Nike’s Major Investors Cautiously Await Earnings Announcement

Shares of Nike Inc. (NYSE:NKE) are climber higher over 14% so far this year. Nike is set to release earnings after the closing bell today. Analysts are predicting $5.81 billion in revenue for the quarter and an average analyst estimate for net income of $1.16 per share. Are major investors of Nike stock running away or adding to their current positions this quarter ahead of today’s big report?

692 institutional firms indicated owning shares of Nike Inc. (NYSE:NKE) in both Q3 2011 and Q4 2011. These firms reported owning a total of 291.861 million shares on 09/30/2011 and 289.311 million shares on 12/31/2011. The shares closed at $84.91 on 09/30/2011 and $96.05 on 12/31/2011, for an aggregate market value of $24.782 billion and $27.788 billion, respectively.

Here are the ten largest positions in Nike’s stock as of the end of December 31st, 2011.

FMR LLC held 18,514,495 shares on 09/30/2011 which were worth $1,572,065,770. On 12/31/2011 the firm held 19,155,794 shares worth $1,839,914,014. This represented an increase of 641,299 shares or $267,848,243.

VANGUARD GROUP INC held 14,464,135 shares on 09/30/2011 which were worth $1,228,149,703. On 12/31/2011 the firm held 14,435,126 shares worth $1,386,493,852. This represented a reduction of 29,009 shares or $158,344,149.

CAPITAL RESEARCH GLOBAL INVESTORS held 14,287,480 shares on 09/30/2011 which were worth $1,213,149,927. On 12/31/2011 the firm held 14,287,480 shares worth $1,372,312,454. This represented a reduction of 0 shares or $159,162,527.

STATE STREET CORP held 12,634,255 shares on 09/30/2011 which were worth $1,072,774,592. On 12/31/2011 the firm held 12,868,354 shares worth $1,236,005,402. This represented an increase of 234,099 shares or $163,230,810.

BANK OF NEW YORK MELLON CORP held 10,389,744 shares on 09/30/2011 which were worth $882,193,163. On 12/31/2011 the firm held 10,888,162 shares worth $1,045,807,960. This represented an increase of 498,418 shares or $163,614,797.

BLACKROCK INSTITUTIONAL TRUST COMPANY N.A. held 9,638,829 shares on 09/30/2011 which were worth $818,432,970. On 12/31/2011 the firm held 9,970,132 shares worth $957,631,179. This represented an increase of 331,303 shares or $139,198,208.

CAPITAL WORLD INVESTORS held 9,377,221 shares on 09/30/2011 which were worth $796,219,835. On 12/31/2011 the firm held 9,177,221 shares worth $881,472,077. This represented a reduction of 200,000 shares or $85,252,242.

PRICE T ROWE ASSOCIATES INC /MD/ held 8,865,454 shares on 09/30/2011 which were worth $752,765,699. On 12/31/2011 the firm held 8,868,466 shares worth $851,816,159. This represented an increase of 3,012 shares or $99,050,460.

MARSICO CAPITAL MANAGEMENT LLC held 7,054,038 shares on 09/30/2011 which were worth $598,958,367. On 12/31/2011 the firm held 7,399,215 shares worth $710,694,601. This represented an increase of 345,177 shares or $111,736,234.

JANUS CAPITAL MANAGEMENT LLC held 8,131,191 shares on 09/30/2011 which were worth $690,419,428. On 12/31/2011 the firm held 7,301,087 shares worth $701,269,406. This represented a reduction of 830,104 shares or $10,849,979.

About the company: NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. The Company sells its products worldwide to retail stores, through its own stores, subsidiaries, and distributors.