Apple, Microsoft and AT&T Top AIG’s Favorite Tech Stocks in Third Quarter

Wall St. Watchdog reveals information regarding American International Group’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 596 stocks in the Technology sector at the end of the quarter with an aggregate market value of $1.888 billion.

  • Apple Inc. (NASDAQ:AAPL): On 06/30/2011, American International Group reported holding 564,443 shares with a market value of $189,466,589. This comprised 1.6% of the total portfolio. On 09/30/2011, American International Group reported holding 556,461 shares with a market value of $212,189,713. This comprised 2.17% of the total portfolio. The net change in shares for this position over the two quarters is -7,982. About Company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • Microsoft Corporation (NASDAQ:MSFT): On 06/30/2011, American International Group reported holding 5,358,422 shares with a market value of $139,318,972. This comprised 1.17% of the total portfolio. On 09/30/2011, American International Group reported holding 5,689,920 shares with a market value of $141,622,105. This comprised 1.45% of the total portfolio. The net change in shares for this position over the two quarters is 331,498. About Company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  • At&t Inc. (NYSE:T): On 06/30/2011, American International Group reported holding 3,274,785 shares with a market value of $102,860,996. This comprised 0.87% of the total portfolio. On 09/30/2011, American International Group reported holding 3,490,252 shares with a market value of $99,541,989. This comprised 1.02% of the total portfolio. The net change in shares for this position over the two quarters is 215,467. About Company: AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing.
  • Intel Corporation (NASDAQ:INTC): On 06/30/2011, American International Group reported holding 4,627,992 shares with a market value of $102,556,302. This comprised 0.86% of the total portfolio. On 09/30/2011, American International Group reported holding 4,595,440 shares with a market value of $98,066,690. This comprised 1% of the total portfolio. The net change in shares for this position over the two quarters is -32,552. About Company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, American International Group reported holding 171,561 shares with a market value of $86,875,060. This comprised 0.73% of the total portfolio. On 09/30/2011, American International Group reported holding 169,130 shares with a market value of $87,108,711. This comprised 0.89% of the total portfolio. The net change in shares for this position over the two quarters is -2,431. About Company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
  • Verizon Communications Inc. (NYSE:VZ): On 06/30/2011, American International Group reported holding 2,032,091 shares with a market value of $75,654,747. This comprised 0.64% of the total portfolio. On 09/30/2011, American International Group reported holding 2,260,080 shares with a market value of $83,170,942. This comprised 0.85% of the total portfolio. The net change in shares for this position over the two quarters is 227,989. About Company: Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment and payphones.
  • International Business Machines (NYSE:IBM): On 06/30/2011, American International Group reported holding 502,490 shares with a market value of $86,202,161. This comprised 0.73% of the total portfolio. On 09/30/2011, American International Group reported holding 459,100 shares with a market value of $80,282,815. This comprised 0.82% of the total portfolio. The net change in shares for this position over the two quarters is -43,390. About Company: International Business Machines Corporation provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
  • Oracle Corp. (NASDAQ:ORCL): On 06/30/2011, American International Group reported holding 2,362,354 shares with a market value of $77,745,070. This comprised 0.65% of the total portfolio. On 09/30/2011, American International Group reported holding 2,358,630 shares with a market value of $67,787,026. This comprised 0.69% of the total portfolio. The net change in shares for this position over the two quarters is -3,724. About Company: Oracle Corporation supplies software for enterprise information management. The Company offers databases and relational servers, application development and decision support tools, and enterprise business applications. Oracle’s software runs on network computers, personal digital assistants, set-top devices, PCs, workstations, minicomputers, mainframes, and massively parallel computers.
  • Qualcomm Incorporated (NASDAQ:QCOM): On 06/30/2011, American International Group reported holding 1,228,083 shares with a market value of $69,742,835. This comprised 0.59% of the total portfolio. On 09/30/2011, American International Group reported holding 1,237,355 shares with a market value of $60,172,575. This comprised 0.62% of the total portfolio. The net change in shares for this position over the two quarters is 9,272. About Company: QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content.
  • Centurylink Inc. (NYSE:CTL): On 06/30/2011, American International Group reported holding 1,069,183 shares with a market value of $43,227,069. This comprised 0.36% of the total portfolio. On 09/30/2011, American International Group reported holding 1,154,042 shares with a market value of $38,221,870. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is 84,859. About Company: CenturyLink Inc. is an integrated communications company. The Company provides a wide range of communications services, including local and long distance voice, Internet access and broadband services. CenturyLink operates throughout the United States.

(Note: Data regarding American International Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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