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, 2011. The report was signed on August 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. (File Number 28-11546).
Key Financial Metrics
As this is a Form 13F filing, it reports equity holdings and does not contain the company's own operating revenue, profit, or cash flow data. The following metrics reflect the reported investment portfolio:
- Total Portfolio Value: $2,045,048,000 (approx. $2.05 billion).
- Total Number of Holdings: 391 lines.
- Investment Discretion: Sole discretion for all reported holdings.
- Top Holdings by Value:
- SPDR Gold Trust: $258,828,000
- United Technologies Corp: $14,702,000
- Triumph Group Inc: $15,017,000
- ISHARES TR BARCLY USAGG B ETF: $74,331,000
- SPDR S&P 500 ETF TR: $73,215,000
Material Changes and Portfolio Composition
The filing does not provide comparative data against the prior quarter (March 31, 2011) to determine material changes in holdings. However, the portfolio composition for the period ended June 30, 2011, indicates a diversified strategy with significant exposure to:
- Exchange-Traded Funds (ETFs): A substantial portion of the portfolio is allocated to broad market and sector ETFs, including significant positions in bond ETFs (e.g., Barclays Aggregate Bond, Treasury Inflation-Protected Securities) and equity ETFs (e.g., S&P 500, MSCI Emerging Markets).
- Commodities: A notable position in the SPDR Gold Trust ($258.8 million).
- Equity Sectors: Holdings span financials, industrials, technology, healthcare, and consumer staples, with individual stock positions ranging from a few thousand dollars to over $15 million.
Guidance, Outlook, and Risks
Form 13F filings are statutory reports of holdings and do not contain management commentary, forward-looking guidance, or risk disclosures regarding the reporting manager's own business operations. No outlook or contingency information is provided in this document.
Key Facts for Investor Verification
- Portfolio Size: Verify the total reported value of approximately $2.05 billion against the firm's total assets under management (AUM) to understand the scope of this specific report.
- Gold Exposure: Note the significant allocation to gold ($258.8 million), representing roughly 12.7% of the reported portfolio value.
- ETF Concentration: Confirm the extent of passive investing via ETFs versus active stock picking, as a large percentage of the 391 holdings are ETFs.
- Reporting Scope: Acknowledge that this report includes holdings for "Genworth Financial Wealth Management, Inc." in addition to the primary filer.
- Missing Data: This filing does not provide data on Genworth Financial's own insurance or financial services revenue, earnings, or debt levels; those metrics must be sourced from 10-Q or 10-K filings.