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 |
Hershey
HSY
|
+$19.1M |
| 2 |
Illinois Tool Works
ITW
|
+$17.4M |
| 3 |
DCUC
Dominion Energy, Inc.
DCUC
|
+$9.48M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$3.24M |
| 5 |
Mattel
MAT
|
+$3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Archer Daniels Midland
ADM
|
+$18.6M |
| 2 |
Nucor
NUE
|
+$17.6M |
| 3 |
General Dynamics
GD
|
+$17.3M |
| 4 |
Intel
INTC
|
+$5.04M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 20.09% |
| 2 | Consumer Staples | 15.42% |
| 3 | Healthcare | 11.8% |
| 4 | Industrials | 11.09% |
| 5 | Technology | 10.51% |
| 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
$800B
| $41.4M | 2.17% |
210,165
| – | – |
2013 Q2
5 quarters
|
|
2
ExxonMobil
XOM
$696B
| $31.4M | 1.65% |
334,383
+8,086
| +2% | +$805K |
2013 Q2
5 quarters
|
|
3
Microsoft
MSFT
$3.89T
| $30.9M | 1.62% |
665,487
-18,786
| -3% | -$838K |
2013 Q2
5 quarters
|
|
4
AT&T
T
$149B
| $30.6M | 1.6% |
1,149,976
+44,453
| +4% | +$1.18M |
2013 Q2
5 quarters
|
|
5
Johnson & Johnson
JNJ
$688B
| $30.1M | 1.57% |
281,986
+7,046
| +3% | +$731K |
2013 Q2
5 quarters
|
|
6
iShares Core S&P 500 ETF
IVV
$875B
| $29.7M | 1.56% |
149,815
| – | – |
2013 Q2
5 quarters
|
|
7
iShares Core S&P Small-Cap ETF
IJR
$106B
| $28.9M | 1.51% |
554,050
| – | – |
2013 Q2
5 quarters
|
|
8
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.3B
| $28.8M | 1.51% |
115,655
-2,900
| -2% | -$744K |
2013 Q2
5 quarters
|
|
|
9
iShares MSCI EAFE ETF
EFA
$77.3B
| $27.9M | 1.46% |
435,136
+48,643
| +13% | +$3.24M |
2013 Q2
5 quarters
|
|
10
Verizon
VZ
$192B
| $27.5M | 1.44% |
549,629
+34,047
| +7% | +$1.69M |
2013 Q2
5 quarters
|
|
11
Pfizer
PFE
$165B
| $27.2M | 1.43% |
969,931
+30,794
| +3% | +$864K |
2013 Q2
5 quarters
|
|
12
Procter & Gamble
PG
$394B
| $27.2M | 1.42% |
324,471
+4,739
| +1% | +$388K |
2013 Q2
5 quarters
|
|
13
Merck
MRK
$364B
| $26.1M | 1.37% |
460,929
-4,572
| -1% | -$257K |
2013 Q2
5 quarters
|
|
14
Chevron
CVX
$429B
| $25.9M | 1.36% |
217,173
+1,279
| +0.6% | +$163K |
2013 Q2
5 quarters
|
|
15
IBM
IBM
$234B
| $24.8M | 1.3% |
136,468
-23
| -0% | -$4.19K |
2013 Q2
5 quarters
|
|
16
Coca-Cola
KO
$427B
| $24.6M | 1.29% |
576,328
+38,908
| +7% | +$1.61M |
2013 Q2
5 quarters
|
|
|
17
Intel
INTC
$317B
| $24.3M | 1.27% |
696,929
-148,719
| -18% | -$5.04M |
2013 Q2
5 quarters
|
|
18
PepsiCo
PEP
$198B
| $24.2M | 1.27% |
259,773
+174
| +0.1% | +$15.9K |
2013 Q2
5 quarters
|
|
19
iShares Russell Mid-Cap ETF
IWR
$58.3B
| $23.4M | 1.23% |
591,628
-35,600
| -6% | -$1.43M |
2014 Q1
2 quarters
|
|
20
AbbVie
ABBV
$521B
| $23.3M | 1.22% |
402,793
+30,901
| +8% | +$1.72M |
2013 Q2
5 quarters
|
|
21
Home Depot
HD
$348B
| $23.1M | 1.21% |
252,132
-13,635
| -5% | -$1.17M |
2013 Q2
5 quarters
|
|
22
Walmart Inc
WMT
$1.02T
| $22.9M | 1.2% |
896,904
+45,285
| +5% | +$1.14M |
2013 Q2
5 quarters
|
|
23
Boeing
BA
$136B
| $22.4M | 1.17% |
175,523
+18,372
| +12% | +$2.31M |
2013 Q2
5 quarters
|
|
24
McDonald's
MCD
$192B
| $22.2M | 1.17% |
234,535
+27,036
| +13% | +$2.58M |
2013 Q2
5 quarters
|
|
25
Apple
AAPL
$5.18T
| $22M | 1.15% |
873,460
-37,800
| -4% | -$928K |
2013 Q2
5 quarters
|
|
Similar funds
Conning Inc's Q3 2014 Portfolio in Review
As of Q3 2014, Conning Inc held 582 positions worth $1.91B, up 1.4% from $1.88B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 5%. Conning Inc opened 13 new positions and exited 16, leaving the 582-position portfolio largely intact.
By sector, the portfolio is most concentrated in Miscellaneous at 20% of assets, down from 21% a quarter earlier, followed by Consumer Staples and Healthcare.
- Conning Inc's largest Q3 2014 buy was Dominion Energy, Inc.: 186,200 shares worth $9.29M.
- Conning Inc added most to Hershey in Q3 2014, an estimated $19.1M increase.
- Conning Inc's biggest Q3 2014 reduction was Archer Daniels Midland, cutting an estimated $18.6M.
- Conning Inc fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $698K.
- Conning Inc's ten largest holdings make up 16% of its $1.91B portfolio in Q3 2014.
- Conning Inc opened 13 new positions and closed 16 in Q3 2014.
- Conning Inc's portfolio value rose 1.4% quarter-over-quarter to $1.91B.
Based on Conning Inc's 13F filing for Q3 2014, filed 7 Nov 2014.