-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P6/+2ZPpbSexB4ja/t0AbJm5qf9Jv/myngyyBtHWF0ejEZ7Ltt4iBFSTMC0aXRg6 ne0A+6FumxrKmePjYNI30A== 0000715165-06-000032.txt : 20061106 0000715165-06-000032.hdr.sgml : 20061106 20061106095547 ACCESSION NUMBER: 0000715165-06-000032 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060930 FILED AS OF DATE: 20061106 DATE AS OF CHANGE: 20061106 EFFECTIVENESS DATE: 20061106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wright Managed Equity Trust CENTRAL INDEX KEY: 0000703499 IRS NUMBER: 046481187 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-03489 FILM NUMBER: 061188877 BUSINESS ADDRESS: STREET 1: THE EATON VANCE BUILDING STREET 2: 255 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-482-8260 MAIL ADDRESS: STREET 1: THE EATON VANCE BUILDING STREET 2: 255 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: WRIGHT MANAGED EQUITY TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: EQUITY FUND FOR BANK TRUST DEPARTMENTS EQBT FUND DATE OF NAME CHANGE: 19880218 0000703499 S000009482 Wright Selected Blue Chip Equities Fund C000025949 Wright Selected Blue Chip Equities Fund WSBEX 0000703499 S000009483 WrightMajor Blue Chip Equities Fund C000025950 Wright Major Blue Chip Equities Fund WQCEX 0000703499 S000009484 Wright International Blue Chip Equities Fund C000025951 Wright International Blue Chip Equities Fund WIBCX N-Q 1 eqformnqsept06.txt EQUITY TRUST PORTFOLIO HOLDINGS FOR 09/30/2006 Form N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act File Number: 811-3489 The Wright Managed Equity Trust ----------------------------------- (Exact Name of Registrant as Specified in Charter) The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109 ------------------------------------------------------------------------- (Address of Principal Executive Offices) Alan R. Dynner The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109 ------------------------------------------------------------------------ (Name and Address of Agent for Services) (617) 482-8260 ----------------- (Registrant's Telephone Number) December 31 --------------- Date of Fiscal Year End September 30, 2006 -------------------- Date of Reporting Period - ------------------------------------------------------------------------------- ITEM 1. SCHEDULE OF INVESTMENTS WRIGHT SELECTED BLUE CHIP EQUITIES FUND (WSBC) - ------------------------------------------------------------------------------- SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2006 (unaudited) Shares Value EQUITY INTERESTS - 99.7% AUTOMOBILES & COMPONENTS - 3.0% Arvinmeritor Inc.................... 12,245 $ 174,369 Borg-Warner Automotive Inc.......... 9,095 519,961 O'Reilly Automotive Inc *........... 7,620 253,060 Thor Industries Inc................. 5,430 223,553 ----------- $ 1,170,943 ----------- BANKS - 4.4% Associated Banc Corp................ 5,940 $ 193,050 Astoria Financial Corp.............. 14,787 455,735 City National Corp.................. 3,525 236,387 Colonial Bancgroup Inc.............. 10,615 260,068 Webster Financial Corp.............. 5,620 264,758 Wilmington Trust Corp............... 6,510 290,020 ----------- $ 1,700,018 ----------- CAPITAL GOODS - 11.7% Alliant Techsystem *................ 6,700 $ 543,102 Ametek Inc New...................... 5,235 227,984 Crane Company....................... 5,835 243,903 Graco Inc........................... 2,812 109,837 Jacobs Engineering *................ 9,100 680,043 Joy Global Inc...................... 5,325 200,273 MSC Industrial Direct-A............. 5,615 228,755 Precision Castparts Corp............ 12,230 772,447 SPX Corp............................ 9,195 491,381 Thomas & Betts Corp *............... 11,100 529,581 Timken Co........................... 10,905 324,751 Trinity Industries.................. 