Fidelity’s Most Liked Third Quarter Financial Stocks

Wall St. Watchdog reveals information regarding Fidelity’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 673 stocks in the Financial sector at the end of the quarter with an aggregate market value of $55.083 billion.

  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011 reported holding 210,563,376 shares with a market value of $5,908,408,218. This comprised 1.12% of the total portfolio. On 09/30/2011 reported holding 201,048,567 shares with a market value of $4,849,291,605. This comprised 1.12% of the total portfolio. The net change in shares for this position over the two quarters is -9,514,809. About Company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  • Citigroup Inc. (NYSE:C): On 06/30/2011 reported holding 106,666,535 shares with a market value of $4,441,594,452. This comprised 0.84% of the total portfolio. On 09/30/2011 reported holding 114,721,008 shares with a market value of $2,939,152,321. This comprised 0.68% of the total portfolio. The net change in shares for this position over the two quarters is 8,054,473. About Company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011 reported holding 103,276,594 shares with a market value of $4,228,143,617. This comprised 0.8% of the total portfolio. On 09/30/2011 reported holding 89,824,104 shares with a market value of $2,705,502,088. This comprised 0.62% of the total portfolio. The net change in shares for this position over the two quarters is -13,452,490. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • The Toronto-dominion Bank (NYSE:TD): On 06/30/2011 reported holding 31,923,534 shares with a market value of $2,710,308,085. This comprised 0.51% of the total portfolio. On 09/30/2011 reported holding 35,582,995 shares with a market value of $2,524,613,387. This comprised 0.58% of the total portfolio. The net change in shares for this position over the two quarters is 3,659,461. About Company: The Toronto-Dominion Bank conducts a general banking business through banking branches and offices located throughout Canada and overseas. The Bank and other subsidiaries offer a broad range of banking, advisory services, and discount brokerage to individuals, businesses, financial institutions, governments, and multinational corporations.
  • U.s. Bancorp (NYSE:USB): On 06/30/2011 reported holding 52,592,188 shares with a market value of $1,341,626,728. This comprised 0.25% of the total portfolio. On 09/30/2011 reported holding 56,641,945 shares with a market value of $1,333,351,437. This comprised 0.31% of the total portfolio. The net change in shares for this position over the two quarters is 4,049,757. About Company: U.S. Bancorp is a diversified financial services company that provides lending and depository services, cash management, foreign exchange and trust and investment management services. The Company also provides credit card services, mortgage banking, insurance, brokerage, and leasing. U.S Bancorp operates in the Midwest and Western United States.
  • Bank Of Montreal (NYSE:BMO): On 06/30/2011 reported holding 13,928,925 shares with a market value of $885,183,173. This comprised 0.17% of the total portfolio. On 09/30/2011 reported holding 18,386,629 shares with a market value of $1,026,893,202. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is 4,457,704. About Company: Bank of Montreal, doing business as BMO Financial Group, is a Canadian chartered bank which operates throughout the world. The Bank offers commercial, corporate, governmental, international, personal banking, and trust services. Bank of Montreal also offers full brokerage, underwriting, investment, and advisory services.
  • Discover Fin Svcs (NYSE:DFS): On 06/30/2011 reported holding 49,110,014 shares with a market value of $1,313,692,875. This comprised 0.25% of the total portfolio. On 09/30/2011 reported holding 44,178,404 shares with a market value of $1,013,452,611. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is -4,931,610. About Company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine(ATM)/debit network, which includes ATMs, as well as POS terminals nationwide.
  • Morgan Stanley (NYSE:MS): On 06/30/2011 reported holding 44,630,235 shares with a market value of $1,026,941,718. This comprised 0.19% of the total portfolio. On 09/30/2011 reported holding 74,443,765 shares with a market value of $1,005,735,282. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is 29,813,530. About Company: Morgan Stanley, a bank holding company, provides diversified financial services on a worldwide basis. The Company operates a global securities business which serves individual and institutional investors and investment banking clients. Morgan Stanley also operates a global asset management business.
  • Metlife Inc. (NYSE:MET): On 06/30/2011 reported holding 29,472,629 shares with a market value of $1,292,964,203. This comprised 0.24% of the total portfolio. On 09/30/2011 reported holding 30,033,739 shares with a market value of $841,245,036. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 561,110. 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.
  • Ubs Ag (NYSE:UBS): On 06/30/2011 reported holding 45,547,692 shares with a market value of $831,700,866. This comprised 0.16% of the total portfolio. On 09/30/2011 reported holding 70,334,040 shares with a market value of $803,918,099. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 24,786,348. About Company: UBS AG is a wealth management, investment banking, and asset management firm. The Company provides a variety of financial services to individuals, institutions, corporations, governments, and financial intermediaries around the world.

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

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