Are EXCO Resources’s Top Institutional Shareholders Following the Leader?

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In 2012, EXCO Resources Inc. (NYSE:XCO) shares are down 32.06 percent. On Friday, the company’s shares rose 2.43 percent to $7.17 in after-market trading. Back in June, investor Wilbur Ross increased his approximately 29 million-share stake by an additional 700,000 shares at an average price of $6.78.

With the shares recent rise and Ross’ increased investment, will EXCO Resources largest shareholders increase their holdings? 3 institutional firms indicated owning shares of EXCO Resources Inc. (NYSE:XCO) in Q2 2012. These firms reported owning a total of 457,794 shares on 06/30/2012. The shares closed at $7.59 on 06/30/2012.

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

Marathon Asset Management LLP held 382,800 shares on 06/30/2012 worth $2,905,452. This brought the portfolio total to 0.03%.

Tradeworx Inc. held 63,562 shares on 06/30/2012 worth $482,436. This brought the portfolio total to 0.35%.

First Citizens Bank & Trust Co held 11,432 shares on 06/30/2012 worth $86,769. This brought the portfolio total to 0.0%.

Oaktree Capital Management LP held 36,778,946 shares on 03/31/2012 worth $243,844,416. This brought the portfolio total to 3.7%.

Invesco Private Capital Inc. held 29,504,077 shares on 03/31/2012 worth $195,612,034. This brought the portfolio total to 0.94%.

Ares Management LLC held 13,092,787 shares on 03/31/2012 worth $86,805,179. This brought the portfolio total to 5.13%.

Perkins Investment Management LLC held 13,085,630 shares on 03/31/2012 worth $86,757,728. This brought the portfolio total to 0.51%.

Cyrus Capital Partners LP held 6,921,223 shares on 03/31/2012 worth $45,887,709. This brought the portfolio total to 8.05%.

Vanguard Group Inc held 6,525,215 shares on 03/31/2012 worth $43,262,176. This brought the portfolio total to 0.01%.

Bank of New York Mellon Corp held 6,383,077 shares on 03/31/2012 worth $42,319,801. This brought the portfolio total to 0.02%.

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