Lansdowne Partners Bearish on These Stocks in Q3: CME, CIT, RF, NDAQ, AB

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

  • CME Group Inc. (NASDAQ:CME): On 06/30/2011, Lansdowne Partners reported holding 175,000 shares. On 09/30/2011, Lansdowne Partners reported holding 45,685 shares. The net reduction in shares for this position is 129,315 or 73.89%. About Company: CME Group Inc. operates a derivatives exchange that trades futures contracts and options on futures, interest rates, stock indexes, foreign exchange and commodities. The Exchange brings together buyers and sellers of derivatives products on its trading floors, electronic trading platform, and through privately negotiated transactions that it clears.
  • CIT Group Inc. (NYSE:CIT): On 06/30/2011, Lansdowne Partners reported holding 1,711,663 shares. On 09/30/2011, Lansdowne Partners reported holding 945,416 shares. The net reduction in shares for this position is 766,247 or 44.77%. About Company: CIT Group Inc. operates as a holding company. The Company, through its subsidiaries, provides lending, advisory, commercial banking, vendor finance, and leasing services to small and middle market businesses. CIT Group operates globally.
  • Regions Financial Corp. (NYSE:RF): On 06/30/2011, Lansdowne Partners reported holding 9,799,893 shares. On 09/30/2011, Lansdowne Partners reported holding 5,527,893 shares. The net reduction in shares for this position is 4,272,000 or 43.59%. About Company: Regions Financial Corporation is a regional multi-bank holding company. The Company provides mortgage banking, credit life insurance, leasing, commercial accounts receivable factoring, specialty mortgage financing, and securities brokerage services. Regions provides banking services throughout the South, Midwest, and Eastern United States.
  • NASDAQ OMX Group Inc. (NASDAQ:NDAQ): On 06/30/2011, Lansdowne Partners reported holding 3,762,513 shares. On 09/30/2011, Lansdowne Partners reported holding 2,179,350 shares. The net reduction in shares for this position is 1,583,163 or 42.08%. About Company: The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across multiple continents. The Exchange’s offerings include trading across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services.
  • AllianceBernstein Holding (NYSE:AB): On 06/30/2011, Lansdowne Partners reported holding 921,830 shares. On 09/30/2011, Lansdowne Partners reported holding 537,188 shares. The net reduction in shares for this position is 384,642 or 41.73%. About Company: AllianceBernstein Holding LP is an investment management firm. The Company provides investment management services to U.S. public and private employee benefit plans, foundations, public employee retirement funds, pension funds, endowments, banks, insurance companies and high-net-worth individuals worldwide.

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

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>