Will Yahoo!’s Alleged Breach Of Contract Worry These Top Institutional Shareholders?

Yahoo! Inc. (NASDAQ:YHOO) will appeal a $2.7 billion judgement against them that was issued last Friday by a Mexican civil court for alleged breach of contract regarding an online Yellow Pages listings service. According to Reuters, who cited a person familiar with the matter, Yahoo believes that the court’s decision suffers from errors in procedure and application of the law. The full details of the suit are not yet available, but it was filed by Mexican companies Worldwide Directories S.A. de C.V. and Ideas Interactivas S.A. de C.V. against Yahoo and Yahoo de Mexico. Yahoo had a commercial relationship with these companies from 2002 through 2009.

Will Yahoo! Inc.’s shareholders increase their holdings? They reported owning a total of 903.005 million shares on 09/30/2012. The shares closed at $15.98 on 09/30/2012.

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Here are the ten largest positions in Yahoo! Inc. at the end of September 30th, 2012.

Third Point LLC. held 73,000,400 shares on 09/30/2012 worth $1,166,181,418. This brought the portfolio total to 23.0%.

Vanguard Group Inc. held 47,276,026 shares on 09/30/2012 worth $755,234,533. This brought the portfolio total to 0.1%.

State Street Corp. held 46,150,424 shares on 09/30/2012 worth $737,253,041. This brought the portfolio total to 0.11%.

Capital Research Global Investors held 35,935,098 shares on 09/30/2012 worth $574,063,204. This brought the portfolio total to 0.27%.

Invesco Ltd. held 31,610,962 shares on 09/30/2012 worth $504,985,130. This brought the portfolio total to 0.26%.

Capital World Investors held 30,467,243 shares on 09/30/2012 worth $486,714,219. This brought the portfolio total to 0.18%.

Blackrock Institutional Trust Company N.A. held 29,671,220 shares on 09/30/2012 worth $474,146,082. This brought the portfolio total to 0.11%.

Tiger Global Management LLC. held 25,000,000 shares on 09/30/2012 worth $399,375,010. This brought the portfolio total to 5.61%.

Fir Tree Inc. held 14,565,024 shares on 09/30/2012 worth $232,676,264. This brought the portfolio total to 6.18%.

Northern Trust Corp. held 13,831,329 shares on 09/30/2012 worth $220,955,486. This brought the portfolio total to 0.09%.

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