Will Cerner’s Colossal Shareholders Buy More Stock After This New Strategic Alliance?
So far in 2012, Cerner Corp.’s (NASDAQ:CERN) shares are up 31.97 percent. On Tuesday, the company announced a collaboration with the not-for-profit Huntington Memorial Hospital in Pasadena, Calif. It will implement a suite of clinical and revenue cycle solutions that will allow complete interoperability across the organization through its connection with Huntington Hospital’s information exchange, Huntington Health eConnect. The hospital will also utilize Cerner® solutions with its electronic health record to coordinate care across numerous venues and enhance patient safety.
With the company’s new strategic alliance, will its largest shareholders up their holdings? 527 institutional firms indicated owning shares of Cerner Corp. (NASDAQ:CERN) in Q1 2012. These firms reported owning a total of 133.998 million shares on 03/31/2012. The shares closed at $76.16 on 03/31/2012.
Here are the ten largest positions in Cerner Corp. at the end of March 31st, 2012.
Vanguard Group Inc held 8,068,894 shares on 03/31/2012 worth $614,526,997. This brought the portfolio total to 0.08%.
Manning & Napier Advisors LLC held 6,535,124 shares on 03/31/2012 worth $497,715,068. This brought the portfolio total to 2.56%.
FMR LLC held 6,023,640 shares on 03/31/2012 worth $458,760,444. This brought the portfolio total to 0.08%.
Wellington Management Co LLP held 5,800,000 shares on 03/31/2012 worth $441,728,021. This brought the portfolio total to 0.16%.
State Street Corp held 5,366,891 shares on 03/31/2012 worth $408,742,438. This brought the portfolio total to 0.06%.
Blackrock Institutional Trust Company N.A. held 4,134,327 shares on 03/31/2012 worth $314,870,359. This brought the portfolio total to 0.07%.
Artisan Partners Limited Partnership held 4,012,436 shares on 03/31/2012 worth $305,587,140. This brought the portfolio total to 0.84%.
TCW Group Inc held 3,966,478 shares on 03/31/2012 worth $302,086,979. This brought the portfolio total to 1.24%.
Sands Capital Management LLC held 3,948,178 shares on 03/31/2012 worth $300,693,251. This brought the portfolio total to 1.35%.
Winslow Capital Management Inc /MN held 3,659,056 shares on 03/31/2012 worth $278,673,718. This brought the portfolio total to 0.83%.
About the company: Cerner Corporation is a worldwide supplier of healthcare solutions and services. The Company’s Solutions are designed to optimize clinical and financial outcomes for healthcare organizations ranging from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, and for the healthcare commerce system.
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