Will Sony’s Move To Save Money Cause These Top Institutional Shareholders To Take Notice?
Sony Corporation (NYSE:SNE) made a move to save about ¥30 billion ($378.6 million) annually. They plan to do this by cutting about 10,000 jobs across their worldwide operations. They will cut 2000 jobs at their head office, a plant in central Japan, and another 2000 European workers will also be laid off. The remaining job losses will occur at other plants throughout the world.
Will Sony Corporation’s shareholders decrease their holdings? They reported owning a total of 489,619 shares on 09/30/2012. The shares closed at $11.70 on 09/30/2012.
Here are the six largest positions in Sony Corporation at the end of September 30th, 2012.
Bank of New York Mellon Corp held 210,066 shares on 09/30/2012 worth $2,457,772.
Calvert Investment Management Inc. held 164,360 shares on 09/30/2012 worth $1,923,012. This brought the portfolio total to 0.29%.
Capstone Asset Management Co held 42,666 shares on 09/30/2012 worth $499,192. This brought the portfolio total to 0.02%.
Nomura Holdings Inc held 36,005 shares on 09/30/2012 worth $421,258.
Cacti Asset Management LLC held 20,000 shares on 09/30/2012 worth $234,000. This brought the portfolio total to 0.06%.
Galaxy Capital Trading Ltd held 13,500 shares on 09/30/2012 worth $157,950. This brought the portfolio total to 0.11%.
Boyd Watterson Asset Management LLC/OH held 2,314 shares on 09/30/2012 worth $27,074. This brought the portfolio total to 0.02%.
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