Will CBS’s New Discussions Benefit These Top Institutional Shareholders?

CBS (NYSE:CBS) has said that it is in exploratory talks with cable operators, to weigh moving local station signals off air and putting them through cable. The move comes as little surprise, and in direct response to the threat posed by Aereo to the Internet-streaming model, and its potential partnership with Dish Network (NASDAQ:DISH). CBS is joining other broadcasters in reviewing its options in light of the shifting market.

These institutional firms indicated owning shares of CBS Corporation in Q1 2013. They reported owning a total of 920,110 shares on 03/31/2013. The shares closed at $46.69 on 03/31/2013.

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Here are the nine largest positions in CBS Corporation at the end of March 31st, 2013.

British Columbia Investment Management Corp. held 362,562 shares on 03/31/2013 worth $16,928,000. This brought the portfolio total to 0.19%.

First Citizens Bank & Trust Co. held 76,040 shares on 03/31/2013 worth $3,550,000. This brought the portfolio total to 0.11%.

Calvert Investment Management Inc. held 74,395 shares on 03/31/2013 worth $3,474,000. This brought the portfolio total to 0.49%.

Farmers Trust Co. held 71,447 shares on 03/31/2013 worth $3,336,000. This brought the portfolio total to 1.25%.

Advantus Capital Management Inc. held 49,398 shares on 03/31/2013 worth $2,306,392. This brought the portfolio total to 0.1%.

Wolverine Asset Management LLC held 48,550 shares on 03/31/2013 worth $2,266,000. This brought the portfolio total to 0.06%.

Gerry Farber LLC held 16,000 shares on 03/31/2013 worth $747,000. This brought the portfolio total to 0.75%.

Fulton Bank N.A. held 12,825 shares on 03/31/2013 worth $599,000. This brought the portfolio total to 0.07%.

BB&T Corp. held 8,357 shares on 03/31/2013 worth $390,000. This brought the portfolio total to 0.02%.

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