Will Intel’s Break From Tradition Sit Well With These Top Institutional Shareholders?

Intel Corporation (NASDAQ:INTC), in a break from tradition, has hired global executive search firm Spencer Stuart & Associates Ltd. to find their next Chief Executive Officer to replace their current CEO, Paul Otellini, according to Bloomberg. To the surprise of many, the top post may be filled from the outside. Internal candidates in the running are likely to be Chief Operating Officer Brian Krzanich, Chief Financial Officer Stacy Smith and software head Renee James, according to sources. However, a spokeswoman for Intel said yesterday, “No candidate has the inside track and the board will be equally looking at internal and external candidates.” Considering the challenges facing Intel from mobile computing, the board may well lean in favor of an external appointment.

Will Intel Corporation’s shareholders decrease their holdings? They reported owning a total of 2.622 billion shares on 12/31/2012. The shares closed at $20.40 on 12/31/2012.

Here are the ten largest positions in Intel Corporation at the end of December 31st, 2012.

State Street Corp. held 243,850,564 shares on 12/31/2012 worth $5,028,198,834. This brought the portfolio total to 0.73%.

Vanguard Group Inc. held 224,362,465 shares on 12/31/2012 worth $4,626,354,217. This brought the portfolio total to 0.58%.

Blackrock Institutional Trust Company N.A. held 132,295,175 shares on 12/31/2012 worth $2,727,926,620. This brought the portfolio total to 0.64%.

Zazove Associates LLC. held 119,211,000 shares on 12/31/2012 worth $140,100,000. This brought the portfolio total to 3.58%.

American Century Companies Inc. held 115,544,000 shares on 12/31/2012 worth $120,382,000. This brought the portfolio total to 0.17%.

Bank of New York Mellon Corp. held 107,648,009 shares on 12/31/2012 worth $2,219,702,036. This brought the portfolio total to 0.78%.

J.P Morgan Chase & Co. held 89,589,000 shares on 12/31/2012 worth $97,117,000. This brought the portfolio total to 0.03%.

Aviva PLC. held 77,750,000 shares on 12/31/2012 worth $81,143,000. This brought the portfolio total to 0.96%.

Harris Associates L.P. held 64,099,640 shares on 12/31/2012 worth $1,321,734,631. This brought the portfolio total to 3.19%.

Pioneer Investment Management Inc. held 63,750,000 shares on 12/31/2012 worth $66,100,000. This brought the portfolio total to 0.28%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.