Will AMD’s Top Institutional Investors Acquire More Shares on Heels of New Chips?

In 2012 trading, Advanced Micro Devices Inc.’s (NYSE:AMD) shares are up 5.74 percent. The company announced on May 21 its new R-series processors. They will improve high-definition video and 3D graphics quality on equipment found in casinos and hospitals. The chips will put together central processing units with specialized graphics processors that can manage demanding games and provide realistic video and crunch complex calculations.

In an AMD statement, it said the chips may provide quick response times on medical imaging, information, entertainment and advertising applications.

With the news of the new chips and their broad capabilities, will Advanced Micro Devices largest shareholders increase their holdings? 409 institutional firms indicated owning shares of Advanced Micro Devices, Inc. (NYSE:AMD) in Q1 2012. These firms reported owning a total of 1.256 billion shares on 03/31/2012 . The shares closed at $8.02 on 03/31/2012, for an aggregate market value of $10.069 billion.

Here are the ten largest positions in Advanced Micro Devices, Inc. at the end of March 31st, 2012.

Waterstone Capital Management L.P. held 112,369,000 shares on 03/31/2012 worth $116,976,000. This represented an increase of 0%, bringing the portfolio total to 8.58%.

Shenkman Capital Management Inc held 82,936,000 shares on 03/31/2012 worth $85,976,000. This represented an increase of 0%, bringing the portfolio total to 10.04%.

Tenor Capital Management Co. L.P. held 81,788,000 shares on 03/31/2012 worth $85,202,000. This represented an increase of 0%, bringing the portfolio total to 8.06%.

Ameriprise Financial Inc held 74,100,136 shares on 03/31/2012 worth $594,283,125. This represented an increase of 0%, bringing the portfolio total to 0.41%.

Radcliffe Capital Management L.P. held 72,569,000 shares on 03/31/2012 worth $73,746,000. This represented an increase of 0%, bringing the portfolio total to 18.52%.

Oppenheimer Funds Inc held 58,420,000 shares on 03/31/2012 worth $60,786,000. This represented an increase of 0%, bringing the portfolio total to 0.05%.

Steelhead Partners LLC held 47,034,000 shares on 03/31/2012 worth $48,582,000. This represented an increase of 0%, bringing the portfolio total to 3.62%.

Oppenheimer Funds Inc held 46,000,000 shares on 03/31/2012 worth $368,920,021. This represented an increase of 0%, bringing the portfolio total to 0.31%.

Killen Group Inc held 42,117,000 shares on 03/31/2012 worth $42,696,000. This represented an increase of 0%, bringing the portfolio total to 3.52%.

Fmr LLC held 36,684,150 shares on 03/31/2012 worth $294,206,900. This represented an increase of 0%, bringing the portfolio total to 0.05%.

About the company: Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.

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