Will Royal Bank of Scotland’s Libor Scandal Fines Frustrate These Top Institutional Shareholders?

Royal Bank of Scotland (NYSE:RBS) may be the next bank to face a massive fine for allegedly engaging in the Libor rate fixing scandal. According to reports, they may have to pay as much as £350 million, which is somewhat higher than the fine of £290 million imposed on Barclays (NYSE:BCS), and much lower than last week’s fine of £1.2 billion on HSBC (NYSE:HBC) for allegedly laundering cash on behalf of questionable entities such as Mexican drug smugglers and banned states like Iran.

Will Royal Bank of Scotland Group PLC.’ shareholders decrease their holdings? They reported owning a total of 5.97 million shares on 09/30/2012. The shares closed at $8.32 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 Royal Bank of Scotland Group PLC. at the end of September 30th, 2012.

Dimensional Fund Advisors L.P. held 2,005,981 shares on 09/30/2012 worth $16,689,761. This brought the portfolio total to 0.02%.

Bank of New York Mellon Corp. held 1,139,991 shares on 09/30/2012 worth $9,484,725. This brought the portfolio total to 0.0%.

Kynikos Associates L.P. held 851,400 shares on 09/30/2012 worth $7,083,648. This brought the portfolio total to 2.42%.

World Asset Management Inc. held 421,497 shares on 09/30/2012 worth $3,506,855. This brought the portfolio total to 0.08%.

Northern Trust Corp. held 134,635 shares on 09/30/2012 worth $1,120,163. This brought the portfolio total to 0.0%.

Comerica bank held 124,950 shares on 09/30/2012 worth $1,039,584. This brought the portfolio total to 0.01%.

Getco Holding Company LLC. held 116,166 shares on 09/30/2012 worth $966,501. This brought the portfolio total to 0.17%.

Susquehanna International Group LLP. held 108,300 shares on 09/30/2012 worth $901. This brought the portfolio total to 0.0%.

Credit Suisse AG held 94,052 shares on 09/30/2012 worth $782,513. This brought the portfolio total to 0.0%.

Aperio Group LLC held 91,796 shares on 09/30/2012 worth $763,743. This brought the portfolio total to 0.03%.

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