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 calendar quarter ended December 31, 2008. The report was signed on February 12, 2009. It discloses equity securities held by the manager and includes holdings reported by one other included manager: Genworth Financial Wealth Management, Inc. (formerly Genworth Asset Management, Inc.).
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance (revenue, profit, cash flow) of Genworth Financial, Inc. itself. The following metrics relate to the reported investment portfolio:
- Total Portfolio Value: $1,443,846,000 (1,443,846 in thousands).
- Total Number of Holdings: 333 lines of securities.
- Top Holdings by Value:
- Mitsubishi UFJ Financial Group: $2,435,826 (Note: Value appears to be in thousands based on column header, but magnitude suggests potential data anomaly or specific unit scaling in source; listed as 2,435,826 in source text).
- ISHARES TR S&P500 GRW ETF: $1,517,980 (thousands).
- FIFTH STREET FINANCE CORP: $1,473,379 (thousands).
- ADAPTEC INC: $1,383,156 (thousands).
- LOWES COS INC: $1,024,307 (thousands).
- Asset Classes: The portfolio includes a mix of individual equities (domestic and international ADRs) and Exchange Traded Funds (ETFs) covering sectors such as utilities, energy, and broad market indices.
Material Changes vs. Prior Period
The filing text provided does not contain comparative data for the prior quarter (September 30, 2008). Consequently, material changes in holdings, buy/sell activity, or portfolio composition relative to the previous period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are historical disclosures of holdings and do not contain management commentary, forward-looking guidance, or risk factors regarding the reporting manager's business operations. The filing indicates that the manager holds voting authority (Sole, Shared, or None) for the listed securities, but provides no strategic outlook.
Investor Verification Checklist
- Portfolio Concentration: Verify the concentration risk in the top 5 holdings, which represent a significant portion of the reported $1.44 billion portfolio value.
- Financial Sector Exposure: Note significant holdings in financial institutions (e.g., Mitsubishi UFJ, Fifth Street Finance, National City Corp) during the 2008 financial crisis period.
- ETF Usage: Confirm the extent of passive exposure through the numerous iShares, SPDR, and Vanguard ETFs listed.
- Related Party Reporting: Acknowledge that the total value includes holdings managed by "Genworth Financial Wealth Management, Inc."
- Operating Performance: To assess Genworth Financial's own financial health (revenue, debt, liquidity), investors must refer to the company's Form 10-K or 10-Q filings, as this 13F only reflects their investment management activities.