Will Las Vegas Sands’s Steps To Prevent Money Laundering Satisfy These Top Institutional Shareholders?

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Las Vegas Sands Corp. (NYSE:LVS) is facing increasing regulatory probes regarding their procedures to prevent money laundering and they have taken several steps to overhaul their compliance procedures. The company will no longer process international money transfers for high-rolling customers nor allow gamblers to use aliases for transferring funds from their accounts. The casino operator is also retraining staff on United Statesanti-bribery laws and has appointed ex-FBI agents to improve background checks on VIP customers and junket operators.

Will  Las Vegas Sands Corp.’s shareholders decrease their holdings? They reported owning a total of 8.242 million shares on 12/31/2012. The shares closed at $46.16 on 12/31/2012.

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Here are the ten largest positions in Las Vegas Sands Corp. at the end of December 31st, 2012.

Strs Ohio held 1,922,176 shares on 12/31/2012 worth $88,727,644. This brought the portfolio total to 0.39%.

California Public Employees Retirement System held 885,369 shares on 12/31/2012 worth $40,868,633. This brought the portfolio total to 0.09%.

Mizuho Trust & Banking Co. ltd. held 662,281 shares on 12/31/2012 worth $30,570,891. This brought the portfolio total to 0.12%.

Commerzbank Aktiengesellschaft /FI held 523,580 shares on 12/31/2012 worth $24,168,453. This brought the portfolio total to 0.19%.

Atalanta Sosnoff Capital LLC. held 500,483 shares on 12/31/2012 worth $23,102,295. This brought the portfolio total to 0.57%.

Sei Trust Co. held 384,210 shares on 12/31/2012 worth $17,735,134. This brought the portfolio total to 0.26%.

Honeywell International Inc. held 382,900 shares on 12/31/2012 worth $17,674,664. This brought the portfolio total to 0.6%.

State of New Jersey Common Pension Fund A held 294,000 shares on 12/31/2012 worth $13,571,040. This brought the portfolio total to 0.08%.

Teachers Retirement System of the State of Kentucky held 231,200 shares on 12/31/2012 worth $10,672,192. This brought the portfolio total to 0.11%.

Dsam Partners LLP. held 222,044 shares on 12/31/2012 worth $10,249,551. This brought the portfolio total to 8.57%.

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