Glenview Capital’s Largest Financial Stock Holdings in Q3: AON, AIG, C, GS, STT, MS

Wall St. Watchdog reveals information regarding Glenview Capital Management’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 6 stocks in the Financial sector at the end of the quarter with an aggregate market value of $480.114 million.

  • Aon Corporation (NYSE:AON): On 06/30/2011, Glenview Capital Management reported holding 4,338,536 shares with a market value of $222,566,893. This comprised 3.02% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 4,188,536 shares with a market value of $175,834,739. This comprised 3.23% of the total portfolio. The net change in shares for this position over the two quarters is -150,000. About Company: Aon Corporation is an insurance services holding company. The Company is comprised of risk and insurance brokerage consulting. Aon’s services include helping manage risk for clients, negotiating and placing insurance risk with other carriers, and advicing clients related to health and benefits, retirement, compensation, strategic human capital, and human resource outsourcing.
  • American International Group Inc. (NYSE:AIG): On 06/30/2011, Glenview Capital Management reported holding 9,754,453 shares with a market value of $286,000,559. This comprised 3.88% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 7,967,653 shares with a market value of $174,889,989. This comprised 3.21% of the total portfolio. The net change in shares for this position over the two quarters is -1,786,800. About Company: American International Group, Inc. is a holding company which, through its subsidiaries provides a varied range of insurance and insurance-related activities in the United States and abroad. The Company’s main activities include both general insurance and life insurance & retirement services operations as well as financial services and asset management.
  • Citigroup Inc. (NYSE:C): On 06/30/2011, Glenview Capital Management reported holding 4,232,610 shares with a market value of $176,245,878. This comprised 2.39% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 3,252,710 shares with a market value of $83,334,433. This comprised 1.53% of the total portfolio. The net change in shares for this position over the two quarters is -979,900. 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.
  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, Glenview Capital Management reported holding 0 shares. On 09/30/2011, Glenview Capital Management reported holding 200,000 shares with a market value of $18,910,001. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is 200,000. About Company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.
  • State Street Corp. (NYSE:STT): On 06/30/2011, Glenview Capital Management reported holding 1,999,700 shares with a market value of $90,166,473. This comprised 1.22% of the total portfolio. On 09/30/2011, Glenview Capital Management reported holding 550,000 shares with a market value of $17,688,000. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is -1,449,700. About Company: State Street Corporation services institutional investors and manages financial assets worldwide. The Company’s products and services include custody, accounting, administration, daily pricing, international exchange services, cash management, financial asset management, securities lending, and investment advisory services.
  • Morgan Stanley (NYSE:MS): On 06/30/2011, Glenview Capital Management reported holding 0 shares. On 09/30/2011, Glenview Capital Management reported holding 700,000 shares with a market value of $9,457,000. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 700,000. 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.

(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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