Best Buy and Time Warner Among Putnam Investment’s Favorite Services Stock Holdings in Q3

Wall St. Watchdog reveals information regarding Putnam Investment Management’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 335 stocks in the Services sector at the end of the quarter with an aggregate market value of $3.638 billion.

  • Best Buy Co. Inc. (NYSE:BBY): On 06/30/2011, Putnam Investment Management reported holding 324,812 shares with a market value of $10,202,345. This comprised 0.05% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 10,598,967 shares with a market value of $246,955,923. This comprised 0.88% of the total portfolio. The net change in shares for this position over the two quarters is 10,274,155. About Company: Best Buy Co., Inc. retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores, as well as its web site. The Company also retails pre-recorded home entertainment products through retail stores.
  • Time Warner Inc. (NYSE:TWX): On 06/30/2011, Putnam Investment Management reported holding 468,001 shares with a market value of $17,021,196. This comprised 0.08% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 5,503,643 shares with a market value of $164,944,177. This comprised 0.59% of the total portfolio. The net change in shares for this position over the two quarters is 5,035,642. About Company: Time Warner Inc. is a media and entertainment company. The Company’s businesses include cable television networks that provide programming, feature films, television and home video production and distribution, and magazine publishing.
  • Comcast Corporation (NASDAQ:CMCSA): On 06/30/2011, Putnam Investment Management reported holding 7,151,597 shares with a market value of $181,221,469. This comprised 0.88% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 7,838,578 shares with a market value of $163,983,052. This comprised 0.58% of the total portfolio. The net change in shares for this position over the two quarters is 686,981. About Company: Comcast Corporation is a provider of video, high-speed Internet and phone services. The Company offers a variety of entertainment, information and communications services to residential and commercial customers. Comcast is headquartered in Philadelphia, Pennsylvania.
  • Interpublic Group Of Companies Inc. (NYSE:IPG): On 06/30/2011, Putnam Investment Management reported holding 1,117,255 shares with a market value of $13,965,688. This comprised 0.07% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 21,242,090 shares with a market value of $152,943,044. This comprised 0.54% of the total portfolio. The net change in shares for this position over the two quarters is 20,124,835. About Company: The Interpublic Group of Companies, Inc. is an organization of advertising agencies and marketing service companies. The Company operates globally in the sectors of advertising, independent media buying, direct marketing, healthcare communications, interactive consulting services, marketing research, promotions, experiential marketing, public relations, and sports marketing.
  • Dish Network Corporation Class A Common (NASDAQ:DISH): On 06/30/2011, Putnam Investment Management reported holding 4,934,424 shares with a market value of $151,338,784. This comprised 0.74% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 4,935,506 shares with a market value of $123,634,422. This comprised 0.44% of the total portfolio. The net change in shares for this position over the two quarters is 1,082. About Company: DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States.
  • Cvs Caremark Corporation (NYSE:CVS): On 06/30/2011, Putnam Investment Management reported holding 281,410 shares with a market value of $10,575,388. This comprised 0.05% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 3,419,145 shares with a market value of $114,849,081. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is 3,137,735. About Company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico.
  • United Continental Holdings (NYSE:UAL): On 06/30/2011, Putnam Investment Management reported holding 371,999 shares with a market value of $8,418,337. This comprised 0.04% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 4,968,199 shares with a market value of $96,283,692. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 4,596,200. About Company: United Continental Holdings Inc. is an airline holding company. The Company owns and operates airlines that transports persons, property and mail throughout the United Statesand abroad.
  • Priceline.com Incorporated (NASDAQ:PCLN): On 06/30/2011, Putnam Investment Management reported holding 109,864 shares with a market value of $56,242,677. This comprised 0.27% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 211,474 shares with a market value of $95,049,102. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 101,610. About Company: Priceline.com Incorporated enables consumers to use the Internet to save money on a variety of products and services. The Company’s product allows customers to name their own price on products or services and communicates that demand directly to participating sellers or to their private databases. Participants include domestic and international airlines, and hotel chains.
  • Amazon.com Inc. (NASDAQ:AMZN): On 06/30/2011, Putnam Investment Management reported holding 129,402 shares with a market value of $26,461,416. This comprised 0.13% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 421,029 shares with a market value of $91,039,099. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is 291,627. About Company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.
  • Accenture Plc (NYSE:ACN): On 06/30/2011, Putnam Investment Management reported holding 1,622,147 shares with a market value of $98,010,119. This comprised 0.48% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 1,608,252 shares with a market value of $84,722,716. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is -13,895. About Company: Accenture PLC provides management and technology consulting services and solutions. The Company delivers a range of specialized capabilities and solutions to clients across all industries on a worldwide basis. Accenture’s network of businesses provides consulting, technology, outsourcing, and alliances.

(Note: Data regarding Putnam Investment Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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