Davidson Kempner Likes These Financial Companies Most

Wall St. Watchdog reveals information regarding Davidson Kempner’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 13 stocks in the Financial sector at the end of the quarter with an aggregate market value of $95.63 million.

  • Metlife Inc. (NYSE:MET): On 06/30/2011, Davidson Kempner reported holding 900,000 shares with a market value of $39,482,999. This comprised 1.61% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 900,000 shares with a market value of $25,209,000. This comprised 2.48% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Itau Unibanco Banco Holding Sa (NYSE:ITUB): On 06/30/2011, Davidson Kempner reported holding 0 shares. On 09/30/2011, Davidson Kempner reported holding 1,200,000 shares with a market value of $18,624,001. This comprised 1.83% of the total portfolio. The net change in shares for this position over the two quarters is 1,200,000. About Company: Itau Unibanco Holding SA attracts deposits and offer retail, commercial, corporate, and private banking services. The Bank offers consumer loans, financial management, insurance, pension plans, treasury services, mortgage loans, lease financing, securities brokerage, and foreign exchange services.
  • Hampton Roads Bankshares Inc (NASDAQ:HMPR): On 06/30/2011, Davidson Kempner reported holding 3,305,343 shares with a market value of $32,722,894. This comprised 1.33% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 3,305,343 shares with a market value of $15,535,111. This comprised 1.53% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Hampton Roads Bankshares, Inc. is the holding company for Bank of Hampton Roads. The Bank is involved in a general community and commercial banking business, targeting the needs of individuals and small to medium sized businesses. Bank of Hampton Roads operates various branches which serve Chesapeake, Suffolk, Norfolk, and Virginia Beach, all located in Virginia.
  • Banco Bradesco S.a. (NYSE:BBD): On 06/30/2011, Davidson Kempner reported holding 0 shares. On 09/30/2011, Davidson Kempner reported holding 850,000 shares with a market value of $12,571,500. This comprised 1.24% of the total portfolio. The net change in shares for this position over the two quarters is 850,000. About Company: Banco Bradesco S.A. attracts deposits and offers commercial banking services. The Bank offers business loans, personal credit, mortgages, lease financing, mutual funds, securities brokerage, and Internet banking services. Bradesco operates in Brazil and Argentina, the United States, the Cayman Islands, and the United Kingdom. Bradesco offers credit cards, insurance, and pension funds.
  • Nyse Euronext Inc. (NYSE:NYX): On 06/30/2011, Davidson Kempner reported holding 1,269,725 shares with a market value of $43,513,476. This comprised 1.77% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 352,477 shares with a market value of $8,191,565. This comprised 0.81% of the total portfolio. The net change in shares for this position over the two quarters is -917,248. About Company: NYSE Euronext operates an international stock exchange. The Company operates a marketplace for equities and derivatives in Belgium, France, the Netherlands and Portugal, derivatives in the United Kingdom, and equities and other securities in the United States.
  • American Capital Ltd. (NASDAQ:ACAS): On 06/30/2011, Davidson Kempner reported holding 1,890,299 shares with a market value of $18,770,670. This comprised 0.77% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 980,299 shares with a market value of $6,685,639. This comprised 0.66% of the total portfolio. The net change in shares for this position over the two quarters is -910,000. About Company: American Capital Ltd. is an alternative asset manager. The Company, directly and through its global asset management business, invests in employee and management buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides debt and equity to fund growth, acquisitions, recapitalizations, and securitizations.
  • Spdr S&p 500 (NYSE:SPY): On 06/30/2011, Davidson Kempner reported holding 25,300 shares with a market value of $3,338,841. This comprised 0.14% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 34,000 shares with a market value of $3,847,100. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 8,700. About Company: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.
  • Radian Group Inc. (NYSE:RDN): On 06/30/2011, Davidson Kempner reported holding 450,000 shares with a market value of $1,903,500. This comprised 0.08% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 1,120,000 shares with a market value of $2,452,800. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is 670,000. About Company: Radian Group Inc. provides financial guarantee insurance. The Company’s products and services enable homebuyers to purchase homes more quickly and with smaller down payments, protect lenders against loan default, and lower the costs of mortgage origination and servicing. Radian also provides insurance and reinsurance to investors in corporate, municipal, and asset-backed securities.
  • Ipath S&p 500 Vix Short-term Futures Etn (NYSE:VXX): On 06/30/2011, Davidson Kempner reported holding 44,816 shares with a market value of $947,410. This comprised 0.04% of the total portfolio. On 09/30/2011, Davidson Kempner reported holding 40,716 shares with a market value of $2,173,013. This comprised 0.21% of the total portfolio. The net change in shares for this position over the two quarters is -4,100. About Company: iPath S&P 500 VIX Short-Term Futures ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the S&P 500 Short-Term VIX Futures TR Index.
  • Suncoke Energy Inc. Common Stock (NYSE:SXC): On 06/30/2011, Davidson Kempner reported holding 0 shares. On 09/30/2011, Davidson Kempner reported holding 20,000 shares with a market value of $220,000. This comprised 0.02% of the total portfolio. The net change in shares for this position over the two quarters is 20,000.

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

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