Are RIMM’s Biggest Institutional Investors Cashing Shares Now?

After five months in 2012, Research in Motion Limited’s (NASDAQ:RIMM) shares are down 31.38 percent. On Monday, the company’s stock fell below $10, a level that technical analysts think could just drive additional declines, reported CNBC. It is also the lowest point since 2003 and in the past week, the stock has dropped almost 15 percent.

Adding more fuel to the fire,  last week RIM announced that it expects to report a quarterly operating loss and on Sunday, Pacific Crest analyst James Faucette wrote in a client research note that RIM sales were even worse in May.

You have to wonder if there is any hope for a turnaround in this sinking company. With all the bearish sentiment, will Research in Motion’s largest shareholders decrease their positions? 420 institutional firms indicated owning shares of Research In Motion Limited (NASDAQ:RIMM) in Q1 2012. These firms reported owning a total of 300.135 million shares on 03/31/2012. The shares closed at $14.70 on 03/31/2012.

Here are the ten largest positions in Research In Motion Limited at the end of March 31st, 2012.

Primecap Management Co/CA/ held 28,029,023 shares on 03/31/2012 worth $412,026,633. This brought the portfolio total to 0.63%.

Fairfax Financial Holdings Ltd/ can held 26,848,500 shares on 03/31/2012 worth $394,672,945. This brought the portfolio total to 17.79%.

Invesco Ltd. held 11,455,898 shares on 03/31/2012 worth $168,401,698. This brought the portfolio total to 0.08%.

Blackrock Inc. held 9,800,373 shares on 03/31/2012 worth $144,065,481. This brought the portfolio total to 0.25%.

Yacktman Asset Management Co/IL held 9,652,516 shares on 03/31/2012 worth $141,891,983. This brought the portfolio total to 0.97%.

Manufactureres Life Insurance Co held 9,597,239 shares on 03/31/2012 worth $141,079,411. This brought the portfolio total to 1.54%.

Renaissance Technologies LLC held 7,293,357 shares on 03/31/2012 worth $107,212,347. This brought the portfolio total to 0.38%.

Susquehanna International Group LLP held 6,846,500 shares on 03/31/2012 worth $100,712,000. This brought the portfolio total to 0.03%.

Bmo Financial Corp held 6,774,826 shares on 03/31/2012 worth $99,589,941. This brought the portfolio total to 0.17%.

Cibc World Markets Inc. held 6,367,549 shares on 03/31/2012 worth $93,602,969. This brought the portfolio total to 0.48%.

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