LDK Solar: Big Funds Supporting the Stock in Quarterly Release

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of LDK Solar Co., Ltd. (NYSE:LDK).

SEC data indicate that these institutions significantly increased their stock shares of LDK Solar Co., Ltd. in Q3 2011:

MORGAN STANLEY: On 06/30/2011, held 0 shares. On 09/30/2011, held 6,169,725 shares, worth $19,249,542.

SOUTHPOINT CAPITAL ADVISORS LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 100,000 shares, worth $312,000.

GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 89,000 shares, worth $277,680.

QUANTITATIVE INVESTMENT MANAGEMENT, LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 75,200 shares, worth $234,624.

VOLEON CAPITAL MANAGEMENT LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 67,400 shares, worth $210,288.

About the company: LDK Solar Company, Ltd. manufactures multicrystalline solar wafers. The Company sells multicrystalline wafers globally to manufacturers of photovoltaic products including solar cells and solar modules. Solar wafers are the principal raw material used to produce solar cells which convert sunlight into electricity.

Competitors to Watch: Trina Solar Limited (NYSE:TSL), ReneSola Ltd. (NYSE:SOL), JinkoSolar Holding Co., Ltd. (NYSE:JKS), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), JA Solar Hldgs. Co., Ltd. (NASDAQ:JASO), Canadian Solar Inc. (NASDAQ:CSIQ), Hanwha Solarone Co Ltd (HSOL), First Solar, Inc. (NASDAQ:FSLR), and MEMC Electronic Materials, Inc. (NYSE:WFR).

(Note: Data regarding LDK Solar Co., Ltd.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com