4,550 146,373 ----------- $ 4,498,430 ----------- COMMERCIAL SERVICES & SUPPLIES - 6.0% CSG Systems Int'l Inc *............. 6,410 $ 169,416 Career Education Corp *............. 4,935 111,038 Ceridan Corp-New *.................. 5,085 113,701 ITT Educational Services *.......... 2,595 172,049 Lincoln Electric Holdings........... 6,600 359,370 MPS Group, Inc. *................... 15,795 238,662 Manpower Inc........................ 10,615 650,381 Republic Services................... 7,485 300,972 Sotheby's Holdings Cl A............. 5,510 177,642 ----------- $ 2,293,231 ----------- COMMUNICATIONS EQUIPMENT - 1.8% Adtran Incorporated................. 4,745 $ 113,121 Commscope Inc. *.................... 8,265 271,588 Harris Corp......................... 6,945 308,983 ----------- $ 693,692 ----------- COMPUTERS & PERIPHERALS - 2.6% CDW Corp............................ 3,810 $ 235,001 Imation Corp........................ 4,405 176,861 Palm Inc *.......................... 14,620 212,867 Western Digital Corp *.............. 20,175 365,167 ----------- $ 989,896 ----------- CONSUMER DURABLES & APPAREL - 3.9% Beazer Homes USA Inc................ 3,290 $ 128,442 Gamestop Corp-Cl A *................ 7,105 328,819 Mohawk Inds Inc *................... 5,620 418,409 Polo Ralph Lauren Corp.............. 7,140 461,887 Toll Brothers Inc *................. 6,110 171,568 ----------- $ 1,509,125 ----------- DIVERSIFIED FINANCIALS - 5.1% Americredit Corp *.................. 15,135 $ 378,224 Edwards A.G. Inc.................... 6,260 333,533 Jefferies Group Incorporated........ 18,005 513,142 Raymond James Fin'l................. 24,552 717,900 ----------- $ 1,942,799 ----------- ELECTRONIC EQUIPMENT & INSTRUMENTS 1.9% Arrow Electrs Inc Com *............. 13,455 $ 369,071 Avnet Inc *......................... 9,685 190,020 Plexus Corp *....................... 3,025 58,080 Vishay Intertechnology Inc *........ 8,695 122,077 ----------- $ 739,248 ----------- ENERGY - 9.6% Cameron International Corp *........ 3,920 $ 189,375 Ensco International Inc............. 4,985 218,493 FMC Technologies, Inc *............. 3,270 175,599 Grant Prideco Inc *................. 7,720 293,592 Helmerich & Payne................... 6,745 155,337 Newfield Exploration Co *........... 15,745 606,812 Noble Energy Inc.................... 10,610 483,710 Patterson-Uti Energy Inc............ 12,085 287,140 Peabody Energy Corp................. 15,655 575,791 Pogo Producing Co................... 9,195 376,535 Smith International Inc............. 3,330 129,203 Tidewater Inc....................... 4,945 218,520 ----------- $ 3,710,107 ----------- FOOD, BEVERAGE & TOBACCO 1.5% Hormel Foods Corp................... 5,575 $ 200,589 Pepsiamericas Inc................... 9,005 192,167 Smithfield Foods Inc *.............. 6,650 179,682 ----------- $ 572,438 ----------- HEALTH CARE EQUIPMENT & SERVICES - 7.3% Community Health Systems Inc *...... 3,190 $ 119,147 Covance Inc *....................... 4,255 282,447 Dentsply Int'l Inc................. 5,475 164,852 Health Net Inc *.................... 11,735 510,707 Intuitive Surgical Inc *............ 3,030 319,514 Lincare Holdings Inc *.............. 3,330 115,351 Omnicare Inc........................ 13,550 583,870 Pharmaceutical Product Dev. Inc..... 11,105 396,337 ResMed Inc *........................ 3,525 141,881 Triad Hospitals Incorporated *...... 4,110 180,963 ----------- $ 2,815,069 ----------- HOTELS, RESTAURANTS & LEISURE - 0.6% Ruby Tuesday Inc.................... 7,720 $ 217,627 ----------- INSURANCE - 9.9% American Financial Group,Inc........ 8,515 $ 399,609 Amerus Group Co..................... 2,155 146,562 Berkley W.R. Corp................... 22,302 789,268 First American Corp................. 13,840 585,986 HCC Insurance Holds................. 