Are Cisco’s Colossal Investors Trimming These Holdings?
For Cisco Systems, Inc. (NASDAQ:CSCO), year-to-date its stock is down 9.04 percent. On Thursday, Cisco’s OJ Winge, Senior Vice President for Cisco’s TelePresence Technology Group, announced in a blog post that the company would no longer invest in its Cisco Cius tablet and there will be no additional enhancements to it moving forward. The tablet will be offered in a limited fashion for specific customers and needs. Winge added that Cisco will focus on its software communications platforms such as the Jabber UC client and the WebEx conferencing system.
A Closer Look: Cisco Earnings Cheat Sheet>>
With the demise of Cisco’s (NASDAQ:CSCO) Cius tablet, will the company’s largest shareholders decrease their positions? 1519 institutional firms indicated owning shares of Cisco Systems, Inc. (NASDAQ:CSCO) in Q1 2012. These firms reported owning a total of 3.694 billion shares on 03/31/2012 . The shares closed at $21.07 on 03/31/2012.
Here are the ten largest positions in Cisco Systems, Inc. at the end of March 31st, 2012.
Vanguard Group Inc held 226,332,976 shares on 03/31/2012 worth $4,786,942,356.
State Street Corp held 212,639,885 shares on 03/31/2012 worth $4,497,333,487.
Wellington Management Co LLP held 143,285,576 shares on 03/31/2012 worth $3,030,489,878.
Blackrock Institutional Trust Company N.A. held 142,116,582 shares on 03/31/2012 worth $3,005,765,655.
Bank of New York Mellon Corp held 108,044,460 shares on 03/31/2012 worth $2,285,140,288.
Invesco Ltd. held 104,881,366 shares on 03/31/2012 worth $2,218,240,851.
Fmr llc held 97,289,806 shares on 03/31/2012 worth $2,057,679,360.
JPMorgan Chase & Co held 92,016,841 shares on 03/31/2012 worth $1,946,156,152.
Franklin Resources Inc held 88,370,275 shares on 03/31/2012 worth $1,869,031,283.
Price T Rowe Associates Inc /MD/ held 70,271,063 shares on 03/31/2012 worth $1,486,232,956.
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