Conning Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), Conning Inc. reported 317 stock positions worth $2.7 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 3.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 2.2%) and iShares Core S&P Small-Cap E (IJR, 1.7%). Compared with Q3 2024, it opened 13 new positions, sold out of 23, added to 71 and reduced 188. The biggest buy was Chevron (CVX, shares +1881%) and the biggest sale Target (TGT, shares −96%).

Most Recent 13F
Q2 2026
Location
HARTFORD, CT
CIK
0000801051
Portfolio Value
$2.7B (Q4 2024)
SEC Filing
0001085146-25-000536 ↗ filed Jan 28, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.9B Q1 2024 Q2 2024: $2.7B Q2 2024 Q3 2024: $2.9B Q3 2024 Q4 2024: $2.7B $2.7B Q4 2024 Q1 2025: $2.7B Q1 2025 Q2 2025: $2.8B Q2 2025 Q3 2025: $2.9B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.9B Q1 2026 Q2 2026: $3.2B Q2 2026

Holdings 317 stocks · $2.7B
SPY SS SPDR S&P 500 ETF Trust-US 3.20% 148,732 $87.2M No change
IVV iShares Core S&P 500 ETF 2.24% 103,465 $60.9M Reduce -1.6%
IJR iShares Core S&P Small-Cap E 1.67% 393,644 $45.4M No change
JPM JPMorgan Chase & Co. 1.52% 172,110 $41.3M Reduce -9.9%
ABBV Abbvie Inc. 1.44% 220,900 $39.3M Add +9.2%
CSCO Cisco Systems Inc. 1.42% 652,315 $38.6M Reduce -16.4%
GILD Gilead Sciences Inc. 1.41% 415,223 $38.4M Reduce -13.5%
KO The Coca-Cola Co. 1.40% 611,599 $38.1M Add +13.6%
PG The Procter & Gamble Co. 1.39% 225,424 $37.8M Reduce -0.8%
BLK BlackRock Inc. 1.38% 36,740 $37.7M Reduce -14.5%
MCD McDonald's Corp. 1.37% 128,531 $37.3M Reduce -3.0%
RTX RTX Corp. 1.36% 319,640 $37.0M Add +0.7%
XOM Exxon Mobil Corp. 1.36% 343,222 $36.9M Reduce -1.7%
ADP Automatic Data Processing 1.35% 125,570 $36.8M Reduce -9.8%
BMY Bristol-Myers Squibb Co. 1.35% 649,791 $36.8M Reduce -14.6%
UNP Union Pacific Corp. 1.35% 160,594 $36.6M Add +7.3%
ABT Abbott Laboratories 1.35% 323,701 $36.6M Reduce -2.4%
MS Morgan Stanley 1.34% 290,356 $36.5M Reduce -22.7%
PAYX Paychex Inc. 1.34% 260,200 $36.5M Reduce -7.7%
ADI Analog Devices Inc. 1.34% 171,645 $36.5M Add +0.6%
HD Home Depot Inc. 1.34% 93,744 $36.5M Reduce -14.1%
TXN Texas Instruments Inc. 1.34% 194,044 $36.4M Add +2.7%
AFL Aflac Inc. 1.33% 350,771 $36.3M Add +2.4%
PEP Pepsico Inc. 1.33% 238,381 $36.2M Add +10.0%
QCOM Qualcomm Inc. 1.33% 235,447 $36.2M Add +0.7%
COP Conocophillips 1.32% 363,411 $36.0M Add +4.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.32% 468,394 $36.0M Reduce -14.1%
CME Cme Group Inc. 1.32% 154,566 $35.9M Reduce -11.2%
CAT Caterpillar Inc. 1.31% 98,293 $35.7M Reduce -15.6%
CL Colgate-Palmolive Co. 1.31% 391,017 $35.5M Add +13.1%
MBB iShares MBS ETF 1.31% 387,672 $35.5M No change
KMB Kimberly-Clark Corp. 1.30% 270,938 $35.5M Add +6.8%
MDLZ Mondelez International Inc. Class A 1.30% 593,602 $35.5M Add +16.9%
LMT Lockheed Martin Corp. 1.29% 72,351 $35.2M Add +9.4%
AMP Ameriprise Financial Inc. 1.29% 66,021 $35.2M Reduce -21.1%
PNC PNC Financial Services Group 1.29% 182,250 $35.1M Reduce -11.0%
GD General Dynamics Corp. 1.29% 132,922 $35.0M Add +5.4%
