Will This Strategy Benefit Nokia’s Top Institutional Shareholders?

Nokia (NYSE:NOK): To make its products more desirable to the tech set, Nokia has invested itself in Pelican Imaging, to develop cameras that give greater depth and ease of splicing together images for use in its Lumia smartphone. While early mobile phone cameras tended to of infamously poor quality, the units have become selling points for companies which are now pushing them as easy ways to offer better tech than the competition.

These institutional firms indicated owning shares of Nokia Corporation in Q1 2013. They reported owning a total of 96.184 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.

Arrowstreet Capital Pimited Partnership held 44,633,630 shares on 03/31/2013 worth $146,398,305. This brought the portfolio total to 1.18%.

Morgan Stanley held 26,487,537 shares on 03/31/2013 worth $86,879,121. This brought the portfolio total to 0.04%.

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

Calamos Advisors LLC held 2,200,000 shares on 03/31/2013 worth $7,216,000. This brought the portfolio total to 0.04%.

BNP Paribas Arbitrage SA held 2,070,096 shares on 03/31/2013 worth $6,789,915. This brought the portfolio total to 0.01%.

Tocqueville Asset Management L.P. held 1,707,500 shares on 03/31/2013 worth $5,600,600. This brought the portfolio total to 0.06%.

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%.

Citigroup Inc. held 1,206,900 shares on 03/31/2013 worth $3,959,000.

State Street Corp. held 1,186,464 shares on 03/31/2013 worth $3,891,602.

Wells Fargo & Company held 894,913 shares on 03/31/2013 worth $2,935,315.

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