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 |
RTX Corp
RTX
|
+$6.81M |
| 2 |
The Kraft Heinz Company
KHC
|
+$5.73M |
| 3 |
Qualcomm
QCOM
|
+$5.09M |
| 4 |
DuPont de Nemours
DD
|
+$5.05M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$4.96M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$24.4M |
| 2 |
Eli Lilly
LLY
|
+$21M |
| 3 |
Sysco
SYY
|
+$3.45M |
| 4 |
NextEra Energy
NEE
|
+$3.43M |
| 5 |
GE Aerospace
GE
|
+$2.59M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 18.09% |
| 2 | Consumer Staples | 15.72% |
| 3 | Industrials | 13.21% |
| 4 | Technology | 12.27% |
| 5 | Energy | 10.64% |
| 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
| $43M | 1.89% |
224,219
-2,394
| -1% | -$486K |
2013 Q2
9 quarters
|
|
2
AT&T
T
$149B
| $39.8M | 1.75% |
1,615,594
+70,683
| +5% | +$1.8M |
2013 Q2
9 quarters
|
|
3
iShares MSCI EAFE ETF
EFA
$77.3B
| $38.7M | 1.7% |
674,573
+69,404
| +11% | +$4.28M |
2013 Q2
9 quarters
|
|
4
Johnson & Johnson
JNJ
$688B
| $38.1M | 1.67% |
408,183
-1,991
| -0.5% | -$193K |
2013 Q2
9 quarters
|
|
5
ExxonMobil
XOM
$696B
| $37.2M | 1.64% |
500,635
+32,975
| +7% | +$2.54M |
2013 Q2
9 quarters
|
|
6
Pfizer
PFE
$165B
| $36M | 1.58% |
1,207,345
+14,067
| +1% | +$451K |
2013 Q2
9 quarters
|
|
7
Verizon
VZ
$192B
| $34.8M | 1.53% |
799,613
+34,061
| +4% | +$1.57M |
2013 Q2
9 quarters
|
|
8
Cisco
CSCO
$377B
| $33.4M | 1.47% |
1,271,696
+63,855
| +5% | +$1.72M |
2013 Q2
9 quarters
|
|
9
Microsoft
MSFT
$3.89T
| $33.3M | 1.46% |
752,655
+5,538
| +0.7% | +$249K |
2013 Q2
9 quarters
|
|
10
PepsiCo
PEP
$198B
| $32.6M | 1.43% |
345,454
+781
| +0.2% | +$74.3K |
2013 Q2
9 quarters
|
|
11
Coca-Cola
KO
$427B
| $32.3M | 1.42% |
804,825
+7,800
| +1% | +$312K |
2013 Q2
9 quarters
|
|
12
Kimberly-Clark
KMB
$67.2B
| $31.7M | 1.39% |
290,998
+9,112
| +3% | +$1M |
2013 Q2
9 quarters
|
|
13
Intel
INTC
$317B
| $31.4M | 1.38% |
1,042,999
+80,179
| +8% | +$2.32M |
2013 Q2
9 quarters
|
|
14
McDonald's
MCD
$192B
| $31.2M | 1.37% |
316,649
-1,388
| -0.4% | -$135K |
2013 Q2
9 quarters
|
|
15
iShares Core S&P Small-Cap ETF
IJR
$106B
| $31.1M | 1.37% |
584,326
+29,586
| +5% | +$1.68M |
2013 Q2
9 quarters
|
|
16
Merck
MRK
$364B
| $30.3M | 1.33% |
642,167
+17,706
| +3% | +$941K |
2013 Q2
9 quarters
|
|
17
Procter & Gamble
PG
$394B
| $30.2M | 1.33% |
420,193
+27,559
| +7% | +$2.07M |
2013 Q2
9 quarters
|
|
18
IBM
IBM
$234B
| $30M | 1.32% |
216,593
+20,554
| +10% | +$3.04M |
2013 Q2
9 quarters
|
|
19
United Parcel Service
UPS
$95.7B
| $29.8M | 1.31% |
302,204
+1,740
| +0.6% | +$172K |
2013 Q2
9 quarters
|
|
20
Lockheed Martin
LMT
$138B
| $29.7M | 1.3% |
143,030
-7,342
| -5% | -$1.49M |
2013 Q2
9 quarters
|
|
21
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$25.7B
| $29.5M | 1.3% |
118,471
+1,381
| +1% | +$366K |
2013 Q2
9 quarters
|
|
22
Waste Management
WM
$97B
| $29.3M | 1.29% |
588,598
+31,175
| +6% | +$1.55M |
2013 Q2
9 quarters
|
|
23
iShares Core S&P 500 ETF
IVV
$876B
| $28.9M | 1.27% |
149,883
+770
| +0.5% | +$157K |
2013 Q2
9 quarters
|
|
24
Philip Morris
PM
$310B
| $28.2M | 1.24% |
355,114
-3,763
| -1% | -$310K |
2013 Q2
9 quarters
|
|
|
25
DuPont de Nemours
DD
$20.4B
| $28.2M | 1.24% |
262,352
+43,548
| +20% | +$5.05M |
2013 Q2
9 quarters
|
|
Similar funds
Conning Inc's Q3 2015 Portfolio in Review
As of Q3 2015, Conning Inc held 588 positions worth $2.28B, down 6.6% from $2.44B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Conning Inc's Q3 2015 filing shows 14 new, 99 increased, 360 reduced and 44 closed positions. Its largest new stake was The Kraft Heinz Company: 75,942 shares worth $5.36M. The largest sale was KRAFT FOODS GROUP INC COM STK (VA), an estimated $24.4M.
By sector, the portfolio is most concentrated in Miscellaneous at 18% of assets, down from 18% a quarter earlier, followed by Consumer Staples and Industrials.
- Conning Inc's largest Q3 2015 buy was The Kraft Heinz Company: 75,942 shares worth $5.36M.
- Conning Inc added most to RTX Corp in Q3 2015, an estimated $6.81M increase.
- Conning Inc's biggest Q3 2015 reduction was Eli Lilly, cutting an estimated $21M.
- Conning Inc fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $24.4M.
- Conning Inc's ten largest holdings make up 16% of its $2.28B portfolio in Q3 2015.
- Conning Inc opened 14 new positions and closed 44 in Q3 2015.
- Conning Inc's portfolio value fell 6.6% quarter-over-quarter to $2.28B.
Based on Conning Inc's 13F filing for Q3 2015, filed 23 Oct 2015.