This Note Won’t Bode Well For BlackBerry’s Top Institutional Shareholders

Several retailers have seen returns of BlackBerry’s (NASDAQ:BBRY) new Z10 smartphone pick up, according to Detwiler Fenton in an analyst note. It added that the pace of returns in some areas is outpacing the rate of sales, though no information was offered to validate this claim. Complaints reportedly include the user interface, maps, and lack of apps.

These institutional firms indicated owning shares of Research In Motion Ltd (NASDAQ:BBRY) in Q1 2013. They reported owning a total of 3.069 million shares on 03/31/2013. The shares closed at $14.45 on 03/31/2013.

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Here are the seven largest positions in Research In Motion Ltd (NASDAQ:BBRY) at the end of March 31st, 2013.

Hexavest Inc. held 2,094,446 shares on 03/31/2013 worth $31,109,000. This brought the portfolio total to 0.56%.

First Citizens Bank & Trust Co. held 277,226 shares on 03/31/2013 worth $4,005,000. This brought the portfolio total to 0.13%.

Nexus Investment Management Inc. held 118,110 shares on 03/31/2013 worth $1,626,000. This brought the portfolio total to 0.39%.

Abner Herrman & Brock LLC held 62,000 shares on 03/31/2013 worth $896,000. This brought the portfolio total to 0.42%.

Galaxy Capital Trading LTD held 54,800 shares on 03/31/2013 worth $792,000. This brought the portfolio total to 0.65%.

Creative Planning held 43,430 shares on 03/31/2013 worth $627,000. This brought the portfolio total to 0.02%.

Tower Research Capital LLC held 3,402 shares on 03/31/2013 worth $51,000. This brought the portfolio total to 0.01%.

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