Wells Fargo, J.P. Morgan and Simon Propery Among Vanguard Group’s Largest Financial Stock Positions

Wall St. Watchdog reveals information regarding Vanguard Group, Inc.’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 784 stocks in the Financial sector at the end of the quarter with an aggregate market value of $92.337 billion.

  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Vanguard Group, Inc. reported holding 191,471,949 shares with a market value of $5,372,702,787. This comprised 0.83% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 196,175,972 shares with a market value of $4,731,764,609. This comprised 0.85% of the total portfolio. The net change in shares for this position over the two quarters is 4,704,023. 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, Vanguard Group, Inc. reported holding 148,300,677 shares with a market value of $6,071,429,513. This comprised 0.93% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 150,566,676 shares with a market value of $4,535,068,407. This comprised 0.81% of the total portfolio. The net change in shares for this position over the two quarters is 2,265,999. 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.
  • Simon Property Group Inc. (NYSE:SPG): On 06/30/2011, Vanguard Group, Inc. reported holding 28,101,454 shares with a market value of $3,266,232,093. This comprised 0.5% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 28,433,144 shares with a market value of $3,127,077,273. This comprised 0.56% of the total portfolio. The net change in shares for this position over the two quarters is 331,690. 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.
  • Citigroup Inc. (NYSE:C): On 06/30/2011, Vanguard Group, Inc. reported holding 107,673,744 shares with a market value of $4,483,534,634. This comprised 0.69% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 110,218,578 shares with a market value of $2,823,800,061. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is 2,544,834. 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, Vanguard Group, Inc. reported holding 375,365,877 shares with a market value of $4,114,010,026. This comprised 0.63% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 383,805,234 shares with a market value of $2,348,887,988. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is 8,439,357. 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, Vanguard Group, Inc. reported holding 40,598,362 shares with a market value of $2,098,935,346. This comprised 0.32% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 41,765,817 shares with a market value of $1,875,285,247. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 1,167,455. 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, Vanguard Group, Inc. reported holding 18,700,225 shares with a market value of $2,488,812,877. This comprised 0.38% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 18,811,703 shares with a market value of $1,778,646,576. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is 111,478. 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, Vanguard Group, Inc. reported holding 71,718,906 shares with a market value of $1,829,549,308. This comprised 0.28% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 73,771,569 shares with a market value of $1,736,582,802. This comprised 0.31% of the total portfolio. The net change in shares for this position over the two quarters is 2,052,663. 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.
  • Public Storage (NYSE:PSA): On 06/30/2011, Vanguard Group, Inc. reported holding 13,705,703 shares with a market value of $1,562,587,228. This comprised 0.24% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 14,012,442 shares with a market value of $1,560,285,395. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is 306,739. About Company: Public Storage is a real estate investment trust. The trust’s principal business activities include the acquisition, development, ownership and operation of self-storage facilities in the United States. Public Storage also own an equity interest in an owner and operator of self-storage facilities in Europe.
  • Equity Residential (NYSE:EQR): On 06/30/2011, Vanguard Group, Inc. reported holding 27,881,826 shares with a market value of $1,672,909,560. This comprised 0.26% of the total portfolio. On 09/30/2011, Vanguard Group, Inc. reported holding 28,180,332 shares with a market value of $1,461,713,791. This comprised 0.26% of the total portfolio. The net change in shares for this position over the two quarters is 298,506. About Company: Equity Residential is a real estate investment trust. The trust acquires, develops, and manages apartment complexes in the United States.

(Note: Data regarding Vanguard Group, Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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