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 |
DuPont de Nemours
DD
|
+$25.2M |
| 2 |
International Paper
IP
|
+$22.6M |
| 3 |
Principal Financial Group
PFG
|
+$21.4M |
| 4 |
Qualcomm
QCOM
|
+$21.1M |
| 5 |
Enterprise Products Partners
EPD
|
+$10.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baxter International
BAX
|
+$23.2M |
| 2 |
Colgate-Palmolive
CL
|
+$22.5M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$10.1M |
| 4 |
Analog Devices
ADI
|
+$5.47M |
| 5 |
Archer Daniels Midland
ADM
|
+$4.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 18.38% |
| 2 | Consumer Staples | 14.5% |
| 3 | Industrials | 12.58% |
| 4 | Technology | 11.42% |
| 5 | Energy | 11.01% |
| 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
$777B
| $46.6M | 1.91% |
226,613
-1,852
| -0.8% | -$389K |
2013 Q2
8 quarters
|
|
2
AT&T
T
$146B
| $41.4M | 1.7% |
1,544,911
+3,502
| +0.2% | +$90.5K |
2013 Q2
8 quarters
|
|
3
Johnson & Johnson
JNJ
$665B
| $40M | 1.64% |
410,174
+17,333
| +4% | +$1.74M |
2013 Q2
8 quarters
|
|
4
ExxonMobil
XOM
$677B
| $38.9M | 1.6% |
467,660
+30,306
| +7% | +$2.61M |
2013 Q2
8 quarters
|
|
5
iShares MSCI EAFE ETF
EFA
$75.6B
| $38.4M | 1.58% |
605,169
+7,788
| +1% | +$519K |
2013 Q2
8 quarters
|
|
6
Pfizer
PFE
$168B
| $38M | 1.56% |
1,193,278
-18,826
| -2% | -$614K |
2013 Q2
8 quarters
|
|
7
Verizon
VZ
$189B
| $35.7M | 1.46% |
765,552
+39,467
| +5% | +$1.93M |
2013 Q2
8 quarters
|
|
8
Merck
MRK
$362B
| $33.9M | 1.39% |
624,461
-1,090
| -0.2% | -$61.1K |
2013 Q2
8 quarters
|
|
9
Cisco
CSCO
$370B
| $33.2M | 1.36% |
1,207,841
+27,154
| +2% | +$779K |
2013 Q2
8 quarters
|
|
10
Microsoft
MSFT
$3.94T
| $33M | 1.35% |
747,117
-99,591
| -12% | -$4.54M |
2013 Q2
8 quarters
|
|
11
iShares Core S&P Small-Cap ETF
IJR
$103B
| $32.7M | 1.34% |
554,740
+690
| +0.1% | +$40.8K |
2013 Q2
8 quarters
|
|
12
PepsiCo
PEP
$193B
| $32.2M | 1.32% |
344,673
+30,732
| +10% | +$2.94M |
2013 Q2
8 quarters
|
|
13
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$25.5B
| $32M | 1.31% |
117,090
+1,435
| +1% | +$399K |
2013 Q2
8 quarters
|
|
14
Coca-Cola
KO
$412B
| $31.3M | 1.28% |
797,025
+80,687
| +11% | +$3.28M |
2013 Q2
8 quarters
|
|
15
AbbVie
ABBV
$515B
| $31.1M | 1.27% |
462,172
-9,661
| -2% | -$631K |
2013 Q2
8 quarters
|
|
16
iShares Core S&P 500 ETF
IVV
$847B
| $30.9M | 1.27% |
149,113
-702
| -0.5% | -$149K |
2013 Q2
8 quarters
|
|
17
Procter & Gamble
PG
$383B
| $30.7M | 1.26% |
392,634
-2,659
| -0.7% | -$214K |
2013 Q2
8 quarters
|
|
18
IBM
IBM
$232B
| $30.5M | 1.25% |
196,039
+4,421
| +2% | +$711K |
2013 Q2
8 quarters
|
|
19
McDonald's
MCD
$196B
| $30.2M | 1.24% |
318,037
+31,074
| +11% | +$3.01M |
2013 Q2
8 quarters
|
|
20
Kimberly-Clark
KMB
$66.5B
| $29.9M | 1.23% |
281,886
+6,222
| +2% | +$678K |
2013 Q2
8 quarters
|
|
21
Intel
INTC
$299B
| $29.3M | 1.2% |
962,820
+18,329
| +2% | +$593K |
2013 Q2
8 quarters
|
|
22
Walmart Inc
WMT
$996B
| $29.2M | 1.2% |
1,233,309
+201,330
| +20% | +$5.13M |
2013 Q2
8 quarters
|
|
23
United Parcel Service
UPS
$92.2B
| $29.1M | 1.19% |
300,464
+27,197
| +10% | +$2.7M |
2013 Q2
8 quarters
|
|
24
Philip Morris
PM
$308B
| $28.8M | 1.18% |
358,877
+4,189
| +1% | +$345K |
2013 Q2
8 quarters
|
|
25
Emerson Electric
EMR
$90.6B
| $28.5M | 1.17% |
514,492
-2,979
| -0.6% | -$175K |
2013 Q2
8 quarters
|
|
Similar funds
Conning Inc's Q2 2015 Portfolio in Review
As of Q2 2015, Conning Inc held 593 positions worth $2.44B, up 3.6% from $2.35B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Conning Inc's Q2 2015 filing shows 20 new, 166 increased, 320 reduced and 18 closed positions. Its largest new stake was ENABLE MIDSTREAM PARTNERS, LP: 81,315 shares worth $1.3M. The largest sale was Baxter International, an estimated $23.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 18% of assets, down from 20% a quarter earlier, followed by Consumer Staples and Industrials.
- Conning Inc's largest Q2 2015 buy was ENABLE MIDSTREAM PARTNERS, LP: 81,315 shares worth $1.3M.
- Conning Inc added most to DuPont de Nemours in Q2 2015, an estimated $25.2M increase.
- Conning Inc's biggest Q2 2015 reduction was Baxter International, cutting an estimated $23.2M.
- Conning Inc fully exited INTEGRYS ENERGY GROUP INC COM (USA) in Q2 2015, selling an estimated $1.69M.
- Conning Inc's ten largest holdings make up 16% of its $2.44B portfolio in Q2 2015.
- Conning Inc opened 20 new positions and closed 18 in Q2 2015.
- Conning Inc's portfolio value rose 3.6% quarter-over-quarter to $2.44B.
Based on Conning Inc's 13F filing for Q2 2015, filed 3 Aug 2015.