Will Pandora’s Milestone Make These Top Institutional Shareholders Happy?
Internet radio service Pandora (NYSE:P) announces that it achieved a significant milestone of 200 million registered users in the US, nearly 8 years after the launch of the radio service in the summer of 2005. Significantly, the service added 100 million users in just the last two years. Other notable achievements, displayed on its infographic, reveal the service plays 200 million songs before 10 AM every day, and that listeners have personalised their radio stations with more than 25 billion ‘thumbs.’
These institutional firms indicated owning shares of Pandora Media in Q1 2013. They reported owning a total of 4.897 million shares on 03/31/2013. The shares closed at $14.16 on 03/31/2013.
Here are the six largest positions in Pandora at the end of March 31, 2013.
Greylock XII GP held 4,893,141 shares on 03/31/2013 worth $69,286,000. This brought the portfolio total to 100.0 percent.
Tower Research Capital held 2,591 shares on 03/31/2013 worth $37,000. This brought the portfolio total to 0.01 percent.
Creative Planning held 672 shares on 03/31/2013 worth $10,000. This brought the portfolio total to 0.0 percent.
Central Bank & Trust held 250 shares on 03/31/2013 worth $4,000. This brought the portfolio total to 0.0 percent.
Crosslink Capital held 33,534,750 shares on 12/31/2012 worth $307,849,015. This brought the portfolio total to 34.48 percent.
Wellington Management held 20,407,058 shares on 12/31/2012 worth $187,336,799. This brought the portfolio total to 0.01 percent.
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