A Pension Fund’s $574 Million Invested in Conglomerates Stock Positions

Wall St. Watchdog reveals information regarding California State Teachers Retirement System’s top holdings in the Conglomerates sector for the quarter ending September 30th, 2011. The firm held 12 stocks in the Conglomerates sector at the end of the quarter with an aggregate market value of $574.165 million.

  • General Electric Co. (NYSE:GE): On 06/30/2011, California State Teachers Retirement System reported holding 17,859,357 shares with a market value of $336,827,484. This comprised 1.41% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 17,976,257 shares with a market value of $273,598,636. This comprised 1.35% of the total portfolio. The net change in shares for this position over the two quarters is 116,900. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • United Technologies Corp. (NYSE:UTX): On 06/30/2011, California State Teachers Retirement System reported holding 1,587,256 shares with a market value of $140,488,032. This comprised 0.59% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 1,596,756 shares with a market value of $112,347,753. This comprised 0.55% of the total portfolio. The net change in shares for this position over the two quarters is 9,500. About Company: United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
  • 3m Co. (NYSE:MMM): On 06/30/2011, California State Teachers Retirement System reported holding 1,229,130 shares with a market value of $116,582,979. This comprised 0.49% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 1,237,280 shares with a market value of $88,824,332. This comprised 0.44% of the total portfolio. The net change in shares for this position over the two quarters is 8,150. About Company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.
  • Danaher Corp. (NYSE:DHR): On 06/30/2011, California State Teachers Retirement System reported holding 951,730 shares with a market value of $50,432,174. This comprised 0.21% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 959,630 shares with a market value of $40,246,881. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is 7,900. About Company: Danaher Corporation designs, manufactures, and markets professional instrumentation, medical technologies, industrial technologies, and tools and components.
  • Ppg Industries Inc. (NYSE:PPG): On 06/30/2011, California State Teachers Retirement System reported holding 274,949 shares with a market value of $24,962,620. This comprised 0.1% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 276,449 shares with a market value of $19,533,887. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 1,500. About Company: PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. The Company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.
  • Clorox Corporation (NYSE:CLX): On 06/30/2011, California State Teachers Retirement System reported holding 224,905 shares with a market value of $15,167,594. This comprised 0.06% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 226,455 shares with a market value of $15,020,761. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 1,550. About Company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
  • Cooper Industries Plc (NYSE:CBE): On 06/30/2011, California State Teachers Retirement System reported holding 283,615 shares with a market value of $16,923,307. This comprised 0.07% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 285,315 shares with a market value of $13,158,727. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 1,700. About Company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.
  • Textron Inc. (NYSE:TXT): On 06/30/2011, California State Teachers Retirement System reported holding 466,336 shares with a market value of $11,010,193. This comprised 0.05% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 469,736 shares with a market value of $8,286,143. This comprised 0.04% of the total portfolio. The net change in shares for this position over the two quarters is 3,400. About Company: Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.
  • Crane Co. (NYSE:CR): On 06/30/2011, California State Teachers Retirement System reported holding 81,946 shares with a market value of $4,048,952. This comprised 0.02% of the total portfolio. On 09/30/2011, California State Teachers Retirement System reported holding 82,596 shares with a market value of $2,947,851. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is 650. About Company: Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.
  • Suncoke Energy Inc. Common Stock (NYSE:SXC): On 06/30/2011, California State Teachers Retirement System reported holding 0 shares. On 09/30/2011, California State Teachers Retirement System reported holding 9,300 shares with a market value of $102,300. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 9,300.

(Note: Data regarding California State Teachers Retirement System’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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