What Does This Lawsuit Mean For Viacom’s Top Institutional Shareholders?

Viacom (NYSE:VIA):  Google (NASDAQ:GOOG) has once again fended off a lawsuit from Viacom over its YouTube division, over copyright violations that have kept the companies in litigation for several years. The court ruled that YouTube was protected under the Safe Harbor provision of the Digital Millennium Copyright Act, as Viacom pushed on with the $1 billion suit claiming that Google knowingly allowed Viacom content to be uploaded illegally. Google argued that it was merely a platform, and that it was willing to cooperate with any request from Viacom to remove the offending content.

These institutional firms indicated owning shares of Viacom Inc. in Q1 2013. They reported owning a total of 1.226 million shares on 03/31/2013. The shares closed at $63.06 on 03/31/2013.

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Here are the ten largest positions in Viacom Inc. at the end of March 31st, 2013.

Pacific Heights Asset Management LLC held 1,010,000 shares on 03/31/2013 worth $63,690,601. This brought the portfolio total to 1.19%.

James Investment Research Inc. held 188,755 shares on 03/31/2013 worth $11,903,000. This brought the portfolio total to 0.46%.

Bank of New York Mellon Corp. held 21,442 shares on 03/31/2013 worth $1,352,133.

Huntington National Bank held 4,050 shares on 03/31/2013 worth $255,000. This brought the portfolio total to 0.01%.

Madison Scottsdale LC held 1,000 shares on 03/31/2013 worth $63,000. This brought the portfolio total to 0.06%.

Central Bank & Trust Co. held 400 shares on 03/31/2013 worth $25,000. This brought the portfolio total to 0.01%.

Edge Wealth Management LLC held 200 shares on 03/31/2013 worth $12,612. This brought the portfolio total to 0.01%.

Tower Research Capital LLC held 129 shares on 03/31/2013 worth $9,000.

Blackrock Inc. held 85 shares on 03/31/2013 worth $5,360.

Creative Planning held 25 shares on 03/31/2013 worth $2,000.

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