GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Manning & Napier Advisors Reports Q4 Portfolio; Buys DTV, MCO, VMED, BDX and WAT

January 18, 2012 | About:
10qk

gurufocus

333 followers
Investment firm Manning & Napier Advisors just reported their fourth quarter portfolio. According to the most recent filings, as of 12/31/2011, Manning & Napier Advisors owns 364 stocks with a total value of $18.8 billion.

For the year 2011, their Equity Series lost 6.05%. for the last 10 years, the fund averaged 4.55% a year. The fund uses a "bottom up" strategy, focusing on individual security selection to identify companies that it believes will make attractive long-term investments. Currently the fund invests heavily consumer discretionary and consumer staples.

These are the details of the buys and sells that have the impact to portfolio of more than 0.1%.

For the details of Manning & Napier Advisors, Inc's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Manning+%26+Napier+Advisors%2C+Inc

This is the sector weightings of his portfolio:

Consumer Services 21.2%
Technology 19%
Financials 13.8%
Health Care 12.6%
Industrials 10.9%
Consumer Goods 10.6%
Oil & Gas 8.5%
Telecom 1.8%
Basic Materials 1.2%
Utilities 0.1%


These are the top 5 holdings of Manning & Napier Advisors, Inc

  1. Google Inc. (GOOG) - 1,055,108 shares, 3.6% of the total portfolio. Shares reduced by 8.02%
  2. Walt Disney (DIS) - 15,030,557 shares, 3.0% of the total portfolio. Shares reduced by 2.6%
  3. Monsanto Co. (MON) - 7,699,526 shares, 2.9% of the total portfolio. Shares reduced by 6.67%
  4. Schlumberger Ltd. (SLB) - 7,662,387 shares, 2.8% of the total portfolio. Shares reduced by 2.78%
  5. Cisco Systems Inc. (CSCO) - 25,864,560 shares, 2.5% of the total portfolio. Shares reduced by 4.24%


New Purchase: DirecTV (DTV)

Manning & Napier Advisors, Inc initiated holdings in Directv. His purchase prices were between $40.6 and $47.87, with an estimated average price of $45.35. The impact to his portfolio due to this purchase was 1.3%. His holdings were 5,740,646 shares as of 12/31/2011.

Sold Out: Ishares Iboxx $ High Yield Corporate Bond Fund (HYG)

Manning & Napier Advisors, Inc sold out his holdings in Ishares Iboxx $ High Yield Corporate Bond Fund. His sale prices were between $81.05 and $90.39, with an estimated average price of $86.84.

Sold Out: Ishares S&p National Amtfree Municipal Bond Fund (MUB)

Manning & Napier Advisors, Inc sold out his holdings in Ishares S&p National Amtfree Municipal Bond Fund. His sale prices were between $104.9 and $109.24, with an estimated average price of $106.45.

Added: Moodys Corp. (MCO)

Manning & Napier Advisors, Inc added to his holdings in Moodys Corp. by 2648.76%. His purchase prices were between $28.94 and $36.75, with an estimated average price of $33.26. The impact to his portfolio due to this purchase was 0.93%. His holdings were 5,377,130 shares as of 12/31/2011.

Added: Virgin Media Inc. (VMED)

Manning & Napier Advisors, Inc added to his holdings in Virgin Media Inc. by 37.11%. His purchase prices were between $20.66 and $27.89, with an estimated average price of $23.74. The impact to his portfolio due to this purchase was 0.43%. His holdings were 14,011,790 shares as of 12/31/2011.

Added: Becton Dickinson & Co. (BDX)

Manning & Napier Advisors, Inc added to his holdings in Becton Dickinson & Co. by 28.17%. His purchase prices were between $70.65 and $79.64, with an estimated average price of $73.74. The impact to his portfolio due to this purchase was 0.33%. His holdings were 3,653,545 shares as of 12/31/2011.

Added: Waters Corp. (WAT)

Manning & Napier Advisors, Inc added to his holdings in Waters Corp. by 96.26%. His purchase prices were between $71.61 and $83.14, with an estimated average price of $76.6. The impact to his portfolio due to this purchase was 0.32%. His holdings were 1,660,510 shares as of 12/31/2011.

