Legg Mason Investment Counsel’s Top Tech Stocks: AAPL, NTAP, BRCM

Wall St. Watchdog reveals information regarding Legg Mason Investment Counsel’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 92 stocks in the Technology sector at the end of the quarter with an aggregate market value of $564.413 million.

  • 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.
  • Netapp Inc. (NASDAQ:NTAP): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,280,675 shares with a market value of $67,594,025. This comprised 1.66% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,320,322 shares with a market value of $44,798,526. This comprised 1.29% of the total portfolio. The net change in shares for this position over the two quarters is 39,647. About Company: NetApp, Inc. provides storage and data management solutions. The Company’s storage solutions include specialized hardware, software, and services that provide storage management for open network environments. NetApp serves enterprises, government agencies, and universities worldwide.
  • Broadcom Corp. (NASDAQ:BRCM): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,151,940 shares with a market value of $38,751,261. This comprised 0.95% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,301,697 shares with a market value of $43,333,494. This comprised 1.24% of the total portfolio. The net change in shares for this position over the two quarters is 149,757. About Company: Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line.
  • Rovi Corporation (NASDAQ:ROVI): On 06/30/2011, Legg Mason Investment Counsel reported holding 939,540 shares with a market value of $53,892,015. This comprised 1.32% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 936,096 shares with a market value of $40,233,406. This comprised 1.15% of the total portfolio. The net change in shares for this position over the two quarters is -3,444. About Company: Rovi Corporation provides digital home entertainment experience by delivering solutions to businesses to protect, enhance an distribute digital goods to consumers across multiple channels. The Company’s services and products include connected middleware, media recognition, interactive programming guides, copy protection and rich media.
  • Cisco Systems Inc. (NASDAQ:CSCO): On 06/30/2011, Legg Mason Investment Counsel reported holding 2,537,355 shares with a market value of $39,608,111. This comprised 0.97% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 2,579,613 shares with a market value of $39,984,002. This comprised 1.15% of the total portfolio. The net change in shares for this position over the two quarters is 42,258. 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.
  • International Business Machines (NYSE:IBM): On 06/30/2011, Legg Mason Investment Counsel reported holding 229,195 shares with a market value of $39,318,403. This comprised 0.96% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 226,039 shares with a market value of $39,527,439. This comprised 1.13% of the total portfolio. The net change in shares for this position over the two quarters is -3,156. 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.
  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, Legg Mason Investment Counsel reported holding 69,513 shares with a market value of $35,199,993. This comprised 0.86% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 69,548 shares with a market value of $35,820,000. This comprised 1.03% of the total portfolio. The net change in shares for this position over the two quarters is 35. 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.
  • Corning Inc. (NYSE:GLW): On 06/30/2011, Legg Mason Investment Counsel reported holding 2,297,048 shares with a market value of $41,691,420. This comprised 1.02% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 2,186,494 shares with a market value of $27,025,065. This comprised 0.78% of the total portfolio. The net change in shares for this position over the two quarters is -110,554. About Company: Corning Incorporated is a global, technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass and projection video lens assemblies for the information display industry.
  • Trimble Navigation Limited (NASDAQ:TRMB): On 06/30/2011, Legg Mason Investment Counsel reported holding 574,744 shares with a market value of $22,782,852. This comprised 0.56% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 738,066 shares with a market value of $24,762,114. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is 163,322. About Company: Trimble Navigation Limited designs, manufactures, and markets electronic products, enabled by Global Positioning System technology, that determine precise geographic location. The Company’s products are integrated systems for collecting, analyzing, and displaying position data in forms optimized for specific end-user applications.
  • Crown Castle International Corp. (NYSE:CCI): On 06/30/2011, Legg Mason Investment Counsel reported holding 493,653 shares with a market value of $20,136,106. This comprised 0.49% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 597,171 shares with a market value of $24,286,943. This comprised 0.7% of the total portfolio. The net change in shares for this position over the two quarters is 103,518. About Company: Crown Castle International Corp. engineers, deploys, owns, and operates shared wireless infrastructure. The Company offers wireless communications coverage to various United States markets and most of the Australian populations. Crown Castle owns, operates, and manages various wireless communication towers internationally.

(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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