SEC Filing Summary: Genworth Financial, Inc. (Form 13F-HR)
Business Context and Reporting Period
This filing is a Form 13F Holdings Report submitted by Genworth Financial, Inc., an institutional investment manager, for the quarter ended June 30, 2009. The report was signed on August 11, 2009, by Patricia Merrill, Senior Counsel. The filing covers the investment portfolio managed by Genworth Financial, Inc. and includes one other included manager: Genworth Financial Asset Management, Inc. (File Number 28-11546).
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings and does not contain the company's own operating financials (revenue, profit, cash flow, or debt). The following metrics relate to the reported investment portfolio:
- Total Portfolio Value: $1,625,036,000 (1,625,036 in thousands).
- Total Number of Holdings: 343 lines of securities.
- Investment Discretion: Sole discretion for all reported holdings.
- Top Holdings by Value (Selected):
- Ishares Tr Barclays Sh Trea ETF: $294,196,000
- Ishares Tr Iboxx Inv Cpbd ETF: $175,542,000
- Ishares Tr S&P500 Grw ETF: $92,127,000
- Ishares Tr S&P 500 Index ETF: $84,533,000
- Procter & Gamble Co: $23,426,000
Material Changes
The filing text does not provide comparative data for the prior quarter (March 31, 2009). Consequently, material changes in holdings, additions, or deletions versus the prior period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory reports of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency disclosures regarding the reporting manager's business operations. The filing indicates that all holdings are reported in this document.
Investor Verification Checklist
- Verify the total portfolio value of approximately $1.63 billion against the company's latest 10-Q or 10-K to understand the proportion of assets under management.
- Note the significant allocation to Exchange Traded Funds (ETFs), particularly fixed income (Barclays Short Treasury, IBOXX Investment Grade) and equity index funds (S&P 500, Russell), indicating a passive or index-heavy strategy for a large portion of the portfolio.
- Confirm the inclusion of Genworth Financial Asset Management, Inc. as a related manager to ensure full scope of the firm's reported activities.
- Review the specific equity positions (e.g., Procter & Gamble, Walgreen, Wal-Mart) to assess sector concentration relative to the firm's insurance and financial services core business.