Will This New Recall Worry Honda’s Top Institutional Shareholders?

Honda Motor Co. (NYSE:HMC): On the heels of a recall for select models from the Honda and Acura lines, Honda has put out another, this time for the 2012 and 2013 model years of the Fit model. Reportedly, the company has issued a code for 46,000 vehicles, to fix a glitch in the electronic stability control system software. The bug may cause the cars to tilt too far in sharp turns, and therefore increase the likelihood of losing traction. Honda says it is not aware of complaints or incidents as a result of the issue, and is covering the charge of the software upgrade for the affected vehicle owners.

These institutional firms indicated owning shares of Honda Motor Co., Ltd. in Q1 2013. They reported owning a total of 9.138 million shares on 03/31/2013. The shares closed at $38.26 on 03/31/2013.

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Here are the ten largest positions in Honda Motor Co., Ltd. at the end of March 31st, 2013.

Scout Investments Inc. held 2,316,576 shares on 03/31/2013 worth $88,632,194. This brought the portfolio total to 1.04%.

First Trust Advisors L.P. held 1,108,933 shares on 03/31/2013 worth $42,427,775. This brought the portfolio total to 0.24%.

Morgan Stanley held 812,016 shares on 03/31/2013 worth $31,067,731. This brought the portfolio total to 0.02%.

Bank of New York Mellon Corp. held 797,047 shares on 03/31/2013 worth $30,495,017. This brought the portfolio total to 0.01%.

JPMorgan Chase & Co. held 745,060 shares on 03/31/2013 worth $28,505,994. This brought the portfolio total to 0.01%.

STRS Ohio held 650,000 shares on 03/31/2013 worth $24,868,999. This brought the portfolio total to 0.11%.

Parametric Portfolio Associates LLC held 347,976 shares on 03/31/2013 worth $13,313,561. This brought the portfolio total to 0.04%.

Placemark Investments Inc. held 238,411 shares on 03/31/2013 worth $9,121,604. This brought the portfolio total to 0.18%.

World Asset Management Inc. held 212,041 shares on 03/31/2013 worth $8,112,688. This brought the portfolio total to 0.16%.

Premier Asset Managment LLC held 205,825 shares on 03/31/2013 worth $7,874,000. This brought the portfolio total to 2.58%.

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