Are Qualcomm’s Largest Shareholders Fearful of the Apple Chip Shortage Effect?

So far in 2012, QUALCOMM Incorporated (NASDAQ:QCOM) is up 4.78 percent.  Its recently announced 28nm chip shortage could affect Apple’s next-generation iPhone with its rumored fall launch as the company had been expected to provide the chip. The iPhone 4s and third-generation 4G iPad both use Qualcomm’s cellular chips. In a research note this week by PiperJaffray’s Gene Munster, he said, “The bottom line is that we remain comfortable with an October iPhone 5 launch despite the reported 28nm chip shortage at Qualcomm.”

With QUALCOMM’s (NASDAQ:QCOM) chip shortage possibly affecting Apple’s product line, will its large shareholders begin selling the stock? 1385 institutional firms indicated owning shares of QUALCOMM Incorporated (NASDAQ:QCOM) in Q1 2012. These firms reported owning a total of 1.388 billion shares on 03/31/2012. The shares closed at $68.06 on 03/31/2012.

A Closer Look: Qualcomm Earnings Cheat Sheet>>

Here are the ten largest positions in QUALCOMM Incorporated at the end of March 31st, 2012.

FMR LLC held 81,911,884 shares on 03/31/2012 worth $5,574,922,625. This brought the portfolio total to 1.01%.

Vanguard Group Inc held 70,373,698 shares on 03/31/2012 worth $4,789,633,714. This brought the portfolio total to 0.65%.

State Street Corp held 63,550,055 shares on 03/31/2012 worth $4,325,216,588. This brought the portfolio total to 0.66%.

Price T Rowe Associates Inc /MD/ held 51,458,851 shares on 03/31/2012 worth $3,502,289,273. This brought the portfolio total to 1.06%.

Blackrock Institutional Trust Company N.A. held 44,258,346 shares on 03/31/2012 worth $3,012,222,921. This brought the portfolio total to 0.69%.

Bank of New York Mellon Corp held 36,002,797 shares on 03/31/2012 worth $2,450,350,276. This brought the portfolio total to 0.94%.

Invesco Ltd. held 31,681,217 shares on 03/31/2012 worth $2,156,223,552. This brought the portfolio total to 1.09%.

Wellington Management Co LLP held 28,630,252 shares on 03/31/2012 worth $1,948,574,881. This brought the portfolio total to 0.68%.

Northern Trust Corp held 24,026,033 shares on 03/31/2012 worth $1,635,211,747. This brought the portfolio total to 0.76%.

Oppenheimer Funds Inc held 23,906,582 shares on 03/31/2012 worth $1,627,081,913. This brought the portfolio total to 1.37%.

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