Carnegie Capital Asset Management was founded in 1974 as an investment management firm. The firm operates exclusively on fee, meaning it doesn’t accept commissions for investments. According to its most recent SEC 13F filing on October 10, 2014, its primary stock holdings are Exxon Mobil Corporation (NYSE:XOM), Apple Inc. (NASDAQ:AAPL), and Johnson & Johnson (NYSE:JNJ).
Exxon Mobil Corporation (NYSE:XOM) was the primary investment of Carnegie Capital Asset Management with investments worth $12.8 million at the end of the third quarter. The oil and gas company is known to make huge capital investments every year. Exxon Mobil Corporation (NYSE:XOM) is planning to invest about $38 billion every year through 2017. Exxon Mobil Corporation (NYSE:XOM) has its headquarters in Irving, Texas. It’s considered the largest company in the world nn terms of revenue. Some of the company’s subsidiaries are Aera Energy, Esso, Exxon Neftegas, SeaRiver Maritime.
Apple Inc. (NASDAQ:AAPL) was the second largest investment of Carnegie Capital Asset Management with investment worth $8.3 million at the end of the third quarter. Apple Inc. (NASDAQ:AAPL) is respected for the production of high end gadgets, including smartphones, laptops, and desktops. The company is currently working on a wearable to be released early 2015. Apple Inc. (NASDAQ:AAPL) invests in high end technology and online businesses. The company recently acquired PRss, Beats Electronics, BookLamp, just to mention a few. The company has stakes worth $12.5 million in Akamai Technologies and $4.7 million in stake at Imagination Technologies.
Johnson & Johnson (NYSE:JNJ) was posted as the third largest investment of Carnegie Capital Asset Management with investment worth $7 million at the end of the third quarter. Johnson & Johnson (NYSE:JNJ) deals with pharmaceutical products and has several subsidiaries, most of them being within the medical industry. Some of these subsidiaries include Depuy, Advanced Sterilization Products Services Inc., Animas Corporation, Crescendo Pharmaceuticals Corporation, and more. Institutions that have invested in Johnson & Johnson (NYSE:JNJ) include Notable shares include JPMorgan Chase & Co, and Barclays Global Investors UK Holdings Ltd.
Related News:
Exxon Mobil Corporation (XOM) Bags $1.6 Billion Settlement Claim Against Venezuela Government
Read: Warren Buffett and Billionaires Are Crazy About These 7 Stocks
