SHUFRO Rose & Co. has current portfolio of $964 million with General Electric Company (NYSE:GE), Intel Corporation (NASDAQ:INTC), Corning Incorporated (NYSE:GLW) as its top stock holdings. The recent SEC 13F filing by SHUFRO Rose & Co. on October 14, 2014 indicated Information Technology as its primary investment area.
General Electric Company (NYSE:GE) is the primary stock holding of SHUFRO Rose & Co. with investments worth $36 million 1,436,641 shares of the company. General Electric Company (NYSE:GE) announced net revenues of $36.2 billion in its third quarter 2014 along with $3.5 billion in net earnings attributed to the company. The top three investors of General Electric Company (NYSE:GE) include Fisher Asset Management, D E Shaw, and Adage Capital management.
Intel Corporation (NASDAQ:INTC) comes at number two in SHUFRO Rose & Co.’s portfolio with 1,012,146 shares of the company at net market value of $35 million. It was an excellent quarter for Intel Corporation (NASDAQ:INTC) as the company announced record revenue of $14.6 billion during its third quarter 2014 with net income of $3.3 billion during this quarter. Some of the primary investors of the company include First Eagle Investment Management, Fisher Asset Management, and Renaissance Technologies.
Corning Incorporated (NYSE:GLW) comes at number three in terms of the largest stock holdings of SHUFRO Rose & Co. with 1,733,019 shares of the company at current market value of $33 million. Corning Incorporated (NYSE:GLW) reported core sales of $2.6 billion during its third quarter 2014 along with core EPS of 40 cents. The stocks of the company are trading at $19.49 with sudden boost from its third quarter results and it has current market cap of $24.38 billion along with 76% institutional ownership. Some of the primary investors of the company include Pzena Investment Management, Yacktman Asset Management, and Aqr Capital Management.
This article has been written by Prakash Pandey.