Will Best Buy’s Marketing Strategy For The Holiday Season Make These Top Institutional Shareholders Cheer?

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Best Buy (NYSE:BBY) plans to meet “show rooming,” head on, by matching this holiday season’s prices quoted by Amazon. The big box retailer hopes to improve the conversion ratio of shoppers who visit the store and make a purchase. Right now, this only occurs 40% of  the time.

Will Best Buy’s shareholders increase their holdings? They reported owning a total of 976,754 shares on 09/30/2012. The shares closed at $17.20 on 09/30/2012.

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

Kempner Capital Management Inc. held 396,020 shares on 09/30/2012 worth $6,811,544. This brought the portfolio total to 2.69%.

Capstone Asset Management Co held 194,284 shares on 09/30/2012 worth $3,341,685. This brought the portfolio total to 0.13%.

Chevy Chase Trust holdings Inc. held 174,729 shares on 09/30/2012 worth $3,005,339. This brought the portfolio total to 0.03%.

Denali Advisors LLC held 105,700 shares on 09/30/2012 worth $1,818,040. This brought the portfolio total to 0.33%.

Livforsakringsaktiebolaget skandia (publ) held 30,900 shares on 09/30/2012 worth $531,480. This brought the portfolio total to 0.48%.

Hudson Valley Investment Advisors LLC held 30,262 shares on 09/30/2012 worth $520,506. This brought the portfolio total to 0.39%.

First Citizens Bank & Trust Co held 25,931 shares on 09/30/2012 worth $446,013. This brought the portfolio total to 0.02%.

Virtu Financial LLC held 16,696 shares on 09/30/2012 worth $287,171. This brought the portfolio total to 0.03%.

First Financial Corp /IN/ held 1,227 shares on 09/30/2012 worth $21,104. This brought the portfolio total to 0.01%.

Monroe Bank & Trust/MI held 555 shares on 09/30/2012 worth $9,546. This brought the portfolio total to 0.0%.

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Don’t Miss: Best Buy’s New Pricing Strategy Should Have Online Retailers Shaking in Their Boots.


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