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, 2011. The report was signed on November 9, 2011, by Patricia Merrill, Senior Counsel. The filing covers the investment portfolio managed by Genworth Financial, Inc. and includes one other included manager: Genworth Financial Wealth Management, Inc.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings and does not contain the company's own operating revenue, profit, or cash flow statements. The following metrics reflect the reported investment portfolio:
- Total Portfolio Value: $2,602,977,000 (approx. $2.6 billion)
- Total Number of Holdings: 416 lines
- Investment Discretion: Sole discretion for all reported positions.
- Top Holdings by Value (Selected):
- ISHARES TR BARCLYS SH TREA ETF: $515,413,000
- VANGUARD BD INDEX FD INC SHORT TRM BOND ETF: $257,537,000
- ISHARES TR BARCLY USAGG B ETF: $109,837,000
- SPDR S&P 500 ETF TR: $82,191,000
- TRIUMPH GROUP INC: $13,773,000
Material Changes and Portfolio Composition
The filing text does not provide comparative data for the prior quarter; therefore, material changes in holdings versus the prior period cannot be determined from this document alone. The portfolio composition indicates a significant allocation to fixed income and broad market index funds:
- Fixed Income & ETFs: A substantial portion of the portfolio is allocated to bond ETFs (e.g., iShares Barclays Short Treasury, Vanguard Short Term Bond) and broad equity ETFs (e.g., SPDR S&P 500, iShares MSCI EAFE).
- Equity Holdings: The portfolio includes direct equity positions in major corporations such as McDonald's Corp ($10.9M), Electronic Arts Inc ($7.8M), and United Technologies Corp ($7.6M).
- Geographic Diversification: Holdings include significant exposure to international markets via ADRs and international ETFs (e.g., MSCI Emerging Markets, MSCI Europe).
Guidance, Outlook, and Risks
This Form 13F filing is a statutory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding Genworth Financial's own business operations. The filing represents a snapshot of assets under management at the end of the reporting period.
Investor Verification Checklist
- Verify the total portfolio value of $2.6 billion against the company's total assets under management (AUM) reported in their 10-Q or 10-K filings.
- Compare the 416 reported holdings against the prior quarter's 13F filing to identify specific buy/sell activity.
- Review the concentration of fixed income ETFs (over $500M in short-term treasuries) to assess liquidity management strategies.
- Confirm the inclusion of "Genworth Financial Wealth Management, Inc." as a separate reporting entity to ensure no double-counting of assets.