What Will This Bid Mean For Verizon’s Top Institutional Shareholders?

Verizon Wireless (NYSE:VZ): The nation’s largest wireless carrier is exploring a $100 billion bid to buy out the 45 percent stake that British firm Vodafone (NASDAQ:VOD) has in the company, and has hired a panel of banking professionals and legal advisors to assist in its decision. The company is pushing for a “tax efficient” way of performing the buyout, which has little concern of sparking similar antitrust investigations that blocked rival AT&T’s (NYSE:T) buyout of T-Mobile.

These institutional firms indicated owning shares of Verizon Communications Inc. in Q1 2013. They reported owning a total of 520.191 million shares on 03/31/2013. The shares closed at $48.64 on 03/31/2013.

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

Vanguard Group Inc. held 132,262,840 shares on 03/31/2013 worth $6,500,718,788. This brought the portfolio total to 0.71%.

Blackrock Institutional Trust Company N.A. held 76,612,668 shares on 03/31/2013 worth $3,765,512,749. This brought the portfolio total to 0.77%.

Bank of New York Mellon Corp. held 41,084,149 shares on 03/31/2013 worth $2,019,285,986. This brought the portfolio total to 0.64%.

JPMorgan Chase & Co. held 31,154,240 shares on 03/31/2013 worth $1,531,230,944. This brought the portfolio total to 0.5%.

Blackrock Fund Advisors held 29,840,647 shares on 03/31/2013 worth $1,466,667,846. This brought the portfolio total to 0.56%.

Blackrock Group Ltd held 22,113,762 shares on 03/31/2013 worth $1,086,891,436. This brought the portfolio total to 0.8%.

Blackrock Advisors LLC held 18,951,035 shares on 03/31/2013 worth $931,443,399. This brought the portfolio total to 0.93%.

Morgan Stanley held 13,223,147 shares on 03/31/2013 worth $649,917,695. This brought the portfolio total to 0.34%.

Blackrock Investment Management LLC held 12,913,413 shares on 03/31/2013 worth $634,694,269. This brought the portfolio total to 1.1%.

Federated Investors Inc. held 11,643,255 shares on 03/31/2013 worth $572,266,001. This brought the portfolio total to 2.32%.

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