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 |
Home Depot
HD
|
+$24.9M |
| 2 |
Target
TGT
|
+$9.35M |
| 3 |
Qualcomm
QCOM
|
+$8.17M |
| 4 |
VF Corp
VFC
|
+$7.87M |
| 5 |
United Parcel Service
UPS
|
+$6.49M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rockwell Automation
ROK
|
+$25.2M |
| 2 |
NRF
NorthStar Realty Finance Corp.
NRF
|
+$5.9M |
| 3 |
OKS
Oneok Partners LP
OKS
|
+$5.57M |
| 4 |
Nucor
NUE
|
+$4.97M |
| 5 |
Waste Management
WM
|
+$4.28M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 19.63% |
| 2 | Industrials | 12.77% |
| 3 | Consumer Staples | 12.55% |
| 4 | Technology | 12.5% |
| 5 | Healthcare | 9.78% |
| 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
| $47.9M | 1.77% |
203,374
-14,100
| -6% | -$3.28M |
2013 Q2
15 quarters
|
|
2
Microsoft
MSFT
$3.89T
| $46.2M | 1.71% |
701,367
+48,653
| +7% | +$3.12M |
2013 Q2
15 quarters
|
|
3
Johnson & Johnson
JNJ
$688B
| $45M | 1.66% |
361,018
+18,970
| +6% | +$2.27M |
2013 Q2
15 quarters
|
|
4
ExxonMobil
XOM
$696B
| $41.7M | 1.54% |
508,564
+69,970
| +16% | +$5.85M |
2013 Q2
15 quarters
|
|
5
AT&T
T
$149B
| $41.5M | 1.53% |
1,323,677
+8,516
| +0.6% | +$268K |
2013 Q2
15 quarters
|
|
6
Verizon
VZ
$192B
| $40M | 1.48% |
819,998
+96,187
| +13% | +$4.83M |
2013 Q2
15 quarters
|
|
7
Pfizer
PFE
$165B
| $39.3M | 1.45% |
1,211,858
+90,564
| +8% | +$2.86M |
2013 Q2
15 quarters
|
|
8
iShares MSCI EAFE ETF
EFA
$77.3B
| $38.8M | 1.43% |
623,585
-26,075
| -4% | -$1.58M |
2013 Q2
15 quarters
|
|
9
Procter & Gamble
PG
$394B
| $38.6M | 1.42% |
429,314
+22,111
| +5% | +$1.96M |
2013 Q2
15 quarters
|
|
10
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.3B
| $37.5M | 1.39% |
120,141
| – | – |
2013 Q2
15 quarters
|
|
11
Merck
MRK
$364B
| $37.3M | 1.38% |
615,309
+42,038
| +7% | +$2.55M |
2013 Q2
15 quarters
|
|
12
iShares Core S&P 500 ETF
IVV
$875B
| $36.7M | 1.35% |
154,494
+813
| +0.5% | +$190K |
2013 Q2
15 quarters
|
|
13
Coca-Cola
KO
$427B
| $36.6M | 1.35% |
863,398
+87,499
| +11% | +$3.65M |
2013 Q2
15 quarters
|
|
14
Cisco
CSCO
$377B
| $36.4M | 1.34% |
1,076,609
-48,759
| -4% | -$1.58M |
2013 Q2
15 quarters
|
|
15
Intel
INTC
$317B
| $36.2M | 1.34% |
1,002,787
+110,465
| +12% | +$4M |
2013 Q2
15 quarters
|
|
16
iShares Core S&P Small-Cap ETF
IJR
$106B
| $35.7M | 1.32% |
516,643
-36,999
| -7% | -$2.55M |
2013 Q2
15 quarters
|
|
17
PepsiCo
PEP
$198B
| $35.5M | 1.31% |
317,203
+1,156
| +0.4% | +$124K |
2013 Q2
15 quarters
|
|
|
18
Qualcomm
QCOM
$185B
| $34.9M | 1.29% |
608,260
+140,852
| +30% | +$8.17M |
2013 Q2
15 quarters
|
|
19
DuPont de Nemours
DD
$20.4B
| $34.6M | 1.28% |
214,841
+11,654
| +6% | +$1.81M |
2013 Q2
15 quarters
|
|
20
IBM
IBM
$234B
| $34.6M | 1.28% |
207,627
-3,094
| -1% | -$519K |
2013 Q2
15 quarters
|
|
21
GE Aerospace
GE
$344B
| $34M | 1.25% |
237,731
+33,365
| +16% | +$4.83M |
2013 Q2
15 quarters
|
|
|
22
United Parcel Service
UPS
$95.7B
| $33.6M | 1.24% |
313,452
+59,372
| +23% | +$6.49M |
2013 Q2
15 quarters
|
|
23
Texas Instruments
TXN
$277B
| $33.4M | 1.23% |
414,741
+74,542
| +22% | +$5.77M |
2013 Q2
15 quarters
|
|
24
Walmart Inc
WMT
$1.02T
| $33M | 1.22% |
1,372,545
+92,607
| +7% | +$2.13M |
2013 Q2
15 quarters
|
|
25
Boeing
BA
$136B
| $32.7M | 1.21% |
184,799
-16,741
| -8% | -$2.85M |
2013 Q2
15 quarters
|
|
Similar funds
Conning Inc's Q1 2017 Portfolio in Review
As of Q1 2017, Conning Inc held 609 positions worth $2.71B, up 8% from $2.51B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Conning Inc's Q1 2017 filing shows 34 new, 136 increased, 339 reduced and 13 closed positions. Its largest new stake was Sina Corp: 85,659 shares worth $6.18M. The largest sale was Rockwell Automation, an estimated $25.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 20% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Staples.
- Conning Inc's largest Q1 2017 buy was Sina Corp: 85,659 shares worth $6.18M.
- Conning Inc added most to Home Depot in Q1 2017, an estimated $24.9M increase.
- Conning Inc's biggest Q1 2017 reduction was Rockwell Automation, cutting an estimated $25.2M.
- Conning Inc fully exited NorthStar Realty Finance Corp. in Q1 2017, selling an estimated $5.9M.
- Conning Inc's ten largest holdings make up 15% of its $2.71B portfolio in Q1 2017.
- Conning Inc opened 34 new positions and closed 13 in Q1 2017.
- Conning Inc's portfolio value rose 8% quarter-over-quarter to $2.71B.
Based on Conning Inc's 13F filing for Q1 2017, filed 27 Apr 2017.