8,170 268,630 Ohio Casualty Corp.................. 6,510 168,414 Old Republic Intl Corp.............. 8,598 190,446 PMI Group Inc....................... 4,835 211,821 Protective Life Corp................ 6,995 320,021 Radian Group Inc.................... 7,875 472,500 Stancorp Financial Group............ 5,480 244,572 ----------- $ 3,797,828 ----------- MATERIALS - 5.1% Airgas Inc.......................... 5,920 $ 214,126 Albemarle Corporation............... 4,215 229,001 Commercial Metals CO................ 5,110 103,886 Cytec Ind Inc....................... 3,580 199,012 FMC Corp............................ 4,060 260,124 Lyondell Chemical Company........... 14,530 368,626 Martin Marietta Materials........... 1,905 161,201 RPM International Inc............... 5,525 104,920 Scotts Company- CL A................ 5,595 248,922 Steel Dynamics Inc.................. 1,330 67,099 ----------- $ 1,956,917 ----------- PHARMACEUTICALS & BIOTECHNOLOGY - 0.7% Cephalon Inc *...................... 4,205 $ 259,659 ----------- REAL ESTATE - 2.5% New Plan Excel Realty............... 35,075 $ 948,779 ----------- RETAILING - 5.1% Abercombie & Fitch CO Cl A.......... 6,170 $ 428,692 American Eagle Outfitters........... 14,775 647,588 Anntaylor Stores Corp *............. 4,720 197,579 Claire's Stores. Inc................ 14,580 425,153 Payless Shoesource Inc *............ 4,780 119,022 Rent-A-Center Inc *................. 4,665 136,638 ----------- $ 1,954,672 ----------- SEMICONDUCTOR EQUIPMENT & PRODUCTS - 3.9% Intersil Corp-Cl A.................. 7,145 $ 175,410 Lam Research Corp *................. 9,585 434,488 Memc Electronic Materials *......... 19,855 727,289 Microchip Technology Inc............ 4,555 147,673 ----------- $ 1,484,860 ----------- SOFTWARE & SERVICES - 2.3% Cognizant Tech Solutions *.......... 5,920 $ 438,435 Sybase Inc *........................ 10,125 245,430 Transaction Systems Archit-A *...... 6,555 224,968 ----------- $ 908,833 ----------- TELECOMMUNICATION SERVICES - 0.3%... Cincinnati Bell Inc *............... 22,095 $ 106,498 ----------- TRANSPORTATION - 3.2% C.H. Robinson Worldwide,Inc New..... 2,315 $ 103,203 Con-Way Inc......................... 4,450 199,449 Hunt J.B.transprt Svcs Inc.......... 27,730 575,952 Swift Transportation Inc *.......... 6,260 148,487 YRC Worldwide Inc *................. 5,720 211,869 ----------- $ 1,238,960 ----------- UTILITIES - 7.3% Agl Resources Incorporated.......... 8,535 $ 311,528 Alliant Energy Corp................. 7,480 267,260 Black Hills Corp.................... 11,150 374,752 Energy East Corporation............. 3,880 92,034 MDU Resources Group Inc............. 25,413 567,726 Questar Corporation................. 10,960 896,199 Wisconsin Energy.................... 6,555 282,782 ----------- $ 2,792,281 ----------- TOTAL EQUITY INTERESTS - 99.7%...... $ 38,301,910 (identified cost $32,058,525) OTHER ASSETS LESS LIABILITIES - 0.3% 129,562 ----------- NET ASSETS - 100.0%................. $ 38,431,472 ============ *: Non-income-producing security. The Fund did not have any open financial instruments at September 30, 2006. The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2006, as computed on a federal income tax basis, were as follows: AGGREGATE COST $32,058,525 ----------- Gross unrealized appreciation $ 7,534,334 Gross unrealized depreciation $(1,290,949) ----------- NET UNREALIZED APPRECIATION $ 6,243,385 ============ WRIGHT MAJOR BLUE CHIP EQUITIES FUND (WMBC) - ------------------------------------------------------------------------------- SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2006 (unaudited) Shares Value EQUITY INTERESTS - 99.5% AUTOMOBILES & COMPONENTS - 0.6% Johnson Controls.......................5,130 $ 368,026 ----------- BANKS - 7.4% Bank Of America Corp..................52,660 $ 2,820,996 Golden West Financial..................3,585 276,941 SunTrust Banks Inc.....................2,670 206,338 Wells Fargo Company...................35,870 1,297,777 ----------- $ 4,602,052 ----------- CAPITAL GOODS - 9.7% 3M Co..................................4,810 $ 357,960 Black & Decker Corp....................3,590 284,867 Caterpillar Inc.......................21,670 1,425,886 Cummins Inc............................6,960 829,841 Danaher Corporation....................5,070 348,157 Illinois Tool Works....................3,980 178,702 Ingersoll-Rand Co.Cl A................11,135 422,907 Paccar Inc............................22,607 1,289,051 Tyco International Ltd................14,075 393,959 United Technologies....................8,125 514,719 ----------- $ 6,046,049 ----------- COMMERCIAL SERVICES & SUPPLIES - 1.1% Fluor Corp (New).......................1,025 $ 78,812 Robert Half Intl Inc...................3,310 112,441 Waste Management Inc..................14,410 528,559 ----------- $ 719,812 ----------- COMMUNICATIONS EQUIPMENT - 2.7% Cisco System Inc *....................19,095 $ 439,185 Corning Inc *.........................19,985 487,834 Motorola Inc..........................24,725 618,125 Qualcomm Inc...........................3,535 128,497 ----------- $ 1,673,641 ----------- COMPUTERS & PERIPHERALS - 4.8% Apple Computer Inc *..................8,895 $ 685,182 EMC Corporation *.....................17,330 207,613 Hewlett-Packard Co....................56,735 2,081,607 ----------- $ 2,974,402 ----------- CONSUMER DURABLES & APPAREL - 0.4% Whirlpool Corp.........................3,030 $ 254,853 ----------- DIVERSIFIED FINANCIALS - 14.2% Ambac Financial Group Inc..............6,835 $ 565,596 Bear Stearns Companies Inc.............1,815 254,282 Capital One Financial.................11,605 912,849 Citigroup Inc.........................51,459 2,555,969 Franklin Res Inc Com...................3,195 337,871 Goldman Sachs Group Inc...............11,690 1,977,597 JP Morgan Chase & Co...................8,680 407,613 Lehman Bros Hldgs Inc.................18,330 1,353,854 Merrill Lynch & Company................6,015 470,493 ----------- $ 8,836,124 ----------- ELECTRONIC EQUIPMENT & INSTRUMENTS - 0.6% Agilent Technologies Inc*.............11,545 $ 377,406 ----------- ENERGY - 10.4% Apache Corporation.....................5,808 $ 367,066 Chevron Corp..........................21,240 1,377,626 ConocoPhillips........................16,340 972,720 Eog Resources Inc......................3,770 245,239 Exxon Mobil Corp......................40,620 2,725,602 Occidental Petroleum..................11,030 530,653 Valero Energy Corp.....................4,690 241,394 ----------- $ 6,460,300 ----------- FOOD, BEVERAGE & TOBACCO - 4.8% Altria Group Inc......................15,765 $ 1,206,811 Archer-Daniels-midland................36,115 1,368,036 Pepsico Inc............................6,395 417,338 ----------- $ 2,992,185 ----------- FOOD & DRUG RETAILING - 0.4% CVS Corporation........................8,180 $ 262,742 ----------- HEALTH CARE EQUIPMENT & SERVICES - 8.4% Amerisourcebergen Corp.................5,795 $ 261,934 Applied Biosystems Grp-App............24,970 826,757 Express Scripts Incl-CL A *...........10,590 799,439 Humana Inc. *..........................8,195 541,608 Laboratory Corp American Hldg *........4,365 286,213 Manor Care Inc.........................6,515 340,604 United Health Group Inc...............22,966 1,129,927 Wellpoint Inc *.......................13,510 1,040,945 ----------- $ 5,227,427 ----------- HOTELS, RESTAURANTS & LEISURE - 0.8% Darden Restaurants Inc.................2,960 $ 125,711 Intl Game Technology...................8,285 343,828 ----------- $ 