Waddell Reed’s Favorite Quarterly Financial Stocks: BX, ADS, TROW, COF

Wall St. Watchdog reveals information regarding Waddell Reed Financial’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 49 stocks in the Financial sector at the end of the quarter with an aggregate market value of $2.242 billion.

  • The Blackstone Group (NYSE:BX): On 06/30/2011, Waddell Reed Financial reported holding 21,882,380 shares with a market value of $362,372,201. This comprised 0.8% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 25,849,220 shares with a market value of $309,673,644. This comprised 0.85% of the total portfolio. The net change in shares for this position over the two quarters is 3,966,840. About Company: The Blackstone Group LP is a global alternative asset manager and provider of financial advisory services. The firm’s asset management businesses include the management of corporate private equity funds, real estate funds, mezzanine funds, proprietary hedge funds and closed-end mutual funds. Blackstone also provides M&A and reorganization advisory, as well as private placement services.
  • Alliance Data Systems Corporation (NYSE:ADS): On 06/30/2011, Waddell Reed Financial reported holding 3,243,400 shares with a market value of $305,106,637. This comprised 0.67% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 3,243,400 shares with a market value of $300,663,170. This comprised 0.83% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Alliance Data Systems Corporation provides card services, loyalty and marketing solutions, payment processing, and business process outsourcing services. The Company provides such services to the retail, petroleum, utility, financial services, and hospitality markets.
  • T. Rowe Price Group Inc. (NASDAQ:TROW): On 06/30/2011, Waddell Reed Financial reported holding 4,759,853 shares with a market value of $287,209,531. This comprised 0.63% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 4,506,293 shares with a market value of $215,265,619. This comprised 0.59% of the total portfolio. The net change in shares for this position over the two quarters is -253,560. About Company: T. Rowe Price Group Inc. is a financial services holding company. The Company, through its subsidiaries, provides investment advisory services to individual and institutional investors. T. Rowe manages a broad range of U.S. and international stock, blended asset, bond, and money market mutual funds and other investment portfolios.
  • Capital One Financial Corp. (NYSE:COF): On 06/30/2011, Waddell Reed Financial reported holding 4,042,699 shares with a market value of $208,886,250. This comprised 0.46% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 4,704,473 shares with a market value of $186,438,270. This comprised 0.51% of the total portfolio. The net change in shares for this position over the two quarters is 661,774. About Company: Capital One Financial Corporation is a diversified bank. The Bank, through its subsidiaries, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients both domestically and internationally. Capital One has bank locations in Connecticut, Louisiana, New Jersey, New York, and Texas.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Waddell Reed Financial reported holding 6,359,304 shares with a market value of $260,349,897. This comprised 0.57% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 5,934,440 shares with a market value of $178,745,338. This comprised 0.49% of the total portfolio. The net change in shares for this position over the two quarters is -424,864. 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.
  • Kohlberg Kravis Roberts & Co. (NYSE:KKR): On 06/30/2011, Waddell Reed Financial reported holding 9,548,610 shares with a market value of $155,833,312. This comprised 0.34% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 15,070,520 shares with a market value of $156,733,402. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is 5,521,910. About Company: KKR & Co. L.P. is a global alternative asset manager. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation; invests in leveraged loans, high-yield bonds and less liquid credit products; and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice.
  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Waddell Reed Financial reported holding 2,848,933 shares with a market value of $79,941,058. This comprised 0.18% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 2,861,506 shares with a market value of $69,019,527. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is 12,573. 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.
  • Greenhill & Co. Inc. (NYSE:GHL): On 06/30/2011, Waddell Reed Financial reported holding 2,035,565 shares with a market value of $109,554,108. This comprised 0.24% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 2,265,355 shares with a market value of $64,766,500. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is 229,790. About Company: Greenhill & Co., Inc is an independent investment bank. The Company focuses on providing financial advice on mergers, acquisitions, restructurings, financings and capital raisings to corporations, partnerships, institutions and governments. Greenhill & Co. has offices throughout the world.
  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, Waddell Reed Financial reported holding 663,483 shares with a market value of $88,302,950. This comprised 0.19% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 573,248 shares with a market value of $54,200,600. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is -90,235. 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.
  • Discover Fin Svcs (NYSE:DFS): On 06/30/2011, Waddell Reed Financial reported holding 2,485,100 shares with a market value of $66,476,425. This comprised 0.15% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 2,294,600 shares with a market value of $52,638,125. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is -190,500. About Company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine(ATM)/debit network, which includes ATMs, as well as POS terminals nationwide.

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

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