What Will Coach’s Top Institutional Shareholders Do With Their Winnings?

Coach, Inc. (NYSE:COH): Coach has beaten its profit estimates and jacked up its dividend, sending its shares surging over 11 percent in pre-market. Earnings of $0.84 beat estimates by $0.03, and revenue of $1.19 billion fell in-line with estimates, and represents a 7 percent year-over-year growth. The company’s annual dividend has been raised 13 percent, to $1.35.

These institutional firms indicated owning shares of Coach Inc. in Q1 2013. They reported owning a total of 62.804 million shares on 03/31/2013. The shares closed at $49.99 on 03/31/2013.

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

Vanguard Group Inc. held 12,803,161 shares on 03/31/2013 worth $640,030,040. This brought the portfolio total to 0.07%.

Blackrock Institutional Trust Company N.A. held 9,239,873 shares on 03/31/2013 worth $461,901,267. This brought the portfolio total to 0.09%.

Blackrock Group Ltd held 4,937,197 shares on 03/31/2013 worth $246,810,486. This brought the portfolio total to 0.18%.

Bank of New York Mellon Corp. held 4,704,581 shares on 03/31/2013 worth $235,182,012. This brought the portfolio total to 0.07%.

Harding Loevner LP held 4,616,471 shares on 03/31/2013 worth $230,777,393. This brought the portfolio total to 2.31%.

Independent Franchise Partners LLP held 4,305,850 shares on 03/31/2013 worth $215,249,449. This brought the portfolio total to 4.35%.

Blackrock Fund Advisors held 2,382,675 shares on 03/31/2013 worth $119,109,927. This brought the portfolio total to 0.05%.

Nordea Investment Management AB held 1,544,668 shares on 03/31/2013 worth $77,217,956. This brought the portfolio total to 0.5%.

Blackrock Inc. held 1,457,092 shares on 03/31/2013 worth $72,840,032. This brought the portfolio total to 0.14%.

Blackrock Advisors LLC held 1,396,840 shares on 03/31/2013 worth $69,828,034. This brought the portfolio total to 0.07%.

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