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 September 30, 2007. The report was signed on November 2, 2007, by Patricia Merrill, Senior Counsel. The filing includes holdings managed by Genworth Financial, Inc. and one other included manager, Genworth Financial Asset Management, Inc. (File No. 28-11546).
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the company's own operating financials (revenue, profit, cash flow). The following metrics reflect the portfolio managed by the reporting entity:
- Total Portfolio Value: $2,464,982,000 (approx. $2.46 billion).
- Total Number of Holdings: 574 distinct entries.
- Largest Single Holding (by Value): W Holding Co. Inc. ($1,919,751,000).
- Debt and Liquidity: Not applicable; this form does not report the manager's corporate debt or liquidity positions.
Material Changes and Portfolio Composition
The filing lists 574 equity positions. While specific quarter-over-quarter changes are not explicitly detailed in the text provided, the portfolio demonstrates significant concentration in specific large-cap positions. Notable holdings include:
- W Holding Co. Inc.: 1,919,751 shares valued at $1,919,751,000.
- NTT DoCoMo Inc: 1,096,784 shares valued at $1,096,784,000.
- Lear Corporation: 1,034,319 shares valued at $1,034,319,000.
- Oracle Corporation: 1,212,969 shares valued at $1,212,969,000.
- Mitsubishi UFJ Fin Group: 1,825,945 shares valued at $1,825,945,000.
The portfolio is diversified across sectors including Technology, Financials, Consumer Staples, and Industrials, with a mix of domestic and international (ADR) securities.
Guidance, Outlook, and Risks
Guidance and Outlook: Form 13F filings are historical disclosures of holdings and do not contain management guidance, earnings outlooks, or strategic commentary regarding the reporting manager's future performance.
Risks and Contingencies: The filing does not disclose specific risk factors or contingencies. However, the concentration of value in a small number of large-cap stocks (e.g., W Holding Co. and Mitsubishi UFJ) represents a significant concentration risk within the reported portfolio.
Key Facts for Investor Verification
- Reporting Entity: Verify that the holdings belong to Genworth Financial, Inc. and its subsidiary, Genworth Financial Asset Management, Inc.
- Concentration Risk: Note that the top 5 holdings represent a substantial portion of the total $2.46 billion reported value.
- Scope of Data: Confirm that this document reflects only long-term equity holdings (stocks, ADRs, and certain funds) and does not include derivatives, short positions, or fixed-income securities.
- Valuation Date: All values are based on market prices as of September 30, 2007.