GLW Corning Inc. 1.29% 735,984 $35.0M Reduce -16.5%
EOG EOG Resources Inc. 1.28% 284,463 $34.9M Reduce -5.8%
CMI Cummins Inc. 1.28% 99,650 $34.7M Reduce -20.1%
TRV The Travelers Cos Inc. 1.27% 143,597 $34.6M Reduce -11.6%
ITW Illinois Tool Works 1.27% 136,383 $34.6M Reduce -11.4%
BBY Best Buy Co. Inc. 1.27% 402,500 $34.5M Add +9.0%
UNH Unitedhealth Group Inc. 1.26% 67,793 $34.3M Reduce -1.6%
CVX Chevron Corp. 1.26% 236,466 $34.2M Add +1881.3%
CMCSA Comcast Corp. Class A 1.25% 905,875 $34.0M Reduce -8.7%
DOW Dow Inc. 1.25% 844,617 $33.9M Add +18.4%
SBUX Starbucks Corp. 1.25% 371,438 $33.9M Reduce -8.6%
GPC Genuine Parts Co. 1.24% 288,349 $33.7M Add +10.3%
JNJ Johnson & Johnson 1.22% 229,267 $33.2M Add +7.1%
HPQ HP Inc. 1.21% 1,010,955 $33.0M Reduce -3.7%
PKG Packaging Corp. of America 1.19% 143,602 $32.3M New
OMC Omnicom Group 1.14% 359,306 $30.9M Reduce -4.7%
AAPL Apple Inc. 1.06% 115,560 $28.9M Reduce -3.9%
NVDA Nvidia Corp. 1.01% 203,983 $27.4M Reduce -5.4%
PM Philip Morris International 0.99% 222,885 $26.8M Reduce -2.3%
SRLN SS Blackstone Sr Loan ETF 0.98% 641,275 $26.8M No change
MSFT Microsoft Corp. 0.90% 58,228 $24.5M Reduce -4.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.85% 217,697 $23.3M No change
EFA iShares MSCI Eafe ETF 0.84% 303,561 $23.0M Add +19.6%
MDY State Street SPDR S&P Midcap 0.84% 40,185 $22.9M Add +1.1%
VOO Vanguard S&P 500 ETF 0.79% 39,804 $21.4M Reduce -6.4%
IJH iShares Core S&P Midcap ETF 0.76% 330,740 $20.6M No change
SCHG Schwab US Large-Cap Growth 0.57% 554,636 $15.5M No change
IWM iShares Russell 2000 ETF 0.53% 64,939 $14.3M No change
VTI VG Morningstar TS MKT ETF-US 0.52% 49,266 $14.3M No change
IWR iShares Russell Mid-Cap ETF 0.46% 143,035 $12.6M No change
META Meta Platforms Inc. Class A 0.46% 21,518 $12.6M Reduce -8.4%
AMZN Amazon.com Inc. 0.46% 57,348 $12.6M Reduce -4.4%
BAB Invesco Taxable Municipal Bo 0.45% 470,000 $12.3M No change
PFF iShares Preferred & Income S 0.45% 390,500 $12.3M No change
GOOGL Alphabet Inc. Class A 0.44% 63,941 $12.1M Reduce -9.9%
PFFD Global X US Preferred ETF 0.42% 580,200 $11.3M No change
IWF iShares Russell 1000 Growth 0.36% 24,087 $9.7M No change
IWP iShares Russell Mid-Cap Grow 0.33% 70,615 $9.0M No change
AVGO Broadcom Inc. 0.31% 36,327 $8.4M Reduce -86.4%
V Visa Inc. Class A 0.31% 26,507 $8.4M Reduce -2.5%
IEFA iShares Core MSCI Eafe ETF 0.31% 118,845 $8.4M No change
LLY Eli Lilly & Co. 0.30% 10,615 $8.2M Add +4.0%
IWS iShares Russell Mid-Cap Valu 0.29% 60,882 $7.9M No change
MA Mastercard Inc. Class A 0.29% 14,756 $7.8M Reduce -2.2%
IEMG iShares Core MSCI Emerging 0.26% 137,998 $7.2M No change
COST Costco Wholesale Corp. 0.26% 7,822 $7.2M Reduce -3.6%
TSLA Tesla Inc. 0.25% 17,057 $6.9M Add +1.8%
WMT Walmart Inc. 0.24% 72,882 $6.6M Reduce -12.2%
HEDJ Wisdomtree Europe Hedged Equ 0.23% 144,030 $6.3M No change
TMO Thermo Fisher Scientific Inc. 0.22% 11,582 $6.0M Add +15.3%
INTU Intuit Inc. 0.22% 9,544 $6.0M Add +2.0%
CRM Salesforce Inc. 0.21% 17,261 $5.8M Reduce -20.6%
SCHV Schwab US Large-Cap Value 0.21% 215,745 $5.6M No change