469,539 ----------- INSURANCE - 4.9% Aflac Inc.............................7,855 $ 359,445 Aon Corporation.......................13,270 449,455 Chubb Corp.............................4,530 235,379 Cincinnati Financial Corp..............4,210 202,333 Metlife Inc............................7,470 423,400 Progressive Corp......................45,590 1,118,779 Torchmark Corp.........................3,890 245,497 ----------- $ 3,034,288 ----------- MATERIALS - 1.4% Air Products & Chemicals...............1,860 $ 123,448 Allegheny Technologies Inc.............1,835 114,119 Nucor Corp.............................8,470 419,180 Phelps Dodge Corp......................1,245 105,452 Sigma-Aldrich..........................1,550 117,288 ----------- $ 879,487 ----------- MEDIA -1.1% CBS Corp-Cl B.........................10,135 $ 285,503 Time Warner Inc.......................22,665 413,183 ----------- $ 698,686 ----------- PHARMACEUTICALS & BIOTECHNOLOGY - 6.3% Barr Pharmaceuticals Inc *.............9,780 $ 507,973 Gilead Sciences Inc *..................9,945 683,222 Johnson & Johnson......................9,875 641,283 King Pharmaceuticals Inc *............14,315 243,784 Lilly Eli & CO.........................5,055 288,135 Merck & Co Inc.........................8,605 360,550 Pfizer Inc............................42,890 1,216,360 ----------- $ 3,941,307 ----------- RETAILING - 5.6% Best Buy Company Inc...................5,170 $ 276,905 Home Depot Inc........................30,220 1,096,079 Limited Brands........................14,255 377,615 Lowes Cos Inc..........................9,280 260,397 Nordstrom Inc.........................11,955 505,697 Office Depot *........................11,870 471,239 Penney J C Co..........................5,410 369,990 Staples Inc............................6,195 150,724 ----------- $ 3,508,646 ----------- SEMICONDUCTOR EQUIPMENT & PRODUCTS - 1.8% Intel Corp............................13,780 $ 283,455 LSI Logic Corp *......................20,310 166,948 Texas Instruments.....................19,580 651,035 ----------- $ 1,101,438 ----------- SOFTWARE & SERVICES - 2.9% Computer Sciences Corp *...............5,620 $ 276,054 First Data Corporation.................4,285 179,970 Microsoft Corp........................21,410 585,135 Nvidia Corp *.........................14,155 418,846 Oracle Corp *.........................19,780 350,897 ----------- $ 1,810,902 ----------- TELECOMMUNICATION SERVICES - 3.5% AT&T Inc..............................58,370 $ 1,900,527 Alltel Corp............................4,895 271,673 ----------- $ 2,172,200 ----------- TRANSPORTATION - 2.9% Burlington Northern Santa Fe Corp......5,950 $ 436,968 Csx Corporation........................5,650 185,490 Fedex Corporation......................4,965 539,596 Norfolk Southern Corp..................8,625 379,931 United Parcel Service..................3,890 279,847 ----------- $ 1,821,832 ----------- UTILITIES - 2.8% Exelon Corp...........................18,186 $ 1,100,980 Firstenergy Corp.......................2,090 116,747 Sempra Energy..........................3,515 176,629 TXU Corporation........................5,665 354,176 ----------- $ 1,748,532 ----------- TOTAL EQUITY INTERESTS - 99.5%.............. $61,981,876 (identified cost, $52,384,452) OTHER ASSETS LESS LIABILITIES - 0.5% ....... 