Will Netflix’s Alleged SEC Violation Shock These Top Institutional Shareholders?

Netflix Inc. (NASDAQ:NFLX) and their Chief Executive Officer Reed Hastings have fallen foul of the Securities and Exchange Commission for allegedly violating Regulation Fair Disclosure. The SEC has issued a “Wells Notice” to them, indicating the possibility of a cease and desist proceeding and/or a civil injunctive action for a disclosure by Hastings on his Facebook page this past July, indicating that the company had streamed over 1 billion hours in June.

Will Netflix Inc.’s shareholders increase their holdings? They reported owning a total of 63.408 million shares on 09/30/2012. The shares closed at $54.44 on 09/30/2012.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

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

Capital Research Global Investors held 6,581,585 shares on 09/30/2012 worth $358,301,478. This brought the portfolio total to 0.17%.

Price T. Rowe Associates Inc. /MD/ held 5,842,013 shares on 09/30/2012 worth $318,039,180. This brought the portfolio total to 0.09%.

Davis Selected Advisers held 4,169,204 shares on 09/30/2012 worth $226,971,460. This brought the portfolio total to 0.54%.

UBS AG held 3,153,563 shares on 09/30/2012 worth $171,679,965. This brought the portfolio total to 0.32%.

Vanguard Grooup Inc. held 3,092,542 shares on 09/30/2012 worth $168,357,982. This brought the portfolio total to 0.02%.

Susquehanna International Group LLP held 2,650,300 shares on 09/30/2012 worth $144,282. This brought the portfolio total to 0.0%.

State Street Corp. held 2,293,296 shares on 09/30/2012 worth $124,847,031. This brought the portfolio total to 0.02%.

Susquehanna International Group LLP held 2,163,000 shares on 09/30/2012 worth $117,754. This brought the portfolio total to 0.0%.

Goldman Sachs Group Inc. held 1,772,124 shares on 09/30/2012 worth $96,474,428. This brought the portfolio total to 0.04%.

D. E. Shaw & Co. Inc. held 1,714,300 shares on 09/30/2012 worth $93,326,000. This brought the portfolio total to 0.22%.

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.

More from The Cheat Sheet