New York Life Trust Sheds Shares of Apple, IBM and MSFT in Third Quarter

Wall St. Watchdog reveals information regarding New York Life Trust Co’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 37 stocks in the Technology sector at the end of the quarter with an aggregate market value of $11.931 million.

  • Apple Inc. (NASDAQ:AAPL): On 06/30/2011, New York Life Trust Co reported holding 7,533 shares with a market value of $2,528,602. This comprised 3.04% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 5,526 shares with a market value of $2,107,174. This comprised 3.75% of the total portfolio. The net change in shares for this position over the two quarters is -2,007. 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.
  • International Business Machines (NYSE:IBM): On 06/30/2011, New York Life Trust Co reported holding 10,758 shares with a market value of $1,845,535. This comprised 2.22% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 7,937 shares with a market value of $1,387,943. This comprised 2.47% of the total portfolio. The net change in shares for this position over the two quarters is -2,821. 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.
  • Microsoft Corporation (NASDAQ:MSFT): On 06/30/2011, New York Life Trust Co reported holding 64,425 shares with a market value of $1,675,050. This comprised 2.01% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 49,620 shares with a market value of $1,235,042. This comprised 2.2% of the total portfolio. The net change in shares for this position over the two quarters is -14,805. 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.
  • At&t Inc. (NYSE:T): On 06/30/2011, New York Life Trust Co reported holding 41,206 shares with a market value of $1,294,280. This comprised 1.56% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 36,954 shares with a market value of $1,053,928. This comprised 1.88% of the total portfolio. The net change in shares for this position over the two quarters is -4,252. 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.
  • Verizon Communications Inc. (NYSE:VZ): On 06/30/2011, New York Life Trust Co reported holding 30,469 shares with a market value of $1,134,361. This comprised 1.36% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 22,614 shares with a market value of $832,195. This comprised 1.48% of the total portfolio. The net change in shares for this position over the two quarters is -7,855. 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.
  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, New York Life Trust Co reported holding 1,573 shares with a market value of $796,536. This comprised 0.96% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 1,224 shares with a market value of $630,409. This comprised 1.12% of the total portfolio. The net change in shares for this position over the two quarters is -349. 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.
  • Intel Corporation (NASDAQ:INTC): On 06/30/2011, New York Life Trust Co reported holding 55,412 shares with a market value of $1,227,930. This comprised 1.48% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 25,583 shares with a market value of $545,941. This comprised 0.97% of the total portfolio. The net change in shares for this position over the two quarters is -29,829. About Company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
  • Oracle Corp. (NASDAQ:ORCL): On 06/30/2011, New York Life Trust Co reported holding 14,532 shares with a market value of $478,248. This comprised 0.58% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 15,837 shares with a market value of $455,155. This comprised 0.81% of the total portfolio. The net change in shares for this position over the two quarters is 1,305. 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.
  • Dell Inc. (NASDAQ:DELL): On 06/30/2011, New York Life Trust Co reported holding 26,624 shares with a market value of $443,822. This comprised 0.53% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 28,090 shares with a market value of $397,193. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is 1,466. About Company: Dell Inc. offers a wide range of computers and related products. The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services. Dell serves consumers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
  • Hewlett-packard Company (NYSE:HPQ): On 06/30/2011, New York Life Trust Co reported holding 20,307 shares with a market value of $739,175. This comprised 0.89% of the total portfolio. On 09/30/2011, New York Life Trust Co reported holding 16,619 shares with a market value of $373,097. This comprised 0.66% of the total portfolio. The net change in shares for this position over the two quarters is -3,688. About Company: Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide.

(Note: Data regarding New York Life Trust Co’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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