Hartford Investment Management Co is an investment management firm, managing customized equity, fixed income, and alternative investment market. The firm provides its services to high net work individuals, employee benefit plans, investment companies, among others. The firm submitted its SEC 13F Filings on November 14, 2014, for the financial quarter ended September 30, 2014. The filings indicated that the firm’s top three holdings are Apple Inc. (NASDAQ:AAPL), Exxon Mobil Corporation (NYSE:XOM), and Microsoft Corporation (NASDAQ:MSFT).
Apple Inc. (NASDAQ:AAPL) came top of the list of investments of Hartford Investment Management Co with investment worth $159.2 million. Apple Inc. (NASDAQ:AAPL) is a technology company based in Cupertino, California. The company is a producer of smartphones, tablets, desktop computers, among other devices. Apple Inc. (NASDAQ:AAPL) stock went high to trade above $114 after the company paid $2.9 billion in dividends to shareholders. The company is expected to give chip manufacturers a run for their money with its design and development of own chip for iPad Air under the name A8X.
Exxon Mobil Corporation (NYSE:XOM) was the second largest investment of the firm, with investment valued at $106 million. Exxon Mobil Corporation (NYSE:XOM) is the world’s largest oil and gas corporation. The company carries out exploration and production of oil and gas, mineral extractions, among other operations. Several traders purchased shares of Exxon Mobil Corporation (NYSE:XOM) after it went on a slump. JPMorgan Chase & Co reiterated their “neutral” rating on the stock while Jefferies Group analysts gave the stock a “hold” rating.
Microsoft Corporation (NASDAQ:MSFT) came forth as the third largest investment of Hartford Investment Management Co. Microsoft Corporation (NASDAQ:MSFT) designs and develops software and hardware products. The company’s products include Windows OS, server applications, business applications, Xbox 360 gaming console, Microsoft PC, just to mention a few. The company has acquired Aorato, which specializes in enterprise security. This is a move to give customers higher level security. In a bid to reach a bigger market, Microsoft Corporation (NASDAQ:MSFT) made Office software free on mobile devices and has unveiled the application for iPhones, iPads, among other devices.
This article has been written by Victor Ochieng.