J.P. Morgan and Wells Fargo Lead Ameriprise Financial’s Top Bank Stock Holdings in Q3

Wall St. Watchdog reveals information regarding Ameriprise Financial’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 1609 stocks in the Financial sector at the end of the quarter with an aggregate market value of $17.284 billion.

  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Ameriprise Financial reported holding 40,176,479 shares with a market value of $1,644,824,995. This comprised 1.09% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 41,631,325 shares with a market value of $1,253,935,544. This comprised 1.02% of the total portfolio. The net change in shares for this position over the two quarters is 1,454,846. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Ameriprise Financial reported holding 27,994,736 shares with a market value of $785,532,277. This comprised 0.52% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 28,649,353 shares with a market value of $691,022,418. This comprised 0.56% of the total portfolio. The net change in shares for this position over the two quarters is 654,617. About Company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  • Franklin Resources Inc. (NYSE:BEN): On 06/30/2011, Ameriprise Financial reported holding 4,852,514 shares with a market value of $637,086,530. This comprised 0.42% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 4,993,209 shares with a market value of $477,550,506. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is 140,695. About Company: Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The Company manages various asset classes including domestic, international/global and emerging markets equity, domestic, international and municipal fixed income, money funds, alternative investments, and hedge funds.
  • Ace Limited (NYSE:ACE): On 06/30/2011, Ameriprise Financial reported holding 7,281,130 shares with a market value of $479,243,974. This comprised 0.32% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 6,606,026 shares with a market value of $400,325,166. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is -675,104. About Company: ACE Limited is the holding company for the ACE Group of Companies, a property and casualty insurance business. The Group provides a diversified range of products and services to clients through operations in countries around the world. ACE provides specialty insurance and reinsurance products.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Ameriprise Financial reported holding 15,795,603 shares with a market value of $692,953,087. This comprised 0.46% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 13,177,861 shares with a market value of $369,111,890. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is -2,617,742. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Xl Group Plc (NYSE:XL): On 06/30/2011, Ameriprise Financial reported holding 17,270,262 shares with a market value of $379,600,351. This comprised 0.25% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 19,339,573 shares with a market value of $363,583,958. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is 2,069,311. About Company: XL Group PLC, through its subsidiaries, provides global insurance and reinsurance coverages to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. The Company’s operations include insurance, reinsurance, life operations, and other financial lines, as well as general investing an financing.
  • Prudential Financial Inc. (NYSE:PRU): On 06/30/2011, Ameriprise Financial reported holding 4,868,780 shares with a market value of $309,605,721. This comprised 0.21% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 7,494,272 shares with a market value of $351,181,590. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is 2,625,492. About Company: Prudential Financial, Inc. provides financial services throughout the United States and several locations worldwide. The Company offers a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, real estate brokerage, and relocation services.
  • American Express Company (NYSE:AXP): On 06/30/2011, Ameriprise Financial reported holding 8,133,108 shares with a market value of $420,481,690. This comprised 0.28% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 7,595,843 shares with a market value of $341,053,362. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is -537,265. About Company: American Express Company is a global payment and travel company. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.
  • U.s. Bancorp (NYSE:USB): On 06/30/2011, Ameriprise Financial reported holding 16,897,652 shares with a market value of $431,059,106. This comprised 0.29% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 13,893,794 shares with a market value of $327,059,923. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is -3,003,858. About Company: U.S. Bancorp is a diversified financial services company that provides lending and depository services, cash management, foreign exchange and trust and investment management services. The Company also provides credit card services, mortgage banking, insurance, brokerage, and leasing. U.S Bancorp operates in the Midwest and Western United States.
  • Intercontinentalexchange Inc. (NYSE:ICE): On 06/30/2011, Ameriprise Financial reported holding 544,021 shares with a market value of $67,844,858. This comprised 0.04% of the total portfolio. On 09/30/2011, Ameriprise Financial reported holding 2,607,655 shares with a market value of $308,381,286. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is 2,063,634. About Company: IntercontinentalExchange Inc. operates global commodity and financial products marketplaces. The Company operates electronic energy markets and soft commodity exchanges as well. ICE offers access to contracts based on crude oil and refined products, natural gas, power and emissions, as well as agricultural commodities including cocoa, coffee, cotton, orange juice, and sugar.

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

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