N-Q 1 nq123106inv_gro.htm N-Q FILING

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

_______________________________

Investment Company Act file number 811-43

DWS Investment Trust

(Exact name of registrant as specified in charter)

 

Two International Place

Boston, MA 02110

(Address of principal executive offices)             (Zip code)

 

Paul Schubert

345 Park Avenue

New York, NY 10154

(Name and address of agent for service)

Registrant's telephone number, including area code: (212) 454-7190

Date of fiscal year end: 09/30

Date of reporting period: 12/31/06

 

ITEM 1. SCHEDULE OF INVESTMENTS

 

Investment Portfolio

as of December 31, 2006 (Unaudited)

 

 

DWS Growth & Income Fund

 

 

Shares

 

Value ($)

 

Common Stocks 99.5%

 

Consumer Discretionary 10.3%

 

Automobiles 0.9%

 

Harley-Davidson, Inc.

 

146,300

 

10,309,761

Toyota Motor Corp. (ADR)

 

239,220

 

32,129,638

 

42,439,399

Hotels Restaurants & Leisure 2.0%

 

Hilton Hotels Corp.

 

605,560

 

21,134,044

 

 


 

McDonald's Corp.

 

1,570,960

 

69,640,657

 

90,774,701

Media 3.0%

 

Comcast Corp. "A"*

 

458,880

 

19,424,390

Grupo Televisa SA (ADR)

 

416,940

 

11,261,549

McGraw-Hill Companies, Inc.

 

199,300

 

13,556,386

News Corp. "A"

 

1,684,980

 

36,193,371

Omnicom Group, Inc.

 

344,640

 

36,028,666

Walt Disney Co.

 

639,810

 

21,926,289

 

138,390,651

Multiline Retail 1.9%

 

Federated Department Stores, Inc.

 

582,520

 

22,211,487

J.C. Penney Co., Inc.

 

819,230

 

63,375,633

 

85,587,120

Specialty Retail 1.5%

 

Best Buy Co., Inc.

 

549,380

 

27,024,002

Staples, Inc.

 

1,534,300

 

40,965,810

 

67,989,812

Textiles, Apparel & Luxury Goods 1.0%

 

Coach, Inc.*

 

1,113,790

 

47,848,418

Consumer Staples 9.1%

 

Beverages 2.4%

 

PepsiCo, Inc.

 

1,752,250

 

109,603,237

Food & Staples Retailing 1.3%

 

Walgreen Co.

 

1,272,230

 

58,382,635

Food Products 0.6%

 

Dean Foods Co.*

 

716,760

 

30,304,613

Household Products 4.1%

 

Procter & Gamble Co.

 

2,900,540

 

186,417,706

Tobacco 0.7%

 

Altria Group, Inc.

 

372,940

 

32,005,711

Energy 9.8%

 

Energy Equipment & Services 0.8%

 

Cameron International Corp.*

 

734,130

 

38,945,596

Oil, Gas & Consumable Fuels 9.0%

 

ExxonMobil Corp.

 

1,188,228

 

91,053,912

Marathon Oil Corp.

 

664,460

 

61,462,550

Occidental Petroleum Corp.

 

2,249,590

 

109,847,480

Sunoco, Inc.

 

387,560

 

24,168,242

Total SA (ADR) (a)

 

1,065,920

 

76,660,966

Valero Energy Corp.

 

953,270

 

48,769,293

 

411,962,443

Financials 21.8%

 

Capital Markets 7.2%

 

Bank of New York Co., Inc.

 

2,618,770

 

103,100,975

Mellon Financial Corp.

 

708,200

 

29,850,630

Merrill Lynch & Co., Inc.

 

757,300

 

70,504,630

Morgan Stanley

 

558,460

 

45,475,398

The Goldman Sachs Group, Inc.

 

167,910

 

33,472,859

UBS AG (Registered)

 

764,280

 

46,109,012

 

328,513,504

 

 


 

Commercial Banks 5.4%

 

Unibanco - Uniao de Bancos Brasileiros SA (GDR)

 

340,370

 

31,640,795

Wachovia Corp.

 

1,773,480

 

100,999,686

Wells Fargo & Co.

 

3,259,620

 

115,912,087

 

248,552,568

Diversified Financial Services 4.0%

 

Bank of America Corp.

 

2,938,356

 

156,878,827

Moody's Corp.

 

392,180

 

27,083,951

 

183,962,778

Insurance 5.2%

 

American International Group, Inc.

 

2,348,440

 

168,289,210

Loews Corp.

 

441,580

 

18,312,323

MetLife, Inc.

 

895,420

 

52,838,734

 

239,440,267

Health Care 12.0%

 

Biotechnology 0.5%

 

Amgen, Inc.*

 

356,880

 

24,378,473

Health Care Equipment & Supplies 3.0%

 

Baxter International, Inc.

 

2,147,900

 

99,641,081

C.R. Bard, Inc.

 

461,660

 

38,303,930

 

137,945,011

Health Care Providers & Services 2.7%

 

McKesson Corp.

 

710,710

 

36,032,997

UnitedHealth Group, Inc.

 

1,113,790

 

59,843,936

WellPoint, Inc.*

 

317,510

 

24,984,862

 

120,861,795

Life Sciences Tools & Services 1.5%

 

Thermo Fisher Scientific, Inc.*

 

1,515,020

 

68,615,256

Pharmaceuticals 4.3%

 

Abbott Laboratories

 

272,990

 

13,297,343

AstraZeneca PLC (ADR)

 

240,590

 

12,883,595

Johnson & Johnson

 

643,620

 

42,491,792

Novartis AG (ADR)

 

935,890

 

53,757,522

Sanofi-Aventis (ADR)

 

258,320

 

11,926,634

Wyeth

 

1,239,000

 

63,089,880

 

197,446,766

Industrials 11.4%

 

Aerospace & Defense 3.0%

 

Boeing Co.

