RBC Bearish on These Stocks in Quarterly Fund Filing

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

  • Siliconware Precision Industries Co. Ltd. (NASDAQ:SPIL): On 06/30/2011, Royal Bank of Canada reported holding 39,774 shares. On 09/30/2011, Royal Bank of Canada reported holding 3 shares. The net reduction in shares for this position is 39,771 or 99.99%. About Company: Siliconware Precision Industries Company operates integrated circuit packaging consultation, design, simulation, assembly, and final test. The current products are quad flat package (QFP) and small outline package (NYSE:SO).
  • Ishares Msci Italy Index (NYSE:EWI): On 06/30/2011, Royal Bank of Canada reported holding 85,450 shares. On 09/30/2011, Royal Bank of Canada reported holding 34 shares. The net reduction in shares for this position is 85,416 or 99.96%. About Company: iShares MSCI Italy Index Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective seeks to provide investment results that correspond to the performance of the Italian market, as measured by the MSCI Italy Index. The Fund invests in a representative sample of index stocks using a “portfolio sampling” technique.
  • Presstek Inc. (NASDAQ:PRST): On 06/30/2011, Royal Bank of Canada reported holding 427,200 shares. On 09/30/2011, Royal Bank of Canada reported holding 200 shares. The net reduction in shares for this position is 427,000 or 99.95%. About Company: Presstek, Inc. develops and markets non-photographic, non-toxic digital imaging and printing plate technologies for the lithographic printing and graphic arts industries. The Company’s products incorporate PEARL technologies and utilize PEARL consumables for computer-to-plate and direct-to-press applications.
  • Allegheny Technologies Inc. (NYSE:ATI): On 06/30/2011, Royal Bank of Canada reported holding 976,000 shares. On 09/30/2011, Royal Bank of Canada reported holding 1,000 shares. The net reduction in shares for this position is 975,000 or 99.9%. About Company: Allegheny Technologies, Inc., produces specialty materials. The Company’s products include include titanium and titanium alloys, nickel-based alloys and superalloys, zirconium, hafnium and niobium, stainless and specialty steel alloys, grain-oriented electrical steel, tungsten-based materials and cutting tools, carbon alloy impression die forgings, and large grey and ductile iron.
  • Paccar Inc. (NASDAQ:PCAR): On 06/30/2011, Royal Bank of Canada reported holding 85,000 shares. On 09/30/2011, Royal Bank of Canada reported holding 100 shares. The net reduction in shares for this position is 84,900 or 99.88%. About Company: PACCAR Inc designs, develops, manufactures, and distributes light-, medium-, and heavy-duty trucks, and related aftermarket distribution of parts. The Company also offers finance and leasing services to its customers and dealers.

(Note: Data regarding Royal Bank of Canada’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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