Will J. C. Penney’s Poor Performance During The Holidays Give Agita To These Top Institutional Shareholders?

J.C. Penney Company, Inc. (NYSE:JCP) had a diminishing cash hoard and a dismal holiday sales season which could force their Chief Executive Officer, Ron Johnson, to cut a few hundred more jobs at the retailer’s headquarters later this month. A former employee alleged that the job cuts were scheduled for last month, but were put off so that related severance costs could be booked into the new fiscal year. With Johnson’s emphasis on fashionable brands, insiders fear that workers associated with the retailer’s private brands are most in danger of receiving the pink slips.

Will  J. C. Penney Company, Inc.’s shareholders decrease their holdings? They reported owning a total of 21.085 million shares on 12/31/2012. The shares closed at $19.71 on 12/31/2012.

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Here are the ten largest positions in J. C. Penney Company, Inc. at the end of December 31st, 2012.

Vanguard Group Inc. held 9,378,824 shares on 12/31/2012 worth $184,856,612. This brought the portfolio total to 0.02%.

Bank of New York Mellon Corp. held 1,498,162 shares on 12/31/2012 worth $29,528,772. This brought the portfolio total to 0.01%.

State of New Jersey Common Pension Fund A held 1,235,000 shares on 12/31/2012 worth $24,341,849. This brought the portfolio total to 0.14%.

Legal & General Group PLC. held 937,272 shares on 12/31/2012 worth $18,473,630. This brought the portfolio total to 0.03%.

Quantitative Investment Management LLC. held 854,300 shares on 12/31/2012 worth $16,838,252. This brought the portfolio total to 0.63%.

California Public Employees Retirement System held 792,963 shares on 12/31/2012 worth $15,629,300. This brought the portfolio total to 0.03%.

Great West Life Assurance Co. /Can/ held 428,499 shares on 12/31/2012 worth $8,445,715. This brought the portfolio total to 0.06%.

Oxford Asset Management held 410,052 shares on 12/31/2012 worth $8,082,125. This brought the portfolio total to 0.12%.

Mitsubishi Ufj Trust & Banking Corp. held 361,094 shares on 12/31/2012 worth $7,117,162. This brought the portfolio total to 0.02%.

Canada Pension Plan Investment Board held 324,500 shares on 12/31/2012 worth $6,395,895. This brought the portfolio total to 0.04%.

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