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Portfolio update: Wellington Management

Posted by Steve Syre August 16, 2007 01:02 PM

Another in a series of portfolio updates from Boston's biggest investment management firms, based on reports filed with the Securities and Exchange Commission this week:

Wellington Management list of its 10 largest stock holdings, as of June 30, remains true to the firm's value-investing roots. Nine of its top 10 stocks are repeats from the previous quarter, though rearranged in some cases. The only real change: Google Inc. replaced Swiss banking giant UBS AG in the tenth spot during the second quarter.

Wellington's complete top 10 list includes: Shering-Plough Corp. ($5.6 billion), Citigroup Inc. ($5.4 billion), Bank of America Corp. ($5.2 billion), AT&T Inc. ($5.1 billion), General Electric Co. ($4.8 billion), Exxon Mobil Corp. ($4.8 billion), ConocoPhillips ($4.3 billion), Eli Lilly & Co. ($4.3 billion), Medtronic INc. $3.3 billion) and Google Inc. $3.3 billion).

The entire Wellington stock portfolio report is available HERE. You can read Wellington's first-quarter filing can be read HERE.

About boston capital Financial insight from The Boston Globe's Steve Syre.

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The Boston Globe's financial columnist, Steve Syre, offers business and financial insight.
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