 

395,170

 

35,106,903

Honeywell International, Inc.

 

2,042,150

 

92,386,866

United Technologies Corp.

 

167,310

 

10,460,221

 

137,953,990

Electrical Equipment 1.5%

 

Emerson Electric Co.

 

1,524,040

 

67,194,924

Industrial Conglomerates 5.0%

 

General Electric Co.

 

4,904,010

 

182,478,212

Tyco International Ltd.

 

1,573,550

 

47,835,920

 

230,314,132

Machinery 1.6%

 

Caterpillar, Inc.

 

826,900

 

50,713,777

 

 


 

PACCAR, Inc.

 

357,585

 

23,207,266

 

73,921,043

Road & Rail 0.3%

 

Hertz Global Holdings, Inc.*

 

674,230

 

11,724,860

Information Technology 15.2%

 

Communications Equipment 4.3%

 

Cisco Systems, Inc.*

 

6,395,790

 

174,796,941

QUALCOMM, Inc.

 

546,240

 

20,642,409

 

195,439,350

Computers & Peripherals 2.2%

 

Apple Computer, Inc.*

 

351,370

 

29,810,231

Hewlett-Packard Co.

 

861,980

 

35,504,956

International Business Machines Corp.

 

267,050

 

25,943,908

Network Appliance, Inc.*

 

273,930

 

10,759,970

 

102,019,065

Internet Software & Services 0.7%

 

eBay, Inc.*

 

1,009,250

 

30,348,148

IT Services 1.8%

 

Automatic Data Processing, Inc.

 

1,454,240

 

71,621,320

Paychex, Inc.

 

289,580

 

11,449,993

 

83,071,313

Semiconductors & Semiconductor Equipment 1.3%

 

Applied Materials, Inc.

 

2,110,980

 

38,947,581

ASML Holding NV (NY Registered Shares)*

 

848,260

 

20,892,644

 

59,840,225

Software 4.9%

 

Adobe Systems, Inc.*

 

938,080

 

38,573,850

Autodesk, Inc.*

 

924,180

 

37,392,323

Electronic Arts, Inc.*

 

294,830

 

14,847,639

Microsoft Corp.

 

3,275,640

 

97,810,610

Symantec Corp.*

 

1,837,090

 

38,303,326

 

226,927,748

Materials 3.0%

 

Chemicals 1.3%

 

Monsanto Co.

 

1,160,930

 

60,983,653

Metals & Mining 0.9%

 

Rio Tinto PLC (ADR)

 

197,427

 

41,951,263

Paper & Forest Products 0.8%

 

Weyerhaeuser Co.

 

523,660

 

36,996,579

Telecommunication Services 3.6%

 

Diversified Telecommunication Services 2.8%

 

AT&T, Inc.

 

2,917,900

 

104,314,925

Telus Corp.

 

552,430

 

24,677,048

 

128,991,973

Wireless Telecommunication Services 0.8%

 

American Tower Corp. "A"* (a)

 

925,380

 

34,498,166

Utilities 3.3%

 

Electric Utilities 2.3%

 

Allegheny Energy, Inc.*

 

708,020

 

32,505,198

Entergy Corp.

 

379,980

 

35,079,754

 

 


 

Exelon Corp.

 

663,840

 

41,085,058

 

108,670,010

Independent Power Producers & Energy Traders 1.0%

 

TXU Corp.

 

826,740

 

44,817,575

Total Common Stocks (Cost $3,887,820,776)

 

4,566,032,477

 

Exchange Traded Funds 0.3%

 

SPDR Trust, Series 1 (a) (Cost $16,392,128)

 

115,100

 

16,308,519

 

Securities Lending Collateral 0.4%

 

Daily Assets Fund Institutional, 5.34% (b) (c)
(Cost $17,109,600)

 

 

17,109,600

 

17,109,600

 

Cash Equivalents 0.5%

 

Cash Management QP Trust, 5.46% (d)
(Cost $21,828,486)

 

 

21,828,486

 

21,828,486

 

% of

Net Assets

 

Value ($)

Total Investment Portfolio (Cost $ 3,943,150,990)

100.7

 

4,621,279,082

Other Assets and Liabilities, Net

(0.7)

 

(33,143,386)

Net Assets

100.0

 

4,588,135,696

 

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

*

Non-income producing security.

(a)

All or a portion of these securities were on loan. The value of all securities loaned at December 31, 2006 amounted to $16,658,724 which is 0.4% of net assets.

(b)

Daily Assets Fund Institutional, an affiliated fund, is managed by Deutsche Investment Management Americas Inc. The rate shown is the annualized seven-day yield at period end.

(c)

Represents collateral held in connection with securities lending.

(d)

Cash Management QP Trust, an affiliated fund, is managed by Deutsche Investment Management Americas Inc. The rate shown is the annualized seven-day yield at period end.

ADR: American Depositary Receipt

GDR: Global Depositary Receipt

 

 


ITEM 2.

CONTROLS AND PROCEDURES

 

 

 

(a)          The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

 

 

 

(b)         There have been no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last half-year (the registrant’s second fiscal half-year in the case of the annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.

 

 

ITEM 3.

EXHIBITS

 

 

 

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

 

 


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.

 

Registrant:

DWS Growth & Income Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

February 22, 2007

 

 

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.

 

Registrant:

DWS Growth & Income Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

February 22, 2007

 

 

By:

/s/Paul Schubert

 

Paul Schubert

Chief Financial Officer and Treasurer

 

Date:                                                 February 22, 2007