Will GM’s Q1 Report Impress These Top Institutional Shareholders?
General Motors (NYSE:GM): For GM, the good news seems to keep coming. The Associated Press has reported that GM sold 2.63 million vehicles for the first quarter, beating out global rival Volkswagen (VLKAY.PK) and lifting its quarterly sales 3.6 percent over the same quarter last year. Although VW gained 5 percent, year over year, its 2.27 million vehicles sold was not enough to take second place from GM. Both companies trail Toyota (NYSE:TM), which is set to release its sales numbers next week. Cadillac spearheaded GM’s growth, with sales up 26 percent thanks to an overhaul of its product lines to encourage younger buyers.
These institutional firms indicated owning shares of General Motors Corporation in Q1 2013. They reported owning a total of 32.784 million shares on 03/31/2013. The shares closed at $27.82 on 03/31/2013.
Here are the nine largest positions in General Motors Corporation at the end of March 31st, 2013.
Vanguard Group Inc. held 23,957,498 shares on 03/31/2013 worth $666,497,587. This brought the portfolio total to 0.07%.
Atalanta Sosnoff Capital LLC held 3,162,699 shares on 03/31/2013 worth $87,986,000. This brought the portfolio total to 2.06%.
Hexavest Inc. held 2,424,875 shares on 03/31/2013 worth $67,460,000. This brought the portfolio total to 1.22%.
Parametric Portfolio Associates LLC held 652,973 shares on 03/31/2013 worth $18,166,000.
Korea Investment Corp. held 562,500 shares on 03/31/2013 worth $15,648,750. This brought the portfolio total to 0.21%.
Lincluden Management LTD held 399,595 shares on 03/31/2013 worth $11,116,733. This brought the portfolio total to 1.32%.
Stoneridge Investment Partners LLC held 279,326 shares on 03/31/2013 worth $7,771,000. This brought the portfolio total to 2.03%.
Acadian Asset Management LLC held 175,128 shares on 03/31/2013 worth $4,872,000. This brought the portfolio total to 0.03%.
Palladium Partners LLC held 167,715 shares on 03/31/2013 worth $4,666,000. This brought the portfolio total to 0.5%.
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