Clearbridge Advisors Reduces Their Stock Positions for These Companies Q3 2011

Wall St. Watchdog reveals information regarding significant reduction in shares for Clearbridge Advisors’ holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Mcdermott International Inc. (NYSE:MDR): On 06/30/2011, Clearbridge Advisors reported holding 8,072,268 shares. On 09/30/2011, Clearbridge Advisors reported holding 341 shares. The net reduction in shares for this position is 8,071,927 or 100%. About Company: McDermott International, Inc. is a worldwide energy services company. The Company and its subsidiaries provide engineering, fabrication, installation, procurement, research, manufacturing, environmental systems, project management, and facility management services to a variety of customers in the energy and power industries, including the U.S. Department of Energy.
  • The Babcock & Wilcox Company (NYSE:BWC): On 06/30/2011, Clearbridge Advisors reported holding 3,930,361 shares. On 09/30/2011, Clearbridge Advisors reported holding 500 shares. The net reduction in shares for this position is 3,929,861 or 99.99%. About Company: Babcock & Wilcox Co. designs, engineers, manufactures and services boilers and other power equipment.
  • Yahoo! Inc. (NASDAQ:YHOO): On 06/30/2011, Clearbridge Advisors reported holding 9,636,726 shares. On 09/30/2011, Clearbridge Advisors reported holding 2,505 shares. The net reduction in shares for this position is 9,634,221 or 99.97%. About Company: Yahoo! Inc. is a global Internet media company that offers an online guide to Web navigation, aggregated information content, communication services, and commerce. The Company’s site includes a hierarchical, subject-based directory of Web sites, which enables users to locate and access information and services through hypertext links included in the directory.
  • Nomura Holdings Inc. (NYSE:NMR): On 06/30/2011, Clearbridge Advisors reported holding 13,598,208 shares. On 09/30/2011, Clearbridge Advisors reported holding 5,446 shares. The net reduction in shares for this position is 13,592,762 or 99.96%. About Company: Nomura Holdings, Inc. is a holding company which manages financial operations for its subsidiaries. As a group, the Company provides a variety of financial services such as dealing, brokerage, underwriting, and asset management. Nomura Securities Co., a registered member of the New York and London Stock Exchanges, has branches around the world.
  • Nvidia Corporation (NASDAQ:NVDA): On 06/30/2011, Clearbridge Advisors reported holding 10,532,824 shares. On 09/30/2011, Clearbridge Advisors reported holding 4,918 shares. The net reduction in shares for this position is 10,527,906 or 99.95%. About Company: NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company’s products provide interactive 3D graphics to the mainstream personal computer market.

(Note: Data regarding Clearbridge Advisors’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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