Wells Fargo Remains Eaton Vance’s Top Financial Stock Holding in Q3

Wall St. Watchdog reveals information regarding Eaton Vance Management’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 180 stocks in the Financial sector at the end of the quarter with an aggregate market value of $7.66 billion.

  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Eaton Vance Management reported holding 37,513,037 shares with a market value of $1,052,615,798. This comprised 2.09% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 37,313,752 shares with a market value of $900,007,730. This comprised 2.09% of the total portfolio. The net change in shares for this position over the two quarters is -199,285. 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, Eaton Vance Management reported holding 25,941,156 shares with a market value of $1,062,030,891. This comprised 2.1% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 25,328,945 shares with a market value of $762,907,845. This comprised 1.77% of the total portfolio. The net change in shares for this position over the two quarters is -612,211. 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.
  • Pnc Financial Services Group Inc. (NYSE:PNC): On 06/30/2011, Eaton Vance Management reported holding 12,168,361 shares with a market value of $725,356,007. This comprised 1.44% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 11,811,613 shares with a market value of $569,201,614. This comprised 1.32% of the total portfolio. The net change in shares for this position over the two quarters is -356,748. 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.
  • American Express Company (NYSE:AXP): On 06/30/2011, Eaton Vance Management reported holding 10,398,896 shares with a market value of $537,622,931. This comprised 1.07% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 11,416,296 shares with a market value of $512,591,708. This comprised 1.19% of the total portfolio. The net change in shares for this position over the two quarters is 1,017,400. 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.
  • U.s. Bancorp (NYSE:USB): On 06/30/2011, Eaton Vance Management reported holding 15,569,024 shares with a market value of $397,165,806. This comprised 0.79% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 16,725,841 shares with a market value of $393,726,312. This comprised 0.91% of the total portfolio. The net change in shares for this position over the two quarters is 1,156,817. 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.
  • Prudential Financial Inc. (NYSE:PRU): On 06/30/2011, Eaton Vance Management reported holding 8,269,800 shares with a market value of $525,876,583. This comprised 1.04% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 7,705,058 shares with a market value of $361,059,023. This comprised 0.84% of the total portfolio. The net change in shares for this position over the two quarters is -564,742. About Company: Prudential Financial, Inc. provides financial services throughout the United States and several locations worldwide. The Company offers a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, real estate brokerage, and relocation services.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Eaton Vance Management reported holding 13,230,657 shares with a market value of $580,428,908. This comprised 1.15% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 12,855,790 shares with a market value of $360,090,681. This comprised 0.84% of the total portfolio. The net change in shares for this position over the two quarters is -374,867. 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.
  • Avalonbay Communities Inc. (NYSE:AVB): On 06/30/2011, Eaton Vance Management reported holding 2,302,144 shares with a market value of $295,595,276. This comprised 0.59% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 2,700,929 shares with a market value of $308,040,961. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is 398,785. About Company: AvalonBay Communities, Inc. is a self-managed, fully-integrated multi-family real estate investment trust. The Company focuses on the ownership and operation of institutional-quality apartment communities in high barrier-to-entry markets of the United States. The markets are located in Northern and South California and in the Mid-Atlantic, Northeast, Midwest and Pacific Northwest region.
  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, Eaton Vance Management reported holding 4,260,530 shares with a market value of $567,033,922. This comprised 1.12% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 3,024,199 shares with a market value of $285,938,025. This comprised 0.66% of the total portfolio. The net change in shares for this position over the two quarters is -1,236,331. 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.
  • Simon Property Group Inc. (NYSE:SPG): On 06/30/2011, Eaton Vance Management reported holding 1,865,158 shares with a market value of $216,787,321. This comprised 0.43% of the total portfolio. On 09/30/2011, Eaton Vance Management reported holding 2,394,742 shares with a market value of $263,373,733. This comprised 0.61% of the total portfolio. The net change in shares for this position over the two quarters is 529,584. 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.

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

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