Will Belden Inc.’s Decision to Sell Their Businesses Enliven These Top Institutional Shareholders?

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Belden Inc. (NYSE:BDC), a signal transmission solutions provider, is selling their Thermax and Raydex cable businesses, which cater to the aerospace and defense sectors, to Carlisle Companies Incorporated for an approximate consideration of $265 million. The transaction is expected to close by December 31st. Belden also announced a new share repurchase program worth $200 million. President and Chief Executive Officer John Stroup said, “We believe this transaction is in the best interest of shareholders as we further transform our portfolio.”

Will Belden Inc.’s shareholders increase their holdings? They reported owning a total of 43.651 million shares on 09/30/2012. The shares closed at $36.88 on 09/30/2012.

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

Wellington Management Co. LLP. held 5,810,134 shares on 09/30/2012 worth $214,277,748. This brought the portfolio total to 0.08%.

Invesco Ltd. held 2,925,164 shares on 09/30/2012 worth $107,880,051. This brought the portfolio total to 0.06%.

Vanguard Group Inc. held 2,800,901 shares on 09/30/2012 worth $103,297,232. This brought the portfolio total to 0.01%.

Frontier Capital Management Co. LLC. held 2,653,572 shares on 09/30/2012 worth $97,863,738. This brought the portfolio total to 1.06%.

Allianz Asset Management Ag held 2,211,332 shares on 09/30/2012 worth $81,553,927. This brought the portfolio total to 0.09%.

Blackrock Fund Advisors held 2,070,292 shares on 09/30/2012 worth $76,352,371. This brought the portfolio total to 0.03%.

Price T. Rowe Associates Inc. /MD/ held 2,039,673 shares on 09/30/2012 worth $75,223,142. This brought the portfolio total to 0.02%.

Kalmar Investments Inc. /DE/ held 1,531,309 shares on 09/30/2012 worth $56,474,678. This brought the portfolio total to 1.31%.

FMR LLC. held 1,435,100 shares on 09/30/2012 worth $52,926,490. This brought the portfolio total to 0.01%.

Blackrock Institutional Trust Company N.A. held 1,217,513 shares on 09/30/2012 worth $44,901,881. This brought the portfolio total to 0.01%.

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