Will Alcatel-Lucent’s Patent Infringement Suit Bother These Top Institutional Shareholders?

Alcatel-Lucent’s (NYSE:ALU) Multimedia Patent Trust unit has sued Apple (NASDAQ:AAPL) and LG Electronics, alleging that they have infringed upon patents relating to video compression technology. According to court filings, the trust is seeking a royalty payment relating to three patents from Apple and for two from LG, quantified on the basis of the amount that would have been payable had a licensing agreement been entered by the defendants prior to commencement of the infringements.

Will Alcatel-Lucent’s shareholders increase their holdings? They reported owning a total of 206.868 million shares on 09/30/2012. The shares closed at $1.10 on 09/30/2012.

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Here are the eight largest positions in Alcatel-Lucent at the end of September 30th, 2012.

Manning & Napier Advisors LLC. held 92,677,988 shares on 09/30/2012 worth $101,945,789. This brought the portfolio total to 0.53%.

Price T Rowe Associates Inc. /MD/ held 33,620,900 shares on 09/30/2012 worth $36,982,991. This brought the portfolio total to 0.01%.

Neuberger Berman Group LLC. held 10,933,722 shares on 09/30/2012 worth $12,027,094. This brought the portfolio total to 0.02%.

Managed Account Advisors LLC. held 7,674,940 shares on 09/30/2012 worth $8,442,434. This brought the portfolio total to 0.01%.

FMR LLC. held 7,179,052 shares on 09/30/2012 worth $7,896,957. This brought the portfolio total to 0.0%.

Northern Trust Corp. held 3,456,113 shares on 09/30/2012 worth $3,801,724. This brought the portfolio total to 0.0%.

Kopp Investment Advisors LLC. held 3,169,119 shares on 09/30/2012 worth $3,486,031. This brought the portfolio total to 1.41%.

Gruber & McBaine Capital Management LLC. held 3,100,000 shares on 09/30/2012 worth $3,410,000. This brought the portfolio total to 0.92%.

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