Will Cisco’s Colossal Investors Buy More After Yang’s Exit?

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In 2012, Cisco Systems, Inc.’s (NASDAQ:CSCO) shares are up 5.03 percent. On Wednesday, the company said Yahoo! Inc. (NASDAQ:YHOO) co-founder Jerry Yang will retire from its board of directors.

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In a Securities and Exchange Commission filing, Cisco said that Yang is resigning to “more fully pursue new personal and business interests.” Yang had joined the board in 2000.

Cisco doesn’t plan to replace Yang after its Nov. 15 annual shareholders meeting. The board will now number 13 members.

From Yang’s resignation, will Cisco’s largest shareholders buy more?1616 institutional firms indicated owning shares of Cisco Systems, Inc. (NASDAQ:CSCO) in Q2 2012. These firms reported owning a total of 3.741 billion shares on 06/30/2012. The shares closed at $17.09 on 06/30/2012.

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

Vanguard Group Inc held 231,975,590 shares on 06/30/2012 worth $3,983,020,898. This brought the portfolio total to 0.54%.

State Street Corp held 212,583,805 shares on 06/30/2012 worth $3,650,063,948. This brought the portfolio total to 0.58%.

Invesco Ltd. held 118,040,262 shares on 06/30/2012 worth $2,026,751,308. This brought the portfolio total to 1.11%.

Bank of New York Mellon Corp held 109,802,551 shares on 06/30/2012 worth $1,885,309,809. This brought the portfolio total to 0.73%.

Wellington Management Co LLP held 100,202,345 shares on 06/30/2012 worth $1,720,474,271. This brought the portfolio total to 0.64%.

JPMorgan Chase & Co held 84,908,860 shares on 06/30/2012 worth $1,457,885,133. This brought the portfolio total to 0.56%.

Franklin Resources Inc held 82,716,544 shares on 06/30/2012 worth $1,420,243,067. This brought the portfolio total to 0.97%.

FMR LLC held 80,917,125 shares on 06/30/2012 worth $1,389,347,042. This brought the portfolio total to 0.27%.

Northern Trust Corp held 74,447,188 shares on 06/30/2012 worth $1,278,258,224. This brought the portfolio total to 0.57%.

Price T Rowe Associates Inc /MD/ held 70,142,969 shares on 06/30/2012 worth $1,204,354,783. This brought the portfolio total to 0.38%.

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