Waddell Reed’s Largest Tech Sector Stock Positions in Q3: AAPL, GOOG, CTSH, ORCL, BIDU, BRCM

Wall St. Watchdog reveals information regarding Waddell Reed Financial’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 81 stocks in the Technology sector at the end of the quarter with an aggregate market value of $11.416 billion.

  • Apple Inc. (NASDAQ:AAPL): On 06/30/2011, Waddell Reed Financial reported holding 6,991,071 shares with a market value of $2,346,692,896. This comprised 5.16% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 6,356,583 shares with a market value of $2,423,892,276. This comprised 6.69% of the total portfolio. The net change in shares for this position over the two quarters is -634,488. 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.
  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, Waddell Reed Financial reported holding 1,820,594 shares with a market value of $921,912,399. This comprised 2.03% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 1,998,658 shares with a market value of $1,029,388,772. This comprised 2.84% of the total portfolio. The net change in shares for this position over the two quarters is 178,064. 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.
  • Cognizant Technology Solutions Corp. (NASDAQ:CTSH): On 06/30/2011, Waddell Reed Financial reported holding 15,692,680 shares with a market value of $1,150,901,094. This comprised 2.53% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 15,606,798 shares with a market value of $978,546,247. This comprised 2.7% of the total portfolio. The net change in shares for this position over the two quarters is -85,882. About Company: Cognizant Technology Solutions Corporation provides custom Information Technology (NYSE:IT) consulting and technology services as well as outsourcing services. The Company’s core competencies include technology strategy consulting, complex systems development, enterprise software package implementation and maintenance, data warehousing and business intelligence.
  • Oracle Corp. (NASDAQ:ORCL): On 06/30/2011, Waddell Reed Financial reported holding 31,726,901 shares with a market value of $1,044,132,307. This comprised 2.29% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 30,321,115 shares with a market value of $871,428,838. This comprised 2.41% of the total portfolio. The net change in shares for this position over the two quarters is -1,405,786. 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.
  • Baidu Inc. (NASDAQ:BIDU): On 06/30/2011, Waddell Reed Financial reported holding 7,524,800 shares with a market value of $1,054,450,261. This comprised 2.32% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 7,542,200 shares with a market value of $806,336,630. This comprised 2.23% of the total portfolio. The net change in shares for this position over the two quarters is 17,400. About Company: Baidu, Inc. operates an Internet search engine. The Company offers algorithmic search, enterprise search, pay for performance and news, MP3, and image searches.
  • Broadcom Corp. (NASDAQ:BRCM): On 06/30/2011, Waddell Reed Financial reported holding 14,409,866 shares with a market value of $484,747,883. This comprised 1.07% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 14,591,682 shares with a market value of $485,757,107. This comprised 1.34% of the total portfolio. The net change in shares for this position over the two quarters is 181,816. About Company: Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line.
  • Juniper Networks Inc. (NYSE:JNPR): On 06/30/2011, Waddell Reed Financial reported holding 17,817,232 shares with a market value of $561,242,808. This comprised 1.23% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 27,752,193 shares with a market value of $479,002,858. This comprised 1.32% of the total portfolio. The net change in shares for this position over the two quarters is 9,934,961. About Company: Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions.
  • Netapp Inc. (NASDAQ:NTAP): On 06/30/2011, Waddell Reed Financial reported holding 13,939,038 shares with a market value of $735,702,409. This comprised 1.62% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 13,866,933 shares with a market value of $470,505,041. This comprised 1.3% of the total portfolio. The net change in shares for this position over the two quarters is -72,105. About Company: NetApp, Inc. provides storage and data management solutions. The Company’s storage solutions include specialized hardware, software, and services that provide storage management for open network environments. NetApp serves enterprises, government agencies, and universities worldwide.
  • Microchip Technology Inc. (NASDAQ:MCHP): On 06/30/2011, Waddell Reed Financial reported holding 13,750,039 shares with a market value of $521,263,976. This comprised 1.15% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 12,952,763 shares with a market value of $402,960,465. This comprised 1.11% of the total portfolio. The net change in shares for this position over the two quarters is -797,276. About Company: Microchip Technology Incorporated designs, manufactures, and markets microcontrollers, related mixed-signal and memory products, and application development systems for high-volume embedded control applications. The Company also designs, develops, and markets linear/mixed-signal, power management, and thermal management products.
  • Intuit Inc. (NASDAQ:INTU): On 06/30/2011, Waddell Reed Financial reported holding 3,343,003 shares with a market value of $173,368,138. This comprised 0.38% of the total portfolio. On 09/30/2011, Waddell Reed Financial reported holding 6,385,442 shares with a market value of $302,925,360. This comprised 0.84% of the total portfolio. The net change in shares for this position over the two quarters is 3,042,439. About Company: Intuit Inc. develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals The Company provides software for small business management and payroll processing, personal finance, and tax preparation and filing.

(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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