Added: AllScripts Healthcare Solutions Inc. (MDRX)

Manning & Napier Advisors, Inc added to his holdings in Allscripts Healthcare Solutions Inc. by 81.52%. His purchase prices were between $16.82 and $20.94, with an estimated average price of $19.01. The impact to his portfolio due to this purchase was 0.3%. His holdings were 6,566,230 shares as of 12/31/2011.

Added: Cerner Corp. (CERN)

Manning & Napier Advisors, Inc added to his holdings in Cerner Corp. by 11.74%. His purchase prices were between $56.35 and $69.97, with an estimated average price of $62.96. The impact to his portfolio due to this purchase was 0.22%. His holdings were 6,333,434 shares as of 12/31/2011.

Added: Corning Inc. (GLW)

Manning & Napier Advisors, Inc added to his holdings in Corning Inc. by 17.24%. His purchase prices were between $11.88 and $15.53, with an estimated average price of $13.79. The impact to his portfolio due to this purchase was 0.21%. His holdings were 19,779,120 shares as of 12/31/2011.

Added: Cooper Industries Cl A (CBE)

Manning & Napier Advisors, Inc added to his holdings in Cooper Industries Cl A by 7068.56%. His purchase prices were between $44.38 and $56.49, with an estimated average price of $52.62. The impact to his portfolio due to this purchase was 0.2%. His holdings were 679,436 shares as of 12/31/2011.

Added: Baker Hughes Inc. (BHI)

Manning & Napier Advisors, Inc added to his holdings in Baker Hughes Inc. by 11%. His purchase prices were between $44.47 and $60.89, with an estimated average price of $52.61. The impact to his portfolio due to this purchase was 0.16%. His holdings were 6,324,432 shares as of 12/31/2011.

Added: Quanta Services Inc. (PWR)

Manning & Napier Advisors, Inc added to his holdings in Quanta Services Inc. by 19.66%. His purchase prices were between $17.37 and $22.44, with an estimated average price of $20.22. The impact to his portfolio due to this purchase was 0.11%. His holdings were 5,800,590 shares as of 12/31/2011.

Reduced: General Mills Inc. (GIS)

Manning & Napier Advisors, Inc reduced to his holdings in General Mills Inc. by 94.75%. His sale prices were between $37.94 and $40.66, with an estimated average price of $39.32. The impact to his portfolio due to this sale was -1.48%. Manning & Napier Advisors, Inc still held 398,190 shares as of 12/31/2011.

Reduced: Qualcomm Inc. (QCOM)

Manning & Napier Advisors, Inc reduced to his holdings in Qualcomm Inc. by 63.07%. His sale prices were between $47.65 and $57.4, with an estimated average price of $53.69. The impact to his portfolio due to this sale was -1.16%. Manning & Napier Advisors, Inc still held 2,600,513 shares as of 12/31/2011.

Reduced: Unilever Plc Ads (UL)

Manning & Napier Advisors, Inc reduced to his holdings in Unilever Plc Ads by 28.07%. His sale prices were between $30.56 and $34.16, with an estimated average price of $32.71. The impact to his portfolio due to this sale was -0.89%. Manning & Napier Advisors, Inc still held 13,595,277 shares as of 12/31/2011.

Reduced: Mastercard Cl A (MA)

Manning & Napier Advisors, Inc reduced to his holdings in Mastercard Cl A by 40.85%. His sale prices were between $307.66 and $380.96, with an estimated average price of $352.67. The impact to his portfolio due to this sale was -0.87%. Manning & Napier Advisors, Inc still held 744,232 shares as of 12/31/2011.

Reduced: United Parcel Service, Inc. (UPS)

Manning & Napier Advisors, Inc reduced to his holdings in United Parcel Service, Inc. by 37.94%. His sale prices were between $62.22 and $73.53, with an estimated average price of $69.83. The impact to his portfolio due to this sale was -0.82%. Manning & Napier Advisors, Inc still held 3,966,529 shares as of 12/31/2011.

Reduced: Visa (V)

Manning & Napier Advisors, Inc reduced to his holdings in Visa by 38.76%. His sale prices were between $84.26 and $103.15, with an estimated average price of $93.81. The impact to his portfolio due to this sale was -0.79%. Manning & Napier Advisors, Inc still held 2,720,688 shares as of 12/31/2011.