DHR Danaher Corp. 0.20% 24,277 $5.6M Add +14.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.20% 45,473 $5.5M Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B 0.20% 11,829 $5.4M Reduce -4.7%
AMAT Applied Materials Inc. 0.20% 32,790 $5.3M Add +6.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.19% 46,711 $5.2M Reduce -16.0%
NKE Nike Inc. Class B 0.19% 67,663 $5.1M Add +7.3%
GOOG Alphabet Inc. Class C 0.19% 26,866 $5.1M Reduce -9.7%
KLAC KLA Corp. 0.19% 8,018 $5.1M Add +13.5%
ICE Intercontinental Exchange Inc. 0.18% 33,718 $5.0M Add +8.2%
BKNG Booking Holdings Inc. 0.18% 1,009 $5.0M Reduce -22.1%

Show all 317 holdings

Other holdings (27): bonds, preferreds, convertibles and warrants · $132.6M (not counted above)
SecurityClassShares / PrincipalValueChange
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal 7,300,000$7.7MNo change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 6,235$7.6MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 6,065$7.1MNo change
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 6,435,000$6.4MNo change
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 6,300,000$6.1MNo change
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 5,735,000$6.0MNo change
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal 5,815,000$6.0MNo change
ALLIANT ENERGY CORP (LNT 3.875 03/15/26) NOTE 3.875% 3/1 · principal 5,650,000$5.8MNo change
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 5,800,000$5.7MNo change
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 5,700,000$5.6MReduce -7.3%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal 5,200,000$5.3MNo change
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal 5,200,000$5.3MNew
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal 1,950,000$5.2MNo change
ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) NOTE 1.750% 8/1 · principal 5,250,000$4.7MNo change
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal 4,675,000$4.6MNo change
TETRA TECH INC (TTEK 2.25 08/15/28) DBCV 2.250% 8/1 · principal 3,900,000$4.6MNo change
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 4,200,000$4.6MNew
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 3,600,000$4.3MNo change
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 3,690,000$4.2MNo change
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 4,170,000$3.9MNo change
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 3,600,000$3.7MNo change
ENPHASE ENERGY INC (ENPH 0 03/01/26) NOTE 3/0 · principal 3,900,000$3.6MNo change
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) NOTE 7.500% 8/0 · principal 3,600,000$3.6MNo change
BLOCK INC (XYZ 0.125 03/01/25) NOTE 0.125% 3/0 · principal 3,600,000$3.5MNo change
VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) NOTE 2.250% 6/1 · principal 3,450,000$3.4MNo change
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 3,000,000$3.3MNo change
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) NOTE 2.250% 9/1 · principal 750,000$672KNo change

Total filed on the 13F, all lines: $2.9B.

