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 |
Ameriprise Financial
AMP
|
+$19.8M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$8.69M |
| 3 |
Barclays
BCS
|
+$6.88M |
| 4 |
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
|
+$4.54M |
| 5 |
KANG
iKang Healthcare Group, Inc.
KANG
|
+$4.23M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CME Group
CME
|
+$21M |
| 2 |
Lockheed Martin
LMT
|
+$6.46M |
| 3 |
Altria Group
MO
|
+$6.22M |
| 4 |
Sysco
SYY
|
+$6.01M |
| 5 |
Waste Management
WM
|
+$4.61M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 19.27% |
| 2 | Industrials | 14.49% |
| 3 | Consumer Staples | 13.93% |
| 4 | Technology | 12.2% |
| 5 | Healthcare | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
AT&T
T
$147B
| $49.3M | 2.04% |
1,511,441
-21,748
| -1% | -$647K |
2013 Q2
12 quarters
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$812B
| $46.7M | 1.93% |
222,974
-1,245
| -0.6% | -$258K |
2013 Q2
12 quarters
|
|
3
Johnson & Johnson
JNJ
$667B
| $42.4M | 1.75% |
349,416
-9,101
| -3% | -$1.03M |
2013 Q2
12 quarters
|
|
4
ExxonMobil
XOM
$691B
| $42.3M | 1.75% |
451,320
-20,389
| -4% | -$1.8M |
2013 Q2
12 quarters
|
|
5
Verizon
VZ
$192B
| $41.6M | 1.72% |
744,993
-12,989
| -2% | -$674K |
2013 Q2
12 quarters
|
|
6
iShares MSCI EAFE ETF
EFA
$78.5B
| $38.5M | 1.59% |
689,847
+23,491
| +4% | +$1.35M |
2013 Q2
12 quarters
|
|
7
Pfizer
PFE
$175B
| $38M | 1.57% |
1,138,826
-112,095
| -9% | -$3.58M |
2013 Q2
12 quarters
|
|
8
Microsoft
MSFT
$4.14T
| $35.4M | 1.46% |
691,519
-2,825
| -0.4% | -$147K |
2013 Q2
12 quarters
|
|
9
iShares Core S&P Small-Cap ETF
IJR
$107B
| $34.9M | 1.44% |
600,222
+24,724
| +4% | +$1.41M |
2013 Q2
12 quarters
|
|
10
Merck
MRK
$370B
| $34.5M | 1.42% |
627,491
-31,814
| -5% | -$1.69M |
2013 Q2
12 quarters
|
|
11
Cisco
CSCO
$407B
| $34.4M | 1.42% |
1,200,140
-91,137
| -7% | -$2.56M |
2013 Q2
12 quarters
|
|
12
Procter & Gamble
PG
$389B
| $33.8M | 1.39% |
398,602
+825
| +0.2% | +$67.7K |
2013 Q2
12 quarters
|
|
13
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.3B
| $32.7M | 1.35% |
120,141
| – | – |
2013 Q2
12 quarters
|
|
14
PepsiCo
PEP
$195B
| $32.4M | 1.34% |
305,792
-885
| -0.3% | -$91.3K |
2013 Q2
12 quarters
|
|
15
iShares Core S&P 500 ETF
IVV
$884B
| $32.1M | 1.33% |
152,316
+746
| +0.5% | +$156K |
2013 Q2
12 quarters
|
|
16
IBM
IBM
$241B
| $32M | 1.32% |
220,592
-18,325
| -8% | -$2.62M |
2013 Q2
12 quarters
|
|
17
Coca-Cola
KO
$415B
| $31.9M | 1.32% |
703,129
-4,306
| -0.6% | -$195K |
2013 Q2
12 quarters
|
|
18
Kimberly-Clark
KMB
$36.2B
| $31.6M | 1.3% |
229,882
+6,046
| +3% | +$791K |
2013 Q2
12 quarters
|
|
19
GE Aerospace
GE
$340B
| $31.5M | 1.3% |
208,873
+2,541
| +1% | +$371K |
2013 Q2
12 quarters
|
|
20
Walmart Inc
WMT
$1.03T
| $30.8M | 1.27% |
1,267,317
+49,428
| +4% | +$1.14M |
2013 Q2
12 quarters
|
|
21
Intel
INTC
$307B
| $29.9M | 1.24% |
912,153
-11,216
| -1% | -$351K |
2013 Q2
12 quarters
|
|
22
RTX Corp
RTX
$266B
| $29.7M | 1.22% |
459,510
-21,304
| -4% | -$1.36M |
2013 Q2
12 quarters
|
|
23
AbbVie
ABBV
$519B
| $29.5M | 1.22% |
475,778
-42,270
| -8% | -$2.58M |
2013 Q2
12 quarters
|
|
24
United Parcel Service
UPS
$97B
| $29.2M | 1.21% |
271,395
-5,615
| -2% | -$584K |
2013 Q2
12 quarters
|
|
25
DuPont de Nemours
DD
$20.5B
| $28.6M | 1.18% |
227,465
-6,885
| -3% | -$906K |
2013 Q2
12 quarters
|
|
Similar funds
Conning Inc's Q2 2016 Portfolio in Review
As of Q2 2016, Conning Inc held 589 positions worth $2.42B, up 1.7% from $2.38B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Conning Inc withdrew a net $109M in Q2 2016, closing 22 positions and reducing 197 holdings. Its most notable exit was AngloGold Ashanti, an estimated $1.68M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Staples.
Against the trend, Conning Inc opened a new position in Vanguard Morningstar Total Stock Market ETF worth $8.78M.
- Conning Inc's largest Q2 2016 buy was Vanguard Morningstar Total Stock Market ETF: 81,981 shares worth $8.78M.
- Conning Inc added most to Ameriprise Financial in Q2 2016, an estimated $19.8M increase.
- Conning Inc's biggest Q2 2016 reduction was CME Group, cutting an estimated $21M.
- Conning Inc fully exited AngloGold Ashanti in Q2 2016, selling an estimated $1.68M.
- Conning Inc's ten largest holdings make up 17% of its $2.42B portfolio in Q2 2016.
- Conning Inc opened 29 new positions and closed 22 in Q2 2016.
- Conning Inc's portfolio value rose 1.7% quarter-over-quarter to $2.42B.
Based on Conning Inc's 13F filing for Q2 2016, filed 26 Jul 2016.