This News Won’t Bode Well For Rio Tinto’s Top Institutional Shareholders

Mining firm Rio Tinto Plc (NYSE:RIO) is going on the offensive after Australian authorities overturned its ruling for production expansion plans. The company responded by telling the country that 1,300 mining jobs were on the line, in a time when coal mine operators were struggling to remain competitive. ”It is also a setback for hundreds of suppliers across the Hunter Valley and NSW who do business with the Mount Thorley Warkworth mine and will directly impact the region’s economy,” said Darren Yeates, acting managing director of Coal & Allied, which is run by Rio Tinto.

These institutional firms indicated owning shares of Rio Tinto Plc in Q1 2013. They reported owning a total of 10.73 million shares on 03/31/2013. The shares closed at $47.08 on 03/31/2013.

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Here are the ten largest positions in Rio Tinto Plc at the end of March 31st, 2013.

Fisher Asset Management LLC held 10,072,840 shares on 03/31/2013 worth $474,229,000. This brought the portfolio total to 1.26%.

Parametric Portfolio Associates LLC held 255,900 shares on 03/31/2013 worth $12,047,772. This brought the portfolio total to 0.04%.

Kempner Capital Management Inc. held 98,365 shares on 03/31/2013 worth $4,631,000. This brought the portfolio total to 1.85%.

Neville, Rodie & Shaw Inc. held 85,275 shares on 03/31/2013 worth $4,015,000. This brought the portfolio total to 0.48%.

BB&T Corp. held 47,608 shares on 03/31/2013 worth $2,242,000. This brought the portfolio total to 0.09%.

Private Capital Advisors Inc. held 39,275 shares on 03/31/2013 worth $1,849,067. This brought the portfolio total to 0.73%.

Connable Office Inc. held 26,494 shares on 03/31/2013 worth $1,247,000. This brought the portfolio total to 0.36%.

Chevy Chase Trust Holdings Inc. held 23,862 shares on 03/31/2013 worth $1,123,423. This brought the portfolio total to 0.01%.

Galaxy Capital Trading LTD held 12,700 shares on 03/31/2013 worth $598,000. This brought the portfolio total to 0.49%.

1st Global Advisors Inc. held 8,933 shares on 03/31/2013 worth $421,000. This brought the portfolio total to 0.09%.

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