Will Monster Beverage’s Fresh Share Repurchase Program Please These Top Institutional Shareholders?

Monster Beverage Corp. (NASDAQ:MNST) announced that their Board of Directors have authorized a fresh share repurchase program valued at $250 million as the availability of their previous state-sanctioned purchase plan of $500 million has been exhausted.

Will Monster Beverage Corp.’s shareholders increase their holdings? They reported owning a total of 46.549 million shares on 09/30/2012. The shares closed at $54.06 on 09/30/2012.

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Here are the ten largest positions in Monster Beverage Corp. at the end of September 30th, 2012.

Blackrock Institutional Trust Company N.A. held 5,665,081 shares on 09/30/2012 worth $306,254,287. This brought the portfolio total to 0.07%.

J.P Morgan Chase & Co. held 4,533,028 shares on 09/30/2012 worth $245,055,500. This brought the portfolio total to 0.09%.

Franklin Resources Inc. held 4,091,464 shares on 09/30/2012 worth $221,184,549. This brought the portfolio total to 0.14%.

UBS Global Asset Management Americas Inc. held 3,500,653 shares on 09/30/2012 worth $189,245,306. This brought the portfolio total to 0.27%.

American Century Companies Inc. held 2,222,725 shares on 09/30/2012 worth $120,160,517. This brought the portfolio total to 0.16%.

Bank of New York Mellon Corp. held 1,867,583 shares on 09/30/2012 worth $100,961,540. This brought the portfolio total to 0.04%.

Blackrock Fund Advisors held 1,658,281 shares on 09/30/2012 worth $89,646,673. This brought the portfolio total to 0.04%.

Grantham Mayo Van Otterloo & Co. LLC. held 1,571,165 shares on 09/30/2012 worth $84,937,182. This brought the portfolio total to 0.25%.

Munder Capital Management held 1,559,589 shares on 09/30/2012 worth $84,311,383. This brought the portfolio total to 0.8%.

Blackrock Group Ltd. held 1,414,161 shares on 09/30/2012 worth $76,449,546. This brought the portfolio total to 0.06%.

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