Will Nokia’s Top Institutional Shareholders Benefit From This Legal Verdict?

Nokia (NYSE:NOK): Nokia has been granted an injunction by HTC in a Dutch court, after filing claims that components used by the Taiwanese firm rely on Nokia’s HAAC technology. The ruling, prohibiting the company from using the parts which are related to the microphone components made by STMicroelectronics (NYSE:STM) in its phones, issue a blow to struggling HTC, but offer a boon to struggling Nokia.

These institutional firms indicated owning shares of Nokia Corporation in Q1 2013. They reported owning a total of 10.221 million shares on 03/31/2013. The shares closed at $3.28 on 03/31/2013.

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Here are the ten largest positions in Nokia Corporation at the end of March 31st, 2013.

STRS Ohio held 2,819,602 shares on 03/31/2013 worth $9,248,294. This brought the portfolio total to 0.04%.

Foundation Resource Management Inc. held 1,680,778 shares on 03/31/2013 worth $5,513,000. This brought the portfolio total to 0.66%.

BMO Financial Corp held 840,350 shares on 03/31/2013 worth $2,756,348. This brought the portfolio total to 0.0%.

Parametric Portfolio Associates LLC held 690,423 shares on 03/31/2013 worth $2,264,587. This brought the portfolio total to 0.01%.

Winchester Group Inc. held 497,547 shares on 03/31/2013 worth $1,631,954. This brought the portfolio total to 0.32%.

North Star Investment Management Corp. held 440,280 shares on 03/31/2013 worth $1,444,000. This brought the portfolio total to 0.4%.

World Asset Management Inc. held 438,276 shares on 03/31/2013 worth $1,437,545. This brought the portfolio total to 0.03%.

Goelzer Investment Management Inc. held 419,801 shares on 03/31/2013 worth $1,376,947. This brought the portfolio total to 0.32%.

Patten & Patten Inc. held 334,200 shares on 03/31/2013 worth $1,096,176. This brought the portfolio total to 0.17%.

Bank of New York Mellon Corp. held 280,448 shares on 03/31/2013 worth $919,869. This brought the portfolio total to 0.0%.

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