Los Angeles Capital Bearish on These Stocks for Q3

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

  • Motorola Solutions Inc. (NYSE:MSI): On 06/30/2011, Los Angeles Capital Management reported holding 331,251 shares. On 09/30/2011, Los Angeles Capital Management reported holding 5,880 shares. The net reduction in shares for this position is 325,371 or 98.22%. About Company: Motorola Solutions, Inc. manufactures two-way radios and accessories; mobile computers; wireless network infrastructure; private radio systems; bar code scanning and radio frequency identification equipment, and public safety broadband equipment.
  • Cadence Design Systems Inc. (NASDAQ:CDNS): On 06/30/2011, Los Angeles Capital Management reported holding 756,202 shares. On 09/30/2011, Los Angeles Capital Management reported holding 22,044 shares. The net reduction in shares for this position is 734,158 or 97.08%. About Company: Cadence Design Systems, Inc. provides software technology, design and consulting services and technology. The Company licenses its electronic design automation software technology and provides a variety of professional services. Cadence’s design realization solutions are used to design and develop complex chips and electronic systems, including semiconductors.
  • Level 3 Communications Inc. (NASDAQ:LVLT): On 06/30/2011, Los Angeles Capital Management reported holding 414,436 shares. On 09/30/2011, Los Angeles Capital Management reported holding 12,386 shares. The net reduction in shares for this position is 402,050 or 97.01%. About Company: Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.
  • Saic Inc. (NYSE:SAI): On 06/30/2011, Los Angeles Capital Management reported holding 1,012,580 shares. On 09/30/2011, Los Angeles Capital Management reported holding 35,003 shares. The net reduction in shares for this position is 977,577 or 96.54%. About Company: SAIC, Inc. provides scientific, engineering, systems integration and technical services and solutions in such areas as national security, intelligence and homeland defense.
  • Mcdermott International Inc. (NYSE:MDR): On 06/30/2011, Los Angeles Capital Management reported holding 325,786 shares. On 09/30/2011, Los Angeles Capital Management reported holding 12,025 shares. The net reduction in shares for this position is 313,761 or 96.31%. 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.

(Note: Data regarding Los Angeles Capital Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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