Relational Investors 13F Shows Switches in Some Sectors, New Stake in SPDRs (SPY, MET, ALL, CRL, More...)

August 17, 2010 5:32 PM EDT
Relational Investors released their 13F for the quarter ended June 30, 2010.

The value of the disclosed portfolio is down from $6.21 billion at March 31, 2010 to $5.38 billion at June 30, 2010, but it should be noted that cash, short positions and various other securities are not required to be disclosed in the 13F filing.

During the quarter, Relational Investors preferred Allstate to MetLife, and upped Charles River while lowering Genzyme holdings. MetLife, notably, was also the only stock that Relational Investors moved completely out of.

Below a full summary of their notable moves:

Notable New Stakes:
    Symantec Corp. (Nasdaq: SYMC) to 5,713,653 common shares.
  • QUALCOMM Inc. (Nasdaq: QCOM) to 5,555,700 common shares.
  • The Allstate Corporation (NYSE: ALL) to 6,050,200 common shares.
Raised Stakes:
  • National Semiconductor Corp. (NYSE: NSM) from 23,343,433 to 23,543,433 common shares.
  • Harman International Industries Inc. (NYSE: HAR) from 748,479 to 1,223,479 common shares.
  • Charles River Lab. Intl. Inc. (NYSE: CRL) from 814,150 to 2,622,990 common shares.
  • SPDR S&P 500 ETF Trust (NYSE: SPY) from 2,565,514 to 3,047,358 common shares.
  • iShares Russell Midcap Value Index (NYSE: IWS) from 380,531 to 1,128,500 common shares.
  • CVS Caremark Corp. (NYSE: CVS) from 6,648,200 to 12,555,196 common shares.
  • Deere & Company (NYSE: DE) from 2,740,483 to 5,335,041 common shares.
  • Progress Software Corp. (Nasdaq: PRGS) from 732,200 to 1,044,700 common shares.
  • McDermott Int'l, Inc. (NYSE: MDR) from 2,188,200 to 2,548,200 common shares.
Notable Maintained Stakes:
  • SUPERVALU Inc. (NYSE: SVU) at 1,887,512 common shares.
  • International Rectifier Corp. (NYSE: IRF) at 2,224,200 common shares.
  • Ameriprise Financial, Inc. (Nasdaq: AMP) at 2,117,600 common shares.
Notable Lowered Stakes:
  • Baxter International Inc. (NYSE: BAX) from 11,955,681 to 11,954,588 common shares.
  • Unum Group (NYSE: UNM) from 16,283,681 to 15,180,468 common shares.
  • The Home Depot, Inc. (NYSE: HD) from 26,266,610 to 21,015,466 common shares.
  • Precision Castparts Corp. (NYSE: PCP) from 3,330,280 to 922,905 common shares.
  • Genzyme Corp. (Nasdaq: GENZ) from 10,214,824 to 10,606,248 common shares.
  • Time Warner Inc. (NYSE: TWX) from 3,735,204 to 1,513,397 common shares.
  • Esterline Technologies Corp. (NYSE: ESL) from 1,458,054 to 1,174,354 common shares.
  • Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) from 1,236,847 to 1,236,752 common shares.
  • Occidental Petroleum Corporation (NYSE: OXY) from 6,468,481 to 6,467,972 common shares.
  • MetLife, Inc. (NYSE: MET) from 9,689,109 to zero common shares.
  • Gildan Activewear Inc. (NYSE: GILD) from 3,480,309 to 2,605,309 common shares.
  • Cliffs Natural Resources Inc. (NYSE: CLF) from 1,058,900 to zero common shares.
  • AGCO Corporation (Nasdaq: AGCO) from 1,922,900 to 1,322,900 common shares.
  • Intuit Inc. (Nasdaq: INTU) from 12,576,383 to 12,555,196 common shares.
Real-Time Market Moving News Two-Weeks FREE

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

13Fs, Insider Trades, Insiders' Blog, Trader Talk

Related Entities

Relational Investors LLC, Standard & Poor's