Has PANIC Hit These Research In Motion Top Institutional Shareholders?

Year-to-date, Research In Motion Limited (NASDAQ:RIMM) shares are down 28.76 percent. With this week’s announcement to appoint bankers to review its business options, including a possible sale, this will only push more corporate customers to offer their employees smartphones created by its rivals. A growing number of once devoted Blackberry users are now giving their staff an option to either use an Apple Inc. (NASDAQ:AAPL) iPhone or one using a Google Inc. (NASDAQ:GOOG) Android-operating system.

Don’t Miss: Here’s How Research in Motion COLLAPSED After Dominating the World.

Mobile phone industry consultants and experts have warned about an mass exodus by users. According to John Hering, chief executive of Lookout, one of the world’s largest mobile security products providers, said RIM’s uncertain future is ”scary to an end user.”  He added, ”RIM is looking at it as ‘How can we maximize the value of an asset’ as opposed to ‘How can we solve problems for the customer?’ That is making customers nervous.”

With the hiring of bankers to review business options and the flight of corporate customers to rival smartphones, will Research in Motion’s largest shareholders decrease their holdings? 223 institutional firms indicated owning shares of Research In Motion Limited (NASDAQ:RIMM) in Q1 2012. These firms reported owning a total of 142.442 million shares on 03/31/2012 . The shares closed at $14.70 on 03/31/2012, for an aggregate market value of $2.094 billion.

Here are the ten largest positions in Research In Motion Limited at the end of March 31st, 2012.

Blackrock Inc. held 9,800,373 shares on 03/31/2012 worth $144,065,481. This represented an increase of 0%, bringing the portfolio total to 0.25%.

Yacktman Asset Management Co/Il held 9,652,516 shares on 03/31/2012 worth $141,891,983. This represented an increase of 0%, bringing the portfolio total to 0.97%.

Susquehanna International Group LLP held 6,846,500 shares on 03/31/2012 worth $100,712,000. This represented an increase of 0.04%, bringing the portfolio total to 0.03%.

Cibc World Markets Inc. held 6,367,549 shares on 03/31/2012 worth $93,602,969. This represented an increase of 0%, bringing the portfolio total to 0.48%.

Toronto Dominion Bank held 5,571,448 shares on 03/31/2012 worth $81,900,285. This represented an increase of 0%, bringing the portfolio total to 0.32%.

Blackrock Institutional Trust Company N.A. held 5,420,195 shares on 03/31/2012 worth $79,676,865. This represented an increase of 0.02%, bringing the portfolio total to 0.02%.

Td Asset Management Inc held 5,221,921 shares on 03/31/2012 worth $76,762,238. This represented an increase of 0%, bringing the portfolio total to 0.2%.

Susquehanna International Group LLP held 4,772,400 shares on 03/31/2012 worth $70,202,000. This represented an increase of 0.07%, bringing the portfolio total to 0.02%.

Gcic Ltd. held 4,657,683 shares on 03/31/2012 worth $68,467,939. This represented an increase of 0%, bringing the portfolio total to 0.31%.

Franklin Resources Inc held 4,064,701 shares on 03/31/2012 worth $59,751,104. This represented an increase of 0.01%, bringing the portfolio total to 0.04%.

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Investing Insights: Early Buzzers: Morgan Stanley Defends Facebook, HP Receives Downgrade.

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