Will Firstbank’s Improved Earnings Per Share Make These Top Institutional Shareholders Cheer?

Firstbank Corporation (NASDAQ:FBMI) has beat their third quarter $0.31 earnings per share estimates by $0.09.

Will Firstbank’s shareholders decrease their holdings? They reported owning a total of 36,048 shares on 09/30/2012. The shares closed at $10.01 on 09/30/2012.

Here are the ten largest positions in Firstbank Corporation at the end of September 30th, 2012.

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Park National Corp /OH/ held 36,048 shares on 09/30/2012 worth $360,840. This brought the portfolio total to 0.03%.

Sandler Oneill Asset Management LLC held 0 shares on 09/30/2012 worth $0. This brought the portfolio total to %.

Wellington Management Co LLP held 611,990 shares on 06/30/2012 worth $5,997,502. This brought the portfolio total to 0.0%.

Banc Funds Co LLC held 273,355 shares on 06/30/2012 worth $2,678,879. This brought the portfolio total to 0.34%.

Dimensional Fund Advisors LP held 259,122 shares on 06/30/2012 worth $2,539,396. This brought the portfolio total to 0.0%.

Vanguard Group Inc held 127,476 shares on 06/30/2012 worth $1,249,265. This brought the portfolio total to 0.0%.

Sandler Oneill Asset Management LLC held 102,500 shares on 06/30/2012 worth $1,004,500. This brought the portfolio total to 0.14%.

Citizens Bank held 44,398 shares on 06/30/2012 worth $435,100. This brought the portfolio total to 0.73%.

Renaissance Technologies LLC held 38,255 shares on 06/30/2012 worth $374,899. This brought the portfolio total to 0.0%.

Park National Corp /OH/ held 36,048 shares on 06/30/2012 worth $353,270. This brought the portfolio total to 0.03%.

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