P.R. Herzig & Co. was founded in 1957 as a licensed dealer and an investment adviser to a loyal clientele of wealthy individuals, trusts and pension funds. The firm currently manages funds for families, firms, charitable foundations, and many others. According to its most recent SEC 13F filing on October 10th 2014, QUALCOMM, Inc. (NASDAQ:QCOM), General Motors Company (NYSE:GM), Potash Corp./Saskatchewan Inc. (TSE:POT) are its primary stock holdings.
QUALCOMM, Inc. (NASDAQ:QCOM) was the biggest investment of P.R. Herzig & Co. with an investment worth $3.5 million at the end of the third quarter. The company has invested extensively in the design and marketing of wireless telecommunication products and services in USA and 157 other countries across the globe. Early this year, the company acquired Black Sand Technologies Inc., a company specialized in power amplifier technology for wireless devices. QUALCOMM, Inc. (NASDAQ:QCOM) also has a number of subsidiaries such as FLO TV Inc, Flarion, Airgo Networks, and more.
General Motors Company (NYSE:GM) was the second largest investment of P.R. Herzig & Co. with an investment worth $2.9 Million at the end of the third quarter. The company is the world’s biggest car manufacturer, supplying global markets. The company also strives to offer unique features for drivers with special needs. The Detroit, Michigan-based Company recently announced that it would invest a total of $450 Million in two plants in Michigan. The company has been hit by recalls numbering about 30 million worldwide due to defects with parts. That has however not adversely affected the company’s sales or activities. Some of the company’s subsidiaries include GMC, Chevrolet, OnStar and more. A few of the company’s shareholders include Harris Associates L.P., Vanguard Group, Inc. (The), JP Morgan Chase & Company, and State Street Corporation.
Potash Corp./Saskatchewan Inc. (TSE:POT) emerged the third largest investment of P.R. Herzig & Co. with an investment value of $2.2 million. The company is the world’s largest producer of Potash and the third largest producer of phosphate and nitrogen, used in the production of fertilizer. The Canadian based corporation has the goal of being the supplier of choice in its niche market.
This article has been written by Victor Ochieng.
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