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 |
Nucor
NUE
|
+$24.8M |
| 2 |
Marathon Petroleum
MPC
|
+$24.2M |
| 3 |
Wells Fargo
WFC
|
+$23M |
| 4 |
Diageo
DEO
|
+$14.9M |
| 5 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$10.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$24.7M |
| 2 |
ExxonMobil
XOM
|
+$24M |
| 3 |
International Paper
IP
|
+$23.9M |
| 4 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$15.2M |
| 5 |
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
|
+$5.19M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 18.37% |
| 2 | Technology | 12.61% |
| 3 | Consumer Staples | 12.55% |
| 4 | Industrials | 12.25% |
| 5 | Healthcare | 10.28% |
| 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
$811B
| $49.2M | 1.79% |
203,374
| – | – |
2013 Q2
16 quarters
|
|
2
Johnson & Johnson
JNJ
$665B
| $46.5M | 1.69% |
351,419
-9,599
| -3% | -$1.22M |
2013 Q2
16 quarters
|
|
3
Microsoft
MSFT
$4.13T
| $46.1M | 1.67% |
668,143
-33,224
| -5% | -$2.28M |
2013 Q2
16 quarters
|
|
4
iShares MSCI EAFE ETF
EFA
$78.5B
| $41.9M | 1.52% |
643,055
+19,470
| +3% | +$1.26M |
2013 Q2
16 quarters
|
|
5
Pfizer
PFE
$175B
| $40M | 1.45% |
1,254,002
+42,144
| +3% | +$1.33M |
2013 Q2
16 quarters
|
|
6
AT&T
T
$147B
| $39.1M | 1.42% |
1,370,896
+47,219
| +4% | +$1.39M |
2013 Q2
16 quarters
|
|
7
Verizon
VZ
$191B
| $39M | 1.41% |
872,430
+52,432
| +6% | +$2.44M |
2013 Q2
16 quarters
|
|
8
Procter & Gamble
PG
$388B
| $38.6M | 1.4% |
443,305
+13,991
| +3% | +$1.23M |
2013 Q2
16 quarters
|
|
9
Merck
MRK
$371B
| $38.1M | 1.38% |
623,639
+8,330
| +1% | +$507K |
2013 Q2
16 quarters
|
|
10
iShares Core S&P 500 ETF
IVV
$883B
| $37.8M | 1.37% |
155,109
+615
| +0.4% | +$148K |
2013 Q2
16 quarters
|
|
11
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.3B
| $37.3M | 1.35% |
117,325
-2,816
| -2% | -$886K |
2013 Q2
16 quarters
|
|
12
Amgen
AMGN
$259B
| $37M | 1.34% |
214,815
+26,144
| +14% | +$4.25M |
2013 Q2
16 quarters
|
|
13
Coca-Cola
KO
$412B
| $36.8M | 1.34% |
820,220
-43,178
| -5% | -$1.91M |
2013 Q2
16 quarters
|
|
14
Boeing
BA
$140B
| $36.7M | 1.33% |
185,800
+1,001
| +0.5% | +$186K |
2013 Q2
16 quarters
|
|
15
Cisco
CSCO
$408B
| $36.5M | 1.33% |
1,166,879
+90,270
| +8% | +$2.94M |
2013 Q2
16 quarters
|
|
16
Home Depot
HD
$355B
| $35.9M | 1.3% |
234,160
+25,280
| +12% | +$3.88M |
2013 Q2
16 quarters
|
|
17
PepsiCo
PEP
$194B
| $35.9M | 1.3% |
310,861
-6,342
| -2% | -$728K |
2013 Q2
16 quarters
|
|
18
IBM
IBM
$240B
| $35.9M | 1.3% |
243,850
+36,223
| +17% | +$5.46M |
2013 Q2
16 quarters
|
|
19
iShares Core S&P Small-Cap ETF
IJR
$107B
| $35.8M | 1.3% |
509,906
-6,737
| -1% | -$467K |
2013 Q2
16 quarters
|
|
20
United Parcel Service
UPS
$97.3B
| $35.1M | 1.27% |
317,193
+3,741
| +1% | +$400K |
2013 Q2
16 quarters
|
|
21
DuPont de Nemours
DD
$20.4B
| $34.5M | 1.25% |
215,796
+955
| +0.4% | +$152K |
2013 Q2
16 quarters
|
|
22
Intel
INTC
$310B
| $34.3M | 1.24% |
1,016,301
+13,514
| +1% | +$484K |
2013 Q2
16 quarters
|
|
23
Valero Energy
VLO
$102B
| $34.2M | 1.24% |
506,974
+63,346
| +14% | +$4.11M |
2013 Q2
16 quarters
|
|
24
Qualcomm
QCOM
$185B
| $34.1M | 1.24% |
617,895
+9,635
| +2% | +$538K |
2013 Q2
16 quarters
|
|
25
Emerson Electric
EMR
$95.1B
| $34.1M | 1.24% |
571,614
+34,162
| +6% | +$2.03M |
2013 Q2
16 quarters
|
|
Similar funds
Conning Inc's Q2 2017 Portfolio in Review
As of Q2 2017, Conning Inc held 626 positions worth $2.75B, up 1.7% from $2.71B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Conning Inc's Q2 2017 filing shows 30 new, 148 increased, 315 reduced and 34 closed positions. Its largest new stake was Diageo: 124,825 shares worth $3.68M. The largest sale was Honeywell, an estimated $24.7M.
By sector, the portfolio is most concentrated in Miscellaneous at 18% of assets, down from 20% a quarter earlier, followed by Technology and Consumer Staples.
- Conning Inc's largest Q2 2017 buy was Diageo: 124,825 shares worth $3.68M.
- Conning Inc added most to Nucor in Q2 2017, an estimated $24.8M increase.
- Conning Inc's biggest Q2 2017 reduction was Honeywell, cutting an estimated $24.7M.
- Conning Inc fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $15.2M.
- Conning Inc's ten largest holdings make up 15% of its $2.75B portfolio in Q2 2017.
- Conning Inc opened 30 new positions and closed 34 in Q2 2017.
- Conning Inc's portfolio value rose 1.7% quarter-over-quarter to $2.75B.
Based on Conning Inc's 13F filing for Q2 2017, filed 3 Aug 2017.