Glenview Capital Likes These Technology Companies Most in Q3 Portfolio

Wall St. Watchdog reveals information regarding Glenview Capital Management’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 11 stocks in the Technology sector at the end of the quarter with an aggregate market value of $1.054 billion.

  • Crown Castle International Corp. (NYSE:CCI): On 06/30/2011, Glenview Capital Management reported holding 5,949,400 shares with a market value of $242,676,031. This comprised 3.29% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 6,458,296 shares with a market value of $262,658,886. This comprised 4.82% of the total portfolio. The net change in shares for this position over the two quarters is 508,896. About Company: Crown Castle International Corp. engineers, deploys, owns, and operates shared wireless infrastructure. The Company offers wireless communications coverage to various United States markets and most of the Australian populations. Crown Castle owns, operates, and manages various wireless communication towers internationally.
  • Flextronics International Ltd. (NASDAQ:FLEX): On 06/30/2011, Glenview Capital Management reported holding 37,806,234 shares with a market value of $242,716,025. This comprised 3.29% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 41,305,334 shares with a market value of $232,549,035. This comprised 4.27% of the total portfolio. The net change in shares for this position over the two quarters is 3,499,100. About Company: Flextronics International Ltd. provides electronics manufacturing services. The Company’s customers include original equipment manufacturers in the telecommunications, networking, computer, consumer electronics, and medical device industries.
  • Bmc Software Inc. (NASDAQ:BMC): On 06/30/2011, Glenview Capital Management reported holding 3,168,127 shares with a market value of $173,296,549. This comprised 2.35% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 5,630,062 shares with a market value of $217,095,198. This comprised 3.98% of the total portfolio. The net change in shares for this position over the two quarters is 2,461,935. About Company: BMC Software, Inc. provides management solutions for mainframe and distributed information technology systems. The Company’s portfolio of software solutions spans enterprise systems, applications, databases and IT process management. BMC also provides maintenance and support for its products and performs software implementation, integration and education services for its customers.
  • American Tower Corp. (NYSE:AMT): On 06/30/2011, Glenview Capital Management reported holding 1,894,750 shares with a market value of $99,152,271. This comprised 1.34% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 2,469,950 shares with a market value of $132,883,308. This comprised 2.44% of the total portfolio. The net change in shares for this position over the two quarters is 575,200. About Company: American Tower Corporation owns, operates, and develops wireless communications and broadcast towers in the United States. The Company leases antennae sites on multi-tenant towers for a diverse range of wireless communications industries, including personal communications services, paging, and cellular. American Tower also offers a variety of network development services.
  • Corning Inc. (NYSE:GLW): On 06/30/2011, Glenview Capital Management reported holding 5,080,500 shares with a market value of $92,211,073. This comprised 1.25% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 5,080,500 shares with a market value of $62,794,978. This comprised 1.15% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Corning Incorporated is a global, technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass and projection video lens assemblies for the information display industry.
  • Clearwire Corporation (NASDAQ:CLWR): On 06/30/2011, Glenview Capital Management reported holding 11,741,480 shares with a market value of $44,382,794. This comprised 0.6% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 15,228,264 shares with a market value of $35,481,854. This comprised 0.65% of the total portfolio. The net change in shares for this position over the two quarters is 3,486,784. About Company: Clearwire Corporation provides wireless broadband services. The Company operates a wireless network in the United States as well as other countries.
  • Agilent Technologies Inc. (NYSE:A): On 06/30/2011, Glenview Capital Management reported holding 0 shares. On 09/30/2011, Glenview Capital Management reported holding 900,000 shares with a market value of $28,125,000. This comprised 0.52% of the total portfolio. The net change in shares for this position over the two quarters is 900,000. About Company: Agilent Technologies, Inc. provides core bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The Company’s operations include electronic measurement, bio-analytical measurement, semiconductor and board testing.
  • Take-two Interactive Software Inc. (NASDAQ:TTWO): On 06/30/2011, Glenview Capital Management reported holding 1,821,334 shares with a market value of $27,829,983. This comprised 0.38% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 2,160,648 shares with a market value of $27,483,443. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is 339,314. About Company: Take-Two Interactive Software, Inc. develops, markets, distributes, and publishes interactive entertainment software games and accessories. The Company’s products are for the personal computer, PlayStation game console, PlayStation 2 computer entertainment system, Xbox, Nintendo GameCube, and Nintendo Game Boy Advance. Take-Two operates offices worldwide.
  • Sprint Nextel Corp. (NYSE:S): On 06/30/2011, Glenview Capital Management reported holding 7,876,261 shares with a market value of $42,453,046. This comprised 0.58% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 8,876,261 shares with a market value of $26,983,833. This comprised 0.49% of the total portfolio. The net change in shares for this position over the two quarters is 1,000,000. About Company: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  • Seagate Technology Plc (NASDAQ:STX): On 06/30/2011, Glenview Capital Management reported holding 2,107,300 shares with a market value of $34,053,968. This comprised 0.46% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 2,607,300 shares with a market value of $26,803,043. This comprised 0.49% of the total portfolio. The net change in shares for this position over the two quarters is 500,000. About Company: Seagate Technology PLC designs, manufactures, and markets rigid disc drives for enterprise, personal computer, and consumer electronics applications.

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

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