Lockheed Martin: AIG’s Heaviest Industrial Goods Stock Holding

Wall St. Watchdog reveals information regarding American International Group’s top holdings in the Industrial Goods sector for the quarter ending September 30th, 2011. The firm held 243 stocks in the Industrial Goods sector at the end of the quarter with an aggregate market value of $667.228 million.

  • Lockheed Martin Corporation (NYSE:LMT): On 06/30/2011, American International Group reported holding 464,451 shares with a market value of $37,606,598. This comprised 0.32% of the total portfolio. On 09/30/2011, American International Group reported holding 532,469 shares with a market value of $38,678,548. This comprised 0.4% of the total portfolio. The net change in shares for this position over the two quarters is 68,018. About Company: Lockheed Martin Corporation is a global security company that primarily researches, designs, develops, manufactures, and integrates advanced technology products and services. The Company’s businesses span space, telecommunications, electronics, information and services, aeronautics, energy, and systems integration. Lockheed Martin operates worldwide.
  • Boeing Co. (NYSE:BA): On 06/30/2011, American International Group reported holding 558,953 shares with a market value of $41,323,395. This comprised 0.35% of the total portfolio. On 09/30/2011, American International Group reported holding 557,334 shares with a market value of $33,724,279. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is -1,619. About Company: The Boeing Company, together with its subsidiaries, develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry worldwide. The Company also researches, develops, produces, modifies, and supports information, space, and defense systems, including military aircraft, helicopters and space and missile systems.
  • General Dynamics Corp. (NYSE:GD): On 06/30/2011, American International Group reported holding 577,661 shares with a market value of $43,047,296. This comprised 0.36% of the total portfolio. On 09/30/2011, American International Group reported holding 590,771 shares with a market value of $33,608,962. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 13,110. About Company: General Dynamics Corporation is a diversified defense company. The Company offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding design and construction; and information systems, technologies and services.
  • Raytheon Co. (NYSE:RTN): On 06/30/2011, American International Group reported holding 698,673 shares with a market value of $34,828,848. This comprised 0.29% of the total portfolio. On 09/30/2011, American International Group reported holding 802,509 shares with a market value of $32,798,542. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 103,836. About Company: Raytheon Company operates in defense, homeland security and other government markets. The Company provides electronics, mission systems integration in the areas of sensing, effects, command, control, communications and intelligence systems, and mission support services. Raytheon provides products and services worldwide.
  • Northrop Grumman Corporation (NYSE:NOC): On 06/30/2011, American International Group reported holding 522,213 shares with a market value of $36,215,471. This comprised 0.31% of the total portfolio. On 09/30/2011, American International Group reported holding 594,861 shares with a market value of $31,033,897. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is 72,648. About Company: Northrop Grumman Corporation is a global security company. The Company provides systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
  • Caterpillar Inc. (NYSE:CAT): On 06/30/2011, American International Group reported holding 323,496 shares with a market value of $34,439,384. This comprised 0.29% of the total portfolio. On 09/30/2011, American International Group reported holding 320,741 shares with a market value of $23,683,514. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is -2,755. About Company: Caterpillar Inc. designs, manufactures, and markets construction, mining, agricultural, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.
  • Be Aerospace Inc. (NASDAQ:BEAV): On 06/30/2011, American International Group reported holding 649,936 shares with a market value of $26,523,889. This comprised 0.22% of the total portfolio. On 09/30/2011, American International Group reported holding 595,008 shares with a market value of $19,700,715. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is -54,928. About Company: BE Aerospace, Inc. manufactures interior products for commercial and general aviation aircraft cabins. The Company serves major airlines and various general aviation customers and airframe manufacturers. Products include a variety of aircraft seating products, food and beverage preparation and storage equipment, cabin interior structures, and oxygen delivery systems.
  • Cummins Inc. (NYSE:CMI): On 06/30/2011, American International Group reported holding 223,884 shares with a market value of $23,169,755. This comprised 0.2% of the total portfolio. On 09/30/2011, American International Group reported holding 229,675 shares with a market value of $18,755,261. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 5,791. About Company: Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems.
  • Emerson Electric Co. (NYSE:EMR): On 06/30/2011, American International Group reported holding 405,125 shares with a market value of $22,788,281. This comprised 0.19% of the total portfolio. On 09/30/2011, American International Group reported holding 408,788 shares with a market value of $16,887,033. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 3,663. About Company: Emerson Electric Co. manufactures and markets electrical, electromechanical, and electronic products and systems. The Company produces a variety of products, including process control, industrial automation, electronics, appliance components, and electric motors. Emerson sells its products around the world.
  • Mastec Inc. (NYSE:MTZ): On 06/30/2011, American International Group reported holding 1,186,959 shares with a market value of $23,406,831. This comprised 0.2% of the total portfolio. On 09/30/2011, American International Group reported holding 957,323 shares with a market value of $16,858,459. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is -229,636. About Company: MasTec Inc., is a specialty contractor operating across a range of industries. The Companys activities are the building, installation, maintenance and upgrade of utility and communications infrastructure, including electrical utility transmission and distribution, windfarms, solar farms, other renewable energy and natural gas infrastructure, wireless, wireline, etc.

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

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