Will Lululemon’s Quality Control Measures Be Enough For These Top Institutional Shareholders?

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Lululemon Athletica (NASDAQ:LULU) has announced that it has a grasp on its production issues that resulted in a particular line of its yoga pants being see-through on the backside. New quality control measures are in place to ensure that further transparency issues do not take place. First quarter and full year 2013 guidance remain unchanged. However, it seems that the issue did not go without casualty; the announcement came a day after the company said that chief product officer Sheree Waterson will be stepping down in mid-April.

These institutional firms indicated owning shares of Lululemon Athletica Inc. (NASDAQ:LULU) in Q1 2013. They reported owning a total of 0 shares on 03/31/2013. The shares closed at $62.35 on 03/31/2013.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

Here are the ten largest positions in Lululemon Athletica Inc. at the end of March 31st, 2013.

Navellier & Associates Inc held 0 shares on 03/31/2013 worth $0. This brought the portfolio total to %.

FMR LLC held 16,268,941 shares on 12/31/2012 worth $1,240,181,427. This brought the portfolio total to 0.22%.

Capital World Investors held 13,354,400 shares on 12/31/2012 worth $1,018,005,957. This brought the portfolio total to 0.38%.

Jennison Associates LLC held 9,767,996 shares on 12/31/2012 worth $744,614,368. This brought the portfolio total to 0.9%.

Ameriprise Financial Inc. held 5,405,324 shares on 12/31/2012 worth $412,047,867. This brought the portfolio total to 0.31%.

Columbia Wanger Asset Management LLC held 5,144,250 shares on 12/31/2012 worth $392,146,195. This brought the portfolio total to 1.81%.

Lone Pine Capital LLC held 4,830,386 shares on 12/31/2012 worth $368,220,341. This brought the portfolio total to 2.31%.

Wells Fargo & Company held 4,456,252 shares on 12/31/2012 worth $339,700,105. This brought the portfolio total to 0.2%.

Vanguard Group Inc held 3,694,898 shares on 12/31/2012 worth $281,662,087. This brought the portfolio total to 0.04%.

JPMorgan Chase & Co held 3,562,373 shares on 12/31/2012 worth $271,559,706. This brought the portfolio total to 0.09%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business