Citigroup Likes These Basic Materials Stocks the Most in Q3

Wall St. Watchdog reveals information regarding Citigroup’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 610 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $2.785 billion.

  • Vale S.a. (NYSE:VALE): On 06/30/2011, Citigroup reported holding 7,096,045 shares with a market value of $226,718,643. This comprised 0.51% of the total portfolio. On 09/30/2011, Citigroup reported holding 10,063,909 shares with a market value of $229,457,118. This comprised 0.61% of the total portfolio. The net change in shares for this position over the two quarters is 2,967,864. About Company: Vale SA produces and sells iron ore, pellets, manganese, alloys, gold, nickel, copper, kaolin, bauxite, alumina, aluminum, and potash. The Company is based in Brazil, where it owns and operates railroads and maritime terminals.
  • Chevron Corp. (NYSE:CVX): On 06/30/2011, Citigroup reported holding 2,331,909 shares with a market value of $239,813,513. This comprised 0.54% of the total portfolio. On 09/30/2011, Citigroup reported holding 1,702,098 shares with a market value of $157,597,248. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is -629,811. About Company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.
  • Freeport-mcmoran Copper & Gold Inc. (NYSE:FCX): On 06/30/2011, Citigroup reported holding 3,351,191 shares with a market value of $177,278,009. This comprised 0.4% of the total portfolio. On 09/30/2011, Citigroup reported holding 4,426,552 shares with a market value of $134,788,512. This comprised 0.36% of the total portfolio. The net change in shares for this position over the two quarters is 1,075,361. About Company: Freeport-McMoRan Copper & Gold Inc., through its subsidiary, is a copper, gold and molybdenum mining company. The Company primarily mines for copper and owns mining interests in Chile and Indonesia. Freeport-McMoRan Copper & Gold also, through a subsidiary, is involved in smelting and refining of copper concentrates.
  • Schlumberger Limited (NYSE:SLB): On 06/30/2011, Citigroup reported holding 1,839,895 shares with a market value of $158,966,931. This comprised 0.36% of the total portfolio. On 09/30/2011, Citigroup reported holding 1,815,840 shares with a market value of $108,460,122. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is -24,055. About Company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.
  • Agnico-eagle Mines Ltd. (NYSE:AEM): On 06/30/2011, Citigroup reported holding 1,050,550 shares with a market value of $66,321,223. This comprised 0.15% of the total portfolio. On 09/30/2011, Citigroup reported holding 1,352,953 shares with a market value of $80,527,763. This comprised 0.21% of the total portfolio. The net change in shares for this position over the two quarters is 302,403. About Company: Agnico-Eagle Mines Limited is a gold producer with operations primarily in Quebec, Canada. The Company also conducts exploration and development activities in Ontario, Canada, and Nevada in the United States. Agnico-Eagle’s gold production is primarily from underground mining operations.
  • Newmont Mining Corp. (NYSE:NEM): On 06/30/2011, Citigroup reported holding 1,532,582 shares with a market value of $82,713,452. This comprised 0.19% of the total portfolio. On 09/30/2011, Citigroup reported holding 1,263,485 shares with a market value of $79,536,382. This comprised 0.21% of the total portfolio. The net change in shares for this position over the two quarters is -269,097. About Company: Newmont Mining Corporation acquires, explores, and develops mineral properties. The Company produces gold from operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. Newmont also mines and processes copper in Indonesia.
  • Conocophillips (NYSE:COP): On 06/30/2011, Citigroup reported holding 1,360,240 shares with a market value of $102,276,449. This comprised 0.23% of the total portfolio. On 09/30/2011, Citigroup reported holding 1,163,870 shares with a market value of $73,696,248. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is -196,370. About Company: ConocoPhillips is an international, integrated energy company which operates in several business segments. The Company explores for and produces petroleum, and refines, markets, supplies, and transports petroleum. ConocoPhillips also gathers and processes natural gas, and produces and distributes chemicals and plastics.
  • Petroleo Brasileiro (NYSE:PBR): On 06/30/2011, Citigroup reported holding 4,412,110 shares with a market value of $149,394,047. This comprised 0.34% of the total portfolio. On 09/30/2011, Citigroup reported holding 2,989,972 shares with a market value of $67,124,874. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is -1,422,138. About Company: Petroleo Brasileiro S.A. – Petrobras explores for and produces oil and natural gas. The Company refines, markets, and supplies oil products. Petrobras operates oil tankers, distribution pipelines, marine, river and lake terminals, thermal power plants, fertilizer plants, and petrochemical units. The Company operates in South America and elsewhere around the world.
  • Barrick Gold Corporation (NYSE:ABX): On 06/30/2011, Citigroup reported holding 1,293,065 shares with a market value of $58,562,915. This comprised 0.13% of the total portfolio. On 09/30/2011, Citigroup reported holding 1,401,827 shares with a market value of $65,395,232. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 108,762. About Company: Barrick Gold Corporation is an international gold company with operating mines and development projects in the United States, Canada, South America, Australia, and Africa.
  • Noble Energy Inc. (NYSE:NBL): On 06/30/2011, Citigroup reported holding 683,549 shares with a market value of $61,266,495. This comprised 0.14% of the total portfolio. On 09/30/2011, Citigroup reported holding 846,606 shares with a market value of $59,939,707. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is 163,057. About Company: Noble Energy, Inc. is an independent energy exploration and production company. The Company explores for and produces crude oil, natural gas, and natural gas liquids. Noble Energy operates primarily in the Rocky Mountains, Mid-continent, and deepwater Gulf of Mexico areas in the US, with key international operations offshore Israel, the North Sea and West Africa.

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

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