323,989 ----------- NET ASSETS - 100.0%......................... $62,305,865 ============ *: Non-income -producing security. The Fund did not have any open financial instruments at September 30, 2006. The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2006, as computed on a federal income tax basis, were as follows: AGGREGATE COST $52,384,453 ----------- Gross unrealized appreciation $10,385,610 Gross unrealized depreciation $ (788,187) ----------- NET UNREALIZED APPRECIATION $ 9,597,423 ============ WRIGHT INTERNATIONAL BLUE CHIP EQUITIES FUND (WIBC) - ------------------------------------------------------------------------------- SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2006 (unaudited) Shares Value EQUITY INTERESTS - 99.1% AUSTRALIA - 3.9% Bhp Billiton Ltd......................65,535 $ 1,253,448 Commonwealth Bank.....................23,874 815,081 QBE Insurance Group Ltd..............131,016 2,395,382 Rio Tinto Ltd(Ordinary)...............23,496 1,229,126 Westfield Group......................173,849 2,441,609 ----------- $ 8,134,646 ----------- AUSTRIA - 0.5% Boehler-Uddeholm AG....................8,035 $ 451,511 OMV AG (Stammaktie)...................13,244 685,502 ----------- $ 1,137,013 ----------- BELGIUM - 2.0% Fortis................................83,853 $ 3,400,127 InBev SA..............................15,678 862,326 ----------- $ 4,262,453 ----------- CANADA - 6.5% Biovail Corporation..................156,987 $ 2,392,129 Canadian National Railway Company.....18,133 759,842 Encana Corporation....................70,168 3,271,131 Husky Energy Inc......................39,499 2,547,706 Ipsco Inc..............................7,028 610,355 Methanex Corporation..................19,330 469,367 Nexen Incorporated(Common)............13,059 699,391 Penn West Energy Trust................17,880 655,485 Talisman Energy Inc...................49,311 806,196 Teck Cominco Limited..................23,302 1,462,054 ----------- $ 13,673,656 ----------- DENMARK - 3.0% Danske Bank AS......................136,981 $ 5,380,906 Topdanmark A/S *.......................6,393 881,808 ----------- $ 6,262,714 ----------- FINLAND - 1.0% YIT Oyj...............................91,577 $ 2,119,414 ----------- FRANCE - 7.0% AXA (Actions Ordinaires)..............33,449 $ 1,232,164 BNP PARIBAS (Actions Ordinaires)......51,108 5,493,279 Gecina.................................4,493 598,747 Soc Gen De France (Actions Ordinaires)27,974 4,447,226 Sanofi-Aventis.........................4,599 408,970 Schneider Electric SA..................9,044 1,007,598 Vallourec..............................4,355 1,014,520 Vinci..................................6,229 692,793 ----------- $ 14,895,297 ----------- GERMANY - 8.3% ALLIANZ AG HOLDING (Namensaktie).......8,343 $ 1,442,388 BASF AG (Stammaktie)..................25,107 2,008,441 Continental Ag(stammaktie)............21,263 2,462,928 Daimlerchrysler Ag(namenaktie)........20,794 1,038,091 Deutsche Bank Ag (Stammaktie).........30,927 3,728,062 Deutsche Boerse Ag....................19,302 2,899,866 E. On Ag (Stammaktie).................29,042 3,439,031 Puma Aktiengesellscaft Rudolf Dassler Sp........................... 1,639 558,499 ----------- $ 17,577,306 ----------- GREAT BRITIAN - 22.2% Anglo American Plc(ordinary).........141,222 $ 5,890,557 Astrazeneca Plc (Ordinary)............45,596 2,843,010 Bellway Plc (Ordinary)................86,251 2,075,130 Bg Group Plc..........................88,105 1,068,097 Bhp Billiton Plc (Ordinary)...........43,106 742,393 Bp Plc (Ordinary)....................208,790 2,269,854 British American Tob(ordinary).......166,415 4,488,745 Barratt Developments PLC.............175,389 3,492,407 George Wimpey PLC.................... 46,821 453,039 Hsbc Holdings PLC (Ordinary)..........29,634 539,433 Hammerson plc.........................28,884 707,875 Hanson PLC............................26,073 376,718 Inchcape PLC..........................43,375 424,354 Land Securities Group PLC.............84,842 3,118,898 Man Group PLC........................552,548 4,623,952 Marks and Spencer Group PLC..........145,533 1,746,626 PERSIMMON PLC (Ordinary).............159,708 3,991,609 Rio Tinto plc.........................48,819 2,304,408 Royal & Sun Alliance