How Will HP’s Top Institutional Shareholders React To Its New Chairman?

Credit Suisse said that the appointment of Ralph Whitworth to replace Ray Lane as interim chairman of Hewlett-Packard (NYSE:HPQ) ”points [to] a more fiscally conservative and shareholder friendly board as the debt burden ebbs,” while others see the move as giving president Meg Whitman “a clearer path to revive growth and shake off years of tumult at the world’s largest computer maker,” according to Bloomberg. Two other directors stepped down on Thursday, due to fallout from the company’s botched acquisition of software maker Autonomy.

These institutional firms indicated owning shares of Hewlett-Packard Company in Q1 2013. They reported owning a total of 1.569 million shares on 03/31/2013. The shares closed at $23.84 on 03/31/2013.

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Here are the ten largest positions in Hewlett-Packard Company at the end of March 31st, 2013.

Kempner Capital Management Inc. held 378,915 shares on 03/31/2013 worth $9,033,000. This brought the portfolio total to 3.6%.

Nexus Investment Management Inc. held 261,100 shares on 03/31/2013 worth $5,325,000. This brought the portfolio total to 1.28%.

Mizuho Securities USA Inc. held 189,324 shares on 03/31/2013 worth $4,513,000. This brought the portfolio total to 0.25%.

First Citizens Bank & Trust Co. held 184,426 shares on 03/31/2013 worth $4,397,000. This brought the portfolio total to 0.14%.

Abner Herrman & Brock LLC held 143,150 shares on 03/31/2013 worth $3,413,000. This brought the portfolio total to 1.6%.

Huntington National Bank held 106,725 shares on 03/31/2013 worth $2,544,000. This brought the portfolio total to 0.06%.

Catawba Capital Management held 76,526 shares on 03/31/2013 worth $1,824,000. This brought the portfolio total to 0.54%.

JLB & Associates Inc. held 59,603 shares on 03/31/2013 worth $1,421. This brought the portfolio total to 0.03%.

Cacti Asset Management LLC held 41,000 shares on 03/31/2013 worth $977,000. This brought the portfolio total to 0.2%.

Park National Corp. held 38,043 shares on 03/31/2013 worth $906,945. This brought the portfolio total to 0.07%.

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