Rooky's Investment Portfolio

Nelson Rockefeller's stock and bond portfolio, like the man, is basically conservative--with a tendency to take an occasional flyer into the unknown.

Some $25 million of the $169 million holdings benefitting Rockefeller and his immediate family is socked away in safe--and tax-exempt--municipal and state bonds. And the $140 million in common stocks reflects a man who need take no risks to build up capital.

The remaining $4 million is invested in corporate bonds, U.S. Treasury bills and other securities.

The two biggest stockholdings are in what once were strictly family businesses: Exxon ($28 million--417,015 shares) and Rockefeller Center ($25.5 million--325,000 shares). Next come IBM ($19.9 million--103,635 shares) and Eastman Kodak ($11.9 million --148,524 shares). Others: Standard Oil of California ($11 million--449,558 shares), General Electric ($2.8 million --72,648 shares) and Dow Chemical ($1.5 million--26,031 shares).

There are also some modest investments in companies that were once thought to have promising futures as investments, but have faded of late: Intel, Coherent Radiation, Scan Data. At least one case involved a company that Nelson's brother Laurance had bankrolled: Itek. Says Reginald Oliver, director of research at Pershing & Co.: "Lots of trusts absolutely wouldn't be permitted to buy such things."

The analysts concluded that Rockefeller tended to sit on stocks instead of playing the market. Says Leslie M. Pollack of Shearson, Hayden Stone, Inc.: "I'm sure Rockefeller didn't count his money every week."

Indeed, Rockefeller apparently did not even sell off during the current slump, although the stocks have lost an estimated 30% of their value--some $60 million--in the past 18 months.

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