Hot Hedge Fund Activity for Cisco Systems Shares and Other Tech Stocks

Wall St. Watchdog reveals information regarding Gardner Russo Gardner’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 20 stocks in the Technology sector at the end of the quarter with an aggregate market value of $10.736 million.

  • American Tower Corp. (NYSE:AMT): On 06/30/2011, Gardner Russo Gardner reported holding 71,330 shares with a market value of $3,732,699. This comprised 0.07% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 71,330 shares with a market value of $3,837,554. This comprised 0.08% of the total portfolio. The net change in shares for this position over the two quarters is 0. 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.
  • Microsoft Corporation (NASDAQ:MSFT): On 06/30/2011, Gardner Russo Gardner reported holding 133,197 shares with a market value of $3,463,122. This comprised 0.07% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 126,947 shares with a market value of $3,159,711. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is -6,250. About Company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  • International Business Machines (NYSE:IBM): On 06/30/2011, Gardner Russo Gardner reported holding 11,002 shares with a market value of $1,887,393. This comprised 0.04% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 11,102 shares with a market value of $1,941,407. This comprised 0.04% of the total portfolio. The net change in shares for this position over the two quarters is 100. About Company: International Business Machines Corporation provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
  • Cisco Systems Inc. (NASDAQ:CSCO): On 06/30/2011, Gardner Russo Gardner reported holding 59,000 shares with a market value of $920,990. This comprised 0.02% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 59,000 shares with a market value of $914,500. This comprised 0.02% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, Gardner Russo Gardner reported holding 470 shares with a market value of $237,999. This comprised 0% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 575 shares with a market value of $296,148. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is 105. About Company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
  • At&t Inc. (NYSE:T): On 06/30/2011, Gardner Russo Gardner reported holding 7,753 shares with a market value of $243,522. This comprised 0% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 7,453 shares with a market value of $212,560. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -300. About Company: AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing.
  • Oracle Corp. (NASDAQ:ORCL): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 2,375 shares with a market value of $68,257. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 2,375. About Company: Oracle Corporation supplies software for enterprise information management. The Company offers databases and relational servers, application development and decision support tools, and enterprise business applications. Oracle’s software runs on network computers, personal digital assistants, set-top devices, PCs, workstations, minicomputers, mainframes, and massively parallel computers.
  • Automatic Data Procs (NASDAQ:ADP): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 1,100 shares with a market value of $51,865. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 1,100. About Company: Automatic Data Processing, Inc. is a global provider of business outsourcing solutions. The Company’s services include a wide range of human resource, payroll, tax and benefits administration solutions. Automatic Data also provides solutions to auto, truck, motorcycle, marine and recreational vehicle dealers.
  • Emc Corporation (NYSE:EMC): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 2,250 shares with a market value of $47,227. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 2,250. About Company: EMC Corporation provides enterprise storage systems, software, networks, and services. The Company’s products store, retrieve, manage, protect, and share information from all major computing environments and mainframe platforms. EMC operates offices around the world.
  • Verizon Communications Inc. (NYSE:VZ): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 1,150 shares with a market value of $42,320. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 1,150. About Company: Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment and payphones.

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

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