Pfizer’s New FDA Designation Will Please These Top Institutional Shareholders

Pfizer Inc. (NYSE:PFE) has reportedly received Breakthrough Therapy designation from the FDA for palbociclib, an investigational breast cancer treatment. The new designation will expedite the development and review processes  for the drug, which is now in Phase III clinical trials.

These institutional firms indicated owning shares of Pfizer Inc. in Q1 2013. They reported owning a total of 63.53 million shares on 03/31/2013. The shares closed at $28.86 on 03/31/2013.

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Here are the nine largest positions in Pfizer Inc. at the end of March 31, 2013.

Fisher Asset Management LLC held 30,711,655 shares on 03/31/2013 worth $886,338,000. This brought the portfolio total to 2.36%.

Atalanta Sosnoff Capital LLC held 4,604,886 shares on 03/31/2013 worth $132,897,000. This brought the portfolio total to 3.12%.

British Columbia Investment Management Corp. held 3,951,481 shares on 03/31/2013 worth $114,040,000. This brought the portfolio total to 1.31%.

Mondrian Investment Partners LTD held 3,664,545 shares on 03/31/2013 worth $105,758,770. This brought the portfolio total to 1.55%.

Huntington National Bank held 1,536,168 shares on 03/31/2013 worth $44,334,000. This brought the portfolio total to 1.04%.

James Investment Research Inc. held 1,145,880 shares on 03/31/2013 worth $33,070,000. This brought the portfolio total to 1.28%.

BB&T Corp. held 1,097,644 shares on 03/31/2013 worth $31,677,000. This brought the portfolio total to 1.31%.

River & Mercantile Asset Management LLP held 1,087,497 shares on 03/31/2013 worth $31,368,000. This brought the portfolio total to 0.14%.

First Citizens Bank & Trust Co. held 1,060,872 shares on 03/31/2013 worth $30,616,000. This brought the portfolio total to 0.97%.

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