Columbia Wanger Asset Management’s Top 3 Utility Stocks

Wall St. Watchdog reveals information regarding Columbia Wanger Asset Management’s top holdings in the Utilities sector for the quarter ending September 30th, 2011. The firm held 3 stocks in the Utilities sector at the end of the quarter with an aggregate market value of $162.025 million.

  • Wisconsin Energy Corp. (NYSE:WEC): On 06/30/2011, Columbia Wanger Asset Management reported holding 2,464,000 shares with a market value of $77,246,401. This comprised 0.32% of the total portfolio. On 09/30/2011, Columbia Wanger Asset Management reported holding 2,442,000 shares with a market value of $76,410,182. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is -22,000. About Company: Wisconsin Energy Corporation is a diversified energy holding company. The Company, through its subsidiaries, provides utility services such as distributing electric, gas, steam, and water.
  • Northeast Utilities (NYSE:NU): On 06/30/2011, Columbia Wanger Asset Management reported holding 2,000,000 shares with a market value of $70,339,996. This comprised 0.29% of the total portfolio. On 09/30/2011, Columbia Wanger Asset Management reported holding 2,000,000 shares with a market value of $67,300,003. This comprised 0.36% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Northeast Utilities is a public utility holding company. The Company, through its subsidiaries, provides retail electric service to customers in Connecticut, New Hampshire, and western Massachusetts. Northeast also distributes natural gas throughout Connecticut.
  • Allete Inc. (NYSE:ALE): On 06/30/2011, Columbia Wanger Asset Management reported holding 500,000 shares with a market value of $20,520,000. This comprised 0.08% of the total portfolio. On 09/30/2011, Columbia Wanger Asset Management reported holding 500,000 shares with a market value of $18,315,001. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: ALLETE, Inc. provides energy services in the upper Midwest United States. The Company generates, transmits, distributes, markets, and trades electrical power for retail and wholesale customers.

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

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