Reduced: Norfolk Southern Corp. (NSC)

Manning & Napier Advisors, Inc reduced to his holdings in Norfolk Southern Corp. by 47.31%. His sale prices were between $60.01 and $75.75, with an estimated average price of $71.11. The impact to his portfolio due to this sale was -0.69%. Manning & Napier Advisors, Inc still held 2,355,300 shares as of 12/31/2011.

Reduced: Charles Schwab Corp. (SCHW)

Manning & Napier Advisors, Inc reduced to his holdings in Charles Schwab Corp. by 27.07%. His sale prices were between $10.75 and $12.9, with an estimated average price of $11.82. The impact to his portfolio due to this sale was -0.66%. Manning & Napier Advisors, Inc still held 29,567,795 shares as of 12/31/2011.

Reduced: Carnival Corp. (CCL)

Manning & Napier Advisors, Inc reduced to his holdings in Carnival Corp. by 23.48%. His sale prices were between $29.61 and $36.79, with an estimated average price of $33.17. The impact to his portfolio due to this sale was -0.48%. Manning & Napier Advisors, Inc still held 9,577,613 shares as of 12/31/2011.

Reduced: Grupo Televisa S.a. De C.v. Ads (TV)

Manning & Napier Advisors, Inc reduced to his holdings in Grupo Televisa S.a. De C.v. Ads by 32.36%. His sale prices were between $18.28 and $22.33, with an estimated average price of $20.39. The impact to his portfolio due to this sale was -0.46%. Manning & Napier Advisors, Inc still held 9,698,400 shares as of 12/31/2011.

Reduced: Fedex Corp. (FDX)

Manning & Napier Advisors, Inc reduced to his holdings in Fedex Corp. by 37.28%. His sale prices were between $65.15 and $84.92, with an estimated average price of $79.57. The impact to his portfolio due to this sale was -0.45%. Manning & Napier Advisors, Inc still held 2,078,001 shares as of 12/31/2011.

Reduced: Discover Financial Services (DFS)

Manning & Napier Advisors, Inc reduced to his holdings in Discover Financial Services by 25.87%. His sale prices were between $22.09 and $25.43, with an estimated average price of $23.79. The impact to his portfolio due to this sale was -0.39%. Manning & Napier Advisors, Inc still held 9,092,853 shares as of 12/31/2011.

Reduced: Kellogg Co. (K)

Manning & Napier Advisors, Inc reduced to his holdings in Kellogg Co. by 83.39%. His sale prices were between $48.25 and $55.07, with an estimated average price of $51.28. The impact to his portfolio due to this sale was -0.35%. Manning & Napier Advisors, Inc still held 247,735 shares as of 12/31/2011.

Reduced: Successfactors (SFSF)

Manning & Napier Advisors, Inc reduced to his holdings in Successfactors by 97.33%. His sale prices were between $21.23 and $39.88, with an estimated average price of $29.54. The impact to his portfolio due to this sale was -0.26%. Manning & Napier Advisors, Inc still held 57,800 shares as of 12/31/2011.

Reduced: Pall Corp. (PLL)

Manning & Napier Advisors, Inc reduced to his holdings in Pall Corp. by 36.81%. His sale prices were between $41 and $57.56, with an estimated average price of $51.79. The impact to his portfolio due to this sale was -0.24%. Manning & Napier Advisors, Inc still held 1,788,452 shares as of 12/31/2011.

Reduced: Electronic Arts Inc. (EA)

Manning & Napier Advisors, Inc reduced to his holdings in Electronic Arts Inc. by 27.15%. His sale prices were between $19.76 and $25.2, with an estimated average price of $22.61. The impact to his portfolio due to this sale was -0.2%. Manning & Napier Advisors, Inc still held 4,875,578 shares as of 12/31/2011.

Reduced: Owensillinois Inc. (OI)

Manning & Napier Advisors, Inc reduced to his holdings in Owensillinois Inc. by 35.83%. His sale prices were between $14.04 and $21.24, with an estimated average price of $18.75. The impact to his portfolio due to this sale was -0.2%. Manning & Napier Advisors, Inc still held 4,459,054 shares as of 12/31/2011.

About the author:

gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 3.1/5 (13 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide