Putnam Investment’s Favorite Q3 Tech Stocks: AAPL, HPQ, QCOM

Wall St. Watchdog reveals information regarding Putnam Investment Management’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 271 stocks in the Technology sector at the end of the quarter with an aggregate market value of $6.235 billion.

  • Apple Inc. (NASDAQ:AAPL): On 06/30/2011, Putnam Investment Management reported holding 967,323 shares with a market value of $324,701,324. This comprised 1.58% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 2,129,410 shares with a market value of $811,986,637. This comprised 2.89% of the total portfolio. The net change in shares for this position over the two quarters is 1,162,087. 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.
  • Hewlett-packard Company (NYSE:HPQ): On 06/30/2011, Putnam Investment Management reported holding 911,605 shares with a market value of $33,182,423. This comprised 0.16% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 19,796,051 shares with a market value of $444,421,360. This comprised 1.58% of the total portfolio. The net change in shares for this position over the two quarters is 18,884,446. 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.
  • Qualcomm Incorporated (NASDAQ:QCOM): On 06/30/2011, Putnam Investment Management reported holding 584,201 shares with a market value of $33,176,775. This comprised 0.16% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 7,772,304 shares with a market value of $377,967,152. This comprised 1.34% of the total portfolio. The net change in shares for this position over the two quarters is 7,188,103. About Company: QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content.
  • Cisco Systems Inc. (NASDAQ:CSCO): On 06/30/2011, Putnam Investment Management reported holding 35,273,656 shares with a market value of $550,621,758. This comprised 2.68% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 22,428,000 shares with a market value of $347,634,000. This comprised 1.24% of the total portfolio. The net change in shares for this position over the two quarters is -12,845,656. 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.
  • Verizon Communications Inc. (NYSE:VZ): On 06/30/2011, Putnam Investment Management reported holding 8,941,864 shares with a market value of $332,905,593. This comprised 1.62% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 8,992,579 shares with a market value of $330,926,900. This comprised 1.18% of the total portfolio. The net change in shares for this position over the two quarters is 50,715. 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.
  • First Solar Inc. (NASDAQ:FSLR): On 06/30/2011, Putnam Investment Management reported holding 226,605 shares with a market value of $29,973,044. This comprised 0.15% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 4,473,153 shares with a market value of $282,747,997. This comprised 1.01% of the total portfolio. The net change in shares for this position over the two quarters is 4,246,548. About Company: First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.
  • Oracle Corp. (NASDAQ:ORCL): On 06/30/2011, Putnam Investment Management reported holding 8,391,079 shares with a market value of $276,150,409. This comprised 1.34% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 9,820,732 shares with a market value of $282,247,835. This comprised 1% of the total portfolio. The net change in shares for this position over the two quarters is 1,429,653. 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.
  • Microsoft Corporation (NASDAQ:MSFT): On 06/30/2011, Putnam Investment Management reported holding 1,124,582 shares with a market value of $29,239,132. This comprised 0.14% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 8,792,333 shares with a market value of $218,841,163. This comprised 0.78% of the total portfolio. The net change in shares for this position over the two quarters is 7,667,751. 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.
  • Sandisk Corp. (NASDAQ:SNDK): On 06/30/2011, Putnam Investment Management reported holding 5,357,871 shares with a market value of $222,351,647. This comprised 1.08% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 4,745,371 shares with a market value of $191,523,176. This comprised 0.68% of the total portfolio. The net change in shares for this position over the two quarters is -612,500. About Company: SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
  • At&t Inc. (NYSE:T): On 06/30/2011, Putnam Investment Management reported holding 10,107,409 shares with a market value of $317,473,715. This comprised 1.55% of the total portfolio. On 09/30/2011, Putnam Investment Management reported holding 5,372,188 shares with a market value of $153,214,804. This comprised 0.55% of the total portfolio. The net change in shares for this position over the two quarters is -4,735,221. 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.

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

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