Will Rambus’s Destruction Of Evidence Upset These Top Institutional Shareholders?

Rambus Inc. (NASDAQ:RMBS), the high-speed memory chip designer, is engaged in a systematic operation to destroy documents so that they can gain the upper hand in their patent infringement lawsuit against Micron Technology Inc, according to United States District Judge Sue Robinson. As a result, the judge barred Rambus from enforcing any of their 12 patents to obtain royalties from Micron. “Rambus’s destruction of evidence was of the worst type — intentional, widespread, advantage-seeking and concealed,” said the judge in her ruling.

Will Rambus Inc.’s shareholders decreasetheir holdings? They reported owning a total of 221.777 million shares on 09/30/2012. The shares closed at $5.54 on 09/30/2012.

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

Steelhead Partners LLC. held 30,180,000 shares on 09/30/2012 worth $30,369,000. This brought the portfolio total to 2.38%.

Corbyn Investment Management Inc./MD held 24,255,000 shares on 09/30/2012 worth $24,316,000. This brought the portfolio total to 3.99%.

Radcliffe Capital Management L.P. held 19,971,000 shares on 09/30/2012 worth $20,020. This brought the portfolio total to 3.23%.

Camden Asset Management L.P. /CA held 18,350,000 shares on 09/30/2012 worth $18,451,000. This brought the portfolio total to 1.38%.

FMR LLC. held 14,222,767 shares on 09/30/2012 worth $78,794,129. This brought the portfolio total to 0.01%.

Oaktree Capital Management L.P. held 12,500,000 shares on 09/30/2012 worth $12,620,000. This brought the portfolio total to 0.22%.

Symphony Asset Management LLC. held 12,455,000 shares on 09/30/2012 worth $12,486,000. This brought the portfolio total to 1.12%.

Ci Global Holdings Inc. held 10,357,000 shares on 09/30/2012 worth $10,383,000. This brought the portfolio total to 0.57%.

Primecap Management Co./CA/ held 9,188,622 shares on 09/30/2012 worth $50,904,966. This brought the portfolio total to 0.09%.

AQR Capital Management Llc. held 8,275,000 shares on 09/30/2012 worth $8,337,000. This brought the portfolio total to 0.04%.

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