World Asset Management: Trims Back These Services Stock Positions in Q3

Wall St. Watchdog reveals information regarding World Asset Management’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 294 stocks in the Services sector at the end of the quarter with an aggregate market value of $421.148 million.

Marriott International Inc. (NYSE:MAR): On 06/30/2011, World Asset Management reported holding 709,574 shares with a market value of $25,182,782. This comprised 0.49% of the total portfolio. On 09/30/2011, World Asset Management reported holding 701,553 shares with a market value of $19,110,304. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is -8,021. About Company: Marriott International Inc. is a worldwide operator and franchisor of hotels. The Company franchises lodging facilities and vacation timesharing resorts under various brand names. Marriott also provides services to home and condominium owner associations for projects associated with several of its brands.

Wal-mart Stores Inc. (NYSE:WMT): On 06/30/2011, World Asset Management reported holding 392,456 shares with a market value of $20,855,112. This comprised 0.41% of the total portfolio. On 09/30/2011, World Asset Management reported holding 338,469 shares with a market value of $17,566,542. This comprised 0.46% of the total portfolio. The net change in shares for this position over the two quarters is -53,987. About Company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.

Mcdonald’s Corp. (NYSE:MCD): On 06/30/2011, World Asset Management reported holding 222,215 shares with a market value of $18,737,169. This comprised 0.37% of the total portfolio. On 09/30/2011, World Asset Management reported holding 197,738 shares with a market value of $17,365,351. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is -24,477. About Company: McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.

Amazon.com Inc. (NASDAQ:AMZN): On 06/30/2011, World Asset Management reported holding 81,452 shares with a market value of $16,656,120. This comprised 0.33% of the total portfolio. On 09/30/2011, World Asset Management reported holding 73,940 shares with a market value of $15,988,046. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is -7,512. About Company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.

Comcast Corporation (NASDAQ:CMCSA): On 06/30/2011, World Asset Management reported holding 590,443 shares with a market value of $14,961,826. This comprised 0.29% of the total portfolio. On 09/30/2011, World Asset Management reported holding 528,963 shares with a market value of $11,065,906. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is -61,480. About Company: Comcast Corporation is a provider of video, high-speed Internet and phone services. The Company offers a variety of entertainment, information and communications services to residential and commercial customers. Comcast is headquartered in Philadelphia, Pennsylvania.

The Home Depot Inc. (NYSE:HD): On 06/30/2011, World Asset Management reported holding 366,793 shares with a market value of $13,285,243. This comprised 0.26% of the total portfolio. On 09/30/2011, World Asset Management reported holding 328,919 shares with a market value of $10,811,567. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is -37,874. About Company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.

United Parcel Service Inc. (NYSE:UPS): On 06/30/2011, World Asset Management reported holding 191,541 shares with a market value of $13,969,085. This comprised 0.27% of the total portfolio. On 09/30/2011, World Asset Management reported holding 168,191 shares with a market value of $10,621,262. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is -23,350. About Company: United Parcel Service, Inc.(NYSE:UPS) delivers packages and documents throughout the United States and in other countries and territories. The Company also provides global supply chain services and less-than-truckload transportation, primarily in the U.S. UPS’s business consists of integrated air and ground pick-up and delivery network

Walt Disney Co. (NYSE:DIS): On 06/30/2011, World Asset Management reported holding 391,089 shares with a market value of $15,268,115. This comprised 0.3% of the total portfolio. On 09/30/2011, World Asset Management reported holding 341,071 shares with a market value of $10,286,701. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is -50,018. About Company: The Walt Disney Company, an entertainment company, conducts operations in media networks, studio entertainment, theme parks and resorts, consumer products, and Internet and direct marketing. The Company produces motion pictures, television programs, and musical recordings, as well as publishes books and magazines. Disney also operates ABC radio and television and theme parks.

Cvs Caremark Corporation (NYSE:CVS): On 06/30/2011, World Asset Management reported holding 312,076 shares with a market value of $11,727,817. This comprised 0.23% of the total portfolio. On 09/30/2011, World Asset Management reported holding 279,108 shares with a market value of $9,375,238. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is -32,968. About Company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico.

Visa Inc. (NYSE:V): On 06/30/2011, World Asset Management reported holding 112,501 shares with a market value of $9,479,335. This comprised 0.19% of the total portfolio. On 09/30/2011, World Asset Management reported holding 102,873 shares with a market value of $8,818,274. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is -9,628. About Company: Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.

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

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com