Wall St. Watchdog reveals information regarding significant reduction in shares for AXA’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

Keycorp (NYSE:KEY): On 06/30/2011, AXA reported holding 4,487,666 shares. On 09/30/2011, AXA reported holding 1,000 shares. The net reduction in shares for this position is 4,486,666 or 99.98%. About Company: KeyCorp is a financial services holding company. The Company provides a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients.

Nelnet Inc. (NYSE:NNI): On 06/30/2011, AXA reported holding 5,783 shares. On 09/30/2011, AXA reported holding 27 shares. The net reduction in shares for this position is 5,756 or 99.53%. About Company: Nelnet, Inc. is a consumer finance company that provides products and services to participants in the education finance process. The Company originates, holds, and services education loans and offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan, and guarantee services.

Ingram Micro Inc. (NYSE:IM): On 06/30/2011, AXA reported holding 537,470 shares. On 09/30/2011, AXA reported holding 5,000 shares. The net reduction in shares for this position is 532,470 or 99.07%. About Company: Ingram Micro Inc. is a wholesale distributor of Information Technology (“IT”) products and services. The Company also markets computer hardware, networking equipment, and software products. Ingram Micro provides supply chain optimization services to suppliers and reseller customers.

Epiq Systems Inc. (NASDAQ:EPIQ): On 06/30/2011, AXA reported holding 2,298 shares. On 09/30/2011, AXA reported holding 22 shares. The net reduction in shares for this position is 2,276 or 99.04%. About Company: EPIQ Systems, Inc. develops, markets, licenses, and supports proprietary software products for bankruptcy trustees on a national basis. The Company also develops communications systems for business-to-business and enterprise-wide open file delivery.

Regions Financial Corp. (NYSE:RF): On 06/30/2011, AXA reported holding 119,277 shares. On 09/30/2011, AXA reported holding 1,300 shares. The net reduction in shares for this position is 117,977 or 98.91%. About Company: Regions Financial Corporation is a regional multi-bank holding company. The Company provides mortgage banking, credit life insurance, leasing, commercial accounts receivable factoring, specialty mortgage financing, and securities brokerage services. Regions provides banking services throughout the South, Midwest, and Eastern United States.

(Note: Data regarding AXA’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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