Marshall Wace Bearish on These Companies in Third Quarter

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

  • Ford Motor Co. (NYSE:F): On 06/30/2011, Marshall Wace reported holding 457,925 shares. On 09/30/2011, Marshall Wace reported holding 2,226 shares. The net reduction in shares for this position is 455,699 or 99.51%. About Company: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  • Invesco Mortgage Capital Inc. (NYSE:IVR): On 06/30/2011, Marshall Wace reported holding 423,043 shares. On 09/30/2011, Marshall Wace reported holding 3,873 shares. The net reduction in shares for this position is 419,170 or 99.08%. About Company: Invesco Mortgage Capital invests in mortgage-backed securities for which a United States government agency guarantees payments of principal and interest. The Company also invests in non-agency residential mortgage-backed securities, commercial mortgage-backed securities, and residential and commercial loans.
  • Basic Energy Services Inc. (NYSE:BAS): On 06/30/2011, Marshall Wace reported holding 13,933 shares. On 09/30/2011, Marshall Wace reported holding 168 shares. The net reduction in shares for this position is 13,765 or 98.79%. About Company: Basic Energy Services, Inc. provides well site services to oil and gas drilling and producing companies. The Company operates well maintenance, workover, and fluid handling services through a fleet of well servicing rigs and fluid service trucks and equipment.
  • EMC Corporation (NYSE:EMC): On 06/30/2011, Marshall Wace reported holding 99,171 shares. On 09/30/2011, Marshall Wace reported holding 1,290 shares. The net reduction in shares for this position is 97,881 or 98.7%. About Company: EMC Corporation provides enterprise storage systems, software, networks, and services. The Company’s products store, retrieve, manage, protect, and share information from all major computing environments and mainframe platforms. EMC operates offices around the world.
  • JPMorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Marshall Wace reported holding 109,819 shares. On 09/30/2011, Marshall Wace reported holding 3,068 shares. The net reduction in shares for this position is 106,751 or 97.21%. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.

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

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