Hedge Fund GMO Reduces 3M and UTX Shares, Increase General Electric Interest

Wall St. Watchdog reveals information regarding GMO Co’s top holdings in the Conglomerates sector for the quarter ending September 30th, 2011. The firm held 6 stocks in the Conglomerates sector at the end of the quarter with an aggregate market value of $272.54 million.

  • 3m Co. (NYSE:MMM): On 06/30/2011, GMO Co reported holding 3,280,486 shares with a market value of $311,154,092. This comprised 1.07% of the total portfolio. On 09/30/2011, GMO Co reported holding 2,446,726 shares with a market value of $175,650,462. This comprised 0.61% of the total portfolio. The net change in shares for this position over the two quarters is -833,760. About Company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.
  • United Technologies Corp. (NYSE:UTX): On 06/30/2011, GMO Co reported holding 1,881,666 shares with a market value of $166,546,262. This comprised 0.57% of the total portfolio. On 09/30/2011, GMO Co reported holding 825,587 shares with a market value of $58,088,302. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is -1,056,079. About Company: United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
  • Danaher Corp. (NYSE:DHR): On 06/30/2011, GMO Co reported holding 347,900 shares with a market value of $18,435,222. This comprised 0.06% of the total portfolio. On 09/30/2011, GMO Co reported holding 409,100 shares with a market value of $17,157,653. This comprised 0.06% of the total portfolio. The net change in shares for this position over the two quarters is 61,200. About Company: Danaher Corporation designs, manufactures, and markets professional instrumentation, medical technologies, industrial technologies, and tools and components.
  • Clorox Corporation (NYSE:CLX): On 06/30/2011, GMO Co reported holding 675,287 shares with a market value of $45,541,357. This comprised 0.16% of the total portfolio. On 09/30/2011, GMO Co reported holding 135,584 shares with a market value of $8,993,287. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is -539,703. About Company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
  • General Electric Co. (NYSE:GE): On 06/30/2011, GMO Co reported holding 421,200 shares with a market value of $7,943,832. This comprised 0.03% of the total portfolio. On 09/30/2011, GMO Co reported holding 492,200 shares with a market value of $7,491,284. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 71,000. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • Ppg Industries Inc. (NYSE:PPG): On 06/30/2011, GMO Co reported holding 78,707 shares with a market value of $7,145,809. This comprised 0.02% of the total portfolio. On 09/30/2011, GMO Co reported holding 73,007 shares with a market value of $5,158,675. This comprised 0.02% of the total portfolio. The net change in shares for this position over the two quarters is -5,700. About Company: PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. The Company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.

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

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