Conning Inc Portfolio holdings
Conning manages money mainly for insurance companies and pension plans, mostly in bonds and stocks. William S. Conning founded the firm in 1912 to give investment advice to high-net-worth individuals, and it began managing investments for insurers in 1983. Conning has grown by buying majority stakes in specialist managers, including Octagon Credit Investors, which focuses on loans and high yield bonds, in 2016, and the emerging markets debt manager Global Evolution, in which it became majority owner in 2020. It is part of Generali Investments, and its controlling shareholder is Generali Investments Holding, based in Italy.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$27.2M |
| 2 |
iShares Russell Mid-Cap ETF
IWR
|
+$23.4M |
| 3 |
Home Depot
HD
|
+$17.4M |
| 4 |
Omnicom Group
OMC
|
+$16.4M |
| 5 |
Philip Morris
PM
|
+$15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Corning
GLW
|
+$18M |
| 2 |
Illinois Tool Works
ITW
|
+$16.5M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$13.4M |
| 4 |
Apple
AAPL
|
+$8.07M |
| 5 |
Bank of America
BAC
|
+$670K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 20.64% |
| 2 | Consumer Staples | 14.38% |
| 3 | Healthcare | 11.54% |
| 4 | Industrials | 10.79% |
| 5 | Technology | 10.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$811B
| $41.1M | 2.19% |
210,165
+142,889
| +212% | +$27.2M |
2013 Q2
4 quarters
|
|
2
ExxonMobil
XOM
$690B
| $32.9M | 1.75% |
326,297
-642
| -0.2% | -$64.8K |
2013 Q2
4 quarters
|
|
3
iShares Core S&P Small-Cap ETF
IJR
$107B
| $31.1M | 1.65% |
554,050
+41,600
| +8% | +$2.25M |
2013 Q2
4 quarters
|
|
4
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.3B
| $30.9M | 1.64% |
118,555
+13,510
| +13% | +$3.38M |
2013 Q2
4 quarters
|
|
5
AT&T
T
$147B
| $29.5M | 1.57% |
1,105,523
+13,423
| +1% | +$360K |
2013 Q2
4 quarters
|
|
6
iShares Core S&P 500 ETF
IVV
$883B
| $29.5M | 1.57% |
149,815
+14,507
| +11% | +$2.78M |
2013 Q2
4 quarters
|
|
7
Johnson & Johnson
JNJ
$665B
| $28.8M | 1.53% |
274,940
+4,399
| +2% | +$445K |
2013 Q2
4 quarters
|
|
8
Microsoft
MSFT
$4.13T
| $28.5M | 1.52% |
684,273
+27,044
| +4% | +$1.09M |
2013 Q2
4 quarters
|
|
9
Chevron
CVX
$423B
| $28.2M | 1.5% |
215,894
+8,561
| +4% | +$1.07M |
2013 Q2
4 quarters
|
|
10
Pfizer
PFE
$175B
| $26.4M | 1.41% |
939,137
+124,081
| +15% | +$3.54M |
2013 Q2
4 quarters
|
|
11
iShares MSCI EAFE ETF
EFA
$78.5B
| $26.4M | 1.4% |
386,493
+147,559
| +62% | +$10.1M |
2013 Q2
4 quarters
|
|
12
Intel
INTC
$310B
| $26.1M | 1.39% |
845,648
-15,659
| -2% | -$429K |
2013 Q2
4 quarters
|
|
13
Merck
MRK
$371B
| $25.7M | 1.37% |
465,501
+4,694
| +1% | +$256K |
2013 Q2
4 quarters
|
|
|
14
iShares Russell Mid-Cap ETF
IWR
$58.8B
| $25.5M | 1.35% |
627,228
+601,204
| +2,310% | +$23.4M |
2014 Q1
1 quarter
|
|
15
Verizon
VZ
$191B
| $25.2M | 1.34% |
515,582
+39,294
| +8% | +$1.9M |
2013 Q2
4 quarters
|
|
16
Procter & Gamble
PG
$388B
| $25.1M | 1.34% |
319,732
+20,313
| +7% | +$1.64M |
2013 Q2
4 quarters
|
|
17
IBM
IBM
$240B
| $23.7M | 1.26% |
136,491
+5,405
| +4% | +$973K |
2013 Q2
4 quarters
|
|
18
PepsiCo
PEP
$194B
| $23.2M | 1.23% |
259,599
+10,708
| +4% | +$925K |
2013 Q2
4 quarters
|
|
19
Coca-Cola
KO
$412B
| $22.8M | 1.21% |
537,420
-3,331
| -0.6% | -$135K |
2013 Q2
4 quarters
|
|
|
20
Home Depot
HD
$355B
| $21.5M | 1.14% |
265,767
+220,362
| +485% | +$17.4M |
2013 Q2
4 quarters
|
|
21
RTX Corp
RTX
$268B
| $21.4M | 1.14% |
294,367
+28,456
| +11% | +$2.1M |
2013 Q2
4 quarters
|
|
22
Walmart Inc
WMT
$1.02T
| $21.3M | 1.13% |
851,619
+75,936
| +10% | +$1.95M |
2013 Q2
4 quarters
|
|
|
23
Apple
AAPL
$5.1T
| $21.2M | 1.13% |
911,260
-379,344
| -29% | -$8.07M |
2013 Q2
4 quarters
|
|
24
AbbVie
ABBV
$521B
| $21M | 1.12% |
371,892
-616
| -0.2% | -$32.3K |
2013 Q2
4 quarters
|
|
25
McDonald's
MCD
$198B
| $20.9M | 1.11% |
207,499
+11,164
| +6% | +$1.13M |
2013 Q2
4 quarters
|
|
Similar funds
Conning Inc's Q2 2014 Portfolio in Review
As of Q2 2014, Conning Inc held 585 positions worth $1.88B, up 10% from $1.7B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Conning Inc deployed $72.6M of net new capital in Q2 2014, opening 22 new positions and adding to 118 existing holdings. Its largest new stake was iShares Core S&P Mid-Cap ETF: 204,665 shares worth $5.86M.
By sector, the portfolio is most concentrated in Miscellaneous at 21% of assets, up from 17% a quarter earlier, followed by Consumer Staples and Healthcare.
On the sell side, the largest reduction was Corning, an estimated $18M trimmed.
- Conning Inc's largest Q2 2014 buy was iShares Core S&P Mid-Cap ETF: 204,665 shares worth $5.86M.
- Conning Inc added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $27.2M increase.
- Conning Inc's biggest Q2 2014 reduction was Corning, cutting an estimated $18M.
- Conning Inc fully exited BEAM INC COM STK (DE) in Q2 2014, selling an estimated $368K.
- Conning Inc's ten largest holdings make up 16% of its $1.88B portfolio in Q2 2014.
- Conning Inc opened 22 new positions and closed 16 in Q2 2014.
- Conning Inc's portfolio value rose 10% quarter-over-quarter to $1.88B.
Based on Conning Inc's 13F filing for Q2 2014, filed 25 Jul 2014.