Portfolio Sells Q3 2024 → Q4 2024
TGT Target Corp. Reduce -95.8% 0.05% −1.28
AVGO Broadcom Inc. Reduce -86.4% 0.31% −1.28
CAT Caterpillar Inc. Reduce -15.6% 1.31% −0.26
OMC Omnicom Group Reduce -4.7% 1.14% −0.21
HD Home Depot Inc. Reduce -14.1% 1.34% −0.19
CMCSA Comcast Corp. Class A Reduce -8.7% 1.25% −0.18
UNH Unitedhealth Group Inc. Reduce -1.6% 1.26% −0.13
ITW Illinois Tool Works Reduce -11.4% 1.27% −0.12
SBUX Starbucks Corp. Reduce -8.6% 1.25% −0.12
CMI Cummins Inc. Reduce -20.1% 1.28% −0.12
GLW Corning Inc. Reduce -16.5% 1.29% −0.09
HPQ HP Inc. Reduce -3.7% 1.21% −0.09
AMP Ameriprise Financial Inc. Reduce -21.1% 1.29% −0.07
XOM Exxon Mobil Corp. Reduce -1.7% 1.36% −0.06
TRV The Travelers Cos Inc. Reduce -11.6% 1.27% −0.04
XEXGX Eaton Vance Tax-Managed Glob Sold out 0.00% −0.04
BNY Bank of New York Mellon Corp. Reduce -14.1% 1.32% −0.03
CSQ Calamos Strat TTL RTRN FND Sold out 0.00% −0.03
BLK BlackRock Inc. Reduce -14.5% 1.38% −0.03
MCD McDonald's Corp. Reduce -3.0% 1.37% −0.02
UTF Cohen & Steers Infrastructur Reduce -15.0% 0.10% −0.02
AMD Advanced Micro Devices Reduce -6.3% 0.05% −0.02
CSCO Cisco Systems Inc. Reduce -16.4% 1.42% −0.02
PNC PNC Financial Services Group Reduce -11.0% 1.29% −0.02
MRK Merck & Co. Inc. Reduce -3.7% 0.13% −0.01
IVW iShares S&P 500 Growth ETF Reduce -18.1% 0.17% −0.01
ELV Elevance Health Inc. Reduce -19.9% 0.02% −0.01
BGT BlackRock Fltng RT Inc. TR Sold out 0.00% −0.01
MS Morgan Stanley Reduce -22.7% 1.34% −0.01
CCI Crown Castle Inc. Sold out 0.00% −0.01
BGR BlackRock Enrgy & Res TR Sold out 0.00% −0.01
PHM Pultegroup Inc. Sold out 0.00% −0.01
VZ Verizon Communications Inc. Reduce -11.2% 0.05% −0.01
BMY Bristol-Myers Squibb Co. Reduce -14.6% 1.35% −0.01
BDJ BlackRock Enhanced Eqty DVD Sold out 0.00% −0.01
MCHP Microchip Technology Inc. Sold out 0.00% −0.01
IJT iShares S&P Small-Cap 600 GR Reduce -34.2% 0.02% −0.01
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.01
DLR Digital Realty Trust Inc. Sold out 0.00% −0.01
OTIS Otis Worldwide Corp. Sold out 0.00% −0.01
REGN Regeneron Pharmaceuticals Reduce -11.7% 0.01% −0.01
MPWR Monolithic Power Systems Inc. Sold out 0.00% −0.01
PFE Pfizer Inc. Reduce -8.1% 0.07% −0.01
WAB Wabtec Corp. Sold out 0.00% −0.01
IR Ingersoll-Rand Inc. Sold out 0.00% −0.01
O Realty Income Corp. Sold out 0.00% −0.01
IRM Iron Mountain Inc. Sold out 0.00% −0.01
IJS iShares S&P Small-Cap 600 Va Reduce -31.6% 0.02% −0.01
BKR Baker Hughes Co. Sold out 0.00% −0.01
CNC Centene Corp. Sold out 0.00% −0.01

Portfolio Buys Q3 2024 → Q4 2024
CVX Chevron Corp. Add +1881.3% 1.26% +1.20
PKG Packaging Corp. of America New 1.19% +1.19
EFA iShares MSCI Eafe ETF Add +19.6% 0.84% +0.11
TSLA Tesla Inc. Add +1.8% 0.25% +0.10
UNP Union Pacific Corp. Add +7.3% 1.35% +0.07
CL Colgate-Palmolive Co. Add +13.1% 1.31% +0.07
