Rhumbline Advisers Ups BAC, WFC, JPM, C Stakes in Third Quarter

Wall St. Watchdog reveals information regarding Rhumbline Advisers’ top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 604 stocks in the Financial sector at the end of the quarter with an aggregate market value of $3.079 billion.

  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Rhumbline Advisers reported holding 9,335,862 shares with a market value of $261,964,283. This comprised 0.96% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 9,574,368 shares with a market value of $230,933,764. This comprised 0.97% of the total portfolio. The net change in shares for this position over the two quarters is 238,506. About Company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Rhumbline Advisers reported holding 7,314,944 shares with a market value of $299,473,797. This comprised 1.1% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 7,451,640 shares with a market value of $224,443,403. This comprised 0.94% of the total portfolio. The net change in shares for this position over the two quarters is 136,696. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • Citigroup Inc. (NYSE:C): On 06/30/2011, Rhumbline Advisers reported holding 0 shares. On 09/30/2011, Rhumbline Advisers reported holding 5,419,164 shares with a market value of $138,838,986. This comprised 0.58% of the total portfolio. The net change in shares for this position over the two quarters is 5,419,164. About Company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  • Bank Of America Corporation (NYSE:BAC): On 06/30/2011, Rhumbline Advisers reported holding 18,285,084 shares with a market value of $200,404,521. This comprised 0.74% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 18,818,171 shares with a market value of $115,167,204. This comprised 0.48% of the total portfolio. The net change in shares for this position over the two quarters is 533,087. About Company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • American Express Company (NYSE:AXP): On 06/30/2011, Rhumbline Advisers reported holding 2,038,091 shares with a market value of $105,369,306. This comprised 0.39% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 2,093,899 shares with a market value of $94,016,068. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is 55,808. About Company: American Express Company is a global payment and travel company. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.
  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, Rhumbline Advisers reported holding 945,883 shares with a market value of $125,887,565. This comprised 0.46% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 966,934 shares with a market value of $91,423,613. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 21,051. About Company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.
  • U.s. Bancorp (NYSE:USB): On 06/30/2011, Rhumbline Advisers reported holding 3,479,871 shares with a market value of $88,771,510. This comprised 0.33% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 3,574,655 shares with a market value of $84,147,382. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is 94,784. About Company: U.S. Bancorp is a diversified financial services company that provides lending and depository services, cash management, foreign exchange and trust and investment management services. The Company also provides credit card services, mortgage banking, insurance, brokerage, and leasing. U.S Bancorp operates in the Midwest and Western United States.
  • Simon Property Group Inc. (NYSE:SPG): On 06/30/2011, Rhumbline Advisers reported holding 607,265 shares with a market value of $70,582,413. This comprised 0.26% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 621,578 shares with a market value of $68,361,151. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is 14,313. About Company: Simon Property Group, Inc. is a self-administered and self-managed, real estate investment trust. The Company owns, develops, and manages retail real estate properties including regional malls, outlet centers, community/lifestyle centers, and international properties.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Rhumbline Advisers reported holding 1,650,295 shares with a market value of $72,398,440. This comprised 0.27% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 1,703,556 shares with a market value of $47,716,604. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is 53,261. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Pnc Financial Services Group Inc. (NYSE:PNC): On 06/30/2011, Rhumbline Advisers reported holding 945,851 shares with a market value of $56,382,179. This comprised 0.21% of the total portfolio. On 09/30/2011, Rhumbline Advisers reported holding 972,638 shares with a market value of $46,871,424. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is 26,787. About Company: PNC Financial Services Group, Inc. is a diversified financial services organization. The Company provides regional banking, wholesale banking, and asset management services nationally and in the Company’s primary regional markets.

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

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