Will First Solar’s Top Institutional Shareholders Sell on Bad Sector News?

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Rising manufacturing capacity of solar panels and wind turbines in China has made a large oversupply and a possible financial crisis for manufacturers such as First Solar, Inc. (NASDAQ:FSLR) and state-owned banks, according to the New York Times. China’s most prominent solar panel makers have faced losses of as much as $1 for every $3 of sales during the year.

Will First Solar’s largest shareholders reduce their holdings? These firms reported owning a total of 31,200 shares on 09/30/2012. The shares closed at $22.15 on 09/30/2012.

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

River & Mercantile Asset Management LLP held 31,000 shares on 09/30/2012 worth $686,495. This brought the portfolio total to 0.12%.

Penseco Financial Services Corp held 200 shares on 09/30/2012 worth $4,429. This brought the portfolio total to 0.0%..

Price T Rowe Associates Inc /MD/ held 7,623,761 shares on 06/30/2012 worth $114,813,844. This brought the portfolio total to 0.04%.

Morgan Stanley Held 6,732,835 shares on 06/30/2012 worth $101,396,498. This brought the portfolio total to 0.06%.

Putnam Investment Management LLC held 4,011,700 shares on 06/30/2012 worth $60,416,204. This brought the portfolio total to 0.17%.

Vanguard Group Inc held 3,780,735 shares on 06/30/2012 worth $56,937,871. This brought the portfolio total to 0.01%.

Susquehanna International Group LLP held 3,381,300 shares on 06/30/2012 worth $50,923. This brought the portfolio total to 0.0%.

Coatue Management LLC held 2,928,677 shares on 06/30/2012 worth $44,105,877. This brought the portfolio total to 0.83%.

Citigroup Inc held 2,633,966 shares on 06/30/2012 worth $39,668,000. This brought the portfolio total to 0.03%.

State Street Corp held 2,630,665 shares on 06/30/2012 worth $39,617,816. This brought the portfolio total to 0.01%.

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