Will General Electric’s Bond Offering Upset These Top Institutional Shareholders?

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General Electric Co. (NYSE:GE), as they issued debt of almost $7 billion, made their first bond offering in almost five years. This was done in an effort to insulate themselves from likely market upheavals as well as the consequent funding problems in the event that Congress will be unable to avert the “fiscal cliff.”  Out of the $7 billion, $5 billion was used for refinancing bonds that will mature in February.

Will General Electric Co.’s shareholders decrease their holdings? They reported owning a total of 421.032 million shares on 09/30/2012. The shares closed at $22.71 on 09/30/2012.

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Here are the ten largest positions in General Electric Co. at the end of September 30th, 2012.

Bank of New York Mellon Corp held 163,457,563 shares on 09/30/2012 worth $3,712,121,106. This brought the portfolio total to 1.36%.

Fisher Asset Management LLC held 31,277,760 shares on 09/30/2012 worth $710,317,901. This brought the portfolio total to 1.96%.

Schwab Charles Investment Management Inc held 26,739,044 shares on 09/30/2012 worth $607,243,665. This brought the portfolio total to 1.69%.

Mizuho Trust & Banking Co. ltd. held 19,071,527 shares on 09/30/2012 worth $433,114,361. This brought the portfolio total to 1.69%.

Strs Ohio held 15,165,877 shares on 09/30/2012 worth $344,417,053. This brought the portfolio total to 1.52%.

Gateway Investment Advisers LLC held 7,954,532 shares on 09/30/2012 worth $180,647,414. This brought the portfolio total to 1.8%.

Wellcome Trust Ltd (the) as trustee of the wellcome trust held 7,500,000 shares on 09/30/2012 worth $170,324,993. This brought the portfolio total to 2.27%.

Chevy Chase Trust Holdings Inc. held 7,418,986 shares on 09/30/2012 worth $168,485,165. This brought the portfolio total to 1.79%.

Atalanta Sosnoff Capital LLC held 7,189,275 shares on 09/30/2012 worth $163,268,429. This brought the portfolio total to 3.75%.

Public Employees Retirement Association of Colorado held 6,793,486 shares on 09/30/2012 worth $154,280,061. This brought the portfolio total to 1.26%.

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