Will Credit Suisse’s Bright Spot In Private Banking Options Be Enough To Satisfy These Top Institutional Shareholders?

Credit Suisse (NYSE:CS) reported a third quarter net profit of Fr. 254 million, which fell by 63% and missed the consensus of Fr. 415 million, primarily due to an accounting charge of Fr. 1.05 billion that adjusted the value of the bank’s outstanding debt. Private banking operations were a bright spot with profits growing 233% to Fr. 689 million, while investment banking improved to a pre-tax profit of Fr. 508 million as compared to a Fr. 720 million loss last year. Profits at asset management operations were also higher at Fr. 222 million compared to Fr. 97 million.

These institutional firms indicated owning shares of Credit Suisse Group (NYSE:CS) in Q3 2012. They reported owning a total of 951,737 shares on 09/30/2012. The shares closed at $21.15 on 09/30/2012.

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Here are the ten largest positions in Credit Suisse Group at the end of September 30th, 2012.

Sei Trust Co. held 361,200 shares on 09/30/2012 worth $7,639,380. This brought the portfolio total to 0.12%.

Bank of New York Mellon Corp. held 195,612 shares on 09/30/2012 worth $4,137,194. This brought the portfolio total to 0.0%.

Conning Inc. held 166,710 shares on 09/30/2012 worth $3,525,916. This brought the portfolio total to 0.33%.

Capstone Asset Management Co. held 60,136 shares on 09/30/2012 worth $1,271,876. This brought the portfolio total to 0.05%.

Hansberger Global Investors Inc/FL. held 47,778 shares on 09/30/2012 worth $1,010,505. This brought the portfolio total to 0.11%.

Calvert Investment Management Inc. held 33,797 shares on 09/30/2012 worth $714,807. This brought the portfolio total to 0.11%.

1st Global Advisors Inc. held 16,943 shares on 09/30/2012 worth $358,344. This brought the portfolio total to 0.08%.

Independent Portfolio Consultants Inc. held 15,780 shares on 09/30/2012 worth $333,747. This brought the portfolio total to 0.2%.

Huntington National Bank held 13,709 shares on 09/30/2012 worth $289,945. This brought the portfolio total to 0.01%.

Cacti Asset Management LLC. held 10,000 shares on 09/30/2012 worth $211,500. This brought the portfolio total to 0.06%.

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