Are IBM’s Largest Institutional Investors Feeling More SECURE About Their Shares?
As 2012 is almost halfway underway, International Business Machine’s (NYSE:IBM) shares are up 5.55 percent. Last week, the company announced a software update to assist organizations in producing higher secured mobile applications. With its updated Security AppScan portfolio, IBM will provide “a robust application development security solution ” which will allow clients to administer security testing during an application’s development lifecycle.
In addition, the new release will also enable static application security testing to be conducted on native Android apps.
With the software update to assist mobile applications, will IBM’s largest shareholders increase their positions? 1405 institutional firms indicated owning shares of International Business Machines Corp. (NYSE:IBM) in Q1 2012. These firms reported owning a total of 508.596 million shares on 03/31/2012 . The shares closed at $207.78 on 03/31/2012.
Here are the ten largest positions in International Business Machines Corp. at the end of March 31st, 2012.
State Street Corp held 63,524,800 shares on 03/31/2012 worth $13,254,449,132.
Vanguard Group Inc held 51,729,897 shares on 03/31/2012 worth $10,793,442,693.
Blackrock Institutional Trust Company N.A. held 30,052,413 shares on 03/31/2012 worth $6,270,435,789.
State Farm Mutual Automobile Insurance Co held 16,651,892 shares on 03/31/2012 worth $3,474,417,164.
FMR LLC held 14,931,079 shares on 03/31/2012 worth $3,115,369,542.
Bank of new York Mellon Corp held 14,824,583 shares on 03/31/2012 worth $3,093,149,152.
Blackrock Fund Advisors held 10,363,991 shares on 03/31/2012 worth $2,162,446,659.
Bank of America Corp /De/ held 10,284,328 shares on 03/31/2012 worth $2,145,824,974.
JPMorgan Chase & Co held 9,487,691 shares on 03/31/2012 worth $1,979,606,669.
Blackrock Group Ltd held 8,871,783 shares on 03/31/2012 worth $1,851,097,469.
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