Insurance Grp plc.............................694,434 1,932,780 Royal Dutch Shell Plc-B...............42,387 1,435,475 Scottish Power PLC....................98,543 1,199,238 Taylor Woodrow plc...................197,742 1,310,348 ----------- $ 47,034,946 ----------- HONG KONG - 0.1% Kingboard Chemical Hld Ltd...........60,000 $ 215,984 ----------- IRELAND - 0.5% Bank Of Ireland (Cap. Stock)..........44,742 $ 873,958 Fyffes PLC............................76,197 147,680 ----------- $ 1,021,638 ----------- ITALY - 3.0% ENI SPA (Azioni Ordinarie)...........211,858 $ 6,271,833 ----------- JAPAN - 22.7% Aisin Seiki Company Limited...........24,000 $ 701,309 Asics Corporation.....................86,000 1,121,027 Canon Inc. (Common)...................89,050 4,646,153 CSK Holdings Corporation..............18,000 753,144 Denso Corp........................... 14,400 506,162 Daifuku Company Limited...............51,000 643,197 Fanuc Ltd (Common).....................9,300 726,261 Fuji Electric Holdings Company Ltd....84,000 433,287 Honda Motor Co.,Ltd (Common)..........65,500 2,202,473 Hitachi Const. Machinery Company L....11,400 254,910 Ibiden Co Ltd(common).................25,200 1,331,877 Japan Steel Works Ltd (The)...........42,000 287,435 Japan Tobacco Incorporated.............. 159 618,143 KDDI Corporation(Common)................ 383 2,387,566 Komatsu Limited......................134,000 2,315,335 Makita Corporation.................. .56,400 1,657,629 Marubeni Corporation..................68,000 338,661 Mitsubishi Corporation................73,400 1,380,155 Mitsubishi Rayon Co Ltd..............136,000 898,488 Mitsui O.S.K lines Limited.......... 126,000 931,673 NGK Spark Plug Co Ltd.................15,000 297,929 Nippon Seiki Co., Ltd.................15,000 328,421 Nippon Shokubai Company Limited.......65,000 787,278 Orix Corp(common).....................10,500 2,903,697 Ricoh Company,Ltd. (Common).......... 31,000 617,033 Sumitomo Chemical Co(common).........128,000 956,219 Sankyo Co., Ltd.......................17,000 908,567 Shinko Electric Industries LTD........69,200 1,928,328 Sumitomo Corporation.................117,000 1,459,713 Sumitomo Heavy Industries Ltd........176,000 1,474,307 Sumitomo Metal Industries Ltd....... 277,000 1,062,813 Takeda Chemical IND. LTD (Common).....26,100 1,629,247 Toyota Motor Corp (Common)........... 81,600 4,437,149 Toyota Tsusho Corporation.............24,000 632,194 Tsumura & Co..........................39,000 901,791 Uny Co Ltd...........................132,000 1,750,832 Yamaha Motor Co Ltd...................64,900 1,720,552 ----------- $ 47,930,955 ----------- NETHERLANDS - 3.7% Aegon N.v. (Aandeel)................. 70,911 $ 1,328,534 Ing Groep N.v. (Aandeel)............ 148,115 6,508,700 ----------- $ 7,837,234 ----------- NORWAY - 3.3% Norsk Hydro Asa (Ordinaere Aksje).... 45,893 $ 1,026,118 Orkla Asa.............................12,437 592,406 Statoil ASA..........................135,873 3,215,146 Telenor Group ASA................... 163,578 2,135,486 ----------- $ 6,969,156 ----------- PORTUGAL - 1.5% EDP - Energias de Portugal S.A.......328,804 $ 1,424,473 Portugal Telecom Sa (Nominativa).....141,441 1,764,828 ----------- $ 3,189,301 ----------- SINGAPORE - 0.8% CapitaLand Limited.................. 