ING Group Portfolio holdings
ING Group is a Dutch bank created in 1991 when the banking group NMB Postbank merged with the insurer Nationale-Nederlanden. It is a global bank with a strong European base, offering savings, payments, investments, loans and mortgages to retail customers and lending, corporate finance and debt and equity market services to wholesale clients. ING took the direct banking model it developed at NMB Postbank abroad, launching ING Direct banks in several countries. After accepting Dutch state aid in 2008, it was required by the EU to sell its insurance businesses in several regions and some of its ING Direct banks, including those in North America and the UK. It sold its last shares in its separated insurance arm, NN Group, in 2016, leaving it purely a bank.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
KMP
KINDER MORGAN ENER PNTRS L.P.
KMP
|
+$180M |
| 2 |
Energy Transfer Partners
ET
|
+$156M |
| 3 |
Meta Platforms (Facebook)
META
|
+$94.7M |
| 4 |
Welltower
WELL
|
+$78.6M |
| 5 |
EPB
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
|
+$70.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$785M |
| 2 |
Procter & Gamble
PG
|
+$463M |
| 3 |
Goldman Sachs
GS
|
+$406M |
| 4 |
TRW
TRW AUTOMOTIVE HOLDINGS CORP
TRW
|
+$253M |
| 5 |
Apple
AAPL
|
+$238M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.62% |
| 2 | Technology | 13.5% |
| 3 | Energy | 12.26% |
| 4 | Healthcare | 12.02% |
| 5 | Real Estate | 6.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Bank of America
BAC
$349B
| $697M | 4.05% |
40,848,981
-49,297,081
| -55% | -$785M |
2013 Q2
5 quarters
|
|
|
2
Energy Transfer Partners
ET
$67.1B
| $532M | 3.09% |
17,239,472
+5,320,000
| +45% | +$156M |
2013 Q2
5 quarters
|
|
3
Pfizer
PFE
$168B
| $471M | 2.74% |
16,793,973
-584,743
| -3% | -$16.4M |
2013 Q2
5 quarters
|
|
4
Citigroup
C
$206B
| $466M | 2.71% |
8,995,465
-43,861
| -0.5% | -$2.2M |
2013 Q2
5 quarters
|
|
|
5
Apple
AAPL
$5.17T
| $433M | 2.52% |
17,204,404
-9,695,004
| -36% | -$238M |
2013 Q2
5 quarters
|
|
6
JPMorgan Chase
JPM
$912B
| $355M | 2.06% |
5,886,655
-953,436
| -14% | -$55.7M |
2013 Q2
5 quarters
|
|
7
DELISTED
EMC CORPORATION
EMC
| $344M | 2% |
11,759,864
+1,053,600
| +10% | +$30.4M |
2013 Q2
5 quarters
|
|
|
8
Goldman Sachs
GS
$267B
| $343M | 1.99% |
1,869,986
-2,313,611
| -55% | -$406M |
2013 Q2
5 quarters
|
|
9
Blackstone
BX
$96.4B
| $313M | 1.82% |
10,135,763
-123,670
| -1% | -$4.02M |
2013 Q2
5 quarters
|
|
10
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $290M | 1.68% |
1,471,072
+194,603
| +15% | +$38.5M |
2013 Q2
5 quarters
|
|
11
Microsoft
MSFT
$3.87T
| $288M | 1.67% |
6,211,747
-3,078,969
| -33% | -$137M |
2013 Q2
5 quarters
|
|
12
Wells Fargo
WFC
$257B
| $286M | 1.66% |
5,514,238
-1,027,651
| -16% | -$52.9M |
2013 Q2
5 quarters
|
|
13
GE Aerospace
GE
$355B
| $243M | 1.41% |
1,976,135
-459,514
| -19% | -$57.3M |
2013 Q2
5 quarters
|
|
|
14
Procter & Gamble
PG
$389B
| $242M | 1.4% |
2,885,218
-5,648,565
| -66% | -$463M |
2013 Q2
5 quarters
|
|
15
Johnson & Johnson
JNJ
$675B
| $231M | 1.34% |
2,164,141
-19,037
| -0.9% | -$1.97M |
2013 Q2
5 quarters
|
|
16
Alphabet (Google) Class C
GOOG
$3.57T
| $227M | 1.32% |
7,811,889
+289,372
| +4% | +$8.37M |
2013 Q2
5 quarters
|
|
17
Freeport-McMoran
FCX
$89.1B
| $222M | 1.29% |
6,805,007
-618,273
| -8% | -$22.5M |
2013 Q2
5 quarters
|
|
18
iShares Core US Aggregate Bond ETF
AGG
$138B
| $192M | 1.12% |
1,764,076
-105,850
| -6% | -$11.6M |
2013 Q2
5 quarters
|
|
|
KMP
19
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $191M | 1.11% |
2,045,081
+2,022,200
| +8,838% | +$180M |
2013 Q2
5 quarters
|
|
20
MetLife
MET
$64.7B
| $191M | 1.11% |
3,979,554
+18,634
| +0.5% | +$905K |
2013 Q2
5 quarters
|
|
21
ExxonMobil
XOM
$680B
| $182M | 1.06% |
1,936,463
+478,594
| +33% | +$47.7M |
2013 Q2
5 quarters
|
|
22
Oracle
ORCL
$400B
| $178M | 1.03% |
4,647,364
+275,554
| +6% | +$11.2M |
2013 Q2
5 quarters
|
|
23
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.26B
| $154M | 0.89% |
3,100,000
| – | – |
2013 Q3
4 quarters
|
|
|
24
Meta Platforms (Facebook)
META
$1.61T
| $154M | 0.89% |
1,944,930
+1,290,767
| +197% | +$94.7M |
2013 Q2
5 quarters
|
|
25
Cisco
CSCO
$397B
| $146M | 0.85% |
5,790,786
+787,615
| +16% | +$19.8M |
2013 Q2
5 quarters
|
|
Similar funds
ING Group's Q3 2014 Portfolio in Review
As of Q3 2014, ING Group held 712 positions worth $17.2B, down 13% from $19.8B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
ING Group withdrew a net $2.72B in Q3 2014, closing 75 positions and reducing 286 holdings. Its most notable exit was TRW AUTOMOTIVE HOLDINGS CORP, an estimated $253M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 27% a quarter earlier, followed by Technology and Energy.
Against the trend, ING Group opened a new position in Rackspace Hosting Inc worth $42.3M.
- ING Group's largest Q3 2014 buy was Rackspace Hosting Inc: 1,300,000 shares worth $42.3M.
- ING Group added most to KINDER MORGAN ENER PNTRS L.P. in Q3 2014, an estimated $180M increase.
- ING Group's biggest Q3 2014 reduction was Bank of America, cutting an estimated $785M.
- ING Group fully exited TRW AUTOMOTIVE HOLDINGS CORP in Q3 2014, selling an estimated $253M.
- ING Group's ten largest holdings make up 25% of its $17.2B portfolio in Q3 2014.
- ING Group opened 73 new positions and closed 75 in Q3 2014.
- ING Group's portfolio value fell 13% quarter-over-quarter to $17.2B.
Based on ING Group's 13F filing for Q3 2014, filed 14 Nov 2014.