GMO Fund Reduces GLD and SLV Share Positions in Quarterly Release

Wall St. Watchdog reveals information regarding GMO Co’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 143 stocks in the Financial sector at the end of the quarter with an aggregate market value of $992.23 million.

  • Spdr Gold Shares (NYSEARCA:GLD): On 06/30/2011, GMO Co reported holding 308,870 shares with a market value of $45,095,020. This comprised 0.15% of the total portfolio. On 09/30/2011, GMO Co reported holding 247,505 shares with a market value of $39,120,640. This comprised 0.14% of the total portfolio. The net change in shares for this position over the two quarters is -61,365. 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. Are Physical Precious Metals Still in Demand?>>
  • Ishares Silver Trust (AMEX:SLV): On 06/30/2011, GMO Co reported holding 1,333,371 shares with a market value of $45,121,275. This comprised 0.15% of the total portfolio. On 09/30/2011, GMO Co reported holding 1,095,181 shares with a market value of $31,661,683. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -238,190. About Company: iShares Silver Trust is a trust formed to invest in silver. The assets of the trust consist primarily of silver held by the custodian on behalf of the trust. The objective of the trust is for the shares to reflect the price of silver owned by the trust, less the trust’s expenses and liabilities. Are Physical Precious Metals Still in Demand?>>
  • Ishares Msci Emerging Markets Index (NYSE:EEM): On 06/30/2011, GMO Co reported holding 662,400 shares with a market value of $31,530,239. This comprised 0.11% of the total portfolio. On 09/30/2011, GMO Co reported holding 3,631,827 shares with a market value of $127,477,122. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 2,969,427. About Company: iShares MSCI Emerging Markets Index is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the MSCI TR Emerging Markets Index. The Fund will concentrate its investments in a particular industry or geographic region to approximately the same extent the Index is so concentrated.
  • Itau Unibanco Banco Holding Sa (NYSE:ITUB): On 06/30/2011, GMO Co reported holding 6,975,633 shares with a market value of $164,276,152. This comprised 0.56% of the total portfolio. On 09/30/2011, GMO Co reported holding 7,421,533 shares with a market value of $115,182,196. This comprised 0.4% of the total portfolio. The net change in shares for this position over the two quarters is 445,900. 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.
  • Sun Life Financial Inc. (NYSE:SLF): On 06/30/2011, GMO Co reported holding 2,075,614 shares with a market value of $62,434,469. This comprised 0.21% of the total portfolio. On 09/30/2011, GMO Co reported holding 2,553,772 shares with a market value of $60,754,238. This comprised 0.21% of the total portfolio. The net change in shares for this position over the two quarters is 478,158. About Company: Sun Life Financial Inc. is an international financial services organization providing a diverse range of wealth accumulation and protection products and services. The Company provides insurance, mutual funds, annuities, pensions, investment management, trust services, and banking services. Sun Life serves individuals and corporate customers worldwide.
  • Banco Bradesco S.a. (NYSE:BBD): On 06/30/2011, GMO Co reported holding 2,383,238 shares with a market value of $48,832,546. This comprised 0.17% of the total portfolio. On 09/30/2011, GMO Co reported holding 3,763,138 shares with a market value of $55,656,811. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 1,379,900. 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.
  • Annaly Capital Management Inc. (NYSE:NLY): On 06/30/2011, GMO Co reported holding 1,076,200 shares with a market value of $19,414,649. This comprised 0.07% of the total portfolio. On 09/30/2011, GMO Co reported holding 1,765,100 shares with a market value of $29,353,612. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 688,900. About Company: Annaly Capital Management Inc. is a real estate investment trust which owns and manages assets and funds on behalf of institutional and individual investors worldwide. The Company manages a portfolio of mortgage backed securities, including mortgage pass through certificates, collaterized mortgage obligations, and other securities.
  • Manulife Financial Corporation (NYSE:MFC): On 06/30/2011, GMO Co reported holding 1,560,185 shares with a market value of $27,552,867. This comprised 0.09% of the total portfolio. On 09/30/2011, GMO Co reported holding 2,298,550 shares with a market value of $26,042,571. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 738,365. About Company: Manulife Financial Corporation provides financial protection products and investment management services to individuals, families, businesses, and groups. The Company conducts operations in Canada, the United States, and Japan, as well as reinsurance operations on a global basis. Manulife offers products such as annuities, pension products, life insurance, health insurance, and mutual funds.
  • The Travelers Companies Inc. (NYSE:TRV): On 06/30/2011, GMO Co reported holding 484,400 shares with a market value of $28,279,273. This comprised 0.1% of the total portfolio. On 09/30/2011, GMO Co reported holding 532,100 shares with a market value of $25,929,233. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 47,700. About Company: The Travelers Companies, Inc. provides commercial property casualty insurance and asset management services to businesses, government units, associations and individuals. The Company underwrites homeowners and auto insurance through independent agents.
  • Vanguard Emerging Markets Stock Etf (NYSE:VWO): On 06/30/2011, GMO Co reported holding 1,187,323 shares with a market value of $57,727,643. This comprised 0.2% of the total portfolio. On 09/30/2011, GMO Co reported holding 3,961,331 shares with a market value of $141,934,497. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is 2,774,008. About Company: Vanguard Emerging Markets ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI Daily TR Net Emerging Markets USD Index. The Fund invests its assets in the stocks that make up the Index, holding each stock in the same proportion as its weighting.

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

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