Southern Company Stock: BlackRock Investment’s Heaviest Utilities Holding in Q3

Wall St. Watchdog reveals information regarding BlackRock Investment Management LLC’s top holdings in the Utilities sector for the quarter ending September 30th, 2011. The firm held 104 stocks in the Utilities sector at the end of the quarter with an aggregate market value of $2.175 billion.

  • Southern Company (NYSE:SO): On 06/30/2011, BlackRock Investment Management LLC reported holding 4,149,656 shares with a market value of $167,563,114. This comprised 0.29% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 4,510,971 shares with a market value of $191,129,836. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 361,315. About Company: Southern Company is a public utility holding company. The Company, through its subsidiaries, generates, wholesales, and retails electricity in the southeastern United States. The Company also offers wireless telecommunications services, and provides businesses with two-way radio, telephone, paging, and Internet access services as well as wholesales fiber optic solutions.
  • Dominion Resources Inc. (NYSE:D): On 06/30/2011, BlackRock Investment Management LLC reported holding 3,332,077 shares with a market value of $160,839,358. This comprised 0.28% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 3,624,097 shares with a market value of $183,995,406. This comprised 0.37% of the total portfolio. The net change in shares for this position over the two quarters is 292,020. About Company: Dominion Resources, Inc., a diversified utility holding company, generates, transmits, distributes, and sells electric energy in Virginia and northeastern North Carolina. The Company produces, transports, distributes, and markets natural gas to customers in the Northeast and Mid-Atlantic regions of the United States.
  • Nextera Energy Inc. (NYSE:NEE): On 06/30/2011, BlackRock Investment Management LLC reported holding 1,893,827 shares with a market value of $108,819,298. This comprised 0.19% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 2,077,747 shares with a market value of $112,239,894. This comprised 0.22% of the total portfolio. The net change in shares for this position over the two quarters is 183,920. About Company: NextEra Energy, Inc. is a clean energy company. The Company, through its subsidiaries, generates, transmits, distributes, and sells electric energy utilizing natural gas, wind and nuclear resources.
  • Exelon Corp. (NYSE:EXC): On 06/30/2011, BlackRock Investment Management LLC reported holding 1,825,541 shares with a market value of $78,206,177. This comprised 0.13% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 1,847,612 shares with a market value of $78,726,748. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is 22,071. About Company: Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.
  • Public Service Enterprise Group Inc. (NYSE:PEG): On 06/30/2011, BlackRock Investment Management LLC reported holding 2,083,123 shares with a market value of $67,993,133. This comprised 0.12% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 2,260,840 shares with a market value of $75,444,228. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 177,717. About Company: Public Service Enterprise Group Incorporated is a public utility holding company. The Company, through its subsidiaries, generates, transmits, and distributes electricity and produces natural gas in in the Northeastern and Mid Atlantic United States.
  • Firstenergy Corp. (NYSE:FE): On 06/30/2011, BlackRock Investment Management LLC reported holding 1,513,240 shares with a market value of $66,809,548. This comprised 0.11% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 1,638,146 shares with a market value of $73,569,137. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 124,906. About Company: FirstEnergy Corp. is a public utility holding company. The Company’s subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, exploration and production of oil and natural gas, transmission and marketing of natural gas, and energy management and other energy-related services.
  • Duke Energy Corporation (NYSE:DUK): On 06/30/2011, BlackRock Investment Management LLC reported holding 3,660,846 shares with a market value of $68,933,730. This comprised 0.12% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 3,673,182 shares with a market value of $73,426,907. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 12,336. About Company: Duke Energy Corporation is an energy company located primarily in the Americas that owns an integrated network of energy assets. The Company manages a portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America.
  • Eqt Corporation (NYSE:EQT): On 06/30/2011, BlackRock Investment Management LLC reported holding 1,255,051 shares with a market value of $65,915,279. This comprised 0.11% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 1,328,672 shares with a market value of $70,897,939. This comprised 0.14% of the total portfolio. The net change in shares for this position over the two quarters is 73,621. About Company: EQT Corporation is an integrated energy company with emphasis on Appalachian area natural-gas supply, transmission and distribution. The Company, through its subsidiaries, offer natural gas products to wholesale and retail customers.
  • Nrg Energy Inc. (NYSE:NRG): On 06/30/2011, BlackRock Investment Management LLC reported holding 3,247,681 shares with a market value of $79,827,999. This comprised 0.14% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 3,297,872 shares with a market value of $69,947,862. This comprised 0.14% of the total portfolio. The net change in shares for this position over the two quarters is 50,191. About Company: NRG Energy, Inc. owns and operates a diverse portfolio of power-generating facilities, primarily in the United States. The Company’s operations include energy production and cogeneration facilities, thermal energy production, and energy resource recovery facilities.
  • Ppl Corporation (NYSE:PPL): On 06/30/2011, BlackRock Investment Management LLC reported holding 2,507,930 shares with a market value of $69,795,692. This comprised 0.12% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 2,388,369 shares with a market value of $68,164,053. This comprised 0.14% of the total portfolio. The net change in shares for this position over the two quarters is -119,561. About Company: PPL Corporation is an energy and utility holding company. The Company, through its subsidiaries, generates electricity from power plants in the northeastern and western United States, and markets wholesale and retail energy primarily in the northeastern and western portions of the United States, and delivers electricity in Pennsylvania and the United Kingdom.

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

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