Netflix: Top Institutional Shareholders Showing Support

258 institutional firms indicated owning shares of Netflix, Inc. (NASDAQ:NFLX) in both Q2 2011 and Q3 2011. These firms reported owning a total of 35.151 million shares on 06/30/2011 and 36.961 million shares on 09/30/2011. The shares closed at $262.69 on 06/30/2011 and $113.27 on 09/30/2011, for an aggregate market value of $9.234 billion and $4.187 billion, respectively.

Wall St. Watchdog reveals information on the ten largest positions at the end of September 30th, 2011.

  • VANGUARD GROUP INC held 2,465,216 shares on 06/30/2011 which were worth $647,587,591. On 09/30/2011 the firm held 2,675,494 shares worth $303,053,205. This represented an increase of 210,278 shares or $344,534,386.
  • JAT CAPITAL MANAGEMENT, L.P. held 467,812 shares on 06/30/2011 which were worth $122,889,534. On 09/30/2011 the firm held 2,617,691 shares worth $296,505,860. This represented an increase of 2,149,879 shares or $173,616,325.
  • SANDS CAPITAL MANAGEMENT, LLC held 2,040,805 shares on 06/30/2011 which were worth $536,099,065. On 09/30/2011 the firm held 2,052,448 shares worth $232,480,785. This represented an increase of 11,643 shares or $303,618,280.
  • BLUE RIDGE CAPITAL HOLDINGS LLC/BLUE RIDGE CAPITAL OFFSHORE HOLDINGS LLC held 1,115,000 shares on 06/30/2011 which were worth $292,899,350. On 09/30/2011 the firm held 2,028,000 shares worth $229,711,560. This represented an increase of 913,000 shares or $63,187,790.
  • JANUS CAPITAL MANAGEMENT LLC held 1,787,111 shares on 06/30/2011 which were worth $469,456,189. On 09/30/2011 the firm held 2,015,350 shares worth $228,278,695. This represented an increase of 228,239 shares or $241,177,494.
  • STATE STREET CORP held 1,643,475 shares on 06/30/2011 which were worth $431,724,448. On 09/30/2011 the firm held 1,796,656 shares worth $203,507,225. This represented an increase of 153,181 shares or $228,217,223.
  • BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. held 1,107,043 shares on 06/30/2011 which were worth $290,809,126. On 09/30/2011 the firm held 1,504,292 shares worth $170,391,155. This represented an increase of 397,249 shares or $120,417,971.
  • RENAISSANCE TECHNOLOGIES LLC held 76,100 shares on 06/30/2011 which were worth $19,990,709. On 09/30/2011 the firm held 1,338,300 shares worth $151,589,241. This represented an increase of 1,262,200 shares or $131,598,532.
  • GOLDMAN SACHS GROUP INC held 260,430 shares on 06/30/2011 which were worth $68,412,357. On 09/30/2011 the firm held 1,322,836 shares worth $149,837,634. This represented an increase of 1,062,406 shares or $81,425,277.
  • WELLINGTON MANAGEMENT CO LLP held 1,371,133 shares on 06/30/2011 which were worth $360,182,928. On 09/30/2011 the firm held 1,023,211 shares worth $115,899,110. This represented a reduction of 347,922 shares or $244,283,818.

About the company: Netflix Inc. is an online movie rental service. The Company ships DVDs with no due dates or late fees, directly to the subscriber’s address. Netflix also provides background information on DVD releases, including critic reviews, member reviews and ratings, and personalized movie recommendations.

Competitors to Watch: Coinstar, Inc. (NASDAQ:CSTR), DISH Network Corp. (NASDAQ:DISH), Comcast Corporation (NASDAQ:CMCSA), Time Warner Inc. (NYSE:TWX), The Walt Disney Company (NYSE:DIS), Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Cablevision (NYSE:CVS), Google Inc. (NASDAQ:GOOG), DirecTV (NASDAQ:DTV), CBS (NYSE:CBS), TiVo (NASDAQ:TIVO), AT&T (NYSE:T), Verizon (NYSE:VZ), Sprint (NYSE:S) and Time Warner Cable Inc. (NYSE:TWC).

(Note: Data regarding Netflix, Inc.’s institutional shareholders are sourced from whalewisdom.com. All data are assumed to be accurate.)

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