With Dell’s Top Institutional Shareholders Cut Their Holdings After Earnings?

For the year-to-date, Dell Inc.’s (NASDAQ:DELL) shares are down 20.16 percent. On Tuesday, the company reported its second quarter earnings. Its net income fell 17.8 percent to $732 million (42 cents per share) vs. $890 million (48 cents per share) from the previous year.

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Revenue dropped 7.5 percent to $14.48 billion from the prior year.

With an adjusted net income of 50 cents per share, the company beat estimates of 45 cents per share but came in short for its revenue estimate of $14.92 billion.

Michael Dell, chairman and CEO said of the quarter, “We’re transforming our business, not for a quarter or a fiscal year, but to deliver differentiated customer value for the long term. We’re clear on our strategy and we’re building a leading portfolio of solutions to help our customers achieve their goals.”

From its declining net income and revenue in the second quarter, will Dell’s largest shareholders decrease their holdings? 787 institutional firms indicated owning shares of Dell Inc. (NASDAQ:DELL) in Q2 2012. These firms reported owning a total of 1.246 billion shares on 06/30/2012. The shares closed at $12.51 on 06/30/2012.

Here are the ten largest positions in Dell Inc. at the end of June 30th, 2012.

Southeastern Asset Management Inc/TN/ held 132,591,870 shares on 06/30/2012 worth $1,658,724,324. This brought the portfolio total to 7.02%.

Price T Rowe Associates Inc /MD/ held 66,242,067 shares on 06/30/2012 worth $828,688,273. This brought the portfolio total to 0.26%.

State Street Corp held 66,108,075 shares on 06/30/2012 worth $827,012,033. This brought the portfolio total to 0.13%.

Vanguard Group Inc held 64,157,483 shares on 06/30/2012 worth $802,610,127. This brought the portfolio total to 0.11%.

Invesco Ltd. held 40,824,707 shares on 06/30/2012 worth $510,717,094. This brought the portfolio total to 0.28%.

Blackrock Institutional Trust Company N.A. held 40,169,101 shares on 06/30/2012 worth $502,515,463. This brought the portfolio total to 0.12%.

Mackenzie Financial Corp held 39,347,708 shares on 06/30/2012 worth $492,239,836. This brought the portfolio total to 2.32%.

Citigroup Inc held 31,168,385 shares on 06/30/2012 worth $389,916,503. This brought the portfolio total to 0.34%.

Dodge & Cox held 24,043,200 shares on 06/30/2012 worth $300,780,438. This brought the portfolio total to 0.41%.

Franklin Resources Inc held 23,085,295 shares on 06/30/2012 worth $288,797,046. This brought the portfolio total to 0.2%.

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