Legg Mason Investment Counsel’s Top 10 Quarterly Stocks: XOM, PG, AAPL

Wall St. Watchdog reveals information regarding Legg Mason Investment Counsel’s top holdings for the quarter ending September 30th, 2011. The firm held 1002 stocks at the end of the quarter with an aggregate market value of $3.485 billion.

  • Exxon Mobil Corp. (NYSE:XOM): On 06/30/2011, Legg Mason Investment Counsel reported holding 2,759,022 shares with a market value of $224,529,203. This comprised 5.5% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 2,723,015 shares with a market value of $197,772,572. This comprised 5.67% of the total portfolio. The net change in shares for this position over the two quarters is -36,007. About Company: Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.
  • Procter & Gamble Co. (NYSE:PG): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,875,448 shares with a market value of $119,222,229. This comprised 2.92% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,814,721 shares with a market value of $114,654,073. This comprised 3.29% of the total portfolio. The net change in shares for this position over the two quarters is -60,727. About Company: The Procter & Gamble Company manufactures and markets consumer products in countries throughout the world. The Company provides products in the laundry and cleaning, paper, beauty care, food and beverage, and health care segments. Proctor & Gamble’s products are sold primarily through mass merchandisers, grocery stores, membership club stores, drug stores, and neighborhood stores.
  • Apple Inc. (NASDAQ:AAPL): On 06/30/2011, Legg Mason Investment Counsel reported holding 229,704 shares with a market value of $77,104,745. This comprised 1.89% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 227,707 shares with a market value of $86,829,235. This comprised 2.49% of the total portfolio. The net change in shares for this position over the two quarters is -1,997. About Company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • V.f. Corporation (NYSE:VFC): On 06/30/2011, Legg Mason Investment Counsel reported holding 591,491 shares with a market value of $64,212,262. This comprised 1.57% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 563,333 shares with a market value of $68,456,224. This comprised 1.96% of the total portfolio. The net change in shares for this position over the two quarters is -28,158. About Company: VF Corporation is an international apparel company. The Company owns a broad portfolio of brands in the jeanswear, outerwear, packs, footwear, sportswear and occupational apparel categories. VF Corp’s products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains and mass merchants.
  • Express Scripts Inc. (NASDAQ:ESRX): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,643,303 shares with a market value of $88,705,495. This comprised 2.17% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,655,578 shares with a market value of $61,372,276. This comprised 1.76% of the total portfolio. The net change in shares for this position over the two quarters is 12,275. About Company: Express Scripts, Inc is a full service pharmacy benefit management and specialty managed care company serving clients throughout North America. The Company’s customers include managed care organizations, insurance carriers, third party administrators, employers, and union-sponsored benefit plans. Express provides pharmacy network management, formulary management, and other services.
  • Chevron Corp. (NYSE:CVX): On 06/30/2011, Legg Mason Investment Counsel reported holding 666,698 shares with a market value of $68,563,220. This comprised 1.68% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 658,082 shares with a market value of $60,931,810. This comprised 1.75% of the total portfolio. The net change in shares for this position over the two quarters is -8,616. About Company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.
  • General Mills Inc. (NYSE:GIS): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,384,078 shares with a market value of $51,515,385. This comprised 1.26% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,484,892 shares with a market value of $57,153,496. This comprised 1.64% of the total portfolio. The net change in shares for this position over the two quarters is 100,814. About Company: General Mills, Inc. manufactures and markets branded and packaged consumer foods worldwide. The Company also supplies branded and unbranded food products to the foodservice and commercial baking industries.
  • Pepsico Inc. (NYSE:PEP): On 06/30/2011, Legg Mason Investment Counsel reported holding 893,134 shares with a market value of $62,903,428. This comprised 1.54% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 898,725 shares with a market value of $55,631,079. This comprised 1.6% of the total portfolio. The net change in shares for this position over the two quarters is 5,591. About Company: PepsiCo, Inc. operates worldwide beverage, snack and food businesses. The Company manufacture or uses contract manufacturers, market and sell a variety of grain-based snacks, carbonated and non-carbonated beverages and foods in countries throughout the world.
  • Celgene Corporation (NASDAQ:CELG): On 06/30/2011, Legg Mason Investment Counsel reported holding 896,370 shares with a market value of $54,069,038. This comprised 1.32% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 896,021 shares with a market value of $55,472,660. This comprised 1.59% of the total portfolio. The net change in shares for this position over the two quarters is -349. About Company: Celgene Corporation is a global biopharmaceutical company. The Company focuses on the discovery, development, and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases.
  • Covidien Plc (NYSE:COV): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,246,375 shares with a market value of $66,344,541. This comprised 1.63% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,242,700 shares with a market value of $54,803,068. This comprised 1.57% of the total portfolio. The net change in shares for this position over the two quarters is -3,675. About Company: Covidien PLC is a global healthcare products company. The Company develops, manufactures and distributes a diverse range of medical devices and supplies, diagnostics imaging agents, pharmaceuticals and other healthcare products for use in clinical and home settings.

(Note: Data regarding Legg Mason Investment Counsel’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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