Are Dell’s Big Institutional Investors Trimming Positions After Earnings?
Shares of Dell (NASDAQ:DELL) are trading lower at 12.71% in 2012. The primary driver coming day, as shares of Dell are plummeting over 15%. For the first quarter of 2012, Dell reported net revenues of $635 million, compared to $945 million for the same period last year. Revenues were $14.42 billion, down 4% from the year-earlier quarter.
With a further investment in growing the company, are Dell’s (NASDAQ:DELL) largest shareholders adding to their positions after the latest earnings report? 745 institutional firms indicated owning shares of Dell Inc. (NASDAQ:DELL) in Q1 2012. These firms reported owning a total of 1.189 billion shares on 03/31/2012 . The shares closed at $16.60 on 03/31/2012.
A Closer Look: Dell Earnings Cheat Sheet>>
Here are the ten largest positions in Dell Inc. at the end of March 31st, 2012.
Southeastern Asset Management Inc/TN/ held 132,166,803 shares on 03/31/2012 worth $2,193,968,980.
Vanguard Group Inc held 66,177,199 shares on 03/31/2012 worth $1,098,541,529.
State Street Corp held 64,218,003 shares on 03/31/2012 worth $1,066,018,874.
Invesco Ltd. held 52,814,916 shares on 03/31/2012 worth $876,727,626.
Price T Rowe Associates Inc /md/ held 41,800,357 shares on 03/31/2012 worth $693,885,942.
Blackrock Institutional Trust Company N.A. held 41,241,116 shares on 03/31/2012 worth $684,602,541.
Mackenzie Financial Corp held 39,473,580 shares on 03/31/2012 worth $655,261,443.
Citigroup Inc held 28,210,911 shares on 03/31/2012 worth $468,301,133.
Franklin Resources Inc held 23,623,257 shares on 03/31/2012 worth $392,146,075.
Bank of New York mellon Corp held 18,685,667 shares on 03/31/2012 worth $310,182,079.
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