ABBV Abbvie Inc. Add +9.2% 1.44% +0.06
KO The Coca-Cola Co. Add +13.6% 1.40% +0.06
PEP Pepsico Inc. Add +10.0% 1.33% +0.06
MDY State Street SPDR S&P Midcap Add +1.1% 0.84% +0.06
KMB Kimberly-Clark Corp. Add +6.8% 1.30% +0.06
COP Conocophillips Add +4.1% 1.32% +0.05
RTX RTX Corp. Add +0.7% 1.36% +0.03
VMRK Vivmark Residential New 0.03% +0.03
ETN Eaton Corp. PLC Add +75.2% 0.06% +0.03
PLTR Palantir Technologies Inc. Class A New 0.02% +0.02
CRH CRH PLC New 0.02% +0.02
JNJ Johnson & Johnson Add +7.1% 1.22% +0.02
INTU Intuit Inc. Add +2.0% 0.22% +0.02
PSA Public Storage Add +156.8% 0.03% +0.02
NOW ServiceNow Inc. Add +15.7% 0.05% +0.02
WMB Williams Cos Inc. Add +5.0% 0.06% +0.01
ACM Aecom New 0.01% +0.01
FISV Fiserv Inc. Add +22.1% 0.04% +0.01
KKR KKR & Co. Inc. New 0.01% +0.01
CRWD CrowdStrike Holdings Inc. Class A New 0.01% +0.01
ISRG Intuitive Surgical Inc. Add +7.4% 0.07% +0.01
ICE Intercontinental Exchange Inc. Add +8.2% 0.18% +0.01
EQT Eqt Corp. New 0.01% +0.01
MDLZ Mondelez International Inc. Class A Add +16.9% 1.30% +0.01
AFL Aflac Inc. Add +2.4% 1.33% +0.01
VST Vistra Corp. New 0.01% +0.01
TSCO Tractor Supply Company New 0.01% +0.01
DKS Dick's Sporting Goods Inc. Add +55.9% 0.02% +0.01
OKE Oneok Inc. Add +7.1% 0.04% +0.01
DAL Delta Air Lines Inc. New 0.01% +0.01
ETR Entergy Corp. New 0.01% +0.01
TRGP Targa Resources Corp. New 0.01% +0.01
C Citigroup Inc. Add +3.7% 0.04% +0.01
GEV GE Vernova Inc. Add +19.8% 0.02% +0.01
ANET Arista Networks Inc. Add +17.9% 0.02% +0.01
TMO Thermo Fisher Scientific Inc. Add +15.3% 0.22% +0.01
MCO Moody's Corp. Add +42.2% 0.02% +0.01
BA The Boeing Co. Add +1.1% 0.03% +0.01
MRSH Marsh & McLennan Cos Add +1.8% 0.16% +0.00
IBM Intl Business Machines Corp. Add +7.0% 0.04% +0.00
RCL Royal Caribbean Cruises Ltd. Add +17.7% 0.01% +0.00
SPGI S&P Global Inc. Add +5.7% 0.05% +0.00
SYK Stryker Corp. Add +5.1% 0.03% +0.00
NTAP Netapp Inc. Add +12.5% 0.03% +0.00

Notes & Other Activity Q3 2024 → Q4 2024
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal Reduce -7.3% 5,700,000 $5.6M
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal New 5,200,000 $5.3M
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal New 4,200,000 $4.6M
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal Sold out 4,050,000 $4.0Mbefore exit
VERINT SYSTEMS INC (VRNT 0.25 04/15/26) NOTE 0.250% 4/1 · principal Sold out 3,750,000 $3.5Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 305$3.2BSPY, IVV, SPHY, IJR, GLW
Q1 2026 288$2.9BSPY, IVV, IJR, XOM, COP
Q4 2025 317$2.8BSPY, IVV, IJR, JPM, MRK
Q3 2025 323$2.9BSPY, IVV, IJR, JPM, CAT
Q2 2025 314$2.8BSPY, IVV, IJR, JPM, CAT
Q1 2025 323$2.7BSPY, IVV, UNH, IJR, XOM
Q4 2024 317$2.7BSPY, IVV, IJR, JPM, ABBV
Q3 2024 327$2.9BSPY, IVV, IJR, AVGO, CAT
Q2 2024 328$2.7BSPY, IVV, AVGO, IJR, JPM
Q1 2024 331$2.9BSPY, IVV, LQD, IJR, JPM