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 |
Apple
AAPL
|
+$335M |
| 2 |
Corning
GLW
|
+$137M |
| 3 |
ExxonMobil
XOM
|
+$134M |
| 4 |
Mastercard
MA
|
+$131M |
| 5 |
RTX Corp
RTX
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$217M |
| 2 |
Blackstone
BX
|
+$154M |
| 3 |
Oracle
ORCL
|
+$136M |
| 4 |
RCPT
RECEPTOS INC COM STK (DE)
RCPT
|
+$135M |
| 5 |
Qualcomm
QCOM
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.68% |
| 2 | Energy | 11.2% |
| 3 | Technology | 10.8% |
| 4 | Healthcare | 10.07% |
| 5 | Real Estate | 6.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Bank of America
BAC
$354B
| $1.4B | 7.59% |
82,356,142
-4,284,567
| -5% | -$70.6M |
2013 Q2
8 quarters
|
|
2
Goldman Sachs
GS
$270B
| $851M | 4.61% |
4,072,207
-369,447
| -8% | -$75.3M |
2013 Q2
8 quarters
|
|
|
3
Apple
AAPL
$5.09T
| $787M | 4.26% |
25,092,856
+10,480,500
| +72% | +$335M |
2013 Q2
8 quarters
|
|
4
Citigroup
C
$208B
| $667M | 3.62% |
12,085,167
-1,572,455
| -12% | -$85.5M |
2013 Q2
8 quarters
|
|
5
Energy Transfer Partners
ET
$71.9B
| $571M | 3.09% |
17,796,958
+379,892
| +2% | +$12.7M |
2013 Q2
8 quarters
|
|
6
JPMorgan Chase
JPM
$912B
| $307M | 1.66% |
4,524,707
-1,209,369
| -21% | -$79M |
2013 Q2
8 quarters
|
|
7
iShares Core US Aggregate Bond ETF
AGG
$140B
| $284M | 1.54% |
2,614,076
+500,000
| +24% | +$55M |
2013 Q2
8 quarters
|
|
|
8
ExxonMobil
XOM
$754B
| $284M | 1.54% |
3,409,643
+1,555,377
| +84% | +$134M |
2013 Q2
8 quarters
|
|
|
9
Blackstone
BX
$96.2B
| $270M | 1.46% |
6,740,294
-3,736,821
| -36% | -$154M |
2013 Q2
8 quarters
|
|
10
Pfizer
PFE
$171B
| $266M | 1.44% |
8,351,409
-18,207
| -0.2% | -$593K |
2013 Q2
8 quarters
|
|
11
KKR & Co
KKR
$86B
| $246M | 1.33% |
10,756,319
+2,713,184
| +34% | +$62.3M |
2013 Q2
8 quarters
|
|
|
12
Mastercard
MA
$557B
| $244M | 1.32% |
2,611,066
+1,425,736
| +120% | +$131M |
2013 Q2
8 quarters
|
|
13
Merck
MRK
$361B
| $240M | 1.3% |
4,425,182
+420,404
| +10% | +$23.6M |
2013 Q2
8 quarters
|
|
14
Microsoft
MSFT
$3.94T
| $233M | 1.26% |
5,281,900
-759,824
| -13% | -$34.7M |
2013 Q2
8 quarters
|
|
15
Alphabet (Google) Class C
GOOG
$3.45T
| $225M | 1.22% |
8,455,900
-1,325,080
| -14% | -$35.5M |
2013 Q2
8 quarters
|
|
16
GE Aerospace
GE
$325B
| $219M | 1.19% |
1,721,295
-616,567
| -26% | -$80M |
2013 Q2
8 quarters
|
|
17
Gilead Sciences
GILD
$205B
| $185M | 1% |
1,578,521
+183,994
| +13% | +$20.1M |
2013 Q2
8 quarters
|
|
18
Crown Castle
CCI
$37.8B
| $169M | 0.91% |
2,101,800
-40,160
| -2% | -$3.35M |
2013 Q2
8 quarters
|
|
19
MetLife
MET
$64.1B
| $166M | 0.9% |
3,320,783
-1,070,916
| -24% | -$50.7M |
2013 Q2
8 quarters
|
|
20
Verizon
VZ
$181B
| $163M | 0.88% |
3,502,892
+1,344,677
| +62% | +$65.8M |
2013 Q2
8 quarters
|
|
|
ETP
21
DELISTED
Energy Transfer Partners L.p.
ETP
| $157M | 0.85% |
3,018,599
+1,850,696
| +158% | +$103M |
2014 Q4
2 quarters
|
|
|
KRFT
22
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $155M | 0.84% |
1,815,301
+919,661
| +103% | +$79.1M |
2015 Q1
1 quarter
|
|
|
23
Wells Fargo
WFC
$255B
| $152M | 0.83% |
2,709,579
-3,888,607
| -59% | -$217M |
2013 Q2
8 quarters
|
|
24
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.37B
| $143M | 0.77% |
3,000,000
-1,000,000
| -25% | -$48.5M |
2013 Q3
7 quarters
|
|
25
Comcast
CMCSA
$79.1B
| $141M | 0.76% |
4,675,822
+1,642,426
| +54% | +$48.2M |
2013 Q2
8 quarters
|
|
Similar funds
ING Group's Q2 2015 Portfolio in Review
As of Q2 2015, ING Group held 814 positions worth $18.5B, down 7.3% from $19.9B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
ING Group withdrew a net $1.61B in Q2 2015, closing 205 positions and reducing 290 holdings. Its most notable exit was Shaw Communications Inc., an estimated $71.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 32% of assets, up from 30% a quarter earlier, followed by Energy and Technology.
Against the trend, ING Group opened a new position in Chimera Investment worth $44.6M.
- ING Group's largest Q2 2015 buy was Chimera Investment: 1,082,336 shares worth $44.6M.
- ING Group added most to Apple in Q2 2015, an estimated $335M increase.
- ING Group's biggest Q2 2015 reduction was Wells Fargo, cutting an estimated $217M.
- ING Group fully exited Shaw Communications Inc. in Q2 2015, selling an estimated $71.4M.
- ING Group's ten largest holdings make up 31% of its $18.5B portfolio in Q2 2015.
- ING Group opened 35 new positions and closed 205 in Q2 2015.
- ING Group's portfolio value fell 7.3% quarter-over-quarter to $18.5B.
Based on ING Group's 13F filing for Q2 2015, filed 10 Aug 2015.