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 March 31, 2010. The report was signed on May 5, 2010, 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. (File Number 28-11546).
Key Financial Metrics
As this is a Form 13F filing, it reports equity holdings rather than the operating financial performance (revenue, profit, cash flow) of Genworth Financial, Inc. itself. The following metrics reflect the reported investment portfolio:
- Total Portfolio Value: $1,145,335,000 (1,145,335 in thousands).
- Total Number of Holdings: 254 lines.
- Top Holdings by Value:
- International Business Machines (IBM): $33,701,000
- Procter & Gamble Co: $21,631,000
- Lowes Cos Inc: $23,234,000
- Target Corp: $16,476,000
- United Technologies Corp: $16,565,000
- Asset Classes: The portfolio consists primarily of common stocks and Exchange Traded Funds (ETFs), including significant holdings in iShares Trust ETFs (e.g., MSCI Emerging Markets, S&P 500 Growth).
Material Changes Versus Prior Period
The filing text provided does not contain comparative data for the prior quarter (December 31, 2009). Consequently, material changes in holdings, additions, or deletions 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. No such information is present in this text.
Important Facts for Investor Verification
- Portfolio Concentration: Verify the top 10 holdings to understand the portfolio's sector exposure (notably Technology, Consumer Staples, and Industrials).
- ETF Exposure: Note the significant allocation to iShares ETFs, which indicates a passive or index-tracking strategy for a portion of the assets.
- Reporting Scope: Confirm that this report includes holdings for both Genworth Financial, Inc. and Genworth Financial Wealth Management, Inc.
- Valuation Timing: All values are reported as of March 31, 2010; market fluctuations since that date are not reflected.
- Missing Data: This document does not provide Genworth Financial's own operating revenue, debt levels, or liquidity position.