Will Harley-Davidson’s Net Income Woes Cause These Top Institutional Shareholders To Fret?

Harley-Davidson (NYSE:HOG) reported a third-quarter earnings per share of $0.59, which is ahead of expectations by $0.01, and revenues of $1.09 billion that missed by $30 million, down 11.6% on a year-on-year basis. Net income was down 27% to $134 million and was affected by a slowdown in motorcycle shipments due to the installation of new production systems at the company’s main assembly plant. On an overall basis, motorcycle sales were down 1.3% as sales in the United States fell 5.2%. International sales, however, rose 7.6%.

Will Harley-Davidson’s shareholders increase their holdings? They reported owning a total of 7.233 million shares on 09/30/2012. The shares closed at $42.37 on 09/30/2012.

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Here are the ten largest positions in Harley-Davidson, Inc. at the end of September 30th, 2012.

Bank of New York Mellon Corp held 2,560,204 shares on 09/30/2012 worth $108,475,841. This brought the portfolio total to 0.04%.

Pacific Heights Asset Management LLC held 1,515,000 shares on 09/30/2012 worth $64,190,548. This brought the portfolio total to 1.17%.

Mizuho Trust & Banking Co. Ltd. held 592,212 shares on 09/30/2012 worth $25,092,022. This brought the portfolio total to 0.1%.

Schwab Charles Investment Management Inc held 414,319 shares on 09/30/2012 worth $17,554,696. This brought the portfolio total to 0.05%.

SEI Trust Co held 355,473 shares on 09/30/2012 worth $15,061,391. This brought the portfolio total to 0.23%.

Chevy Chase Trust Holdings Inc. held 147,357 shares on 09/30/2012 worth $6,243,516. This brought the portfolio total to 0.07%.

Fisher Asset Management LLC held 126,507 shares on 09/30/2012 worth $5,360,101. This brought the portfolio total to 0.01%.

Public Employees Retirement Association of Colorado held 105,659 shares on 09/30/2012 worth $4,476,772. This brought the portfolio total to 0.04%.

Hardesty Capital Management Corp held 103,627 shares on 09/30/2012 worth $4,390,676. This brought the portfolio total to 1.16%.

Gateway Investment Advisers LLC held 101,393 shares on 09/30/2012 worth $4,296,021. This brought the portfolio total to 0.04%.

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