000 NS USD 1544665.57000000 0.863013322060 Long EC CORP US N 1 N N N Simply Good Foods Co/The N/A 82900L102 22846.00000000 NS USD 867005.70000000 0.484400949910 Long EC CORP US N 1 N N N Ameriprise Financial Inc 6ZLKQF7QB6JAEKQS5388 03076C106 6543.00000000 NS USD 1965255.48000000 1.097999264974 Long EC CORP US N 1 N N N Fidelity National Financial Inc 549300CAZYIH39SYQ287 31620R303 21642.00000000 NS USD 1056995.28000000 0.590549194408 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 22760.00000000 NS USD 1867458.00000000 1.043359264094 Long EC CORP US N 1 N N N Adobe Inc FU4LY2G4933NH2E1CP29 00724F101 7056.00000000 NS USD 3214854.72000000 1.796157372659 Long EC CORP US N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 13376.00000000 NS USD 1353784.96000000 0.756367254100 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 6734.00000000 NS USD 4240265.12000000 2.369059917369 Long EC CORP US N 1 N N N Extra Space Storage Inc N/A 30225T102 3684.00000000 NS USD 757430.40000000 0.423180614903 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 4230.00000000 NS USD 1266165.90000000 0.707413993592 Long EC CORP US N 1 N N N Xcel Energy Inc LGJNMI9GH8XIDG5RCM61 98389B100 11588.00000000 NS USD 836305.96000000 0.467248832896 Long EC CORP US N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 907818108 7058.00000000 NS USD 1928316.18000000 1.077361070774 Long EC CORP US N 1 N N N Lululemon Athletica Inc 549300D9GZ4BMLDW5T40 550021109 2674.00000000 NS USD 976625.02000000 0.545645879138 Long EC CORP CA N 1 N N N Morningstar Inc 529900YGNQPOVAXQ7F29 617700109 3011.00000000 NS USD 822514.87000000 0.459543673523 Long EC CORP US N 1 N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 49271V100 61390.00000000 NS USD 2326681.00000000 1.299929731187 Long EC CORP US N 1 N N N Air Products and Chemicals Inc 7QEON6Y1RL5XR3R1W237 009158106 3834.00000000 NS USD 958154.94000000 0.535326541794 Long EC CORP US N 1 N N N Deere & Co PWFTNG3EI0Y73OXWDH08 244199105 8802.00000000 NS USD 3656878.92000000 2.043118773678 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 883556102 3822.00000000 NS USD 2257464.30000000 1.261257972478 Long EC CORP US N 1 N N N Constellation Energy Corp N/A 21037T109 24897.00000000 NS USD 1400456.25000000 0.782442765726 Long EC CORP US N 1 N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 30303M102 13919.00000000 NS USD 3095028.84000000 1.729209981083 Long EC CORP US N 1 N N N Fair Isaac Corp RI6HET5SJUEY30V1PS26 303250104 2390.00000000 NS USD 1114839.40000000 0.622867028853 Long EC CORP US N 1 N N N T-Mobile US Inc 549300QHIJYOHPACPG31 872590104 17597.00000000 NS USD 2258574.95000000 1.261878498865 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 30882.00000000 NS USD 1598761.14000000 0.893236820583 Long EC CORP US N 1 N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 855244109 8169.00000000 NS USD 743133.93000000 0.415193096888 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 G5960L103 6849.00000000 NS USD 759896.55000000 0.424558466748 Long EC CORP IE N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 25549.00000000 NS USD 3482839.68000000 1.945882073645 Long EC CORP US N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 771195104 36504.00000000 NS USD 1803662.64000000 1.007716438466 Long EC CORP CH N 1 N N N Cooper Cos Inc/The QJKMVPIGLH7530PCUE20 216648402 4008.00000000 NS USD 1673700.72000000 0.935105984463 Long EC CORP US N 1 N N N Nexstar Media Group Inc 52990083ZRR5UT591988 65336K103 7023.00000000 NS USD 1323695.04000000 0.739555846943 Long EC CORP US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 808513105 22753.00000000 NS USD 1918305.43000000 1.071768008573 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 70450Y103 13131.00000000 NS USD 1518600.15000000 0.848450425636 Long EC CORP US N 1 N N N 2022-04-29 Principal Variable Contract Funds, Inc Megan Hoffmann /s/ Megan Hoffmann Vice President and Controller XXXX