Genworth Financial Trims These 5 Stock Positions in Q3

Wall St. Watchdog reveals information regarding significant reduction in shares for Genworth Financial’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Alcoa Inc. (NYSE:AA): On 06/30/2011, Genworth Financial reported holding 368,738 shares. On 09/30/2011, Genworth Financial reported holding 76 shares. The net reduction in shares for this position is 368,662 or 99.98%. About Company: Alcoa Inc. produces primary aluminum, fabricated aluminum, and alumina, and participates in mining, refining, smelting, fabricating, and recycling. The Company serves customers worldwide primarily in the transportation, packaging, building, and industrial markets with both fabricated and finished products.
  • Spdr Gold Shares (NYSEARCA:GLD): On 06/30/2011, Genworth Financial reported holding 1,772,779 shares. On 09/30/2011, Genworth Financial reported holding 21,706 shares. The net reduction in shares for this position is 1,751,073 or 98.78%. About Company: SPDR Gold Trust is an investment fund incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust holds gold and is expected from time to time to issue Baskets in exchange for deposits of gold and to distribute gold in connection with redemptions of Baskets.
  • Pimco 1-5 Year Us Tips Index Etf (NYSE:STPZ): On 06/30/2011, Genworth Financial reported holding 31,327 shares. On 09/30/2011, Genworth Financial reported holding 3,688 shares. The net reduction in shares for this position is 27,639 or 88.23%. About Company: PIMCO 1-5 Year U.S. TIPS Index Fund is an exchanged-traded fund incorporated in the USA. The Fund’s objective is provide total return that closely corresponds to the total return of its index.
  • Ishares Msci Germany Index (NYSE:EWG): On 06/30/2011, Genworth Financial reported holding 70,649 shares. On 09/30/2011, Genworth Financial reported holding 10,980 shares. The net reduction in shares for this position is 59,669 or 84.46%. About Company: iShares MSCI Germany Index Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective seeks to provide investment results that correspond to the performance of publicly traded securities in the German market, as measured by the MSCI Germany Index. The Fund invests in a representative sample of index stocks using a “portfolio sampling” technique.
  • Pg & E Corp. (NYSE:PCG): On 06/30/2011, Genworth Financial reported holding 79,483 shares. On 09/30/2011, Genworth Financial reported holding 19,457 shares. The net reduction in shares for this position is 60,026 or 75.52%. About Company: PG&E Corporation is a holding company that holds interests in energy based businesses. The Company’s holdings include a public utility operating in northern and central California that provides electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage.

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

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