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 |
Energy Transfer Partners
ET
|
+$191M |
| 2 |
Enterprise Products Partners
EPD
|
+$80.5M |
| 3 |
Plains All American Pipeline
PAA
|
+$72.4M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$68.8M |
| 5 |
Comcast
CMCSA
|
+$55.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$292M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$170M |
| 3 |
Bank of America
BAC
|
+$149M |
| 4 |
Microsoft
MSFT
|
+$85.3M |
| 5 |
RAI
Reynolds American Inc
RAI
|
+$72.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 19.72% |
| 2 | Financials | 17.54% |
| 3 | Technology | 12.49% |
| 4 | Miscellaneous | 11.64% |
| 5 | Healthcare | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Bank of America
BAC
$346B
| $507M | 9.76% |
19,991,941
-6,146,934
| -24% | -$149M |
2013 Q2
17 quarters
|
|
2
Apple
AAPL
$5.03T
| $253M | 4.87% |
6,561,620
-1,759,300
| -21% | -$68.2M |
2013 Q2
17 quarters
|
|
|
3
Energy Transfer Partners
ET
$72B
| $190M | 3.66% |
+10,924,000
| New | +$191M |
2017 Q3
0 quarters
|
|
|
4
Enterprise Products Partners
EPD
$82.4B
| $190M | 3.65% |
7,269,400
+3,044,560
| +72% | +$80.5M |
2013 Q2
17 quarters
|
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $184M | 3.55% |
734,347
-688,528
| -48% | -$170M |
2013 Q2
17 quarters
|
|
6
Amazon
AMZN
$2.6T
| $111M | 2.13% |
2,301,600
+277,580
| +14% | +$13.6M |
2013 Q2
17 quarters
|
|
7
MPLX
MPLX
$61B
| $109M | 2.11% |
3,124,100
+749,100
| +32% | +$25.9M |
2015 Q1
10 quarters
|
|
|
8
Microsoft
MSFT
$3.88T
| $100M | 1.92% |
1,336,163
-1,167,152
| -47% | -$85.3M |
2013 Q2
17 quarters
|
|
9
Alphabet (Google) Class A
GOOGL
$3.44T
| $93.1M | 1.79% |
1,912,120
+300,460
| +19% | +$14.3M |
2015 Q4
7 quarters
|
|
10
Johnson & Johnson
JNJ
$658B
| $87.9M | 1.69% |
676,388
+71,614
| +12% | +$9.49M |
2013 Q2
17 quarters
|
|
|
11
Invesco QQQ Trust
QQQ
$466B
| $75.1M | 1.45% |
516,407
+480,243
| +1,328% | +$68.8M |
2017 Q1
2 quarters
|
|
12
Pfizer
PFE
$174B
| $73.6M | 1.42% |
2,173,081
+1,198,050
| +123% | +$38.5M |
2016 Q2
5 quarters
|
|
13
iShares MSCI Brazil ETF
EWZ
$10.7B
| $71.5M | 1.38% |
1,714,866
+86,468
| +5% | +$3.38M |
2013 Q4
15 quarters
|
|
|
AABA
14
DELISTED
Altaba Inc
AABA
| $70.3M | 1.36% |
1,061,797
-4,762,465
| -82% | -$292M |
2017 Q2
1 quarter
|
|
15
Honeywell
HON
$69.2B
| $69M | 1.33% |
538,692
+362,019
| +205% | +$44.9M |
2016 Q3
4 quarters
|
|
16
Mastercard
MA
$556B
| $66.9M | 1.29% |
473,702
+218,915
| +86% | +$29M |
2013 Q2
17 quarters
|
|
|
17
Plains All American Pipeline
PAA
$18.7B
| $66.3M | 1.28% |
+3,128,100
| New | +$72.4M |
2017 Q3
0 quarters
|
|
|
18
Comcast
CMCSA
$82.5B
| $66.1M | 1.27% |
1,718,489
+1,413,469
| +463% | +$55.7M |
2013 Q2
17 quarters
|
|
|
EQM
19
DELISTED
EQM Midstream Partners, LP
EQM
| $59.9M | 1.15% |
799,500
+104,500
| +15% | +$7.86M |
2017 Q1
2 quarters
|
|
20
UnitedHealth
UNH
$365B
| $59.1M | 1.14% |
301,997
+97,994
| +48% | +$18.9M |
2016 Q3
4 quarters
|
|
21
Meta Platforms (Facebook)
META
$1.6T
| $56M | 1.08% |
327,680
-262,071
| -44% | -$43.7M |
2013 Q2
17 quarters
|
|
22
WisdomTree India Earnings Fund ETF
EPI
$1.79B
| $55.3M | 1.06% |
2,195,958
| – | – |
2013 Q2
17 quarters
|
|
23
Goldman Sachs
GS
$260B
| $49.9M | 0.96% |
210,385
-11,101
| -5% | -$2.5M |
2013 Q2
17 quarters
|
|
24
Vanguard Real Estate ETF
VNQ
$37.7B
| $49.9M | 0.96% |
+600,000
| New | +$50.1M |
2017 Q3
0 quarters
|
|
25
Boeing
BA
$136B
| $49M | 0.94% |
+192,806
| New | +$44.9M |
2017 Q3
0 quarters
|
|
Similar funds
ING Group's Q3 2017 Portfolio in Review
As of Q3 2017, ING Group held 973 positions worth $5.19B, down 0.58% from $5.22B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
ING Group withdrew a net $261M in Q3 2017, closing 157 positions and reducing 207 holdings. Its most notable exit was Reynolds American Inc, an estimated $72.4M position sold in full.
By sector, the portfolio is most concentrated in Energy at 20% of assets, up from 8.4% a quarter earlier, followed by Financials and Technology.
Against the trend, ING Group opened a new position in Energy Transfer Partners worth $190M.
- ING Group's largest Q3 2017 buy was Energy Transfer Partners: 10,924,000 shares worth $190M.
- ING Group added most to Enterprise Products Partners in Q3 2017, an estimated $80.5M increase.
- ING Group's biggest Q3 2017 reduction was Altaba Inc, cutting an estimated $292M.
- ING Group fully exited Reynolds American Inc in Q3 2017, selling an estimated $72.4M.
- ING Group's ten largest holdings make up 35% of its $5.19B portfolio in Q3 2017.
- ING Group opened 148 new positions and closed 157 in Q3 2017.
- ING Group's portfolio value fell 0.58% quarter-over-quarter to $5.19B.
Based on ING Group's 13F filing for Q3 2017, filed 8 Nov 2017.