392,000 $ 1,247,857 Singapore Petroleum Co Ltd...........150,000 444,400 ----------- $ 1,692,257 ----------- SPAIN - 2.1% ACS Actividades Cons Y................19,865 $ 941,133 Endesa S.a. (Accion)..................36,834 1,565,425 Repsol Ypf Sa (Accion)................29,499 877,024 Union Electrica Fenosa Sa.............22,710 1,158,771 ----------- $ 4,542,353 ----------- SWEDEN - 4.3% Atlas Copco AB - A shs................24,472 $ 642,809 Boliden AB............................25,456 482,822 Kungsleden AB.........................22,474 1,395,444 Nobia AB..............................40,326 1,348,134 SKF AB................................82,153 2,665,726 TeliaSonera AB.......................399,623 2,562,892 ----------- $ 9,097,827 ----------- SWITZERLAND - 2.7% UBS AG (Namenaktie)...................36,614 $ 2,184,080 Zurich Financial Services (Inhaberaktie).......................14,035 38,936 ----------- $ 5,623,016 ----------- TOTAL EQUITY INTERESTS - 99.1% $209,488,999 (identified cost , $186,757,797) OTHER ASSETS LESS LIABILITIES - 0.9% 1,977,887 ----------- NET ASSETS - 100.0% $211,466,886 ============ *: Non-income-producing security. The Fund did not have any open financial instruments at September 30, 2006. The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2006, as computed on a federal income tax basis, were as follows: Aggregate cost $186,757,797 ----------- Gross unrealized appreciation $26,508,457 Gross unrealized depreciation $(3,777,255) ----------- Net unrealized appreciation $ 22,731,202 ============ The net unrealized depreciation on foreign currency is $(12,340). ITEM 2. CONTROLS AND PROCEDURES (a) It is the conclusion of the registrant's principal executive officer and principal financial officer that the effectiveness of the registrant's current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission's rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant's principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure. (b) There have been no significant changes in the registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. ITEM 3. EXHIBITS Certification of Principal Executive Officer and Principal Financial Officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940(17CFR 270.30a-2(a)) is attached hereto as Exhibit 99Cert. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. The Wright Managed Equity Trust (On behalf of Wright Selected Blue Chip Equities Find, Wright Major Blue Chip Equities Fund, and Wright International Blue Chip Equities Fund. By: /s/ Peter M. Donovan --------------------- Peter M. Donovan President Date: November 2, 2006 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /s/ Barbara E. Campbell ------------------------ Barbara E.Campbell Treasurer Date: November 3, 2006 By: /s/ Peter M. Donovan --------------------- Peter M. Donovan President Date: November 2,2006 EX-99.CERT 2 eqformnqcertbec0906.txt 302 CERTIFICATION - TREASURER, BARBARA CAMPBELL FORM N-Q ITEM 3 CERTIFICATION I, Barbara E.Campbell, certify that: 1. I have reviewed this report on Form N-Q of The Wright Managed Equity Trust (on behalf of Wright Selected Blue Chip Equities Fund, Wright Major Blue Chip Equities Fund and Wright International Blue Chip Equities Fund); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation ; and d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls over financial reporting.; and Date:November 3, 2006 /s/ Barbara E. Campbell - ------------------------ Barbara E. Campbell Treasurer - ----------------------------------------------------------------------- EX-99.CERT 3 eqformnqcertpmd0906.txt 302 CERTIFICATION - PRESIDENT, PETER DONOVAN FORM N-Q ITEM 3 CERTIFICATION I, Peter M. Donovan, certify that: 1. I have reviewed this report on Form N-Q of The Wright Managed Equity Trust (on behalf of Wright Selected Blue Chip Equities Fund, Wright Major Blue Chip Equities Fund and Wright International Blue Chip Equities Fund); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation ; and d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls over financial reporting.; and Date: November 2, 2006 /s/ Peter M. Donovan - ------------------------ Peter M. Donovan President - ----------------------------------------------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----